The Latest Breaking News from Doug McMillon

Walmart stock has continued to thrive amid questionable economic conditions. Expect more of the same.

With technological advancements and unyielding demand for everyday essentials, the grocery industry is poised to maintain a favorable spot. Retail giant Walmart Inc. (WMT) looks well-positioned to capitalize on the upcoming holiday season. Should investors buy or hold the grocery stock this week in such a scenario? Keep reading to…

Walmart attracted shoppers with lower-priced items, in contrast to rival Target, posted stronger-than-expected Q2 earnings and lifted its full-year profit forecast.

The retail giant's CEO shared some news that shoppers should pay attention to (even if they shop at Target, Costco, or Kroger).

The giant retailer is giving its customers something that the membership-based warehouse club has made a core part of its shopping experience.

Midwest grocery giant Hy-Vee announced the closure of its North Ottumwa, Iowa, location in a heartbreaking statement sent to employees and customers alike

"We leveraged expenses, expanded operating margin, and grew profit ahead of sales," said CEO Doug McMillon.

Walmart US CEO Doug McMillon insisted stores were facing a stealing problem, saying: "Theft is an issue. It's higher than what it has historically been"

Business experts designed a project that helped hundreds of small Mexico City businesses thrive. A similar effort to help mom-and-pop businesses in Chicago’s low-income Black and Latino neighborhoods might well have the same impact.