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Wal-Mart shake-up results in the appointment of 13 merchandising executives



In the latest shake-up at Wal-Mart Stores Inc (WMT), 13 merchandising executives have been named.
Scott Huff is to become executive vice president, responsible for US merchandising. He joined the company as an intern during 1994, Bloomberg says.

Global Changes
The reshuffling comes after a new Walmart.com chief was appointed earlier this month and the Canadian CEO, Shelley Broader, was promoted to a new post responsible for Europe, Sub-Saharan Africa and the Middle East. The group announced during April that CEO of its Chinese unit, Greg Foran, will become the CEO and president of Asia. He replaces Scott Price, who will move to the company’s head office in Arkansas.

Michelle Glockler is filling the post as executive vice president of consumables and US manufacturing. John Aden, who was responsible for merchandising is set to become the executive vice president of US sales innovation.

Since being appointed CEO, Doug McMillon, has placed focus on reviving US growth. Earnings per share was projected at $1.28, but will reach $1.15 to $1.25. Company shares have declined 3.7% this year. At the close in New York, its stock gained 0.1% to reach $75.79.


More about shopping malls in the USA



Dec 12, 2018, Finland:
With the approach of the New Year holidays, we are launching a series of reviews on the most popular tourist destinations.
Dec 11, 2018, United Kingdom:
Amazon is preparing to open the first innovative Amazon Go store in London.
Dec 5, 2018, Japan:
The project is being developed in partnership with the Japanese video game manufacturer Bandai Namco Amusement.
Nov 29, 2018, Finland:
Among the tenants of Zsar Outlet Village are the stores of Hugo Boss, Lindt, Liu Jo, Guess, Roberto Cavalli, Braccialini and other brands.
Nov 27, 2018, France:
Located less than an hour from the center of Paris, Designer Outlet Normandie set to become a key attraction for international tourists.
Nov 21, 2018, Philippines:
The grand-scale store of the Swedish furniture giant released as tenant of Mall of Asia in Manila.
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