The Walmart Inc. charm offensive continues. Doug McMillon, president and chief executive officer, and his top brass were out in force spreading the Walmart message.
“We’re a people-led tech powered, omnichannel retailer dedicated to helping people save money and live better,” McMillon said at the company’s 53rd annual shareholders meeting. “We know who we are. We like who we are and we like who we are becoming.
Walmart operates more than 10,500 stores and also drummed up more than $80 billion in revenues online last year. So on Wednesday the CEO said: “We don’t wake up in the morning wanting to go and make social or political statements. We’re a retailer. We’ve been managing the incoming more than trying to initiate outgoing. We want everybody to feel comfortable shopping with us and choose Walmart. Everybody. And we want everybody to feel comfortable and excited about working at Walmart.”
Walmart is both changing — adapting to a more digital world where Amazon popped up and threatened its dominance — and sticking to its core.McMillon told analysts that Walmart has been investing over a number of years on the prices it charges and the wages it pays — and has largely gotten to where it wants to be in those areas and is watching for gaps with competitors.
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