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Doug McMillon

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...

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:...

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...

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...

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...

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...

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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Tiger Logistics plans to raise up to Rs 400 cr

The company is exploring various financial instruments including the issuance of equity shares to raise the amount, an exchange...
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