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Communication During Crisis: Tech CEO Manages Silicon Valley Bank Collapse
Focal Point’s CEO kept partners, shareholders, and employees well-informed when SVB's failure threatened operations.
By
Adam Zaki
| March 17, 2023
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Human Capital Management
Communication During Crisis: Tech CEO Manages Silicon Valley Bank Collapse
Focal Point’s CEO kept partners, shareholders, and employees well-informed when SVB's failure threatened operations.
By
Adam Zaki
| March 17, 2023
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Brett Biggs
Financial Performance
Walmart’s E-Commerce Surge Continues in Q3
“We’re convinced that most of the [shift to online shopping] will persist beyond the pandemic," CEO Doug McMillon says.
By
Matthew Heller
| November 17, 2020
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Financial Performance
Walmart Online Sales Grow Record 97% in Q2
The surge in e-commerce reflects shifting shopping habits amid the coronavirus pandemic and helped power a 9.3% gain in Walmart's same-store sales.
By
Matthew Heller
| August 18, 2020
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Financial Performance
Walmart Gets Big Boost From Pandemic Panic
For many grocery staples and cleaning supply items, "we were selling in two or three hours what we normally sell in two or three days."
By
Matthew Heller
| May 19, 2020
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Financial Performance
Walmart Earnings Miss as Online Growth Slows
Walmart's Q4 results show “the pressure traditional retailers are facing to keep pace with consumers who are increasingly shopping online."
By
Matthew Heller
| February 18, 2020
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Tax
Companies Scramble to Ease Impact of China Tariffs
Those surveyed by KPMG have employed various strategies to reduce the added cost.
By
David McCann
| June 19, 2019
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Financial Performance
Walmart Shares Jump 9% on ‘Banner’ Quarter
U.S. same-store sales rose 4.5% — the best growth in more than a decade — amid a particularly strong performance in Walmart's grocery business.
By
Matthew Heller
| August 16, 2018
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Leadership
Walmart CEO’s Pay Rises 2% to $22.8 Million
Doug McMillon outearned the typical Walmart employee by a ratio of 1,888 to 1 in 2017, the company discloses.
By
Matthew Heller
| April 20, 2018
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Financial Performance
Wal-Mart Heads Into Holidays on Sales Surge
Grocery categories delivered the strongest quarterly performance in nearly six years and e-commerce grew 50% in the third quarter.
By
Matthew Heller
| November 17, 2017
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Strategy
E-Commerce to Power Walmart Sales in 2019
"No doubt we are in a transformational period of history. Our future is looking more digital," says CEO Doug McMillon.
By
Matthew Heller
| October 10, 2017
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Financial Performance
Walmart’s E-Commerce Sales Jump 60% in Q2
The retail giant has made aggressive moves to compete with Amazon and now offers online grocery in more than 900 U.S. locations.
By
Matthew Heller
| August 18, 2017
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Financial Performance
Walmart’s Online Sales Increase 29% in Q4
Comp sales were up at all Walmart's retail formats though analysts are wondering when sales growth will translate into earnings growth.
By
Matthew Heller
| February 23, 2017
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Corporate Finance
Accounting and Finance Roundup for Executives
Take control of your finance with the company that knows it best, CFO's roundup has the insights you need.
By
Kerry Maruna
| October 12, 2015
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People
Wal-Mart CFO to Retire After 5 Years on Job
Walmart International CFO Brett Biggs will replace Charles Holley amid challenging times for the retailer, whose stock has fallen 22% this year.
By
Matthew Heller
| October 9, 2015
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