Kathryn McLay, who has been Walmart International's CEO since 2023, will step down but remain with the company through the end of the first quarter to help with the transition.
Caterpillar is riding the AI momentum as more companies need its construction equipment and power-generation solutions. Microsoft's cloud platform continues to gain market share, and AI should accelerate growth.
BENTONVILLE, Ark.--(BUSINESS WIRE)--Walmart Inc. (Nasdaq: WMT) today announced Kathryn McLay, President and CEO, Walmart International, will depart Walmart. McLay will remain in the role until January 31st but will continue at the company through the first quarter to help ensure a smooth transition. “I'm grateful for the positive impact Kath has had on our people and our company throughout her ...
The retail landscape is officially closer to 2050 than it is 2000. That is redefining the traditional roles of Amazon and Walmart as both seek to compete, win, and push the boundaries of innovation across retail and commerce.
Walmart will be admitted to the Nasdaq-100 this month after moving its listing in December. The company's market-leading position, market share gains, and adoption of technology suggest its growth could continue.
India's top court is set to rule on Thursday if taxes should be levied on U.S. investment firm Tiger Global's $1.6 billion stake sale in Flipkart to Walmart in 2018, in what could be a landmark ruling on international tax-treaty use by firms.
EASTVALE, Calif.--(BUSINESS WIRE)--Today, Walmart's newest Supercenter and first location in Eastvale, located at 14100 Limonite Ave., officially opened at 8 a.m., following a 7:30 a.m. ceremony recognizing the City of Eastvale, its leadership, and the store's new team of associates. “As Eastvale continues to grow, we're proud to grow with it — supporting local families, creating jobs and servi...
Walmart's online business is no longer defined by how far it trails Amazon, but by how quickly it is changing the structure of the retail race. That is the central insight of “Walmart Aims at Closing Amazon Online Sales Gap,” the latest edition of the PYMNTS Intelligence “Share of Wallet: Amazon vs.
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