Walmart CEO Doug McMillon said the nation's top CEOs want to "keep a spotlight on racial equity and keep the work moving forward," even as Americans live through the coronavirus pandemic and follow the presidential election.
The big-box retailer's leader said lawmakers need to help Americans and small businesses who are struggling during the recession.
Advocates and low-wage workers see a new opportunity to end 11-year wait for a higher federal minimum wage.
Here are plans from the CEOs of Walmart, Bank of America and others to try to solve racial inequality in the wake of the death of George Floyd.
McMillon, who leads the Business Roundtable, announced the group of CEOs will form a special committee to advance racial equality and justice solutions.
Walmart's Doug McMillon, who says he grew up around guns and still owns them, believes he can see "all sides of this issue," though it's ultimately about safety.
Optimism from the two of the nation's biggest retailers show that American consumers are not tightening their belts due to trade tariffs, says CNBC's Jim Cramer.
U.S. stock futures were under some mild pressure Thursday morning, with dueling concern about U.S.-China trade and optimism around Walmart.
Walmart CEO Doug McMillon will chair the Business Roundtable, replacing Jamie Dimon, chief of JPMorgan Chase, and will serve a two-year term starting January 1, the group said on Thursday.
At Rockets of Awesome, Turner will be a senior vice president responsible for digital and marketing. He'll report to founder Rachel Blumenthal, who's been building the business beyond the clothing subscription platform that it started as.
Starting this fall, nearly 1 million people across three cities — Kansas City, Missouri, Pittsburgh and Vero Beach, Florida — will have access to Walmart's new in-home delivery option, the retailer announced Friday at its annual shareholders meeting.
Walmart CEO Doug McMillon says the federal minimum wage in the U.S. of $7.25 per hour is "too low."
Walmart is one step closer to moving into a new home office for more than 14,000 people, which will be outfitted with fitness centers for employees and their families, a child-care facility and more diverse dining options like food trucks.
You might know Walmart as a place to pick up a few necessities. But the world's biggest retailer is doing a lot more than selling groceries.
As bankrupt Sears inches toward liquidation, Amazon on Monday became the most valuable public company in the world, surpassing Microsoft.
Walmart CEO Doug McMillon says the retailer maintains a "healthy paranoia" to stay ahead of rivals.
More shoppers flocked to Walmart stores and spent more per trip, the company says.
Walmart's online grocery delivery partnerships with ride-hailing services Uber and Lyft have ended, according to two sources.
Brand feared the possibility of overseeing the special counsel's investigation of Russian election meddling, NBC News reports.
Amazon's takeover of Whole Foods has pushed companies like Kroger and Walmart to accelerate innovations around grocery shopping.
