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The Latest Breaking News from Doug McMillon

Walmart CEO Doug McMillon says customers are exhibiting 'stressed behaviors'—and it's already tanked the company's valuation by $22 billion

The retailer’s stock dropped on the news that consumer confidence had hit a 12-year low.

Fortune

Walmart has kept prices low during inflation and raised pay for managers. Investors aren't happy

Walmart also reported lower quarterly revenue than Amazon for the first time ever.

Fortune

Walmart stock tumbles on lower 2025 guidance given 'uncertain times' in the economy: 'We don't want to get out over our skis here'

Walmart’s stock has been on a tear over the last year.

Fortune

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Five underrecognized standout CEOs of the year

This is one year where it is hard to recognize just five outstanding CEOs, with hundreds of companies enjoying record stock prices amidst record profitability.

Fortune

The pros and cons of job-hopping if you want to be CEO

There are benefits and drawbacks to staying at one company if you’re a CEO aspirant.

Fortune

Walmart Stock, Costco Roar As They Create Amazon-Like Businesses

The traditional retailers have outrun many Big Tech stocks amid e-commerce shift in a complex consumer environment.

Investors Business Daily

Walmart CEO shares lessons of drone delivery at Morgan Stanley gathering

The Fortune 500 veteran talked price segmentation at Morgan Stanley's largest retail event of the year.

Fortune

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Why the CEOs of Walmart and Delta have taken the long view

Investing aggressively is now paying dividends for two Fortune 500 titans.

Fortune

Walmart's automation boom means lower delivery costs and better careers, says CFO

Some of the retailer's physically demanding jobs are evolving, John David Rainey told Fortune.

Fortune

Walmart exec warns customers Trump's tariffs could mean higher prices

“Our model is everyday low prices,” CFO John David Rainey said. “But there probably will be cases where prices will go up for consumers.”

Fortune

Walmart has mastered the dupe, sending the wealthy flocking to its stores

The company said about 75% of its gains this quarter came from customers making more than $100,000 per year.

Fortune

Why Walmart Stock's a Buy After Its Beat-And-Raise Quarter

Walmart is the best Dow Jones stock Tuesday after the retail giant's solid earnings report and outlook and Wall Street thinks it's just getting started. Here's what they're saying.

Kiplinger

Walmart Says AI Will Predict What Shoppers Want To Buy This Holiday

The retail giant said it is using AI and GenAI to assist customers with picking out the right gift

International Business Times

JP Morgan's CEO and other top executives on why skills-based hiring is the future of work

A new documentary on Netflix focuses on a skills training program that leads to Fortune 500 internships.

Fortune

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Bored Panda

Influencer Films Herself Shoplifting At Walmart, Gets Caught By AI Tech And Laughing Clerk

"POV: When you usually don't get caught and now you're banned for 2 years from all Walmarts in [your] area." The post Influencer Films Herself Shoplifting At Walmart, Gets Caught By AI Tech And Laughing Clerk first appeared on Bored Panda.

Fortune

Kurt Geiger’s CEO went from cleaning toilets to running a $432 million fashion brand—he says he got promoted by making his boss look brilliant

Neil Clifford would rather step into his bosses’ shoes “than push them over the cliff.”

Fortune

Luxury footwear CEO took over his first store at just 19 and had to sack all the staff who were stealing

Neil Clifford has gone from working at a car dealership and cleaning toilets for extra pocket money to running £330 million-a-year business Kurt Geiger.

Fortune

Rich people are going to Walmart more—and they're a key reason for the company's recent success

CEO Doug McMillon told analysts upper-income shoppers account for most of Walmart’s sales gains.

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Barchart

Walmart’s Unusual Options Activity From Wednesday Deserves a Closer Look

Walmart reported quality earnings Thursday before the markets opened. The retailer also raised its guidance for fiscal 2025. That caused Walmart stock to jump on the news. The company’s unusual options activity from Wednesday deserves a closer look.

Fortune

Walmart's shopper surge last quarter should boost retailer's profits for the rest of the year

On its latest earnings call, Walmart beat expectations and raised its guidance for the rest of the year.

The Guardian - US

Why is Trump cozying up to America’s most powerful business leaders?

Stocks are at near record levels. That’s not enough for some corporate CEOs, who want more giant tax cuts

Fortune

Fortune 500 CEOs can't stop thinking about AI—even if they have modest ambitions for the new tech

CEOs are most interested in using AI to automate customer service and back-office tasks—goals they had before the new tech burst onto the scene.

Fortune

How Walmart lured top talent to small town Arkansas

Doug McMillon has focused on changing the company’s reputation.

Fortune

The CEO of Walmart was rejected by Harvard, Stanford, and Wharton business schools, but now runs the Fortune 500's largest company. Here are his 3 tips for success

Doug McMillon has worked at Walmart for 33 years, 10 as CEO.

Fortune

Walmart CEO Doug McMillon keeps fending off Amazon for the top spot on the Fortune 500. Can he and the mega-retailer continue their streak?

Under McMillon, Walmart has gone from also-ran to juggernaut in e-commerce and wooed more upper-income shoppers.

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