Former Walmart CEO and current board member Mike Duke is the newest operating executive at the Carlyle Group, which suggests the pace of deal-making activity in the retail and consumer packaged goods world could be about to heat up.
Walmart’s share price will be under pressure in the coming years as a holding company created decades ago by the Walton family to control their ownership of the company prepares to unload as much as 6% of Walmart’s outstanding shares.
Amazon’s Prime membership is starting to crowd out traditional retailers like Walmart and Target, according to Forbes.
Walmart is beginning to raise wages for workers in several states as part of its employee initiative for fiscal 2015.
Walmart is looking to increase its support of community hunger programs with a new "Fight Hunger. Spark Change." campaign this spring.
Omnichannel solutions provider RichRelevance has hired a former WalmartLabs executive to serve as its chief product officer.
Atlas Technology Group, one of the fastest growing retail technology solution providers in the consumer goods industry, has named a new president.
Walmart CEO Doug McMillon's statement on social media Wednesday asking the state of Arkansas to reject legislation that critics say could allow discrimination against lesbians and gay men is indicative of the retailer's increased role in many social issues, according to the New York Times.
Sam’s Club is expanding its prescription savings program to allow Plus and Business Plus members to save even more money through new benefits.