Doug McMillon

Walmart, Inc. (NYSE:WMT) the world's largest retailer, faces challenges in maintaining its signature low prices after President Donald Trump's administration imposed steep tariffs on Chinese imports. Walmart employees and shoppers now report price hikes hitting the shelves and their wallets. What...

Walmart Inc. (NYSE:WMT) has announced plans to cut approximately 1,500 corporate jobs as part of a broader strategy to reduce costs and improve decision-making efficiency. What Happened: Walmart, the largest private employer in the U.S., will eliminate the positions as part of its...

Entrepreneur and investor Mark Cuban doesn't often hold back when sharing his opinion with investors or other entrepreneurs on social media or while he's on "Shark Tank." A recent social media post saw Cuban share his latest take on tariffs. What Happened: Tariffs have become a major point of...

Multinational retailer Walmart Inc.‘s (NYSE:WMT) e-commerce businesses turned profitable for the first time in the U.S. and globally during the first quarter of the ongoing fiscal year despite looming tariff uncertainties. What Happened: CEO Doug McMillon expressed optimism over the company...

To gain full access to India’s $125 billion ecommerce market, the Trump administration is reportedly pushing for the inclusion of online retailers like Amazon and Walmart in the ongoing trade deal negotiations. What Happened: The U.S. is advocating for a fair e-commerce environment in India...

President Donald Trump was named the Time Person of the Year in 2024 and is one of the 100 people named to the 2025 Time Most Influential People list. Aside from Trump and political leaders like J.D. Vance, Robert F. Kennedy Jr. and Javier Milei, the list also includes several CEOs of publicly...

Walmart Inc. (NYSE:WMT) has witnessed a massive $22 billion loss in market capitalization following declining consumer confidence data. What Happened: Walmart’s stock price fell by 3.1% at market close on Tuesday, leading to a sharp decline in its market value to nearly $680 billion. The...

A leading retailer executive is sending warning signs on consumer spending in the wake of higher egg prices, tariffs and higher inflation. What Happened: Weeks after Walmart Inc (NYSE:WMT) reported fourth-quarter financial results, the company's CEO is sending warnings about macroeconomic concerns...

Walmart Inc. (NYSE:WMT) reported a strong quarter amid a weaker 2026 forecast during its fourth-quarter earnings call. The company highlighted a surge in its artificial intelligence use cases to manage its inventory, supply chain, deliveries, and developer efficiency. What Happened: The retail...

Walmart Inc (NYSE:WMT) could serve as a bellwether for the health of U.S. consumers when the company reports third-quarter financial results on Tuesday, Nov. 19 before the market opens. Earnings Estimates: Analysts expect Walmart to report third-quarter revenue of $167.72 billion, up from $160.8...

Walmart Inc CEO Doug McMillon was paid 976 times more than the median associate in the world's largest retail company over the last fiscal year. Walmart Inc (NYSE:WMT) CEO Doug McMillon was paid 976 times a median associate in the world’s largest retail company over the last fiscal...

In a recent interview with Jim Cramer, Walmart Inc (NYSE:WMT) CEO Doug McMillon expressed his confidence in the company’s advertising sector. This comes after the retail giant’s strong performance in the digital and e-commerce space. What Happened: McMillon, in a conversation with...

Walmart Inc. (NYSE: WMT) announced on Tuesday evening that it will conduct a 3-for-1 stock split. Here's what's happening. What To Know: The company stated that the split, which was approved by its board, is part of its goal to make purchasing shares attainable, including for its 400,000...

Retail earnings season is ramping up. Target Corp (NYSE: TGT) and TJX Companies Inc (NYSE: TJX) are set to report before the market opens Wednesday, and Walmart Inc (NYSE: WMT) will turn in its quarterly results the following day.  What To Know: Home Depot Inc (NYSE: HD)...

Walmart Inc.'s CEO Carl "Doug" McMillon's journey in the company is nothing short of remarkable. He started unloading trucks at Walmart distribution center as a teenager to eventually become the youngest CEO since founder Sam Walton.  His dedication to the company...