Walmart CSO says board approved ‘robust’ long range plan

Asked about how Walmart chooses to invest in growth at the Goldman Sachs Global Sustainability Forum, Walmart’s Executive Vice President and Chief Sustainability Officer, Kathleen McLaughlin, stated, according to a transcript: “we have a really terrific and robust long range plan. We’ve actually just our board just approved it, you know, a week or two ago for the next three years. And it’s really anchored in our financial framework, which some of you may be familiar with, which is really articulating the initiatives related to growth and margins and returns, and it’s holistic and integrated across our whole enterprise. So Walmart, US, Sam’s Club, US International all works into that plan, all of our functional initiatives. So our sourcing and merchandising initiatives, our operational initiatives, including energy transformation automation in our DCs and FCs and so on, our new businesses so Walmart Connect our Data Ventures, you know, financial services, health services, all these things ladder into this. And we think about it holistically and every initiative competes for that capital dollar the same as any other initiative.”