The Latest Breaking News from Doug McMillon

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

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

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

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

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.

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

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.

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.

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

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

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…