The approximately 500 entrepreneurs from across the United States that made the 750 product pitches at Walmart’s corporate office in Bentonville, AK on Jun 28 as part of the company’s U.S. Manufacturing Open Call included a number of home-oriented potential suppliers including Decalomania, which offers augmented reality wall decals, and the Ontario Knife Co., which produces the Old Hickory 5-piece Cutlery Set.
At the company’s 47th annual shareholders’ meeting, Wal-Mart Stores president and CEO Doug McMillon said the retailer had begun inventing the future of shopping “again.”
For the fourth quarter ended January 31, Wal-Mart Stores posted company net income of $3.76 billion, or $1.22 per diluted share, versus $4.57 billion, or $1.43 per diluted share, in the year-earlier period.
As part of its 2016 investment community meeting, Wal-Mart Stores said it plans to outline the company’s strategic framework to its omnichannel strategy, which includes continued investment in digital products and integration of Jet.com into more comprehensive Internet operations.
Walmart is eliminating about 7,000 backroom positions in an effort to make its store operations more efficient.
Following its recent acquisition of Jet.com, Walmart maintained its momentum in the second quarter, posting a rise in net income, comps and net sales.
Wal-Mart Stores has launched a strategic advertising partnership with the Publicis Groupe and has dropped…
In his presentation today, June 3, at the Wal-Mart Stores annual shareholders meeting, Brett Biggs,…
Wal-Mart reported positive developments for the company overall in its first quarter, with home goods…
For the fiscal year ended December 31, Li & Fung, which sources product for major…
