Latest Doug McMillon News

FILE - This June 25, 2019, file photo shows the entrance to a Walmart in Pittsburgh. Walmart is reporting  disappointing fourth-quarter profits and sales. The nation's largest retailer says that sales at its U.S. stores heading into the holiday season were weaker than expected. It also said that social unrest in Chile hurt its business. (AP Photo/Gene J. Puskar, File)

A rare miss for Walmart to end the year

Feb. 18, 2020 2:58 PM EST

NEW YORK (AP) — Walmart reported disappointing fourth-quarter profits and sales after a sluggish and shortened holiday shopping season. Violent social protests in Chile, where there are hundreds of Walmart stores, cut into international sales. Walmart also delivered a weak profit forecast for the year and...

FILE - In this Aug. 7, 2018, file photo, Kansas City Royals owner David Glass reacts as he watches batting practice before the team's baseball game against the Chicago Cubs at Kauffman Stadium in Kansas City, Mo. Former Walmart Inc. chief executive Glass, who owned the Royals for nearly two decades before selling the franchise last fall, died last week of complications form pneumonia. He was 84. (AP Photo/Colin E. Braley, File)

Former Walmart exec, Royals owner David Glass dies at 84

Jan. 17, 2020 10:43 PM EST

KANSAS CITY, Mo. (AP) — Former Walmart Inc. chief executive David Glass, who owned the Kansas City Royals for nearly two decades before selling the franchise last fall, died last week of complications from pneumonia. He was 84. The Glass family said the businessman died Jan. 9. He had been dealing with...