Guggina will replace Furner as Walmart US chief executive. He joined Walmart in 2018 and is currently chief ecommerce officer ...
Walmart has turned a decade of digital experimentation into a decisive growth engine, riding an e-commerce boom that is reshaping both its balance sheet and its place in the retail hierarchy. The ...
Walmart (NasdaqGS:WMT) announced the retirement of CEO Doug McMillon. John Furner has been named Walmart Inc. CEO, with David Guggina appointed CEO of Walmart U.S. The leadership changes highlight an ...
*Walmart is revolutionizing its e-commerce strategy by introducing dark stores, retail spaces dedicated exclusively to fulfilling online orders. As CRE Daily reports, the company launched a pilot in ...
Walmart reports their fiscal Q4 ’25 financial results before the opening bell on February 20, 2025. Consensus expectations are for $0.53 in EPS, $180.2 billion in revenue and $6.8 billion in operating ...
New CEOs often arrive with a mandate to turn a company around. Walmart Inc.’s John Furner is taking the helm with another daunting challenge: coming in at a high point.
It currently lags far behind Walmart in grocery market share.
Walmart’s (WMT) third quarter results and expectations for the remainder of the year underscored the retail giant’s proficiency at maintaining its strong value proposition against an environment of ...
Walmart expects its ecommerce business in the U.S. to become profitable for the first time this year, the company said at its annual Investment Community Meeting on Wednesday. “This is a milestone ...
Walmart services suffered outages early Dec. 30, leaving customers unable to use mobile ordering, with more than 6,000 reports around 7 a.m. New York time. Downdetector data showed about 70% of ...
The Canadian ecommerce market is poised for growth driven by omnichannel retail integration, expanding domestic marketplaces, and real-time payment adoption. Opportunities lie in enhancing local ...