Walmart has announced that it will boost store manager pay and link annual bonuses to store profits, according to a memo from Cedric Clark, executive vice president of store operations, to employees.

Walmart’s U.S. CEO John Furner announced Monday morning in a surprise to many that store managers would get salary increases and a bonus program that adds up to 200% of their annual salary. Starting ...

The country’s largest brick-and-mortar retailer says it is increasing the salary of store managers and expanding bonuses opportunities that could increase their total salary significantly. In a letter ...