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Charles Holley

Bratspies named chief merchant at Walmart

BENTONVILLE, Ark. — Walmart named new head merchants for its Walmart U.S. and Sam’s Club divisions, and designated a successor to its chief financial officer, who is retiring. Steve Bratspies, who most recently served as executive vice president of food for Walmart U.S., has taken the reins as chief merchandising officer of the division. In

Walmart move on wages could have ripple effect

Walmart move on wages could have ripple effect

BENTONVILLE, Ark. — Walmart stunned the retail world when it announced recently that it would give raises to approximately 500,000 employees, increasing its base hourly pay rate above the federal minimum wage. In the wake of Walmart’s move, industry observers and analysts have been examining the possible implications for the rest of the industry. Through