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Going Global with Judith McKenna, President & CEO, Walmart International

Going Global with Judith McKenna, President & CEO, Walmart International

FromRemarkable Retail


Going Global with Judith McKenna, President & CEO, Walmart International

FromRemarkable Retail

ratings:
Length:
43 minutes
Released:
Apr 11, 2023
Format:
Podcast episode

Description

Joining us for the first of several episodes recorded at the Wizeline remote podcast studio/beach cabana at Mandalay Bay during Shoptalk is Judith McKenna, who heads up Walmart International.We touch on Judith's journey across the pond to lead Walmart's $100 billion plus division, which operates across 19 countries, before jumping into the challenges and opportunities of executing the Walmart brand promise and purpose while staying attuned to diverse market needs ("strong local businesses powered by Walmart"). Judith shares her perspectives on the importance of strategic alignment, sustaining a culture of innovation, and the emerging role of personalization in driving growth. We close with Judith's take on how to navigate the volatile future of retail and some of her key leadership tips.We start as usual with a review of the week in retail news, including how a revision in the jobless claims numbers suggests a cooling job market, RH's recent (mostly) disappointing earnings release, and Costco's first negative monthly comparable sales report in three years. Then we dissect encouraging news from Walmart before a quick return to the Wobbly Unicorn Corner with word of a bankruptcy filing from Boxed and Chewy's decision to close two fulfillment centers. We wrap up with Bed, Bath & Beyond's continuing financing gymnastics, which don't seem to bode well for their future. We also give a quick shout-out to friend of the pod, Seth Godin, who releases his latest book, The Song of Significance: A New Manifesto for Teams, next month. You can learn more and find links to pre-order here.World Retail Congress Offer: Select Guest, and use offer code WRCRR20 for 20% off your Retailer Pass.About JudithJudith McKenna is president and CEO of Walmart International where she is responsible for all aspects of Walmart’s footprint outside the U.S., leading a team of 550,000 associates across 23 countries. Judith is transforming the shape of the international portfolio while expanding eCommerce and omnichannel offerings, leveraging innovations from across international markets to build strong local businesses that are powered by Walmart, and working to make lives easier by creating a global culture that puts the customer at the center of everything.Prior to leading Walmart International, Judith was executive vice president and chief operating officer for Walmart U.S. During that time she led the rollout of online grocery to the U.S. by leveraging best practices from her time in the U.K. Before that, she served as executive vice president of strategy and development for Walmart International, chief operating officer for Asda Stores Ltd. in her native U.K, and as Asda’s chief financial officer for more than a decade.In addition to leading the business, Judith has a lifelong passion for developing people at all levels and creating opportunities for learning. She’s the daughter of two teachers and is an advocate for associate training and education. She was also the architect behind the introduction of Walmart Academies to the U.S.Judith is a board member of Walmex in Mexico, Flipkart and PhonePe in India, as well as the Walton Arts Center. She also appears on Fortune’s list of Most Powerful Women in Business and Forbes’ list of the World’s Most Powerful Women. Judith graduated with a law degree from University of Hull in England before earning her Institute of Chartered Accountants in England and Wales accounting qualification at KPMG and was awarded an honorary doctorate in law from University of Hull.
Released:
Apr 11, 2023
Format:
Podcast episode

Titles in the series (100)

If you think the last few years of the COVID era was a wild ride, buckle up buttercup, things are only going to get tougher as retailers face escalating competition and increasing macroeconomic headwinds. In an era where even very good is no longer good enough, to rise above the rest our only choice is to choose to be remarkable. And making this remarkable mind shift requires that we aim higher, act more boldly and move much faster. As a C-level executive at two Fortune 500 companies, keynote speaker and strategic advisor to dozens of retail, consumer and technology brands, I help organizations accelerate their growth. I'm also the author of the recent best-selling book "Remarkable Retail: How to Win & Keep Customers in the Age of Disruption." Join me and my co-host Michael LeBlanc, Producer & Host of The Voice of Retail podcast, The Food Professor podcast and the Conversation with CommerceNext podcast as we explore the evolution of modern retail. Along with special guests, including top retailers and industry thought leaders, we'll explore the latest events within the retail industry and beyond for a lively and interactive journey to Remarkable Retail. Presented by MarketDial. © 2020-2022 M.E. LeBlanc & Company Inc. All Rights Reserved.