Doug Mcmillon

9 results

The logo of Flipkart is seen on the company’s office in Bengaluru, India

Walmart will pay $16 billion for a roughly 77 per cent stake in Indian e-commerce firm Flipkart, the US retailer’s largest-ever deal, in an attempt t(...)

 The technology inside the new convenience store, opening Jan. 22, 2018 in Seattle, enables a shopping experience like no other –  including no checkout lines. (Kyle Johnson/The New York Times)

Five years ago Amazon started working on a secret project: how to eliminate the checkout line in stores. Amazon executives reasoned that most other as(...)

Wlamart is to pay staff bonuses of up to $1,000.

Walmart said on Thursday it would raise entry-level wages for hourly employees to $11 an hour as it benefits from the biggest overhaul of the US tax c(...)

 While Wal-Mart Stores (whose shops are called Walmart) and Jet will remain distinct brands, they will leverage technology from both companies to develop new offerings

Wal-Mart Stores said it would buy online retailer Jet. com for about $3.3 billion (€2.9bn) in a deal that will help it to better compete with Amazon. (...)

 A shopping cart with a discarded box from a big screen TV in the near empty parking lot of a Walmart in Secaucus, New Jersey

Wal-Mart has warned that higher wages as well as spending on e-commerce and lower prices would cut earnings per share as much as 12 per cent next fisc(...)

Jenna Morris trims Nick Bonora’s hair at Bernadette’s Barbershop in  Lafayette, Indiana.  The store is one of several that display a sticker stating: “This business serves everyone.” Photograph: Nate Chute/Reuters

The national uproar over new religious freedom state laws has shown how the conflict between defenders of religious liberty and opponents of discri(...)

Staff benefiting from the new policy will from April earn at least $9 an hour, Walmart said. Photograph: EPA/MIKE NELSON

Walmart plans to spend $1 billion raising the pay for about 500,000 US staff this year as the world’s largest retailer by sales offered further signs (...)

US president Barack Obama: to announce African investment plan at US-Africa Business Forum. Photograph: Chip Somodevilla/Getty Images

American companies pledged new investment in Africa today as part of $14 billion (€10.4 billion) in construction, clean energy, banking and informatio(...)

A Wal-Mart on Thanksgiving Day in Alexandria, Virginia, US. The company is closing about 50 underperforming stores out of hundreds it has in the major emerging markets of Brazil and China

Wal-Mart stores said yesterday the head of its Canadian division would take over the retailer’s international unit next year, succeeding Doug McMillon(...)