Walmart is the Roman Empire of retail, says Burt Flickinger, Managing Director of SRG Insights. Walmart announced an impressive earnings and revenue beat that told the story investors want to hear. Walmart is winning the retail wars, especially against arch-rival Amazon.
Walmart’s eCommerce is Booming, Sales Grow 33% in First Quarter
Walmart delivered on the online sales growth it hinted at after its less than stellar performance during the last holiday season. With its eCommerce sales seemingly ready to bounce back, the retail giant’s stocks traded higher on Thursday. Business analysts…
Walmart Announces Their New CEO: Doug McMillon
The current CEO of Walmart International, Doug McMillon, will be replacing the Walmart CEO, Mike Duke, after he retires next year. Currently, McMillon oversees 6,300 Walmart’s located outside of the United States and more than 800,000 employees in 26 countries.…
Walmart Just Named A New CEO
Walmart announced Monday morning that CEO Mike Duke is stepping down, and he will be replaced by Walmart International President and CEO Doug McMillon. For the company’s Walmart International segment, McMillon has overseen over 6,300 stores and over 823,000 associates…