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Cheesewright to educate investors in Canada
Walmart Canada president and CEO David Cheesewright is scheduled to speak next week at the Jefferies 2011 Global Consumer Conference near Boston. Walmart doesn’t typically push country presidents on stage at investor conferences except at its own analysts’ meetings when it has hosted events overseas in such places as China earlier this year or prior years in Brazil and the United Kingdom. However there are some interesting things going on in Canada these days, and the Jefferies event is an opportunity for Walmart to showcase some of its management talent.
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Report: Wal-Mart cutting costs through innovative supply chain
Bentonville, Ark. -- A report Thursday by Bloomberg said that Wal-Mart Stores is battling rising commodity prices by working with its suppliers to avoid price increases, among other strategies.
“We find creative ways to work around it,” Doug McMillon, president and CEO of Wal-Mart International, told Bloomberg. “First we try to keep our costs as low as we can, secondly work with our supply chain as best we can.”