Content about Bill Simon

March 21, 2014

Good things happen in small boxes. That's what Walmart is counting on with the introduction of its latest store concept — Walmart To Go. First the supercenter, then Neighborhood Market, then WalmartExpress and now Walmart to Go. The boxes just keep getting smaller.

But what if Walmart is on to something? What if tomorrow's definition of convenience is ubiquity? Then it makes a lot of sense to start filling in the gaps between the supercenters with smaller formats.

Good things happen in small boxes. That's what Walmart is counting on with the introduction of its latest store concept — Walmart to Go. First the supercenter, then Neighborhood Market, then WalmartExpress and now Walmart To Go. The boxes just keep getting smaller. (Check out photos of the new format.

February 20, 2014

Fresh and pharmacy is the key to smaller-box retailing, Walmart reported Thursday as it announced plans to increase its capital investment in smaller formats from 120 to 150 new stores for the fiscal year to between 270 and 300.

BENTONVILLE, Ark. — Fresh and pharmacy is the key to smaller-box retailing, Walmart reported Thursday as it announced plans to increase its capital investment in smaller formats from 120 to 150 new stores for the fiscal year to between 270 and 300.  

November 25, 2013

Walmart International president and CEO Doug McMillon was given the nod over Walmart U.S. president and CEO Bill Simon to succeed Mike Duke as president of Wal-Mart Stores, Inc., the company announced Monday morning.

Walmart International president and CEO Doug McMillon was given the nod over Walmart U.S. president and CEO Bill Simon to succeed Mike Duke as president of Wal-Mart Stores, Inc., the company announced Monday morning. 

October 31, 2013

Walmart U.S. president and CEO Bill Simon and Secretary of Commerce Penny Pritzker announced at the SelectUSA 2013 Investment Summit on Thursday that three suppliers have made new domestic manufacturing commitments that will create 385 jobs.

WASHINGTON – Walmart U.S. president and CEO Bill Simon and Secretary of Commerce Penny Pritzker announced at the SelectUSA 2013 Investment Summit on Thursday that three suppliers have made new domestic manufacturing commitments that will create 385 jobs. The move is part of the retailer’s previously announced pledge to buy an additional $50 billion in U.S.-made products over the next decade.

Walmart said that Elan-Polo, Louis Hornick & Company and EveryWare Global will produce footwear, curtains and glassware, respectively.

October 16, 2013

Walmart will be opening more small stores next year and beyond as the company pursues a vision of omnichannel retailing that it contends no other company is capable of executing.

BENTONVILLE, Ark. — Walmart will be opening more small stores next year and beyond as the company pursues a vision of omnichannel retailing that it contends no other company is capable of executing.

August 23, 2013

Walmart displayed a powerful commitment to revitalizing U.S. manufacturing in front of roughly 1,500 supplier company representatives, government and economic development officials, dozens of senior merchants and the company's top executives as they convened Thursday for its first-ever domestic sourcing summit at the Orange County Convention Center in Orlando, Fla.

ORLANDO, Fla. — Walmart displayed a powerful commitment to revitalizing U.S. manufacturing in front of roughly 1,500 supplier company representatives, government and economic development officials, dozens of senior merchants and the company's top executives as they convened Thursday for its first-ever domestic sourcing summit at the Orange County Convention Center in Orlando, Fla.

August 16, 2013

During the company's second-quarter conference call, Walmart discussed efforts to expand its e-commerce platform as it recently launched a locker test for site-to-store in the Washington, D.C., area.

BENTONVILLE, Ark. — During Thursday's second-quarter conference call, Walmart discussed the company's efforts to expand its e-commerce platform as it recently launched a locker test for site-to-store in Washington, D.C., area.

“While this test is still in the early stages, the initial read on customer satisfaction and acceptance is very encouraging, with 90% of the customers who have used the service providing positive feedback,” said Bill Simon, CEO of Walmart U.S.

May 28, 2013

Walmart has announced the launch of the Veterans Welcome Home Commitment to offer a job to any honorably discharged veteran within his or her first 12 months off active duty, and projects to hire more than 100,000 veterans over the next five years.

