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McMillon poised to make his mark at Walmart
All eyes will be on Walmart’s new CEO Doug McMillon next week when the company reports worse-than-expected fourth quarter results on Thursday, and McMillon makes his first public comments since becoming CEO.
McMillon is no stranger to providing financial updates during the company’s pre-recorded earnings calls, investor conferences and analysts’ meetings. He performed those duties on numerous occasions during the past decade while serving as president and CEO of Walmart International and president and CEO of Sam’s Club before that.
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NRF calls for immediate adoption of chip-and-PIN tech
At a press conference this week, the National Retail Federation called for widespread adoption of chip-and-PIN payment card technology by U.S. retailers and their partners.
“The chip validates that it’s the real card,” said Tom Litchford, VP retail technologies for NRF. “The PIN provides two levels of validation.”