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The Latest Breaking News from Doug McMillon

Walmart's CEO gets honest about Trump's tariff reality: Prices are still going up despite the China trade war pause

Doug McMillon admitted on Thursday that even reduced China tariffs are too much for the country's largest retailer to absorb.

Fortune

Walmart Warns Of Higher Prices Due To Tariffs

Walmart on Thursday reported another solid quarter behind sales gains in the United States, but warned of higher prices and continued uncertainty over President Donald Trump's tariffs.

International Business Times

A serial entrepreneur, a musician, and Walmart’s CEO walk into an AI factory…

Eko, a startup that pivoted from video tech to product catalog image galleries, is building a new kind of factory.

Fortune

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People feel so bad about the economy because of tariffs and inflation that consumer confidence sank to a 13-year low

President Donald Trump’s tariff policies have largely impacted how consumers feel about the economy.

Fortune

CEO of $65 billion software giant Workday's warning: 'There's nothing more dangerous than yesterday's success'

Other CEOs like Jeff Bezos and Doug McMillon don’t focus on past or future wins—only what will make them successful in the moment.

Fortune

Trump’s handling of tariffs and inflation nosedives his economic approval rating to the rock bottom of his entire presidential career

A survey of 1,000 Americans showed Trump with 43% approval and 55% disapproval.

Fortune

Walmart CEO says 'there will be a Christmas' despite lingering fears of a trade war

The retailer has not canceled any orders yet because of the tariff drama.

Fortune

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Walmart worries Wall Street by yanking its economic expectations report amid tariff uncertainty

CFO argues company will emerge on other side of uncertainty ‘with greater share and a stronger business’

The Independent UK

Walmart CEO Doug McMillon is a rare beacon of confidence amid tariff woes—and sees a chance to grab market share

“Nothing about the current environment impacts our confidence in our business or our strategy,” McMillon said at the company’s investor day.

Fortune

Walmart CEO Doug McMillon says customers are exhibiting 'stressed behaviors'—and it's already tanked the company's valuation by $22 billion

The retailer’s stock dropped on the news that consumer confidence had hit a 12-year low.

Fortune

Walmart has kept prices low during inflation and raised pay for managers. Investors aren't happy

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

Fortune

Walmart stock tumbles on lower 2025 guidance given 'uncertain times' in the economy: 'We don't want to get out over our skis here'

Walmart’s stock has been on a tear over the last year.

Fortune

Five underrecognized standout CEOs of the year

This is one year where it is hard to recognize just five outstanding CEOs, with hundreds of companies enjoying record stock prices amidst record profitability.

Fortune

The pros and cons of job-hopping if you want to be CEO

There are benefits and drawbacks to staying at one company if you’re a CEO aspirant.

Fortune

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Fortune

Walmart CEO shares lessons of drone delivery at Morgan Stanley gathering

The Fortune 500 veteran talked price segmentation at Morgan Stanley's largest retail event of the year.

Fortune

Why the CEOs of Walmart and Delta have taken the long view

Investing aggressively is now paying dividends for two Fortune 500 titans.

Fortune

Walmart's automation boom means lower delivery costs and better careers, says CFO

Some of the retailer's physically demanding jobs are evolving, John David Rainey told Fortune.

Fortune

Walmart exec warns customers Trump's tariffs could mean higher prices

“Our model is everyday low prices,” CFO John David Rainey said. “But there probably will be cases where prices will go up for consumers.”

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Fortune

Walmart has mastered the dupe, sending the wealthy flocking to its stores

The company said about 75% of its gains this quarter came from customers making more than $100,000 per year.

Kiplinger

Why Walmart Stock's a Buy After Its Beat-And-Raise Quarter

Walmart is the best Dow Jones stock Tuesday after the retail giant's solid earnings report and outlook and Wall Street thinks it's just getting started. Here's what they're saying.

International Business Times

Walmart Says AI Will Predict What Shoppers Want To Buy This Holiday

The retail giant said it is using AI and GenAI to assist customers with picking out the right gift

Fortune

JP Morgan's CEO and other top executives on why skills-based hiring is the future of work

A new documentary on Netflix focuses on a skills training program that leads to Fortune 500 internships.

Bored Panda

Influencer Films Herself Shoplifting At Walmart, Gets Caught By AI Tech And Laughing Clerk

"POV: When you usually don't get caught and now you're banned for 2 years from all Walmarts in [your] area." The post Influencer Films Herself Shoplifting At Walmart, Gets Caught By AI Tech And Laughing Clerk first appeared on Bored Panda.

Fortune

Kurt Geiger’s CEO went from cleaning toilets to running a $432 million fashion brand—he says he got promoted by making his boss look brilliant

Neil Clifford would rather step into his bosses’ shoes “than push them over the cliff.”

Fortune

Luxury footwear CEO took over his first store at just 19 and had to sack all the staff who were stealing

Neil Clifford has gone from working at a car dealership and cleaning toilets for extra pocket money to running £330 million-a-year business Kurt Geiger.

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