Wal-Mart Archives - CFO

Wal-Mart Nabs Bonobos for $310M

Wal-Mart Nabs Bonobos for $310M

The acquisition of the online retailer is the latest in a string of deals to bolster Wal-Mart's e-commerce strategy.

By William Sprouse | June 16, 2017

Walmart’s Online Sales Increase 29% in Q4

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

Trump Praises Wal-Mart, GM for U.S. Job Moves

Trump Praises Wal-Mart, GM for U.S. Job Moves

The retailer and automaker join a parade of U.S. companies that have been touting their commitment to domestic job creation.

By Matthew Heller | January 17, 2017

Wal-Mart Posts ‘Solid’ Quarter But Stock Falls

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

Wal-Mart Doubles Stake in China’s JD.com

Wal-Mart Doubles Stake in China’s JD.com

Four months after acquiring 5.9% of JD.com, Wal-Mart has become the third largest shareholder in the Chinese e-commerce company.

By Matthew Heller | October 7, 2016

Wal-Mart to Close 269 Stores, Cut 16,000 Jobs

Wal-Mart to Close 269 Stores, Cut 16,000 Jobs

The closures include all 102 small-format Walmart Express stores, with the retailer choosing to focus on its Neighborhood Markets.

By Katie Kuehner-Hebert | January 15, 2016

Wal-Mart Showing Signs of a Turnaround

Investor Relations

Wal-Mart Showing Signs of a Turnaround

Sales in existing U.S. stores rose 1.5% in the third quarter, the fifth straight quarter of growth.

By Matthew Heller | November 17, 2015

Wal-Mart Shares Tumble on Earnings Forecast

Wal-Mart Shares Tumble on Earnings Forecast

The stock suffers its worst fall since February 2000 as the retailer issues a gloomy outlook for 2017 that underscores investor concerns.

By Katie Kuehner-Hebert | October 14, 2015

Wal-Mart Lays Off 450 Workers at Arkansas HQ

Wal-Mart Lays Off 450 Workers at Arkansas HQ

The retailer says it is aligning home office staff with its priorities of growing e-commerce sales and improving the shopping experience at its stores.

By Katie Kuehner-Hebert | October 2, 2015

Walmart’s Next Move

Workplace Issues

Walmart’s Next Move

The giant retailer is launching a new strategy, emphasizing e-commerce and the customer experience, says CFO Charles Holley.

By Edward Teach | May 14, 2015

Express Scripts’ Smith Steps Down as CFO

Express Scripts’ Smith Steps Down as CFO

After less than a year on the job, the former Wal-Mart exec announces her departure from the pharmacy benefit manager.

By Matthew Heller | December 16, 2014

Supply Chain Headache at L.A. Port

Supply Chain Headache at L.A. Port

Two-to-three week delays in moving cargo containers out of the port could cause problems for major retailers that are stocking up for the holidays.

By Matthew Heller | October 24, 2014

eBay, Wal-Mart Lower Their Holiday Expectations

eBay, Wal-Mart Lower Their Holiday Expectations

Both eBay and Wal-Mat cut their sales forecasts for their current fiscal year, in part blaming a stronger U.S. dollar.

By Matthew Heller | October 16, 2014

Wal-Mart Part-Timers to Lose Health-Care Benefits

Workplace Issues

Wal-Mart Part-Timers to Lose Health-Care Benefits

Employees of the retailer that work less 30 hours a week will no longer be covered under the company's health-care plans.

By Matthew Heller | October 8, 2014

Wal-Mart: Tip of Bribery Iceberg

Workplace Issues

Wal-Mart: Tip of Bribery Iceberg

The retailer is getting most of the ink these days for alleged corruption in Mexico, India, and perhaps other countries. But every global company is at risk for onerous FCPA violations.

By Caroline McDonald | December 6, 2012