More than a dozen of Walmart’s top merchants are in new roles following a realignment of responsibilities that chief merchandising and marketing officer Duncan Mac Naughton said is designed to recognize customers’ needs and serve them more efficiently.
Walmart continues to press on the mobile phone front with an exclusive deal with Virgin Mobile. As of Saturday, June 21, Virgin Mobile’s payLo will offer customers domestic unlimited voice or unlimited texting for $20 per month.
@WalmartLabs, the Silicon Valley-based tech R&D and innovation arm of Wal-Mart Stores, has acquired Stylr, a mobile fashion app that helps shoppers finds clothes in nearby stores. Terms of the deal were not disclosed.
Many Americans take the safety of their food supply for granted, but that isn’t the case in China, a nation characterized by open air wet markets and a regulatory environment in which it can appear foreign companies are held to a higher standard.
Former Walmart president and CEO Mike Duke and company chairman Rob Walton drew large numbers negative votes when they stood for re-election to the retailer’s board at the annual shareholders’ meeting on Friday, June 6.
When it comes to powerful retail CEOs, the names Dave Dillon at Kroger, Frank Blake at Home Depot, Craig Jelinek at Costco and Doug McMillon at Walmart come to mind. But they’ve got nothing on Greg Penner.