NEW YORK - Wal-Mart Stores Inc. Chief Financial Officer Tom Schoewe is retiring, the retailer announced Wednesday, and it has promoted Charles Holley to be his replacement. Schoewe's retirement is the latest in a series of changes in the executive ranks at the world's largest retailer, which is trying to turn around sluggish U.S. sales fueled by a tough economy and merchandising problems.
NEW YORK - In a surprise move, Wal-Mart Stores Inc. announced Tuesday that Chief Financial Officer Tom Schoewe is retiring, and it has promoted Charles Holley to be his replacement. Schoewe's retirement is the latest in a series of changes in the executive ranks at the world's largest retailer, which is trying to turn around sluggish U.S. sales fueled by a tough economy and merchandising problems.
Troy, Centerville get new pizza places A new pizza restaurant, A Fat Boyz Pizzeria, has opened in Troy, and a Godfather's Pizza is coming to the Centerville-Bellbrook area.
...Walmart names financial officer. NEW YORK -- Walmart Stores Inc. Chief Finnancial Officer Tom Schoewe is retiring, the retailer announced Wednesday. Tt ...
NEW YORK - A dollar for a 40-ounce bottle of ketchup? Yawn. Four bucks for a 12-pack of Coke? No sale. Even deep discounts on everyday items don't seem to be enough to get Walmart shoppers to bite these days, and other chains are worried Americans won't be in the mood to spend in the months ahead, which are critical for those companies.
On Tuesday, quarterly financial results from retailers that included Home Depot an...Wal-Mart Stores Inc.'s chief financial officer, Tom Schoewe, told journalists that its deep price...
WTO: ban on Chinese poultry illegal GENEVA | The World Trade Organization has ruled that a U.S. ban on Chinese poultry is illegal, giving Beijing a win in the first international commerce ruling against the administration of President Barack Obama.
...Wal-Mart Stores Inc. Chief Financial Officer Tom Schoewe is retiring, the retailer anno...
FAYETTEVILLE, Ark. (AP) -- Wal-Mart Stores Inc.'s newly installed President and CEO Mike Duke pledged to shareholders today that the world's largest retailer will build on its success by keeping its customers even when the economy improves. But at an annual meeting that was often about celebrating recent business success, the CEO emphasized that the discounter also needs to make even more strides in larger issues of sustainability and health care.
...Chief Financial Officer Tom Schoewe told shareholders that the com...
NEW YORK - A dollar for a 40-ounce bottle of ketchup? Yawn. Four bucks for a 12-pack of Coke? No sale. Even deep discounts on everyday items don't seem to be enough to get Walmart shoppers to bite these days, and other chains are worried Americans won't be in the mood to spend in the months ahead, which are critical for those companies.
On Tuesday, quarterly financial results from retailers including Home Depot and Ab...Walmart Stores Inc.'s chief financial officer, Tom Schoewe, told journalists that its deep price...
Cash or credit? For more Americans, who have already maxed out their credit cards or are just trying to manage their spending better in the tough economy, the answer is increasingly the old- fashioned one. Retailers like Wal-Mart Stores Inc., Target Corp. and J.C. Penney Co. are noticing a marked shift away from credit cards in favor of cash and debit cards. A big factor is less credit available as major card issuers cut spending limits and raise fees even for customers who pay their bills on time.
... behavior that has emerged since the financial meltdown that could depress consumer spending this...'s President and Chief Merchandising Officer Ken Hicks noted that the chain hasn't seen swings ...Chief Financial Officer Tom Schoewe told The Associated Press that shoppers are now un...
SLOWDOWN: The company will build fewer stores, and new centers will be smaller. By Marcus Kabel
... decline in sales growth, Chief Financial Officer Tom Schoewe told investors and analysts at...
NEW YORK - The recovering U.S. economy may be a mixed blessing for Wal-Mart. Wealthier customers who turned to the world's largest retailer during the Great Recession appear to be trading back up, and stubbornly high unemployment and gas prices are still squeezing its main customers, who are still struggling paycheck to paycheck.
...Wal-Mart Chief Financial Officer Tom Schoewe acknowledged it's "possible" i...
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