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Walmart Flexes Muscle at Annual Shareholders Meeting

Walmart Flexes Muscle at Annual Shareholders Meeting

Walmart Flexes Muscle at Annual Shareholders Meeting
June 02
00:01 2018
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“W-a-l-m-a-r-t! Come on, Walmart make some noise!”
Walmart Inc.’s 48th annual shareholders meeting Friday at the Bud Walton Arena in Fayetteville, Ark., didn’t skimp on the entertainment. Jamie Foxx provided the star power as the host, and the retailer got its money’s worth. The actor appeared to be all-in and up to the task, as opposed to previous years when the talent seemed to be phoning it in. Carly Rae Jepsen, Jason Derulo and Cassadee Pope were among the musical acts, along with Mason Ramsey, the 11-year-old yodeling kid who was discovered plying his craft at a Walmart store in Illinois.
International and delivery were among the themes of the event, which drew 14,000, including shareholders, but mostly sales associates who were seated in sections of the arena according to business division and erupted in shouts and applause when their store nameplates were mentioned by executives. Shareholders also marked the return of Sam’s Club into the fold.
There were attempts to cast Walmart as a leaner, meaner company designed for the Internet age and portray it as being tapped into the zeitgeist. Earlier in the week, the retailer revealed it had relaxed its dress code for hourly associates, allowing them to wear jeans and

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