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Walmart

  • Technology summit comes to Walmart’s back yard

    Northwest Arkansas isn’t the first place that comes to mind when the phrase “hotbed of start-up activity” is uttered, but organizers of a first-of-its-kind technology summit are looking to change that perception.

    On November 10, more than 800 people are expected to gather at the John Q. Hammons Convention Center in Rogers, Ark., for the Northwest Arkansas Technology Summit, an event organized by the Bentonville/Bella Vista Chamber of Commerce and the Northwest Arkansas Council.

  • Amazon predicts the hottest toys of holiday season

    Amazon.com has joined the cadre of retailers weighing in on the hottest toys of the holiday season by curating a list of more than 1,000 toys for kids.

    The retailer’s Hot Toy List includes products for kids of all ages and interests. In addition to highlighting Mom Picks and Kid Picks, Amazon’s holiday toy list also features new trend-focused categories: STEM, Movie Favorites, Retro, and Toys That Go.

  • Walmart outlines three year growth plan

    The world’s largest retailer plans to grow sales by $45 billion to $60 billion in the next three years and spend $20 billion buying back its own shares.

    The growth targets, stock buyback program and an $11 billion capital expenditure program, down from $12.4 billion this year, were announced Wednesday morning in New York at the retailer’s annual fall investor conference.

  • Job cuts come to DG’s HQ

    Dollar General is rightsizing its expense structure by eliminating several hundred positions at its home office.

    Dollar General said that effective immediately it had eliminated 255 positions but noted that 115 of those positions were vacant. The move follows an announcement the previous week by Walmart to eliminate 450 positions at its Bentonville, Ark., headquarters. Dollar General said the move was part of a broader initiative aimed at proactively improving efficiencies and reducing expenses by restructuring its corporate support functions.

  • Job cuts come to Dollar General's headquarters

    Dollar General is rightsizing its expense structure by eliminating several hundred positions at its home office.

  • Biggs named Walmart CFO

    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.

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