-
Guess who topped the Fortune 500, again
No great surprise that Walmart sits atop the Fortune 500 list of the world’s largest companies with its annual revenues of $485.6 billion.
Naturally, that raises familiar questions about future growth which were addressed by president and CEO Doug McMillon.
According to Fortune, Walmart is a crossroads as it transitions from the big-box era that propelled it to the world's largest company, to one in which customers are fussier about what they eat and can easily comparison shop thanks to the internet.
-
Kroger does it again
Cincinnati -- Kroger Co. on Thursday reported a big increase in its first quarter profit and its 46th consecutive quarter of positive identical supermarket sales growth, excluding fuel.
“Our results show the power of our Customer 1st Strategy," stated Rodney McMullen, chairman and CEO, Kroger. "Our associates are making a difference for our customers by providing excellent service and product quality and selection, and we continue to improve the shopping experience by bringing technology and digital capabilities to our business.

