Walmart released its Q1 for FY2023 earnings on Tuesday. The total revenue for Walmart’s Q1 FY23 was $141.6 billion, up 2.4 billion, or 2.6 billion in constant currency. The company reported that growth was negatively affected by $5.0 billion due…
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PayPal Executive Named New Chief Financial Officer for Walmart
by AMP Staffby AMP StaffFormer PayPal executive John Rainey has been named Walmart’s next Executive Vice President and Chief Financial Officer, the company announced on Tuesday. Rainey will assume the responsibilities of CFO at Walmart effective June 6, 2022. “John has a proven track…
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Coming Through: Walmart Offers Fitness, Childcare Amenities at New HQ; $100k for Fleet Drivers
by AMP Staffby AMP StaffWalmart is fortifying its supply chain by offering to pay its private fleet drivers up to $110,000 annually, with veteran drivers being eligible to earn even more based on factors like tenure and location, the global retail chain announced on…
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Stacker Report Names Richest Billionaires in Arkansas
by AMP Staffby AMP StaffUsing data from Forbes, writers at online news aggregator Stacker recently compiled a list of the richest billionaires in the state of Arkansas. According to the report, as the COVID-19 pandemic continued to rage last year, 660 people became billionaires…
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Walmart Announces 2022 Annual Shareholders’ Meeting Dates
by AMP Staffby AMP StaffWalmart’s Annual Shareholders’ Meeting will take place this summer on Wednesday, June 1, beginning at 10:30 am CDT. This year’s meeting will be a virtual-only format. While shareholders will be able to attend the meeting online through a live audio…
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Little Rock News Anchor Moves to Walmart Headquarters in NWA
by AMP Staffby AMP StaffA popular Little Rock media personality is transitioning from broadcast journalism to the corporate world. THV11 news anchor Amanda Jaeger announced Thursday in a social media post that she has accepted a senior management position at Walmart’s corporate headquarters in…
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Walmart Tops Retail Federation’s ‘Top 50 Global Retailers’ List for 2022
by AMP Staffby AMP StaffThe National Retail Federation released its annual list of the ‘Top 50 Global Retailers’ on Wednesday. The list, developed with help from London-based data analytics company Kantar, is a compilation of the 50 most impactful international retailers based on their…
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Walmart AMP to Host Job Fair This Weekend in Rogers
by AMP Staffby AMP StaffOfficials with the Walmart AMP venue in Rogers are looking to fill 250-300 seasonal positions throughout the year, according to a story released in the Fayetteville Flyer this week. A job fair is scheduled from 12-4 p.m. on Saturday, March…
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Walmart Releases Q4 and FY22 Earnings Report, Plans for FY23
by AMP Staffby AMP StaffWalmart released its Q4 and FY22 earnings on Thursday. The total revenue for Walmart’s Q4 FY22 was $152.9 billion, up 0.5%. Comp sales grew 5.6% in Q4 with market share gains in grocery. eCommerce sales grew 1% in the U.S., 70% on…
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Walton Investment Firm Brings Eddyline Kayaks to Northwest Arkansas
by AMP Staffby AMP StaffWashington state-based Eddyline Kayaks is increasing its production capacity and distribution network thanks to an equity boost from Bentonville firm RZC Investments. Terms of the deal were not disclosed. RZC Investments is the direct investment firm of Runway Group, founded by…