Walmart must hire someone who can stop the bleeding at its online business
13 July 2019 - 07:00
New York — Walmart has a hole to fill at its online unit, and whoever assumes the role faces a big challenge ahead.
The company is searching for a new chief revenue officer for its US e-commerce business, who would work under online leader Marc Lore to help map out its battle plan against Amazon.com, Target and other rivals. The yet-to-be-named executive will also work to stem the online businesses’ mounting losses in an increasingly competitive digital arena...
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