Tag Archives: Neil Ashe

Madeira Named to Head Walmart.com

Fernando Madeira

BENTONVILLE, Ark.-Walmart has promoted Fernando Madeira to president and CEO of walmart.com, with responsibility for the site’s U.S. and Latin American operations and for the site’s overall future growth. Madeira, who had been president and CEO of Walmart E-commerce Latin America, will relocate to the site’s office in San Bruno, Calif., and will continue toMore »

Walmart Sets FY 2015 Capital Expenditure Plan

Walmart

BENTONVILLE, Ark.-For the fiscal year ending on Jan. 31, 2015, Walmart’s capital spending will total between $11.8 billion and $12.8 billion, $200 million less than its revised projection for fiscal year 2014, according to a statement from its 20th annual conference for the investment community. Mike Duke, the retailer’s president and CEO, said, “We’re spendingMore »