Content about Bill Simon

July 24, 2014

Walmart named Greg Foran president and CEO of its U.S. stores division to replace Bill Simon, who is leaving the company after an eight-year run.

July 24, 2014

Channeling his inner Sam Walton this week, Walmart CEO Doug McMillon rattled the company with the unexpected appointment of a relatively unknown newcomer to replace Bill Simon as CEO of its largest and most profitable division.

May 16, 2014

Walmart’s first quarter sales were not great, but longer term success could be driven by an interesting range of pilot programs and expanding initiatives the company shared during a recap of its results.

March 13, 2014

Walmart deepened its commitment to domestic sourcing and supply chain efficiency on Thursday when Walmart U.S. president and CEO Bill Simon unveiled a first-of-its-kind RFP process and a new Innovation Fund.

March 6, 2014

Walmart’s tepid sales performance in the fourth quarter is water under the bridge, so when Walmart U.S. CEO Bill Simon spoke this week at an investor conference he quickly focused on the growth potential of smaller stores, which are being expanded at a more rapid pace.

February 20, 2014

One of the bright spots in Walmart’s otherwise dismal fourth quarter was an online business that grew 30% to $10 billion and is forecast to exceed $13 billion this year.

February 20, 2014

Walmart knew fourth quarter results announced Thursday morning were going to be bad and its outlook weak so it gave investors something more substantial to digest by announcing plans to double the number of small format stores it will open this year and an increased omnichannel focus.

January 23, 2014

Walmart U.S. President and CEO Bill Simon joined 280 of the nation's mayors in Washington, D.C., at the U.S. Conference of Mayors Meeting to announce a new fund for innovation in American manufacturing and a new supplier commitment to bring production of bikes and jobs to South Carolina.

January 13, 2014

Walmart CEO Bill Simon was among a group of six senior excutives added to the National Retail Federations board of directors.

November 29, 2013

Even before its final round of deals kicked in at Walmart on Friday morning the retailer announced that sales had exceeded last year’s record-breaking results with 10 million transactions completed between 6 p.m. and 10 p.m. on Thanksgiving.

November 27, 2013

Okay, maybe not president, but if or when Walmart U.S. president and CEO Bill Simon leaves the company after being passed over for the top job, it will be Walmart’s loss and the nation’s benefit if he pursues political office or public service.

November 25, 2013

Walmart International president and CEO Doug McMillon was given the nod over Walmart U.S. president and CEO Bill Simon to succeed Mike Duke as president of Wal-Mart Stores, Inc., the company announced Monday morning.

November 15, 2013

Walmart opened 32 of its small format Neighborhood Market stores during the third quarter and is on track to end the year with nearly 400 units enroute to bigger things in 2014.

November 12, 2013

Holiday shopping continues to encroach on Thanksgiving with Walmart the latest retailer to reveal plans that its promotional activity will begin at 6 p.m. with an expanded range of featured items, price guarantees, deeper inventory levels and detailed crowd control procedures.

November 1, 2013

Walmart U.S. president and CEO Bill Simon and Secretary of Commerce Penny Pritzker announced at the SelectUSA 2013 Investment Summit that three suppliers have made new domestic manufacturing commitments that will create 385 jobs.

October 29, 2013

It’s beginning to look a lot like Christmas at Walmart, as the company prepares to promote more than 160,000 employees — including 25,000 promotions during its fourth quarter — ahead of the competitive holiday shopping season.

October 15, 2013

Walmart will be opening more small stores next year and beyond as the company pursues a vision of omnichannel retailing that it contends no other company is capable of executing.

September 12, 2013

Walmart president and CEO Bill Simon prefaced his comments at the Goldman Sach Global Retailing Conference by saying he wouldn’t have much to say. That proved to not be the case as Simon said a lot about a wide range of subjects.

August 29, 2013

Top executives from Walmart will be sharing insights into the company’s strategies this fall by participating in a wide range of conferences and investor event.

August 23, 2013

In advance of the Walmart-led U.S. Manufacturing Summit held in Orlando, Walmart U.S. president and CEO Bill Simon wrote an op-ed piece for the Huffington Post titled, "Reviving U.S. Manufacturing Key to Rebuilding the Middle Class."

August 23, 2013

Walmart displayed a powerful commitment to revitalizing U.S. manufacturing this week when the company convened its first ever domestic sourcing summit.

June 7, 2013

The world’s largest company held its annual shareholders meeting Friday morning and the most noteworthy development at the event — aside from a $15 billion share repurchase authorization — was a surprise appearance and glowing comments by Hollywood heavyweight Tom Cruise.

May 16, 2013

Same store sales at Walmart's U.S. stores declined 1.4% in the first quarter, but the retailer forecasts comps should rebound during the second quarter.

May 6, 2013

A new ad campaign that seeks to show "the real Walmart" from the perspective of customers, employees and suppliers is sure to ignite renewed debate over the company’s impact.

© 2014 Retailing Today. All Rights Reserved.