BENTONVILLE, Ark. — Walmart has announced the launch of the Veterans Welcome Home Commitment to offer a job to any honorably discharged veteran within his or her first 12 months off active duty, and projects to hire more than 100,000 veterans over the next five years.

"Hiring a veteran can be one of the best business decisions you make," stated Bill Simon, Walmart U.S. president and CEO and U.S. Navy Veteran. "We believe Walmart is already the largest private employer of veterans in the country, and we want to hire more."

May 16, 2013

Walmart Stores reported profit and sales lower than Wall Street expectations as the retail giant struggled against the payroll tax increase, delayed tax returns and an unseasonably cold spring impacting its U.S. sales.

Bentonville, Ark. — Walmart Stores on Thursday reported profit and sales lower than Wall Street expectations as the retail giant struggled against the payroll tax increase, delayed tax returns and an unseasonably cold spring impacting its U.S. sales. The retailer also scaled back its earnings expectations for the current three-month period.

Walmart’s net income rose 1.1% to $3.8 billion. Revenue edged up 1%, to $113.4 billion.

February 21, 2013

Walmart saw a slight 1% increase in same-store sales at U.S. stores, but beat analyst estimates and delivered better-than-expected fourth-quarter profits, the company announced.

BENTONVILLE, Ark. — Walmart saw a diminutive 1% increase in same-store sales at U.S. stores, but beat analyst estimates and delivered better-than-expected fourth-quarter profits, the company announced Thursday.

Walmart said total sales increased 3.9% to $127.1 billion compared to $122.3 billion last year. Without the benefit of a favorable currency exchange situation, sales would have increased a lesser 3.7% to $126.8 billion. Full year sales increased by 5% to $466.1 billion compared to last year’s total of $443.8.

January 22, 2013

More than 80% of Americans are willing to pay more for Made in the USA products, according to a USA Today report published online late Monday night.

TYSONS CORNER, Va. — More than 80% of Americans are willing to pay more for Made in the USA products, according to a USA Today report published online late Monday night. 

Out of those shoppers actively seeking to buy all things American, 93% reported that they wanted to keep jobs in the U.S. as their primary reason for doing so, the report noted, citing a survey released in November by Boston Consulting Group.

November 15, 2012

Walmart’s pharmacy footprint is poised for its most meaningful expansion in decades, thanks to shifting capital expenditure priorities that have begun to favor more aggressive expansion of smaller stores.


Walmart’s pharmacy footprint is poised for its most meaningful expansion in decades, thanks to shifting capital expenditure priorities that have begun to favor more aggressive expansion of smaller stores.


October 10, 2012

Walmart plans a modest acceleration of its small-format stores in the coming years as investors were assured Wednesday that financial returns are now comparable with the company’s large supercenters.

BENTONVILLE, Ark. — Walmart plans a modest acceleration of its small-format stores in the coming years as investors were assured Wednesday morning that financial returns are now comparable with the company’s large supercenters.

January 20, 2012

In an unexpected turn of events, Brian Cornell is stepping down as Sam’s Club president and CEO and will be replaced by Rosalind Brewer, who currently serves as president of the Walmart U.S. East business unit.

BENTONVILLE, Ark. — In an unexpected turn of events, Brian Cornell is stepping down as Sam’s Club president and CEO and will be replaced by Rosalind Brewer, who currently serves as president of the Walmart U.S. East business unit. The company announced a number of other senior personnel changes as well in advance of the new fiscal year.

In a statement, Walmart said Cornell, 52, recently informed the company that he and his wife would like to move back to the Northeast for family reasons. His departure comes as Sam’s has experienced strong sales growth.

October 13, 2011

Two years of declining same-store sales at Walmart are poised to end next month when the retailer reports third-quarter results that reflect positive momentum from a wide range of initiatives put in place during the past 12 months, judging from comments made by senior executives during an all-day meeting with analysts on Wednesday.

