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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.


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Feb 13, 2018, Sweden:
The company began renting out furniture and buying its own products, second-hand.
Feb 9, 2018, United Kingdom:
Plans are in place to enhance the entrance experience, car park, internal furniture, shop fronts, signage and wayfinding.
Feb 8, 2018, Canada:
Plans are underway to redevelop the shopping mall into the mixed-use community spanning 28-acres.
Feb 5, 2018, United Kingdom:
Cheshire Oaks Designer Outlet announces the start of construction on a new phase.
Feb 1, 2018, Germany:
Spaces at new F&B area at MyZeil Frankfurt successfully leased to exciting food concepts.
Feb 1, 2018, France:
CEO of the popular brand of clothing and equipment for surfers and snowboarders Pierre Agnes is missing in the sea off French coast.
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