Wal-Mart CEO Outlines Its Newest Chapter

Wal-Mart Stores, Inc. WMT president and CEO, Doug McMillon, outlined its newest chapter at its 46th annual shareholders meeting. While addressing the shareholders, he wanted the 2.3 million associates to write the next chapter stating that the company has the opportunity to reimagine retail again.

Wal-Mart CEO said, "As the world becomes more digital, it will be the humanity of Walmart that differentiates us and wins with customers. Our investments in education and training, store structure, wages, hours and sales floor technology are to support you and enable you to serve your customers and members. Every associate has a role to play. The actions of 2.3 million of you add up to something big."

McMillon reinforced the call to action by revealing that Walmart has now been working with Uber and other partners to test deliveries to customers from U.S. stores, as well as clubs. He also took to Facebook Live to connect directly with Wal-Mart associates around the world and thanked them for their service.

The CEO said further, "This is our ambition globally: we want to be the first place busy families go to save money and time, especially on their everyday needs. We're connecting all the parts of Walmart into one seamless shopping experience with great stores, easy pickup, fast delivery, and apps and websites that are simple to use."

Wal-Mart Stores CEO also spoke about its role in serving communities. Its CEO said that its customers care about their neighbors, their planet, and their children's future. He said, "They want to buy products that are good for the environment and the people who made them. They want items that are safe and healthy for their families. And ultimately they want to spend their money with a retailer they trust. We earn trust by operating in a way you and your family can be proud of. We'll do that and more."