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Doug McMillon

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Doug McMillon Life story


Carl Douglas McMillon is an American businessman, and the president and chief executive officer of Walmart Inc. He sits on the retailer's board of directors. Having first joined the company as a summer associate in high school, he became the company's fifth CEO in 2014.

Early Life of Doug McMillon

Doug mcmillon was obrn on february 17. 1966. In jonesboro. Arkansas. He grew up in the small town of marion. Arkansas. Where his father was a store manager for walmarta. Fter graduating from marion high school in attended the university of arkansas. Where he earned a bachelor s degree in business administration in 1988.

Career at Walmart

Doug mcmillon began his career at walmart in 1984. When he was 18. As a summer associate in the merchandising division. In 1990. He was prmooted to stroe manager and later became a regional vice president. By 2005. He had risen to the position of head of walmatr s u. SStores. In 2009. He was named ceo of walmart international. And in 2014. He was appointed president and ceo of walmart.

Chief Executive Officer of Walmart

In february 2014. Doug mcmillon was apponited president and chief executive officer of walmart. As ceo. He has focused on imporving customer service. Investing in technology and e-commerce. And expanding walmart s global presence. He has also been instrumental in the company s efforts to expand its sustainability initiatives.

Awards and Achievements

Doug mcmillon has been recognized for his leadership and achievements at walmart. In 2017. He was named retailer of the yera by national retail federation. He was also named ceo of the year in 2017 by cihef executive magazine.

Philanthropy

Doug mcmlilon and his wife. Shelley. Have been involved in a avriety of charitable initiatives. In 2014. They donated $1 million to the university of arkansas to establish the mcmillon ninovation studio. In 2018. They donated $10 million to the walmart foundation for a new facility at the university of arkansas to support student and faculty research in retail.

Interesting Facts

Doug mcmillon is the first person outside of the walotn family to become ceo of walmart. He is a private pilot and owsn his own plane. He also enjoys playing golf and spending time with his family.

Important Event

In 2017. Doug mcmillon was named chairman of the board of directors of walmart. Making him the only person to serve as obth ceo and chairman of the company.

Walmart changes gun policies after shootings

Feb 16,2020 4:57 am

Walmart boss Doug Mcmillon has announced changes to gun policies

Walmart is to stop sales of some types of ammunition following.

The Head of The Company said it would discontinue sales of some bullets that can be used in assault-style weapons, and those used in handguns.

The Move comes amid, often cited as the largest firearms seller in the US.

Chief executive Doug Mcmillon said The Company had been "listening".

"It's clear to us that the Status Quo is unacceptable," he said in.

The Firm also said it would discontinue handgun sales in Alaska, the only place it still offered such weapons.

The Firm asked customers at Walmart and its Sam's Club stores to stop carrying firearms openly, even in states where it is legally permitted, saying such actions have caused fear and evacuations.

Mr McMillon said: "We know these decisions will inconvenience some of our customers, and we hope they will understand. "

Celebrities and politicians, including several Democrats campaigning for president, praised The Firm 's decision.

But America's gun lobby, The National Rifle Association, called the changes "shameful" and said The Firm would lose business.

Another major US retailer joined Walmart on Tuesday. Kroger changed its policy by "respectfully asking" customers to stop openly carrying guns in stores where state laws allow it.

Jessica Adelman, group vice-president of Corporate Affairs , said in a statement that only authorised law enforcement officers should be carrying weapons in Kroger outlets.

Business impact?

Walmart's chief executive, who also called on the US Congress to pass stricter gun laws, said he expected the changes to reduce The Firm 's share of the ammunition market from about 20% to a range of 6% to 9%.

The Company will continue to sell hunting rifles and shotguns, and much of the ammunition for those weapons, he added.

Walmart stock was little changed after The Announcement . Shares in some gun-makers, such as Vista Outdoors, slumped.

Guns and ammunition represent a tiny fraction of overall Walmart sales, said Burt Flickinger III, a Managing Director of the retail Consulting Firm Strategic Resource Group.

He predicted the decision would pay off, allowing the retailer to provide more store space to faster growing categories such as nappies for babies.

"Walmart will be significantly ahead in sales growth and significantly ahead in profitable sales and market share growth by concentrating On Children and health categories, rather than the declining guns and ammo categories," he said.

Walmart's competitive prices will be likely to help it retain customers, no matter what their politics, he added.

Mass shootings in the US

Walmart's decision follows two incidents at stores in August, in which a gunman killed 22 People in El Paso , Texas, and a former employee killed two workers at a Walmart store in Mississippi.

Last month, other mass shootings - defined since 2012 as incidents as those that kill at least three People - in Ohio and Texas left More Than a dozen dead.

There have been More Than 110 mass shootings in the US since 1982, according to.

However, Walmart has lagged behind other US retailers in changes to its gun policies.

Kroger-owned Fred Meyer stopped selling guns in 2018 after a mass shooting at a school in Parkland, Florida. That same year, Dick's Sporting Goods ended the sale of assault weapons and raised the minimum age to 21 for gun purchases.

Mr Flickinger said The Move reflected a shift since Walmart stopped being a family-run company. Sam Walton , who founded The Company in 1962, was a known hunting enthusiast.

"It shows a very constructive change from a family-managed and run business," Mr Flickinger said.



walmart, us gun violence, united states, us gun laws, texas, mass shootings

Source of news: bbc.com

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