Content about Doug McMillon

January 11, 2013
Walmart makes Latin American leadership change

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
The words no investor wants to hear

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
McMillon bets career on EDLP

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
McMillon balances freedom and framework internationally

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
Walmart evolves Canadian leadership too

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
'Broader' challenges await new Walmart Canada head

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
Comps, currency and 54 new stores boost international sales

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
Asian activities to be detailed next week

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
Reading between the lines

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 to buy Russian retailer eventually

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
Cornell named CEO of Sam's Club

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

February 26, 2009
Management transition continues at Sam's Club

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

October 16, 2008
From Fortune: Sam's ceo weighs in on the future

In an interview with Fortune Magazine, Sam's Club ceo Doug McMillon weighs on gas prices,...

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