Walmart says its CEO earned 933 times its median employee's pay last year
Walmart CEO Doug McMillon had more than $25 million in total compensation in the fiscal year that ended in January 2023.
Walmart CEO and President Doug McMillon received total compensation of $25.3 million in the last fiscal year.Walmart announced a minimum-wage increase to $14 per hour earlier this year.
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The most popular grocery stores in the U.S.While national store chains like Walmart are typically among the most popular grocer, local and regional grocery stores can challenge national behemoths in popularity, as shoppers develop strong allegiances toward their community favorites.
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IKEA plans new US stores in $2.2 billion push to challenge Walmart and WayfairIKEA stores owner Ingka Group will spend 2 billion euros ($2.2 billion) expanding in the United States over the next three years, its biggest investment in a single country, in a bet to win American customers as other big-box retailers close stores.
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IKEA plans new U.S. stores in $2.2 billion push to challenge Walmart and WayfairIKEA stores owner Ingka Group will spend 2 billion euros ($2.2 billion) expanding in the United States over the next three years, its biggest investment in a single country, in a bet to win American customers as other big-box retailers close stores. Sweden's IKEA, which opened its first U.S. store in 1985, near Philadelphia, is seeking to win market share in the U.S. as cash-strapped consumers look for more affordable products. 'It is in all the states across the U.S. where we see opportunities, but I would say in particular the South, where we see big demand that we have not so far been able to respond to,' said Tolga Öncü, head of IKEA Retail at Ingka Group.
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Walmart shareholder meeting to hold votes on workplace safety, China riskWalmart Inc shareholders will be asked to vote on a number of new proposals including revealing its exposure to China and conducting an independent review of its safety practices related to gun violence at its annual general meeting next month, a securities filing on Thursday showed.
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Chicago's St. Sabina revives monthly food giveaways as Walmart, Whole Foods closeOn Thursday, the Chicago church passed out 400 boxes of food complete with fresh fruits, vegetables, chicken and beef.
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