Wal-Mart Changes Online Management as Two Executives Leave
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Wal-Mart Stores Inc., the world’s largest retailer, is transferring management of its e-commerce business to heads of stores in developed countries and said two online executives are leaving the company.
E-commerce leaders in markets such as the U.S., Canada and the U.K., will now report directly to the heads of stores in those countries instead of global e-commerce executive Eduardo Castro-Wright, Bentonville, Arkansas-based Wal-Mart said today in an internal memo provided to Bloomberg News.