Wal-Mart has had only four chief executive officers in its 51 years. Here, a look at their time at the top.
Sam Walton, 1962-1988 Sam Walton opened the firstWal-Mart in Rogers, Ark., in 1962, and took the company public eight years later, logging annual sales of $1 billion by 1980.
Walton’s competitive zeal and “aw shucks” demeanor helped him build a discount giant that fought off unions, “borrowed” ideas from competitors and severely pressured main street retailers.
David Glass, 1988-2000 David Glass stepped into the shoes of Wal-Mart’s famous founder, launched the Supercenter format and took the company’s low-cost vision to Mexico and beyond. Sales tallied $1 billiona week by 1993 and more than$100 billion annually by 1997.
Glass oversaw a period of huge expansion for Wal-Mart and stepped out on a high note, but missed the growing discontent with the company including concerns about how workers were treated.
H. Lee Scott, 2000-2009 H. Lee Scott helped bring the retailer into the digital age with walmart.com, was at the helm when the company reached the top of the Fortune 500, oversaw a major push for environmental sustainability and drove annual sales to more than $400 billion.
Scott’s tenure included some serious image rehab, a rare failure abroad, in Germany, and an unsuccessful turn toward more fashionable apparel.
Mike Duke, 2009-2014 Mike Duke expanded Wal-Mart to India and South Africa, supported programs for sustainable agriculture and U.S.-produced goods and established @walmartlabs, a hub for developing social, mobile and global platforms. Analysts expect sales in his final year to hit $478 billion.
“Azzedine has been one of the biggest influences in my life. He has always been such a strong, loving, fatherly figure to me. I call him Papa. His designs are indescribably unique, they are pieces of art. He knew how to make the female form look its loveliest. I have so many memories of him; my favorite might be during my first show with him in Paris. He liked me and he wanted to help me get more work. He called all his friends at Kenzo and Comme des Garcons, and asked them to book me. They said, ‘But she can’t walk!’ And he said, ‘but she has such a great ass!' His friendship and support has been the great privilege of my career. I can't imagine life without him. Repose en paix mon Papa.” - @stephanieseymour tells @wwd. #wwdfashion (📷: @steveeichner) #alaia #azzedinealaia
Azzedine Alaïa, flanked by two of his closest friends, models Stephanie Seymour and Naomi Campbell.
He designed Seymour’s dress for her 1995 wedding to Peter Brant, and treated Campbell (who famously called him Papa), like a daughter. For more on the legendary designer, tap the link in bio. #wwdfashion #alaia #azzedinealaia
Azzedine Alaïa's “I-did-it-my-way” ethos stood out starkly at a time when brands are experimenting with consumer-facing fashion shows, coed formats and trans-seasonal collections – anything to perk up lackluster sales of ready-to-wear in an age of Insta-everything. “It’s not creation anymore. This becomes a purely industrial approach,” the late designer told WWD in an interview last year. “But anyway, the rhythm of collections is so stupid. It’s unsustainable. There are too many collections.” Read more about the iconic designer’s life and work on wwd.com, link in bio. #wwdfashion #azzedinealaia (📷: @WWD Archive, 1986) #alaia
Sneaker reselling app @goat’s latest exhibit, "The Greatest: New York," tells the story of New York's sneaker culture. To celebrate the exhibit, an intimate crowd gathered on Thursday night at the pop-up gallery space, located at Platform in Culver City, to hear guest speaker and illustrator @esymai talk about her own rise in streetwear and women in the business. "For me I'm just someone who is creative. I like to create things," said Chang. #wwdfashion
Azzedine Alaïa, one of the most iconic couturiers of the modern era whose body-con designs defined Eighties fashion, has died in Paris. The diminutive Tunisian-born designer, known for his structured knitted dresses with fitted waists and impeccably cut, figure-hugging second skin silhouettes was deeply admired by his peers, and counted supermodel Naomi Campbell - his adoptive daughter - among his inner circle, one of a gang of glamazons including Farida Khelfa, Carla Bruni and Stephanie Seymour who became ambassadors of his style. (📷: Alexandre Guirkinger) #wwdblast