Walmart Pharmacy & Business News

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Wal-Mart wants to test drone delivery

Wal-Mart wants to use drones to check warehouse inventory and assist with curbside pickup and delivery services, and has applied for permission from regulators to do so, according to CNBC. “Drones have a lot of potential to further connect our vast network of stores, distribution centers, fulfillment centers and transportation fleet,” company spokesman Dan Toporek told CNBC. “There is a Walmart within five miles of 70 percent of the U.S. population, which creates some unique and interesting possibilities for serving customers with drones.” (CNBC)

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Watch: Walmart CEO McMillon on Mad Money

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. 

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Walmart outlines 3-year growth plan

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. 

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Walmart, Sam’s Club name new chief merchants

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.

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Walmart names new CFO

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.