Content about Bill Simon

November 25, 2013

Wal-Mart Stores veteran Doug McMillon, 47, will succeed Mike Duke, 63, as president and CEO, effective Feb. 1, 2014, the company announced Monday morning.

Wal-Mart International president and CEO Doug McMillon was given the nod over Walmart U.S. president and CEO Bill Simon to take the top post. McMillon will join the board effective immediately. McMillon’s successor will be named before the end of the fiscal year, according to the company.

August 23, 2013

With a goal of revitalizing U.S. manufacturing, the world’s largest retailer convened a domestic sourcing summit Thursday. 

Not only was the event a first for Bentonville, Ark.-based Walmart, it was also unlike anything the retail industry has ever seen. 

February 22, 2013

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

October 12, 2012

In its annual meeting with analysts on Wednesday, Wal-Mart Stores U.S. president Bill Simon said the retailer would accelerate small-store growth stores and announced plans to have 500 Neighborhood Market stores and 12 Express stores by fiscal 2016. The latter would measure, on average, 10,000 sq. ft. to 15,000 sq. ft.

“This gives us the opportunity to build more stores for less money," Simon said. Walmart currently operates 217 Neighborhood Markets and 10 Express stores.

January 31, 2011

It turns out the announcement earlier today by Walmart that Duncan Mac Naughton would serve as head merchant of the company’s U.S. division was but one component of a more extensive shakeup at the company.

January 20, 2011

The Retail Industry Leaders Association (RILA) announced the addition of two new members to its board of directors following the board's semi-annual board of directors meeting Jan. 16 in Sarasota, Fla.

Newly named to the RILA board of directors were Bill Simon, president and CEO of Walmart Stores, and Steven Preston, president and CEO of OakLeaf Waste Management. Simon replaces Eduardo Castro-Wright, Walmart vice chairman and president and CEO of Global eCommerce and Global Sourcing.

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