>> i think doug mcmillon is alwaysay impatient and a thinks the company can do better.uccessful as it's been over the last four or five years sce he took over. he p a strategyn place four years ago. it got beat up pretty well by thet equity. t's paying off. of the team at wal-mart are very focused on ccess. and they're well positioned to win in most places now. >> speakingef everywh what about the international business, charlie, domestic seems to be execu well. >> yes. >> the exception of the they want to improve the om experience. pu they bought flip card and expanded aressively internationally. how are they doing. >> the international business s always been a focu and always been kind of trantory. they tried to get out much as that didn't work. the british government shot that down tp but they made a strong and large and successful push into china with the joint venture with jd. flip cart is going to take time. i think the company realized it. we realized it. we didn't feel flip cart with short profits until aat best 2020. they're not upsetting us from that perspecti

doug mcmillon.to cnbc.com/evolve and register for a seat >> coming up when we return, top corporate stories and why jack ma said alibaba's single day fell short subscribe to our podcast you can get interviews, behind the scenes access and so much more look for us on apple podcast or your favorite podcast app and subscribe to "squawk" pod today. most people think of verizon as a reliable phone company. (woman) but to businesses, we're a reliable partner. we keep companies ready for what's next. (man) we weave security into their business. virtualize their operations. (woman) and build ai customer experiences. we also keep them ready for the next big opportunity. like 5g. almost all the fortune 500 partner with us. (woman) when it comes to digital transformation... verizon keeps business ready. ♪ >>> here's what's making headlines at this hour alibaba singles day had record sales, but apparently not enough for jack ma, the co-founder of the chinese online retail giant. ma told shanghai -- a shanghai c

yesterday i sat down with walmart ceo doug mcmillon. paso location that was the site of the mass shooting back in august. on monday more gun violence unfolding in oklahoma. doug mcmillon has been a vocal leader on gun policy that's where we started our conversation yesterday >> that's tragic this most recent event looks like a personal situation played out in our parking lot. as you mentioned, el paso is the event that's top of mind through the summertime it happened on august the 3rd and this store reopening we had last week was really moving. it was great to be there with our associates it was great to experience their resilience and the resilience of el paso. you know, i had heard that el paso was a special community and i experienced that firsthand and watching our associates that went through that trauma come together as a family and celebrate their opening and the reunification of that team they had been working in surrounding stores all this time was really special proud of them. >> you did institute some changes in the stores af

wal-mart ceo doug mcmillon is a said not everything is moving 00% online check out what he told the panel at the evolve event. >> i'm really confident they want stores because we see the evidence of that but a few years ago there were a lot of voices inside the company questioning everything and so we didn't go into it saying our purpose in life to prove that stores part of the future we didn't. we started with how do customers want to be served. it turns out the stores enup playing an important role in the process especially with fresh and perishable foods and things buying in big baskets all the time. >> made in the point karen in the past he had time to fix things at wal-mart because he has the family in there as the large shareholder. he doesn't have to worry about anybody else coming in and pressuring him they have done a lot there in terms of online obviously. the jet acquisition and moving from there and in the stores as well. >> i was skeptical of the jet acquisition when they did it and the whole push bay everything was it binobo. >> cart 2 whatever that means. >> buying willy ni

one thing doug mcmillon told investors this morning was that on walmart.com, while food is strong, they do a better job in general merchandise. categories like home and apparel, where the profit margins are fatter, that needs to be a place where they continued to pick up share with consumers. the hope is that grocery drives frequency. it's the thing that brings footfall into your stores and makes you loyal to walmart and get you coming back again and again. joe: is there a halo with groceries, such that, if i'm inclined to shop with walmart grocery, i will buy other stuff, or has that it be proven? >> i think that's what they are counting on. that's why they are changing their grocery offerings so that their program used to be that they could just buy groceries, now they are adding more merchandise to the offer on the theory that you will come in for the food, and then they will hook you to buy more stuff over time. caroline: where is amazon in all of this in terms of the competitive nature? they made a purchase of whole foods. you may clear in your story that they have a mixed message