Walmart International has undergone some major continental drift in recent months. On the
retail giant s Tuesday earnings call, executives discussed the company s strategic divestments in the United Kingdom, Japan, and Argentina with investors. Our international team has been busy transitioning the portfolio to higher growth markets, and it s working, Walmart CEO Doug McMillon said.
For the most part, that s meant divesting from less lucrative markets, and doubling down on more promising ventures around the world. In November 2020, Walmart Argentina was acquired by Grupo de Narváez, a corporation that runs retail companies in Argentina, Ecuador, and Uruguay. In the United Kingdom, Walmart completed the sale of its wholly owned grocery chain
Walmart Earnings Ahead: Retail Giant Says Don t Expect Repeat Of Year-Ago Results
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Arch Coal, Inc (NYSE:ACI), Amazon com, Inc (NASDAQ:AMZN) - Walmart Q1 Earnings Might Be First Signs Of What Future Without COVID Rush Might Look Like
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Xite Labs Provides xR Production Expertise to Walmart for Pair of Virtual Annual Corporate Meetings
By
davidsteinberg
4 seconds ago
When the continuing coronavirus pandemic precluded holding its usual large first-quarter corporate meetings in person, Walmart turned to xR production to go virtual with the annual Investment Community Meeting (ICM) and A Year Beginning Meeting (YBM). Tennessee-based experiential event company LEO Events, which produced the two shows, brought Xite Labs on board to provide technical and creative services in support of LEO’s master show direction. Xite delivered custom set designs, virtual environments, AR content production and on-site editorial as well as designed, built, calibrated and operated the xR stage on location.