Tag Archives: Bill Simon

Walmart to Host Second U.S. Manufacturing Summit

Walmart

BENTONVILLE, Ark.-Walmart will hold a second summit on U.S. manufacturing on Aug. 14-15 in Denver. In January 2013, the retailer said its goal is to purchase $50 billion more of U.S.-made products over the next decade. The retailer held its first U.S. manufacturing summit in August of last year in Orlando, Fla., hosting almost 1,500More »

Foran to Succeed Simon as Walmart U.S. Chief

Greg Foran

BENTONVILLE, Ark.-Greg Foran has been promoted to president and CEO of Walmart U.S. Foran will succeed Bill Simon, who had been in this role since June 2010. Foran, who had been named president and CEO of Walmart Asia earlier this year, will report to Doug McMillon, the parent company’s president and CEO. He starts inMore »

Walmart Holding “Made in the USA” Event

Walmart

BENTONVILLE, Ark.-Walmart is holding its first-ever open call for “Made in the USA” products here today. The retailer is opening its doors to more than 500 manufacturers, who will meet with senior Walmart executives and merchants to pitch their products for the stores, Sam’s Club warehouse clubs and online. Among the product categories which willMore »

Weather Knocks Walmart Q1

Walmart

BENTONVILLE, Ark.-The severe winter weather of early this year proved to be a major factor in the 5 percent drop in Walmart’s net income for the first-quarter ending April 30, which totaled $3.6 billion. In a conference call from Walmart’s management discussing the results this morning, Doug McMillon, Walmart’s president and CEO, said the “disruptive”More »

Walmart Tabs McKenna to Lead U.S. Small-Format Sector

Judith McKenna

BENTONVILLE, Ark.-Judith McKenna, currently executive vice president of strategy and international development for Walmart International, will become chief development officer of Walmart U.S. on June 1. When McKenna assumes her new role, she will  lead the strategy, development and growth of the retailer’s small-format business, according to an internal Walmart memo obtained by HFN. ThisMore »

Simon, Ullman Named to NRF Board

Bill Simon

NEW YORK-Bill Simon, president and CEO of Walmart U.S., and J.C. Penney CEO Myron Ullman III have been elected to the board of directors of the National Retail Federation. Along with Simon and Ullman, NRF elected to its board Steve Knopik, CEO of Beall’s; Lori Mitchell-Keller, senior vice president and head of the global retailMore »

Hornick: Southern Style

Louis “Tripp” Hornick III

The window-treatment vendor re-establishes a U.S. manufacturing presence with its new South Carolina facility By David Gill Within five years of its first century in business, always as a New York-based company, Louis Hornick & Co. is establishing new roots in South Carolina with its new manufacturing facility in Allendale County. This move stems fromMore »

Walmart Q3 Net Up 2.8 Percent; U.S. Comps Down 0.3 Percent

Walmart

BENTONVILLE, Ark.-Although its U.S. same-store sales slipped 0.3 percent, Walmart posted a 2.8 percent gain in third-quarter net income, to $3.7 billion. The retail giant’s net sales rose 1.6 percent to $114.9 billion in the quarter, which ended on Oct. 31. Its U.S. sales as a whole were up 2.4 percent, with gains in marketMore »