Walmart (WMT) is betting big it can win over affluent shoppers, outpace Amazon (AMZN), and gain favor with President Donald ...

Walmart also reported lower quarterly revenue than Amazon for the first time ever.

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Doug McMillon got his start as an hourly worker. He worked a summer job at Walmart unloading trucks when he was a teenager in 1984. 30 years later, McMillon took over Walmart as its CEO.

Walmart CEO Doug McMillon is at the inauguration Monday, and Pfizer CEO Albert Bourla is also expected to attend. Both executives, among many others, met with Trump in recent weeks. On Monday ...

Why? In an exclusive interview with Yahoo Finance Executive Editor Brian Sozzi, Walmart CEO Doug McMillon explains how pre-pandemic investments are starting to pay off. "We invested in wages for ...

"We have the opportunity to reimagine retail again," Walmart CEO Doug McMillon said in a keynote speech at Walmart's annual shareholders meeting on Friday. Walmart may have fallen behind in the e ...

“We’re finding tangible ways to leverage generative AI to improve the customer, member and associate experience,” CEO Doug McMillon said. Generative AI has found a home at the center of ...

When Wal-Mart announced that Doug McMillon would become the retailer's fifth ever CEO starting in February, only the timing was a surprise. McMillon, 47, has steadily risen up the company's ranks ...

According to a recent study by global business advising firm Brunswick Group, the most connected CEO in the S&P 500 and FTSE 350 is Doug McMillon, president and CEO of Walmart. The study ...

Wal-Mart’s move is part of chief executive Doug McMillon’s efforts to reduce costs at the retailer while it boosts investment in other areas, including higher wages for store workers.