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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 announced Monday it plans to give store managers annual stock grants worth up to $20,000, a benefit that will substantially increase the compensation potential for store managers at the retail ...

Walmart said the average store manager’s salary will rise to $128,000 from $117,000 as the world’s largest retailer looks to attract and retain workers in a tight labor environment. In addition to the ...