Walmart surpassed third-quarter Wall Street estimates as earnings and revenue gained while some product costs, including in general merchandise, moderated. The company posted net income of $453 million, or 17 cents per diluted share, versus a loss of $1.8 billion, or...
Joining in retail’s October holiday promotional festivities, Sam’s Club is offering discounts on memberships at $55 for Plus, normally $110, and $15 for Standard, down from $50. The lowered prices are for new members, and consumers can sign up for the discounted...
Walmart corporate leadership recently appeared at a pair of annual analyst meetings and provided a fresh perspective on recent activity and the direction of the Walmart and Sam’s Club businesses. The executives outlined a plan to boost general merchandise, including...
At Home has appointed former Walmart executive Jeff Evans president and chief merchandising officer effective June 19, the company announced. Evans has 32 years of experience in managing businesses across different retail formats including department stores, warehouse...
In a memo the company passed on to HomePage News, Walmart revealed it appointed Latriece Watkins to chief merchandising officer, Walmart U.S. In her latest prior position as executive vice president, consumables for Walmart U.S., Watkins led her team to accelerate...
