Content about Walmart China

July 24, 2014

Walmart named Greg Foran president and CEO of its U.S. stores division to replace Bill Simon, who is leaving the company after an eight-year run.

Walmart named Greg Foran president and CEO of its U.S. stores division to replace Bill Simon, who is leaving the company after an eight-year run.
 

July 17, 2014

Seven hundred and fifty tons of plastic wrap – the equivalent of 1.5 million pounds – have been saved by Walmart China as a result of a simple change to warehouse operations.

Seven hundred and fifty tons of plastic wrap — the equivalent of 1.5 million pounds — have been saved by Walmart China as a result of a simple change to warehouse operations.

The plastic savings were realized after Walmart developed a new system that involved reusable canvas belts to secure merchandise on pallets, thereby eliminating the need for one-time use plastic wrap. The canvas belt system is now in use at nine of Walmart’s distribution centers in China.

June 17, 2014

Many Americans take the safety of their food supply for granted, but that isn’t the case in China, a nation characterized by open air wet markets and a regulatory environment in which it can appear foreign companies are held to a higher standard.

Many Americans take the safety of their food supply for granted, but that isn’t the case in China, a nation characterized by open air wet markets and a regulatory environment in which it can appear foreign companies are held to a higher standard.

April 25, 2014

Top executives within Walmart’s international division have been assigned new responsibilities including a new role for the former head of Asian operations overseeing mergers and acquisitions.

Top executives within Walmart’s international division have been assigned new responsibilities including a new role for the former head of Asian operations overseeing mergers and acquisitions.

December 19, 2013

Walmart China CEO Greg Foran reiterated the company’s goal of accelerating Sam’s Club growth in the coming years with several published reports indicating the pace of Sam’s Club openings may eventually reach 10 units annually.

Walmart China CEO Greg Foran reiterated the company’s goal of accelerating Sam’s Club growth in the coming years with several published reports indicating the pace of Sam’s Club openings may eventually reach 10 units annually.

October 24, 2013

Less than two weeks after announcing plans to reduce overall international capital expenditures, top Walmart executives were telling a different story in China this week.

Less than two weeks after announcing plans to reduce overall international capital expenditures, top Walmart executives were telling a different story in China this week.

At a press event in Beijing, Walmart CEO Mike Duke and Walmart China CEO Greg Foran said the company planned to opening as many as 110 new facilities during the next three years including stores in China’s smaller cities while also closing up to 9% of its 397 units and remodeling 165 stores.

February 7, 2012

Walmart's Greg Foran will be packing bags and heading to China.

HONG KONG — Walmart's Greg Foran will be packing his bags and heading to China. The SVP for Walmart International has been named CEO of Walmart China, effective March 1, and will relocate to China, pending work visa approval.

July 14, 2011

Keeping tabs on key personnel moves at Walmart’s home office in Bentonville is hard enough, but the situation is even more challenging in overseas markets due to an uneven and selective disclosure strategy.

Keeping tabs on key personnel moves at Walmart’s home office in Bentonville is hard enough, but the situation is even more challenging in overseas markets due to an uneven and selective disclosure strategy.

July 7, 2011

Former Walmart China executives Rob Cissell and Shawn Gray have joined the retail subsidiary of Indian conglomerate Reliance Industries, according to the Economic Times of India.

Former Walmart China executives Rob Cissell and Shawn Gray have joined the retail subsidiary of Indian conglomerate Reliance Industries, according to the Economic Times of India. Cissell will serve Reliance CEO and Gray will serve as COO, according to the newspaper.

May 26, 2011

The resignation of two top executives at Walmart China earlier this week initially seemed a rather stunning development given China’s importance to Walmart’s future and the fact that the company just held an analysts meeting in Shenzhen in late March. However, Walmart is now looking to capitalize on compelling growth prospects in the world’s second largest economy without the services of CFO Roland Lawrence and COO Rob Cissell. Walmart announced their simultaneous departure, but did not identify replacements. Ed Chan currently serves as president and CEO of Walmart China and Scott Price serves as president and CEO of Wal-Mart Stores Asia.

The resignation of two top executives at Walmart China earlier this week initially seemed a rather stunning development given China’s importance to Walmart’s future and the fact that the company just held an analysts meeting in Shenzhen in late March. However, Walmart is now looking to capitalize on compelling growth prospects in the world’s second largest economy without the services of CFO Roland Lawrence and COO Rob Cissell. Walmart announced their simultaneous departure, but did not identify replacements.

May 24, 2011

Walmart will be looking to capitalize on compelling growth prospects in China under the leadership of new senior executives following the simultaneous departure of CFO Roland Lawrence and COO Rob Cissell.

Shenzhen, China — Walmart will be looking to capitalize on compelling growth prospects in China under the leadership of new senior executives following the simultaneous departure of CFO Roland Lawrence and COO Rob Cissell.

Both men left the company to pursue other development opportunities, according to Walmart, leaving leadership of Chinese business in the hands of Walmart China president and CEO Ed Chan and Wal-Mart Stores Asia president and CEO Scott Price.