McMillon takes Wal-Mart reins Archives - Just Food
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McMillon takes Wal-Mart reins

On the move: the challenge of revitalising Wal-Mart

On the move: the challenge of revitalising Wal-Mart

Doug McMillon may have followed Mike Duke's path at Wal-Mart with the move from head of international to the CEO's office and, in some ways, he has some foundations on which to build the next stage of the retailer's growth. But he faces some significant challenges ahead.

In the spotlight: Wal-Mart brings investment focus home

In the spotlight: Wal-Mart brings investment focus home

Wal-Mart Stores outlined its strategy for the coming fiscal year at its annual investment community meeting yesterday (16 October). The world's largest retailer raised its capital expenditure forecast in the US while scaling back its international investment plans. Significantly, the company said it would close under performing stores in Brazil and China and reduce store openings in Mexico and India - possibly reflecting concerns over the growth outlook in emerging markets. Katy Askew reports.