Joel Anderson, president and chief executive officer of Walmart.com, has departed the online giant to assume the role of president at Five Below, a retailer that targets pre-teens and teens with trendy, extreme-value merchandise, according to a Five Below press release issued Tuesday morning.
Walmart Pharmacy & Business News
Walmart chairman Rob Walton encouraged employees to “go for it,” and president and CEO Doug McMillon said the company would accelerate the pace of change during the company’s annual shareholders’ meeting June 6 in Fayetteville, Ark.
Wal-Mart Stores chairman Rob Walton, 69, announced the appointment of Greg Penner, 44, as vice chairman at the company's shareholders' meeting Friday morning, a move that positions Penner, Walton 's son-in-law, as his successor.
The Senate confirmed former Walmart executive Sylvia Burwell as Secretary of the Department of Health and Human Services on Thursday by a vote of 78-17, according to several reports.
Following a pilot in the spring, Walmart has announced plans to roll out its Savings Catcher, a receipt-comparison tool, nationwide later this summer.
Walmart Canada president and CEO Shelley Broader’s responsibilities have been significantly expanded to include oversight of Europe and Africa.
Walmart has announced enhancements to its mobile pharmacy app. The update will help customers make better saving decisions and allow quick access to its list of $4 prescriptions.
A soft cough-cold season has given way to a robust allergy season, Bill Simon, Walmart U.S. president and EVP, told analysts Thursday, which was one contributing factor to improving overall health and wellness by more than 150 basis points.
Walmart continues to envision flat same-store sales at its U.S. stores after reporting weaker than expected profits on weak U.S. sales results that were negatively affected by a winter that wouldn’t end.