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5 mins read

Walmart CEO Doug McMillon shares 3 tips for success in work and life

Walmart's Doug McMillon shared three pieces of advice for new graduates, and revealed a mistake tha…

Dominick Reuter   


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2 mins read

Walmart is now offering price cuts on more than 7,200 items, and it's not done yet

Walmart has cut prices on a wide range of items, and CEO Doug McMillon says brands should "do the r…

Dominick Reuter   


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2 mins read

'Strong' Walmart results come as a relief for the retail sector

Walmart posted better-than-expected sales for its second quarter and raised its profit outlook, sen…

Grace Dean   


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3 mins read

Walmart sourced goods worth over $30 billion from India in last two decades

Walmart has sourced goods worth over USD 30 billion from the Indian market in the last two decades…

PTI   


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2 mins read

Walmart is cutting prices of clothes and general merchandise to appeal to inflation-hit shoppers

Expect more markdowns on Walmart apparel in the coming months as the retailer tries to unload a hug…

Grace Dean   


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2 mins read

Walmart says the high cost of food and gas is hindering the ability of its customers to buy anything else, which will hurt its bottom line

Walmart said the increased cost of food and fuel is affecting customers' ability to spend on other …

Samantha Delouya   


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4 mins read

Walmart's latest power move leaves some employees in limbo

Walmart's return-to-office mandate isn't just another big company reversing pandemic-era remote wor…

Dominick Reuter,Tim Paradis   


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2 mins read

Walmart is finding its groove — and that should terrify Target

Walmart keeps posting strong earnings thanks to its revamped stores, growing product selection, and…

Dominick Reuter   


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2 mins read

Walmart and Amazon aren't seeing a labor shortage they've had too many workers, and now it's taking a financial toll

Several weeks of overstaffing resulted in wage pressure for Walmart and productivity declines at Am…

Avery Hartmans   


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1 min read

Target's CEO made 719 times the median employee's pay last year

Target CEO Brian Cornell's total compensation was over $19.2 million last year. The median compensa…

Dominick Reuter   


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1 min read

Walmart's CEO made 976 times the median employee's pay last year

Walmart CEO Doug McMillon's total compensation was over $26.9 million last year. The median compens…

Dominick Reuter   


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2 mins read

Walmart's CEO, who started on the company's loading docks, shares 3 tips for how to move up the corporate ladder

Walmart CEO Doug McMillon started at the company 40 years ago earning $6.50 an hour on the loading …

Dominick Reuter   


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2 mins read

The family behind Walmart cashed out $1.5 billion as the stock neared an all-time high last week

With a combined net worth of $226.3 billion, the three Walton heirs are collectively wealthier than…

Dominick Reuter   


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2 mins read

It looks like high-income shoppers are becoming increasingly loyal to Walmart

Walmart CFO John David Rainey said that the retailer had seen a jump in the number of shoppers from…

Grace Dean   


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2 mins read

Sam's Club CEO wants to use AI-powered cart scanners to ring you up automatically

The current process requires Sam's Club members to scan items and pay on their phones before exitin…

Dominick Reuter   


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3 mins read

Walmart reduced its store fleet by 102 locations last year a smart move for what's next

Closing underperforming stores and selling off at least 79 small-format locations are good preparat…

Dominick Reuter   


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2 mins read

Walmart wants employees to own more of the company

Walmart's founder wanted employees to "participate in the upside of the company," CEO Doug McMillon…

Ana Altchek,Dominick Reuter   


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2 mins read

Walmart is boosting store managers' average pay to $128,000 and offering a bigger bonus

Walmart said Thursday it will increase salaries for US store managers, bringing the average from $1…

Dominick Reuter   


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2 mins read

Walmart is losing lower-income shoppers as extra unemployment benefits end and stimulus dries up

Walmart's US same-store sales growth slowed in the most recent quarter as the boost from government…

Kate Taylor