Wal-Mart to expand China store network by nearly a third after growth stalls
"Our aim is to become an integral part of China`s economy," Chief Executive Doug McMillon said at a news conference in Beijing on Wednesday. "China is a top priority."
Apr 29, 2015, 12:12 PM IST
Target to cut thousands of jobs, eyes $2 bn in cost cuts
The cost-cutting forms a key plank of a revival plan outlined by Chief Executive Officer Brian Cornell, who is seeking to narrow the retailer`s focus to a handful of key product lines and bolstering its online business to rejuvenate sales.
Mar 04, 2015, 08:19 AM IST
Walmart to open new store in India after 2-year gap
After a gap of two years, US retail major Walmart will open a new cash and carry store in Agra as it returns focus on India.
Dec 22, 2014, 16:00 PM IST
US retailer hires ex-Reliance Retail executive as CFO
Pruthi is joining as Senior Vice President and Chief Financial Officer, effective December 1, 2014, the company said, while adding that he would report to Michael Scarpa, Chief Operating Officer.
Nov 23, 2014, 13:15 PM IST