BENTONVILLE, Ark. — Two years of declining same-store sales at Walmart are poised to end next month when the retailer reports third-quarter results that reflect positive momentum from a wide range of initiatives put in place during the past 12 months, judging from comments made by senior executives during an all-day meeting with analysts on Wednesday.

August 16, 2011

Despite the absence of top line growth at Walmart’s U.S. stores division, second-quarter earnings grew 12.4% to $1.09 and came in a penny ahead of analysts’ estimates, which was enough for the company to narrow and increase the range of its full-year profit forecast.

BENTONVILLE, Ark. — Despite the absence of top line growth at Walmart’s U.S. stores division, second-quarter earnings grew 12.4% to $1.09 and came in a penny ahead of analysts’ estimates, which was enough for the company to narrow and increase the range of its full-year profit forecast.

July 18, 2011

Karen Roberts was named EVP and president of Walmart Realty on Friday, filling a position vacated by the company’s long-time real estate executive Eric Zorn, who retired after a 20-year career.

BENTONVILLE, Ark. — Karen Roberts was named EVP and president of Walmart Realty on Friday, filling a position vacated by the company’s long-time real estate executive Eric Zorn, who retired after a 20-year career.

June 20, 2011

The new small-format Walmart Express stores that opened earlier this month are an interesting concept with intriguing growth potential. But for the time being, and possibly for much longer, competitors need not concern themselves with the small stores.



BENTONVILLE, Ark. — The new small-format Walmart Express stores that opened earlier this month are an interesting concept with intriguing growth potential. But for the time being, and possibly for much longer, competitors need not concern themselves with the small stores.


At least that’s what Walmart wants the marketplace to believe following the opening of the first few of the 15,000-sq.-ft. stores earlier this month in northwest Arkansas.


June 17, 2011

Walmart is moving forward with what could be characterized as a rollout of its Neighborhood Market format nearly 13 years after the first unit opened in fall 1998. Just don’t call it a Neighborhood Market.

BENTONVILLE, Ark. — Walmart is moving forward with what could be characterized as a rollout of its Neighborhood Market format nearly 13 years after the first unit opened in fall 1998. Just don’t call it a Neighborhood Market.

June 17, 2011

Walmart has rebranded the small-format food-and-drug combo store Neighborhood Market as Walmart Market.

WHAT IT MEANS AND WHY IT'S IMPORTANT — Walmart has rebranded the small-format food-and-drug combo store Neighborhood Market as Walmart Market.

(THE NEWS: Coming soon: More Walmart Market stores. For the full story, click here.)

April 25, 2011

Action Alley — branded feature displays and four-sided fixtures in the main aisles — marked its return to all Walmart stores this past holiday season, and signified Walmart’s return to promotional intensity.


January 28, 2011

In a swift move by Walmart, Duncan Mac Naughton has been appointed the retailer's chief merchandising officer for its U.S. division, less than three months after being named the company's merchandising EVP.

BENTONVILLE, Ark. — In a swift move by Walmart, Duncan Mac Naughton has been appointed the retailer's chief merchandising officer for its U.S. division, less than three months after being named the company's merchandising EVP.

Mac Naughton, who joined Walmart in October, was part of the big-box retailer's restructuring of the merchandising department, which involved divvying the responsibilities among four EVPs, directly reporting to Walmart U.S. president and CEO Bill Simon. Mac Naughton oversaw the consumables, health-and-wellness and Walmart.com businesses.

December 7, 2010

BENTONVILLE, Ark. — As Walmart’s U.S. stores division looks to execute a broad slate of initiatives in the coming year to recharge domestic growth, it does so under the leadership of a new chief executive and a restructured merchandising organization.


September 6, 2010

A series of merchandising and marketing moves announced at Walmart created several new positions and...

June 29, 2010

BENTONVILLE, Ark. (June 29, 2010) — Bill Simon was given one of the biggest jobs in retail on June 29 when he was named president and CEO of Walmart U.S., assuming vice chairman Eduardo Castro-Wright’s responsibilities for the $258 billion division.