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Walmart

  • Carrefour's incoming CEO to take helm early

    Paris -- The world’s second largest retailer behind Wal-Mart said Thursday that its leadership will change hands earlier than planned. France's Carrefour said that current CEO Lars Olofsson had retired at a board meeting on Wednesday, and that incoming chief Georges Plassat will take over as chief executive immediately.

    Plassat joined Carrefour last month as COO. He was supposed to make his CEO transition effective June 18. He will take charge of an aggressive turnaround effort intended to reverse years of underperformance.
     

  • Student mural honors Sam Walton's legacy

    The Walmart Visitor Center, Downtown Bentonville, and Bentonville public schools, today, will unveil the Wal-Art Student Mural on the Bentonville Square.

  • Sam Walton display recieves $1 million for renovation

    Walmart and the Walton Family Charitable Support Foundation have teamed up to donate $1 million to fund the renovation and expansion of the current Sam M. Walton College of Business display, honoring Walmart’s founder, Sam Walton. Each organization donated $500,000 to update the display in the Business Administration Building on the University of Arkansas campus. 

  • NASCAR fun races into Charlotte

    NASCAR fans in Charlotte will have a lot to look forward to this weekend as the city welcomes the Coca-Cola 600.

  • Walmart tops list of most valuable retail brands

    New York — Walmart topped the list retailers on the BrandZ Top 100 Most Valuable Global Brands, according to a study commissioned by WPP Group and conducted by Millward Brown Optimor.

    The BrandZ Top 100 Most Valuable Global Brands study identifies and ranks the world's most valuable 100 brands by their dollar value, an analysis based on financial data combined with consumer measures of brand equity.

  • California pension fund at it again

    The California State Teachers' Retirement System (CalSTRS) intends to use its 5.3 million shares to block the reelection of the entire board of directors of Wal-Mart Stores. You may recall this is the same group that filed suit against Walmart and its executives over their alleged actions in Mexico.

  • Hefner out, Redfield in as Sam’s Club new head merchant

    Sam Club president and CEO Ros Brewer on Thursday named Charles Redfield as Sam’s newest EVP merchandising to replace Linda Hefner who will relocate to Chicago, according to an internal announcement.

  • Walmart Q1 comps gain 2.6%

    BENTONVILLE, Ark. -- First quarter profits at Walmart exceeded analysts’ estimates as same-store sales increased 2.6% and the company said it strategy of low prices on a broad merchandise assortment is resonating again with shoppers.

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