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Walmart

  • Walmart Foundation serves up big bowl of philanthropy

    BENTONVILLE, Ark. — The Walmart Foundation is celebrating National Nutrition Month and National School Breakfast Week by giving $6.7 million in grants to five national nonprofit organizations that are providing children with school breakfast and helping families develop better eating habits. The grants are part of Walmart and the Walmart Foundation's $2 billion cash and in-kind commitment through 2015 to help fight hunger in America and Walmart's 2011 initiative to provide customers with healthier and more affordable food choices.

  • Save the date: Simon to speak

    Walmart U.S. president and CEO Bill Simon should have plenty to say when he addresses investors March 5 at the 34th Annual Raymond James Institutional Investors Conference.

    Simon’s comments precede the Raymond James conference but come roughly two weeks after Walmart reported disappointing top line growth at its U.S. stores by posting 1% comp increase that was at the low end of a forecast range calling for a gain of 1% to 3%. The company also issued a tepid outlook for first quarter growth with comps expected to be flat to up 2%.

  • Walmart doubles solar power in Hawaii

    Walmart and SunEdison completed three new solar power installations at Walmart stores in Hawaii that are expected to generate huge amounts of electricity.

    The three stores in Kahului, Kailua-Kona and Kapolei, double the total number of stores in Hawaii powered by renewable solar energy and join existing installations that are already operational atop the Honolulu Sam’s Club and Mililani Walmart on Oahu, and the Lihue Walmart on Kauai.

  • Walmart’s former general counsel steps down

     

    Walmart said Tom Mars, EVP and chief administrative officer, will leave the company effective March 13.

    Mars spent 11 years with the company and served as general counsel from 2002 to 2009 when he was promoted to his current role. In his current capacity, Mars was responsible for real estate, financial services for U.S. stores and company’s shows and events team and labor relations.

  • Great For You! gathers momentum

    A Walmart Neighborhood Market store in Springfield, Mo., was ground zero Thursday as the retailer showcased efforts to make food healthier and more affordable to First Lady Michelle Obama.

    Three years ago, the First Lady created the Let’s Move healthy food initiative and the following year Walmart unveiled five broad commitments that aligned with her vision for ending childhood obesity within a generation.

  • Wal-Mart’s U.S. chief administrative officer to step down

    New York -- Wal-Mart Stores on Thursday confirmed a report from the Wall Street Journal that its U.S. chief administrative officer, Tom Mars, will step down in March. The company did not give a reason for his departure.

  • Walmart expands solar installations in Hawaii

    Kapolei, Hawaii -- Wal-Mart Stores Inc. announced Wednesday that, together with SunEdison, it has completed new solar power installations at three Walmart stores in Kahului, Kailua-Kona and Kapolei, Hawaii, doubling the total number of stores in Hawaii powered by renewable solar energy.

    The installations contribute to Wal-Mart’s objective of being supplied 100% by renewable energy. Similar installations are already in operation atop the Honolulu Sam's Club and Mililani Walmart on Oahu, and the Lihue Walmart on Kauai.

  • On Target: Planet Retail’s Take on Target’s Q4 and full-year results

    By Sandy Skrovan, U.S. research director, Planet Retail

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