Wal-Mart CEO McMillon Tries to Navigate Retailer Out of its Woes

Since taking over Wal-Mart earlier this year, CEO Doug McMillon has been scrambling to find ways to revive in-store sales momentum.

And McMillon must continue to work on Wal-Mart’s sustainability positioning, for a variety of reasons. His latest plan to develop a sustainable food-supply chain involves improving access to food, making healthier eating easier to understand, improving the safety and transparency of its supply chain and affordability.

“We’ve learned on our sustainability journey that we’re most successful when your initiatives create social and environmental value and business value at the same time.”

“The future of food is absolutely critical for both our society and our business,” McMillon said in a statement. “We’ve learned on our sustainability journey that we’re most successful when your initiatives create social and environmental value and business value at the same time.”

Among other things, Wal-Mart now plans to provide four billion healthier meals to needy consumers in the U.S. over the next five years, nutrition education to four million U.S. households, more information on its labels about its food supply chains, and more work with suppliers to improve water usage and other environmental outcomes.

“It all comes down to trust,” McMillon said. “Customers have to trust us on food. When we focus on food, we are doing right by our customers, our communities, and our planet.”


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