Walmart has announced major leadership changes within the company, with Judith McKenna, the president and CEO of Walmart International, set to retire after 27 years with the retailer. Effective Sept. 11, Kath McLay will take over as the president and CEO of Walmart International, while Chris Nicholas will assume...
Retail giant Walmart posted fiscal 2019 fourth quarter results that topped expectations amid strong holiday spending and U.S. eCommerce sales that logged 43 percent growth year over year. Headline numbers show that within the United States, same store comparable sales for the quarter that ended...
As part of an agreement with Walmart, Advent International is planning on investing 1.9 billion reais — or $485.66 million — in the retailer’s operations in Brazil. The global equity fund plans to release the money over three installments, Reuters reported. For capital raises, the...
After much speculation – and a fair amount of “will they, won’t they” – it looks like the deal is done: Walmart will be the majority owner of Indian eCommerce up-and-comer Flipkart, with a 77 percent stake. All it will cost them is a cool $16 billion....
April 26, 2024
Walmart has been expanding its omnichannel capabilities across its three segments: Walmart U.S., Walmart International and Sam’s Club. The company’s people and technology are dedicated to giving customers the opportunity to shop in both retail stores and through eCommerce so they can access what they need “anytime and anywhere,” the retailer said in its annual […]
August 16, 2023
Walmart has announced major leadership changes within the company, with Judith McKenna, the president and CEO of Walmart International, set to retire after 27 years with the retailer. Effective Sept. 11, Kath...
August 28, 2018
As part of an agreement with Walmart, Advent International is planning on investing 1.9 billion reais — or $485.66 million — in the retailer’s operations in Brazil. The global equity...
May 10, 2018
After much speculation – and a fair amount of “will they, won’t they” – it looks like the deal is done: Walmart will be the majority owner of Indian eCommerce up-and-comer...
