Michelle Gloeckler, SVP of Home at Walmart and head of the retailer’s domestic manufacturing initiative is scheduled to give an update on the program, its progress and inner workings in Bentonville next month.
Walmart said its worldwide capital expenditure budget for the 2014 will range between $11.8 billion and $12.8 billion, roughly $200 million less than the company expects to spend during the current year, even as it adds more selling space.
Casual footwear manufacturer Crocs has appointed former Walmart executive Greg Sullivan as the company’s general manager for the Americas region. The region encompasses North, Central and South America.
On shelf availability at Walmart and the retailer’s newest technology tool will be the topic of discussion next week when Doing Business in Bentonville hosts an event on October 16 featuring a panel of speakers that includes Walmart’s director of supplier innovations Mike Graen.
With the implementation of Obamacare mired in controversy, two of the nation’s largest retailers are backing an innovative Employers Centers of Excellence Network that will offer no-cost knee and hip-replacement surgeries at four highly regarded hospitals.