Walmart CEO Doug McMillon sat down with CNBC’s Jim Cramer to discuss the future of the world’s largest retailer following the company’s difficult day on Wall Street following its analysts’ meeting.
Walmart Pharmacy & Business News
At Wal-Mart Stores' annual fall investor conference, the company’s president and CEO Doug McMillon outlined his plan to grow sales by $15 billion and buy back its shares over the course of the next three years.
Walmart CEO Doug McMillion shared with investors that private label will play a significant role in the company's future as a value-driven operator.
In addition to screenings, Walmart’s licensed pharmacists were on hand to administer immunizations in select stores as part of “America's Biggest Health Fair” on Saturday.
On the same day that it announced a new CFO, Walmart has filled its empty chief merchant spot and named other executives to key leadership roles within the organization, including a new head merchant at Sam’s Club.
After more than two decades in top finance roles at Walmart, Charles Holley, 59, is stepping down as CFO at the world’s largest retailer.
Twenty-year Walmart veteran Laura Phillips is set to become the company's senior VP of sustainability, effective Jan. 1, according to GreenBiz. “"She was part of the original group of key leaders that our former CEO Lee Scott assembled in 2004 to help develop Walmart’s sustainability strategy, initial goals and principles," Walmart’s chief sustainability officer Kathleen McLaughlin said in a memo about Phillips’ new job. (GreenBiz)
Walmart will provide free blood glucose, blood pressure, vision screenings and product samples —and more than 10,000 of the company’s pharmacists will offer immunizations in select stores.
The long-rumored cuts were detailed in an internal memo with the subject line “a company positioned for the future,” that Wal-Mart Stores, Inc., President and CEO Doug McMillon distributed to the company’s home office employees on Friday.