Walmart enjoyed a stellar fourth-quarter beating Wall Street on earnings as comparable sales made significant gains. In the fourth quarter, company net income was $3.56 billion, or $1.28 per diluted share, versus a net loss of $2.09 billion, or 74 cents per diluted...
Longtime Walmart CFO Brett Biggs is leaving the company, which said it would begin a search to fill his role. Walmart said Biggs, who has been with the company for 22 years and acted as executive vice president and CFO since 2015, will pursue new opportunities in the...
Leaders from several major retailers met with President Joseph Biden as part of a roundtable where they discussed steps taken to overcome supply chain bottlenecks and to meet consumer demand during the holiday season. Retail executives attending were Doug McMillon,...
Even with COVID-19 lingering and related marketplace challenges affecting operations, Walmart enjoyed a strong third quarter that saw it build momentum, president and CEO Doug McMillion declared. For the quarter, Walmart posted a company net income of $3.11 billion,...
The National Retail Federation has announced that Target board chairman and CEO Brian Cornell will receive The Visionary award, which it grants each year to an outstanding retail industry leader. NRF will make the award presentation during the seventh annual NRF...
