Saturday May 18, 2024 | Last Update: May 18, 2024 EDT
Wal-Mart Stores, Inc. has applied to the Federal Aviation Administration (FAA) for permission to test drones for home delivery.
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Douglas McMillon, the CEO of Wal-Mart Stores, Inc., defended his investments in labor, the store, and the web in a blog post on Wal-Mart’s website. The defense of his investment follows the market’s reaction after the company forecasted lackluster sales growth for this year and dip in profits for next year.
Wal-Mart Stores, Inc. has appointed Brett Biggs, the executive vice president and CFO of Walmart International, to be the successor of Charles Holloway, the company’s CFO, according to a press release issued by Wal-Mart. The appointment of Biggs will be effective on Dec. 31, 2015, the date Holloway will be retiring as Wal-Mart’s CFO.
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