Doug McMillon
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Report: Walmart outlines strategy for combating discounters
At the Bank of America Merrill Lynch 2017 Consumer & Retail Technology Conference, Walmart offered insight into its strategy for competing with Aldi and Lidl. Walmart CEO, Doug McMillon summed up the plan as finding disadvantages the discounters have...
Retail
Walmart CEO gets raise, pay packet is now $19.8 mn pa
The pay of Walmart Stores Inc Chief executive Doug McMillon's has rose slightly to $19.8 million in the year ended January 31, even as profit at the world's largest retailer fell on higher costs.
According to a report in Reuters:...
Retail
Greg Foran Appointed as New President and CEO of Walmart US
Walmart has promoted Greg Foran, 53, to the President and CEO of Walmart US. Foran succeeds Bill Simon who has been in the role since June 2010 and will be transitioning out of the company. Foran will assume his...
Retail
Wal-Mart Cuts Costs, Joins Suppliers to Avoid Price Rises
Wal-Mart Stores Inc the world’s largest retailer, is cutting costs and working with suppliers to delay or avoid raising prices as commodity expenses increase, the head of the company’s international unit said. “We find creative ways to work around...
Retail
Scott Price named as president and CEO of Walmart Asia
Wal-Mart Stores Inc., has announced that Scott Price has been named executive vice president, president and CEO, Walmart Asia. In this role, he will report directly to Doug McMillon, president and CEO, Walmart International, and have responsibility for the...
Retail
Wal-Mart celebrating Earth Month; launches eco friendly bags in India
In an effort to create awareness about green environment, the US retailer Wal-Mart plans to unveil a number of earth friendly products as part of celebrating global Earth Month this April. As part of the plan, Wal-Mart has unveiled...
Retail
Wal-Mart International appoints Doug McMillon as new President, CEO
Supermarket chain Wal-Mart stores has announced the appointment of Doug McMillon as the new President, CEO of Wal-Mart International from February 1. Presently, McMillon is the president and CEO of Sam's Club. McMillon will replace Mike Duke, who was...
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Latest News
Retail sales grow 8% y-o-y in March 2024: RAI Survey
According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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