Walmart

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.

Succeeding Holley will be Brett Biggs, a well-rounded finance executive who joined Walmart in 2000 and has held key roles in each of the retailer’s divisions.

Photo: Steve Bratspies

Walmart Canada is looking to make online shopping as convenient as possible by partnering with 7-Eleven Canada Inc. to expand Walmart Canada’s Grab & Go locker network in six 7-Eleven stores in the greater Toronto area.

The service offers customers using Walmart.ca a free shipping option where they can pick up their order, 24 hours a day, seven days a week, at no cost. This partnership expands on Walmart Canada’s current Grab & Go Locker service, which offers free shipping to 45 Grab & Go lockers in the GTA.

Walmart Canada is joining forces with a C-store giant to make online shopping as convenient as possible.

In a pilot project, Walmart’s Canadian subsidiary is partnering with 7-Eleven Canada to expand Walmart Canada’s Grab & Go locker network to six 7-Eleven stores in the greater Toronto area.

Walmart is planning to hold what will it says will be “America's Biggest Health Fair” across 4,400 locations on the afternoon of Oct. 10.

Given Walmart's expansive reach and the number of complementary health screenings being provided, the company expects to uncover as many as 3,000 cases of diabetes over the course of the day and 7,000 incidences of high blood pressure.

Sam’s Club made some expansive personnel and strategy changes focused on merchandising on the same day that Walmart announced job cuts at its home office in Bentonville, Arkansas.

In a memo sent to Sam’s Club employees on Friday, Sam’s Club CEO Rosalind Brewer said the company “has been conducting an in-depth analysis of its business to map out a winning path for the future of Sam’s Club.”

The four key elements to the new strategy include:

GameStop has joined a growing list of retailers offering a new incentive for a vast segment of consumers to start thinking about holiday shopping: a comprehensive layaway program.

The company has joined Kmart, Walmart and other retailers in launching an enhanced layaway program in the past few weeks designed to help shoppers access the hottest gifts of the season.

The importance of expense control at Walmart became evident on Friday when the retailer confirmed it planned to eliminate 450 positions as part of a broader restructuring effort.