Management Shake Up At Walmart

Disappointing sales growth at Walmart may have led to a series of management shake ups at our largest retailer, the latest of which involves the store’s website. According to Walmart’s Press Release, Walmart.com has a new CEO, Raul Vazquez :

Vazquez will retain oversight of all day-to-day operations at Walmart.com, and will focus on further integration of online and in-store capabilities that provide multi-channel options for customers, as well as expand the site’s overall merchandise assortment and product information.

CNNMoney blames sales:

“The changes follow disappointing sales growth in the United States after store renovations disrupted business and customers balked at some attempts to sell trendier merchandise.”

Yeah, but how does Vazquez feel about hentai? —MEGHANN MARCO

Wal-Mart Announces New Head of U.S. Business Strategy and Names New President and CEO of Walmart.com (Press Release) [Yahoo!]
(Photo: Clean Wal-Mart)