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The Latest Breaking News from Doug McMillon

The CEO of Walmart was rejected by Harvard, Stanford, and Wharton business schools, but now runs the Fortune 500's largest company. Here are his 3 tips for success

Doug McMillon has worked at Walmart for 33 years, 10 as CEO.

Fortune

Walmart CEO Doug McMillon keeps fending off Amazon for the top spot on the Fortune 500. Can he and the mega-retailer continue their streak?

Under McMillon, Walmart has gone from also-ran to juggernaut in e-commerce and wooed more upper-income shoppers.

Fortune

From Tide Pods to Coach bags, how Fortune 500 companies use museums of their hits and misses to drive success

Consumer-facing giants like P&G, Delta Air Lines, and Coca-Cola rely on their archives to fine-tune new products.

Fortune

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read the most diverse news in one place.

Analysts reset Walmart stock price target before shareholder meeting

This is what could happen next to Walmart shares.

The Street

Walmart Manager Shocked He Can Earn Up To $530K with 200% Performance Bonus And Stocks

Walmart managers lead big teams and walk miles daily inside the store. Recent changes are boosting morale and reducing turnover.

International Business Times UK

Inflation Sends Rich Consumers To Walmart, As It Is 'Turning The Tables' On Amazon

The persistence of inflation makes wealthy consumers more price-sensitive, leading them to seek bargains at Walmart, which is gaining an edge over Amazon in shopping convenience.

International Business Times

Target making Walmart-style price cuts on thousands of items

The Minneapolis retailer is competing with other big-box stores to keep customers shopping.

The Street

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Analysts revise Walmart stock price targets after earnings

Here's what could happen next to Walmart shares.

The Street

Walmart is nabbing Target’s ‘Tar-jay’ rep and Amazon’s delivery crowd as even the wealthy flock to the retail giant

The retailer’s blockbuster earnings are mostly thanks to its focus on groceries and e-commerce.

Fortune

Walmart stock surges to record on updated earnings and outlook

Walmart shares are set to open at a fresh all-time high Thursday following its first-quarter earnings report.

The Street

Doug McMillon Unloaded Walmart Trucks For $6.50/Hour In 1984, Now He's The CEO

After decades of working his way up the ranks of the American retailer, the Walmart CEO now earns a salary worth over $25 million a year.

International Business Times UK

Walmart has very good news for customers on a budget

The retail superstore reigns supreme in several key categories, and recent data reveals why.

The Street

Walmart joins Costco in sharing key pricing news

Both Walmart and Costco have said something some customers won’t want to hear.

The Street

Walmart makes a big move to improve hundreds of stores

The retail giant has a plan that's going to shake up its brick-and-mortar locations.

The Street

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International Business Times

Walmart Says It Will Buy TV Maker Vizio For $2.3 Bn

Walmart announced Tuesday it will buy smart television maker Vizio for $2.3 billion, boosting the retail giant's advertising venture as growth slows in its legacy business from the pandemic boom.

Fortune

Walmart customers behaving so strangely it's making bosses ‘sit up in their chairs’

Walmart CFO John David Rainey said the spending for the last two weeks of October was particularly "puzzling" when compared to prior months.

Fortune

IKEA stores owner to spend $1.1 billion on price cuts next year in deflation boon

Ingka Group's Deputy CEO said people were buying more storage solutions because high house prices had kept them in small spaces.

StockNews.com

Walmart (WMT) Pre- Earnings Under the Microscope: Buy or Sell?

Walmart (WMT) topped analysts’ expectations for sales and earnings in the last reported quarter. The retailer lifted its guidance for the full fiscal year 2024 to reflect its second-quarter upside and confidence in continued business momentum. Amid this, let’s determine if WMT is a buy or sell before its third-quarter…

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news in one place.

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Fortune

Walmart International CEO Kath McLay says her first weeks were like 'drinking from a firehose'

The former Sam's Club chief has picked up the baton from ex-Walmart International leader Judith McKenna.

Fortune

Walmart's former top-ranking woman reflects on her rise to the C-suite

Judith McKenna, former Walmart U.S. CEO, was long viewed as a front-runner to replace Walmart Inc. CEO Doug McMillon.

Barchart

This Dow Stock is Still a Great Buy Near 52-Week Highs

Walmart stock has continued to thrive amid questionable economic conditions. Expect more of the same.

StockNews.com

Unpacking Walmart (WMT) – Buy or Hold Decision This Week?

With technological advancements and unyielding demand for everyday essentials, the grocery industry is poised to maintain a favorable spot. Retail giant Walmart Inc. (WMT) looks well-positioned to capitalize on the upcoming holiday season. Should investors buy or hold the grocery stock this week in such a scenario? Keep reading to…

The Street

Walmart CEO says pricier groceries are here to stay

CEO Doug McMillon shared both good and bad news at a recent retail conference.

Fortune

Retail theft has gotten so bad Walmart will build a police station inside an Atlanta store

Crime is a $100 billion annual problem for retailers, with companies like Walmart warning it could lead to store closures if nothing is done.

The Street

Forget boycotts: Target, like Walmart, has a theft problem

The retail giants have more problems than conservative shoppers being upset over the sale of Pride merchandise.

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