Bill Simon

Wednesday's trading session was a busy day for investors with exposure to the retail space, as Target Corporation (NYSE: TGT) and Lowe's Companies, Inc. (NYSE: LOW) each reported strong second-quarter results. Three Tailwinds Target and Lowe's share three similar tailwinds that...

Hundreds of thousands of Amazon.com, Inc. (NASDAQ: AMZN) employees will see have bigger paychecks next month. What Happened Amazon said Tuesday it will pay every employee at least $15 per hour as of Nov. 1. The pay increase will directly benefit more than 250,000 current employees along with...

Ahead of retail giant Walmart Inc (NYSE: WMT)'s annual investor day presentation, ex-Walmart U.S. CEO Bill Simon laid out some questions that might be on investor's minds. Walmart Is A Different Company Today Simon departed Walmart in 2014, and much has changed at the corporate level, the...

When asked to comment on how the retailer's core customer is adapting to the challenging economy, Wal-Mart's (NYSE: WMT) former president and CEO of Wal-Mart U.S. Bill Simon told Reuters, “We've reached a point where it's not getting any better, but it's not getting...

Wal-Mart (NYSE: WMT) will report its second quarter results before Thursday's market open. Wal-Mart last reported its results on May 15. The retailer earned $1.10 per share, $0.05 less than analysts expected. Revenue of $114.9 billion fell short of expectations by nearly $1.4 billion. Wal...

The way consumers buy groceries is changing. According to the 2014 Deloitte American Pantry Study, cross-channel shopping for groceries is becoming the norm. The definition of “grocery store” has evolved. That fact rings true when examining expansion plans among the top five...

U.S. stocks were little changed as economic data came in mixed. The Commerce Department reported that new home sales fell in the month June, while initial jobless claims came in better than expected. Investors and traders cheered positive quarterly results from Facebook and Ford, while news...

Doug McMillon, head of Wal-Mart Stores (NYSE: WMT) international business, is set to replace Mike Duke as the company's chief executive officer early next year. Various news sources on Monday reported that the 47-year-old McMillon will succeed the 63-year-old Duke to become the fourth CEO of Wal-...

The holidays are typically a great time for retailers like Wal-Mart. Wal-Mart (NYSE: WMT) U.S. President and CEO Bill Simon appeared on CNBC's Squawk Box to talk about the holiday season, as well as consumer awareness surrounding the budget battling ensuing in Washington D.C.. "The holiday...