Content about Doug McMillon

March 13, 2014

In 1984, at the impressionable age of 17, Doug McMillon’s journey with Walmart began in a way that hardly foretold he would one day become CEO. On the way to a Walmart warehouse for his first day of unloading trucks, McMillon rear-ended his supervisor’s car with his father’s Honda Civic, he recalled in the February issue of Walmart World.

March 13, 2014

What’s next for Walmart under the leadership of new CEO Doug McMillon is the focus of the Spring edition of Walmart Supplier News.

March 6, 2014

An estimated 3,000 suppliers and Walmart’s top executives are scheduled to participate in the retailers Product Sustainability Expo to be held from April 29 through May 1.

February 20, 2014

Walmart shareholders have gotten spoiled by some hefty dividend increases in recent years, but that won’t be the case in 2014 when the annual payout rises a meager 2%.

February 20, 2014

One of the bright spots in Walmart’s otherwise dismal fourth quarter was an online business that grew 30% to $10 billion and is forecast to exceed $13 billion this year.

February 20, 2014

Walmart knew fourth quarter results announced Thursday morning were going to be bad and its outlook weak so it gave investors something more substantial to digest by announcing plans to double the number of small format stores it will open this year and an increased omnichannel focus.

February 13, 2014

From loading trucks at the age of 17, to meeting his wife on the Bentonville square to becoming an assistant buyer and interacting with founder Sam Walton, Walmart’s new CEO Doug McMillon is sharing details about his journey to becoming the company’s youngest CEO.

February 13, 2014

All eyes will be on Walmart’s new CEO Doug McMillon next week when the company reports worse-than-expected fourth quarter results on Thursday, and McMillon makes his first public comments since becoming CEO.

December 10, 2013

Currently president and CEO of Walmart's Europe, Middle East and Africa (EMEA) and Canada region, David Cheesewright has been promoted to president and CEO of Walmart International, the company's second largest operating segment.

December 5, 2013

Walmart International president and CEO Doug McMillon isn’t due to replace current Wal-Mart Stores president and CEO Mike Duke until February, but when he does the most pressing matter on a long list of priorities will be executing the company’s digital vision.

December 5, 2013
In the spring 2014 edition of Walmart Supplier News, see what's next for Walmart under the leadership of new CEO Doug McMillon.
November 25, 2013

Walmart International president and CEO Doug McMillon was given the nod over Walmart U.S. president and CEO Bill Simon to succeed Mike Duke as president of Wal-Mart Stores, Inc., the company announced Monday morning.

January 11, 2013

The head of Walmart’s Chilean operation will assume responsibility for all of Latin America following the retirement of current president and CEO Eduardo Solorzano.

August 17, 2012

It may be the right thing to do long-term, but Walmart’s plans to slow growth in China, Mexico and Brazil didn’t sit well with investors this week.

June 4, 2012

Walmart’s strategy of every day low prices underpinned by an every day low cost operating model will work everywhere in the world, according to international division president and CEO Doug McMillon.

April 13, 2012

More framework and less freedom is how Walmart International president and CEO Doug McMillon described the subtle shift occurring within a $126 billion division where he is looking to drive improved performance with a “powered by Walmart” approach.

October 3, 2011

Former Asda executive and Walmart Canada CEO David Cheesewright has a new role that opens up some intriguing growth possibilities, given his new responsibilities include oversight of geographic areas where Walmart doesn’t currently operate stores.

September 28, 2011

In her new role as president and CEO of Walmart Canada, Shelley Broader will be tasked with addressing new competition from Target and other retailers expanding into Canada.

May 19, 2011

Sales at Walmart’s international division increased 11.5% to $27.9 billion, aided to a large degree by a $1.3 billion currency exchange benefit, without which the sales increase would have been a more modest 6.2%.

March 24, 2011

Walmart International takes center stage next week with investors, as international division president and CEO Doug McMillon and other members of senior leadership offer insight into operations in China and Japan.

March 10, 2011

Have you noticed lately how discussions of the Sam’s Club business include references to Sam’s international presence? First it was Sam’s president and CEO Brian Cornell during the fourth-quarter conference call when he said, “We continue to see growth in the Sam’s Club brand in our international markets as Doug (international division president and CEO Doug McMillon) and his team opened 14 new Sam’s Clubs this fiscal year. We continue to work with the international team to share best practices across the organization to ensure we’re meeting our members’ need both in the United States and around the world.”

Then, earlier this week at an investor conference in Orlando, Cornell was talking about Sam’s international presence again.

December 17, 2010

Walmart removed all doubt about how it intends to enter Russia this week when it announced the closure of its office in Moscow. The office was opened two years ago to investigate opportunities in the country, but international division president and CEO Doug McMillon said it no longer made business sense to maintain the facility.

“The Russian market is a compelling retail opportunity and we believe that Russian consumers could benefit from Walmart’s value proposition,” McMillon said. “Since we have decided to enter the market through acquisition, not greenfield development, and since there is no clear acquisition partner in the near term, there is not a business reason to continue our Moscow representative office. We will continue to pursue market entry opportunities.”

Walmart clearly wants to enter Russia, but it is less clear how the company defines near term when it refers to a lack of clear acquisition partners. Unless a compelling opportunity presented itself, Walmart is under no pressure to enter the country. It has abundant growth opportunities elsewhere in existing markets and two acquisitions to integrate in 2011 in the United Kingdom and South Africa.

March 8, 2009

Wal-Mart Stores has named Brian Cornell will become president and CEO of its Sam's Club...

February 26, 2009

Longtime Wal-Mart International executive Ignacio Perez has been named EVP operations at Sam’s Club following...

© 2014 Retailing Today. All Rights Reserved.