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News & Press: Sales

Walmart CEO Doug McMillon: To Drive Same-Store Sales, We Had To Build Up E-Commerce

Thursday, January 18, 2018   (0 Comments)
Posted by: Alyce Ryan
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Walmart CEO Doug McMillon took the main stage at the annual 2018 NRF Big Show to bat away notions of a “retail apocalypse” by attesting that global investments and e-commerce expansion have promoted local, brick-and-mortar business.

In an interview with NRF President and CEO Matthew Shays, McMillon corrected his interlocutor by pointing out the retail leader is on its 15th month of same-store sales growth at its 4,600 U.S. locations instead of 12.

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