The longtime CEO has passed the baton to John Furner, but McMillon’s technology and e-commerce legacy is lasting.

Walmart is laying off around 1,500 corporate employees across various departments within its home office in Bentonville, Arkansas, multiple reports say. In a memo shared with associates on May 21, Walmart executives said the company is "reshaping" some of ...

Big-box retailer has made massive stock gains by thinking more like a tech company Walmart's journey to a $1 trillion market cap came after embracing technology and providing its customers with greater relief from inflation. Walmart became a $1 trillion ...

The Walton family owns about 45% of Walmart through Walton Enterprises and personal holdings. Institutional investors like Vanguard and BlackRock are major Walmart shareholders. Walmart's board includes a diverse group of executives from companies like NBC ...

Walmart shareholders will vote on proposals related to the company’s diversity, equity, and inclusion (DEI) efforts and its environmental impact at the company’s annual meeting in June. The proposals are included in the company’s annual proxy ...

Amazon.com Inc. has officially dethroned Walmart Inc. as the biggest global company by revenue, a milestone attesting to the massive scale the e-commerce and cloud-computing giant has achieved since its humble beginnings in 1994 as an online bookseller in Jeff Bezos’ Seattle-area garage.

In a slow-motion race of two retail behemoths, Amazon's trump card was its lucrative cloud-computing business.