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“Retail history is very clear. Those that are unwilling or unable to change go away. Those that get ahead of the curve will thrive."
— DOUG McMILLON, Wal-Mart Stores Inc.
Walmart plans to transition to wood-grain reusable plastic containers for transporting and merchandising produce at all U.S. stores, VP of produce Dorn Wenninger announced at PMA’s Fresh Summit show in Atlanta on Saturday.
The change from blac...
"I want to be clear, we still have lots of room to improve. And we’ve already put another line in the sand and have raised the bar higher for where we expect them to get to."
—GREG FORAN, Walmart
Officials of Wal-Mart Stores on Wednesday acknowledged that earnings would continue to be under pressure — particularly in the next fiscal year — as a result on ongoing investments in employees and e-commerce.
However, they said, they also exp...
Wal-Mart Stores on Friday said it was promoting Steve Bratspies to the role of U.S. chief merchandising officer, an office vacant at the retailer since the departure of Duncan Mac Naughton almost a year ago.
Bratspies, who most recently served...
Brett BiggsWal-Mart Stores has appointed Brett Biggs as its new CFO following the retirement of Charles Holley, the retailer announced Friday.
Effective Dec. 31, Biggs will take on the CFO role, reporting to Walmart president and CEO Doug McMi...