Walmart
Industryweek 35484 Walmart Picker 1
Industryweek 35484 Walmart Picker 1
Industryweek 35484 Walmart Picker 1
Industryweek 35484 Walmart Picker 1
Industryweek 35484 Walmart Picker 1

Walmart Shuffles Leadership Team for Store-Digital Integration

July 19, 2019
Walmart Inc. is still trying to get its structure just how it wants it.

The retail giant announced its second internal restructuring in as many months as it tries to better integrate its money-losing online business in the U.S. with its physical stores.

The company will merge the teams that run the supply chain and finances for its e-commerce unit and its stores, according to an internal memo obtained by Bloomberg News. That comes on the heels of an announcement last month that it planned to fully integrate all Jet.com employees into the larger company and shrink the unit’s management team nearly three years after buying the e-commerce site.

Merchandising -- the key cog of Walmart -- is staying separate for now. As part of the shuffle, Ashley Buchanan, who had been leading the merchandising team for its Sam’s Club warehouse unit, will now run merchandising for all of Walmart’s U.S. e-commerce business, reporting to online chief Marc Lore.

Walmart is facing renewed pressure to produce results at its online unit as the world’s largest retailer tries to make delivery profitable and simultaneously chip away at the lead built up by Amazon.com Inc. The company recently lost its e-commerce chief revenue officer in the U.S., Scott Hilton, who had been a long-time Lore lieutenant.

Walmart’s U.S. online business has grown, becoming a viable second fiddle to Amazon after the division’s revenue expanded 40% last year. But the business continues to be in the red, with losses expected this year of about $1.7 billion, up from $1.4 billion last year, according to Morgan Stanley estimates.

By Jonathan Roeder and Matthew Boyle

Popular Sponsored Recommendations

Empowering the Modern Workforce: The Power of Connected Worker Technologies

March 1, 2024
Explore real-world strategies to boost worker safety, collaboration, training, and productivity in manufacturing. Emphasizing Industry 4.0, we'll discuss digitalization and automation...

3 Best Practices to Create a Product-Centric Competitive Advantage with PRO.FILE PLM

Jan. 25, 2024
Gain insight on best practices and strategies you need to accelerate engineering change management and reduce time to market. Register now for your opportunity to accelerate your...

Transformative Capabilities for XaaS Models in Manufacturing

Feb. 14, 2024
The manufacturing sector is undergoing a pivotal shift toward "servitization," or enhancing product offerings with services and embracing a subscription model. This transition...

Shifting Your Business from Products to Service-Based Business Models: Generating Predictable Revenues

Oct. 27, 2023
Executive summary on a recent IndustryWeek-hosted webinar sponsored by SAP

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!