Content about Mike Duke

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.

April 15, 2013

Walmart is eyeing greater energy efficiency and less reliance on fossil fuels as key drivers of its low cost, low price business model.

March 13, 2013

Walmart President and CEO Mike Duke introduced First Lady Michelle Obama at the Business Roundtable Wednesday with the following remarks:

February 22, 2013

Expenses related to Walmart’s ongoing Foreign Corrupt Practices Act and related compliance matters will reach $200 million by the end of the first quarter, according to disclosures made Thursday in conjunction with the release of fourth quarter financial results.

February 21, 2013

Walmart overcame a meager 1% same stores sales increase at U.S. stores to deliver better than expected fourth quarter profits on Thursday.

December 21, 2012

Wal-Mart Stores, Inc., president and CEO Mike Duke claims to love working for a company where success and size have resulted in high expectations, but that love affair may be ending in 2013.

December 21, 2012

Wal-Mart Stores, Inc., president and CEO Mike Duke claims to love working for a company where success and size have resulted in high expectations, but that love affair may be ending in 2013.

December 18, 2012

Walmart’s ongoing investigation into bribery allegations was thrust into the spotlight again on Monday after the New York Times ran a lengthy piece detailing how an elaborate series of payments accelerated construction of a controversial store in Mexico City.

December 14, 2012

Wal-Mart Stores, Inc., president and CEO Mike Duke appeared earlier this week at a meeting of the Council on Foreign Relations where he shed light on a range of topics that weren’t fully captured by headlines and soundbites from the event.

December 14, 2012

Wal-Mart Stores, Inc., president and CEO Mike Duke appeared earlier this week at a meeting of the Council on Foreign Relations where he shed light on a range of topics that weren’t fully captured by headlines and soundbites from the event.

November 16, 2012

For a split second after the presidential election the victor and the vanquished struck a conciliatory tone on finding the balance between raising taxes and cutting spending. Wal-Mart Stores, Inc. president and CEO Mike Duke wants the issue resolved as soon as possible.

November 16, 2012

For a split second after the presidential election the victor and the vanquished struck a conciliatory tone on finding the balance between raising taxes and cutting spending. Wal-Mart Stores, Inc. president and CEO Mike Duke wants the issue resolved as soon as possible.

November 15, 2012

Walmart maintained an optimistic outlook for the holiday season despite 1.5% third quarter comp increase that reflected a modest deceleration in sales momentum seen earlier this year.

October 25, 2012

Speaking at an event in Beijing, Walmart president and CEO, Mike Duke, outlined Walmart's plans to create a more sustainable global supply chain.

October 11, 2012

The pace at which Walmart adds new selling space globally will remain unchanged next year, but improved productivity, more U.S. stores and expanding multichannel capabilities are expected to produce sales and profit growth.

September 14, 2012

All Walmart and Sam’s Club merchants can expect to have a portion of their compensation tied to the achievement of live better sustainability goals in 2013 as part of what president and CEO Mike Duke called an unwavering commitment to sustainability.

September 14, 2012

All Walmart and Sam’s Club merchants can expect to have a portion of their compensation tied to the achievement of live better sustainability goals in 2013 as part of what president and CEO Mike Duke called an unwavering commitment to sustainability.

July 12, 2012

Walmart president and CEO Mike Duke is the newest inductee into the Network of Executive Women’s CPG/Retail Diversity Hall of Fame. For a recap and photos of the event, click here.

June 4, 2012

See what Walmart president and CEO Mike Duke had to say about the company’s growth prospects. For a transcript of his comments, click here.

 

May 17, 2012

First quarter profits at Walmart exceeded analysts’ estimates as same-store sales increased 2.6% and the company said it strategy of low prices on a broad merchandise assortment is resonating again with shoppers.

May 3, 2012

It’s looking like Walmart’s upcoming annual meeting is going to be a bittersweet affair as the company observes its 50th anniversary against the backdrop of an unfolding Mexican bribery scandal and an appeal from a major shareholder this week urging a no vote on five board members.

May 3, 2012

After the pounding Walmart and its president and CEO Mike Duke have taken in recent weeks in the media over the alleged Mexican bribery and cover up scandal detailed by the New York Times, the company and its leader received some good news this week from the Network of Executive Women.

April 23, 2012

Wal-Mart Stores confirmed that it is investigating its operations in Mexico for possible violations of the U.S. law that prohibits bribery overseas.

March 8, 2012

Walmart president and CEO Mike Duke frequently asserts no other global retailer is better positioned than Walmart, and it is easy to see why he holds that view especially when compared with the situation at the world’s second largest retailer.

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