Walmart

Walmart Job Cuts Rise To 1,000 In Company's Latest Shake-Up

Walmart is cutting as many as 1,000 jobs at its headquarters this year and next, the latest effort to streamline a retail empire under threat from Amazon....

Walmart Teams With Japan's Rakuten For E-Books, Groceries

Walmart has forged another alliance to counter Amazon, partnering with Japan’s Rakuten to sell e-books in the US and improve its online grocery busin...

Top 250 Global Retailers See 4% Revenue Growth Last Year

The world’s leading 250 retailers generated total retail revenues of US$4.41 trillion in FY 2016, representing growth of 4.1% year-on-year, with a ne...

Sam's Club Further Shakes Up Operations After Closing Stores

Sam’s Club is restructuring its product-purchasing team, marking the second big shake-up for the Walmart unit this month. A spokeswoman said the w...

Walmart Names Former Asda Exec As CEO Of International Operations

Global retail giant Walmart has announced the appointment of Judith McKenna as president and chief executive of Walmart International, the company's second...

Walmart Said To Elevate US Executive To Key Overseas Role

Walmart will tap Judith McKenna to run its international unit, elevating one of its highest-ranking female executives to a critical role, according to peop...

Wal-Mart Said to Revamp Manager Roles One Day After Pay Hike

Just one day after embarking on a pay hike, Wal-Mart Stores Inc. announced that it is taking steps to shake up management at thousands of its stores. Th...

Walmart's Wage Hike Would Represent Just Five Hours Of Sales

Walmart jolted the retail industry Thursday by raising its US starting pay to $11 an hour, a roughly 10% gain from the current level. But what does that...