Mike Duke


Walmart Names McMillon Next CEO

Doug McMillon becomes chief executive of Walmart in February

Bentonville, AR—What’s arguably the most powerful position in retail will be held by another member of Walmart’s top executive … [Read more...]

Walmart Posts U.S. Comp Sales Decline, Lowers Forecast

Walmart checkout

Bentonville, AR—Walmart booked mixed third-quarter results, with a drop in comparable U.S. sales, increased group profits and an … [Read more...]

Walmart Cuts Full Year Profit Forecast as Shoppers Cut Back

Walmart checkout

Bentonville, AR—Confirming a concern that middle income consumers have been reluctant to spend on discretionary purchases, Walmart … [Read more...]

Walmart Reports “Difficult” Q1 with Disappointing Earnings

Walmart

Bentonville, AR—"Frankly, we had a more difficult quarter than expected," Mike Duke, Walmart’s chief executive, told analysts … [Read more...]

NRF: Fix Fiscal Cliff Before Black Friday

Boehner Obama

Washington—The National Retail Federation (NRF) today joined a growing chorus of business leaders across many industries to call … [Read more...]

Walmart Q3 Profit Up 9%, But Sales, Q4 Forecast Miss

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Bentonville, AR—Walmart reported today that its third quarter profit increased 9% but the world’s largest retailer’s sales and … [Read more...]

Walmart Q2 Profit Up, U.S. Stores See Sales Rise

Walmart checkout

Bentonville, AR—Walmart reported that its second quarter earnings rose 5.7% thanks to sales increases in its international … [Read more...]

Walmart Q1 Better than Expected, Sales Up at U.S. Stores

Walmart Everyday Low Prices Campaign

Bentonville, AR—Walmart today reported a better-than-expected first quarter as its U.S. division, its largest, continued to … [Read more...]

Feds to Investigate Walmart over Mexican Bribery Charges

Walmart de Mexico has 2,088 stores in Mexico

Washington—The U.S. Justice Department has reportedly launched a criminal investigation of Walmart regarding alleged $24 million … [Read more...]

Walmart Invests $12 million to Help Women Entrepreneurs in Latin America, Caribbean

Hillary Clinton

Cartagena, Colombia—U.S. Secretary of State Hillary Clinton announced that a new public-private partnership, which includes … [Read more...]

Walmart Q4 Profit Lower, but U.S. Sales Pick Up

Walmart Everyday Low Prices Campaign

Bentonville, AR—Walmart reported today that its fourth quarter earnings were less than a year ago, but that its U.S. division is … [Read more...]

Executive Changes: Walmart, Old Navy, JCPenney, Lane Bryant, Laura Ashley

Executive Moves

 Rosalind Brewer to Head Sam's Club; Internal Promotions at Walmart Bentonville, AR—Rosalind Brewer, who has been president of … [Read more...]

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