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.
EXCLUSIVE: @tomford is opening its first-ever beauty store. The boutique, which opens November 20 in London’s Covent Gardens, was designed with the over-the-top glam Ford is known for. Read the full story on WWD.com, link in bio. #wwdbeauty #wwdnews (📷: Simon Wagner) #TomFordBeauty
New York-based DJ @harleyvnewton threw a party to celebrate the holiday collection of her dress and pajama line @hvn at the Ladurée Beverly Hills. It Girls @katebosworth, @rashidajones and more joined in on the fun, which included cocktails, croque monsieur sandwiches and a photo booth. #wwdfashion (📷: Owen Kolasinski/BFA.com)
For the holidays, @Burberry partnered with 20-year-old artist @blondeymccoy on a series of three outdoor murals in downtown Manhattan. The murals are McCoy’s interpretation of a Christmas eve party, the idea of charity and the spirit of family. His third mural, pictured here, is the most personal. The image depicts McCoy’s grandparents and father in London’s Trafalgar Square in the Seventies. “My work often features lots of sentimental objects.” #wwdeye
For spring 2018, designers applied bold colors and cartoonish motifs on everything from sneakers and belts to key chains. See all the top men’s accessories trends on WWD.com. #wwdtrends (📷: George Chinsee; Prop Styling by @rnasti; Market Editor: @luiscampuzano)
The @dior-sponsored @guggenheim international gala pre-party has a history of drawing cool-girl musical acts to serenade the crowd –– and last night was no exception. @haimtheband performed songs both new and old, and lured a star-studded audience with the likes of Rebecca Hall, Kate Mara, Mamoudou Athie and more. #wwdeye (📷: @lexieblacklock)
In a partnership between the @metopera and the @englishnationalopera, “Marnie” was born. The opera, with costumes sponsored by @mrporterlive, is an adaptation of the 1961 thriller by Winston Graham. Arianne Phillips, who created the costumes, is no rookie: She’s styled Madonna for her tours and created costumes for a myriad of films in the past. Read WWD’s interview with Phillips, where she talks about her inspiration for the opera’s costumes on WWD.com #wwdfashion
@barneysnyc took a different approach to their holiday windows this year. Instead of Christmas decor, Barneys tapped @thehaasbrothers to tell a story of positivity, gratitude and inclusivity via heartwarming silliness and humor. “It’s about kids and it’s about coming together and being family and loving each other,” said Simon Haas. #wwdfashion (📷: @joshuascottphoto)
Beauty influencer @kandeejohnson makes her foray into hair care with a collaboration with @ogx_beauty — making it the first time that OGX has teamed up for a product creation. The collab includes shampoos and conditioners in three scents. At 39 and a mom, Johnson is a different profile than the emerging social media stars, but is considered one of the pioneers of the digital beauty influencer world. Read WWD’s interview with her on wwd.com, including the strangest beauty product she’s ever tried #wwdbeauty