Bentonville, AR—"Frankly, we had a more difficult quarter than expected," Mike Duke, Walmart’s chief executive, told analysts … [Read more...]
Mike Duke
NRF: Fix Fiscal Cliff Before Black Friday
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
Bentonville, AR—Walmart reported today that its third quarter profit increased 9% but the world’s largest retailer’s sales … [Read more...]
Walmart Q2 Profit Up, U.S. Stores See Sales Rise
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
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
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
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
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
Rosalind Brewer to Head Sam's Club; Internal Promotions at Walmart Bentonville, AR—Rosalind Brewer, who has been president of … [Read more...]
Walmart’s U.S. Sales Rebound Despite Q3 Profit Miss
Bentonville, AR—While Walmart’s third quarter profit just missed expectations, the retail giant reported some good news about … [Read more...]
