Walmart is placing a bigger emphasis on online sales, with the company’s executives saying they are cutting more costs to free cash for new eCommerce initiatives and store improvements. The company hopes the new moves will help it remain competitive. According to a report in the...
Citi, in its first investor meeting since the 2008 recession Tuesday (July 25), announced plans to focus on digital services in the future. Speaking during the meeting, Chief Executive Michael Corbat said the global bank is focused on meeting the demand from customers clamoring for digital...
October 16, 2018
Doug McMillon started his presentation for Walmart’s annual investor meeting in Bentonville, Arkansas by saying he wanted to “challenge your thinking about Walmart.” “We are getting to reimagine retail and our business … expect us to test a lot and fail a lot,” he said. It was an attention-getting method of starting the meeting, as […]
July 26, 2017
Citi, in its first investor meeting since the 2008 recession Tuesday (July 25), announced plans to focus on digital services in the future. Speaking during the meeting, Chief Executive Michael Corbat...
