Walmart CEO joins coronavirus relief effort with business opportunity

Entrepreneurs looking to sell their wares at Walmart, listen up. Walmart CEO Doug McMillon has signed up for the digital fundraising cam...

Entrepreneurs looking to sell their wares at Walmart, listen up.

Walmart CEO Doug McMillon has signed up for the digital fundraising campaign, All-In Challenge, to help fight the coronavirus crisis, and it includes a chance for small businesses to have their products sold at the nation’s largest retailer.

McMillon and his management team have agreed to vet 10 small businesses who participate in auctions for the opportunity to present their business plans. Starting bids for the 10-minute pitches are $5,000 — but only one winner will be featured on

The chief executive will also spend a day with a sweepstakes winner at Walmart’s Bentonville, Ark., headquarters and cap it off with a dinner as part of the two-week old fundraising initiative started by Fanatics mogul, Michael Rubin.

The All-In-Challenge has already attracted the likes of Tom Brady, Leonardo DiCaprio, Peyton Manning, Robert DeNiro and other celebrities who have agreed to donate their time or something of value for fans willing to pay big bucks that will go towards feeding people left vulnerable by the coronavirus crisis.

More than $24 million has been raised to date, including the Tom Brady auction that closed on Tuesday and brought in $800,000. The winner, whose identity is not known, will get tickets to Brady’s first Tampa Bay Buccaneers game, along with his jersey and cleats and dinner with the gridiron great.

Former NFL star quarterback Peyton Manning’s auction also closed Tuesday after raking in $525,000 for the opportunity to play golf and have dinner with him in the winner’s hometown.

Rubin, who founded the sports apparel company Fanatics and is a co-owner of the Philadelphia 76ers and the New Jersey Devils, said on his Instagram: “Being stuck at home with no sports and watching WAY too much news, my heart bleeds for everyone affected by this horrible virus and I keep thinking … what else can we do and where can we make an immediate impact?” Rubin then added: “I’m challenging every athlete, sports team owner, sports league, artist, celebrity and business titan to go all-in with me.”

Source link



Africa,726,Americas,3900,Art & Culture,14207,Arts,6330,Arts & Design,1521,Asia,3111,Automobile,414,Baseball,501,Basketball,398,Books,3722,Business,5163,Celebrity,2589,Cricket,602,Crime,119,Cryptocurrency,1386,Dance,586,Defense,794,Diplomatic Relations,2449,Economy,1005,Editorial,260,Education,1115,Elections,290,Energy & Environment,2986,Entertainment,22069,Environment,3466,Europe,4060,Faith & Religion,205,Family & Life,772,Fashion & Style,3082,Finance,18947,Food & Drink,3572,Football,1023,Games,73,Gossip,10243,Health & Fitness,3913,Health Care,868,Hockey,181,Home & Garden,877,Humour,948,Latin America,49,Lifestyle,16206,Media,489,Middle East,1396,Movies,1581,Music,2482,Opinion,2728,Other,11210,Other Sports,4865,Political News,11230,Political Protests,2277,Politics,17267,Real Estate,1683,Relationship,63,Retail,3067,Science,2469,Science & Tech,9473,Soccer,159,Space & Cosmos,273,Sports,11378,Technology,3265,Tennis,502,Theater,1558,Transportation,274,Travel,2437,TV,3526,US Sports,1431,Video News,3531,War & Conflict,1023,Weird News,953,World,15542,
Newsrust: Walmart CEO joins coronavirus relief effort with business opportunity
Walmart CEO joins coronavirus relief effort with business opportunity
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share to a social network STEP 2: Click the link on your social network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy Table of Content