Doug McMillon

Walmart’s E-Commerce Surge Continues in Q3
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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Walmart Online Sales Grow Record 97% in Q2
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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Walmart Gets Big Boost From Pandemic Panic
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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Walmart Earnings Miss as Online Growth Slows
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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Walmart to Limit Ammo Sales in ‘Watershed’ Move
Risk & Compliance

Walmart to Limit Ammo Sales in ‘Watershed’ Move

"We are trying to take constructive steps to reduce the risk" that events like the El Paso mass shooting will happen again.
By Matthew Heller | September 4, 2019
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Walmart Gets Big Sales Boost From E-Commerce
Financial Performance

Walmart Gets Big Sales Boost From E-Commerce

"Walmart is now a major competitive force in e-commerce and is capable of capturing shopper share from Amazon and others.”
By Matthew Heller | May 16, 2019
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Walmart Shares Jump 9% on ‘Banner’ Quarter
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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Walmart CEO’s Pay Rises 2% to $22.8 Million
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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Walmart Online Sales Growth Slows to 23%
Financial Performance

Walmart Online Sales Growth Slows to 23%

The company cited "operational challenges" in fulfilling orders but the slowdown "reflects a broader challenge at Walmart" as it plays catch-up with Amazon.
By Matthew Heller | February 20, 2018
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Wal-Mart Heads Into Holidays on Sales Surge
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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E-Commerce to Power Walmart Sales in 2019
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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Walmart’s E-Commerce Sales Jump 60% in Q2
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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Wal-Mart Posts ‘Solid’ Quarter But Stock Falls
Strategy

Wal-Mart Posts ‘Solid’ Quarter But Stock Falls

Same-store sales were lower than analysts expected as food-price deflation continued to hit Wal-Mart's grocery business.
By Matthew Heller | November 17, 2016
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Wal-Mart Posts Another Gain in Comp Sales
Strategy

Wal-Mart Posts Another Gain in Comp Sales

Same-store sales have increased for eight straight quarters, indicating Wal-Mart's spending on improving stores is paying off.
By Matthew Heller | August 19, 2016
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Wal-Mart Lands Jet.com in E-Commerce Shift
Technology

Wal-Mart Lands Jet.com in E-Commerce Shift

Wal-Mart's $3 billion purchase of the startup is aimed at boosting an e-commerce operation that lags well behind industry leader Amazon.com.
By Matthew Heller | August 8, 2016
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