by Mike Duff | Jul 26, 2022 | Retail Articles
In a business update, Walmart provided a revised outlook for the fiscal second quarter and full year as it takes pricing actions to improve inventory levels at Walmart and Sam’s Club stores in the United States. The company expects comparable sales for Walmart U.S.,...
by Mike Duff | Jul 5, 2022 | Retail Articles
More than 1,100 businesses from across the country pitched products made, grown or assembled in the United States to Walmart and Sam’s Club merchants at the retailer’s ninth annual Open Call, and the initiative delivered results in a substantial proportion of cases....
by Mike Duff | May 17, 2022 | Retail Articles
Despite a stronger than expected sales gain in the first fiscal quarter, Walmart missed a Wall Street analyst consensus estimate on income as inflation, a temporary labor imbalance and supply chain costs took dollars off the bottom line. Walmart posted company net...
by Mike Duff | Apr 22, 2022 | Featured News, Retail Articles
Walmart President and CEO Doug McMillon, in his annual letter to shareholders, associates and customers, expressed gratitude for their contributions and patronage while highlighting company focal points going forward. McMillon said Walmart continues to address...
by Mike Duff | Apr 13, 2022 | Retail Articles
Walmart has named John Rainey executive vp and CFO, noting that he will assume his new responsibilities on June 6. Rainey was executive vp, global customer operations, and CFO at PayPal where he currently serves as the company’s CFO and executive vp, global customer...
