In this conversation with the Atlantic's James Fallows, Walmart CEO Doug McMillon gives his perspective on how business can help to meet the challenges presented by global population growth."
Bio
James Fallows
James Fallows is a national correspondent for The Atlantic and has worked for the magazine for more than 30 years. In that time he has been based in various sites within the United States and in Tokyo, Kuala Lumpur, Shanghai, and Beijing. He has written ten books, of which the latest, China Airborne, was published in May. He won the American Book Award for his book National Defense, the National Magazine Award for his writings about the Iraq war, and a New York Emmy for his role as host of a documentary series on China. During the Carter administration, he worked in the White House as the president’s chief speechwriter.
C. Douglas McMillon
Doug McMillon is president and CEO of Walmart International, a fast-growing segment of Walmart's overall operations, with more than 5,000 stores and more than 730,000 associates in 26 countries outside the US. From 2006 to 2009, McMillon served as president and CEO of Sam’s Club, an operating segment of Walmart, with sales of more than $46 billion during his tenure. McMillon currently serves on the board of directors of the US China Business Council, the executive committee and board of directors for Students in Free Enterprise (SIFE), the dean’s advisory board for the Walton College of Business at the University of Arkansas, and the board for Crystal Bridges, an American art museum. He has also been recognized as a Young Global Leader by the World Economic Forum. Most of McMillon’s 20-year career has been in merchandising in the Walmart US division, primarily in food, apparel, and general merchandise.
Doug McMillon, president and CEO of Walmart International, discusses how Walmart uses buying patterns and statistics to forecast how and what consumers will purchase.