• The Wall Street Journal this morning reports that Wal-Mart is moving Carter Cast, CEO of its WalMart.com subsidiary, over to its US stores division to oversee business strategy and strategic planning.
Raul Vazquez, former chief marketing officer for Wal-Mart’s web subsidiary, now becomes CEO for the dot-com.
Both men report to Eduardo Castro-Wright, the head of U.S. stores who himself was recently reported to be changing jobs within the company – mistakenly, as it turned out.
Still, as the Journal notes, the new moves come as Wal-Mart grapples with less than inspiring same-store sales growth, and “after Wal-Mart in January shifted former Chief Marketing Officer John Fleming into a top merchandising role and announced the impending retirement of merchandising executive vice president Doug Degn. The Bentonville, Ark.-based retailer also shuffled several senior vice presidents in its merchandising operation and narrowed executive vice president Claire Watts's responsibilities to the apparel division.”
• Wal-Mart reportedly has opened 29 new in-store medical clinics , almost doubling the number of such facilities it operates to 57.
Raul Vazquez, former chief marketing officer for Wal-Mart’s web subsidiary, now becomes CEO for the dot-com.
Both men report to Eduardo Castro-Wright, the head of U.S. stores who himself was recently reported to be changing jobs within the company – mistakenly, as it turned out.
Still, as the Journal notes, the new moves come as Wal-Mart grapples with less than inspiring same-store sales growth, and “after Wal-Mart in January shifted former Chief Marketing Officer John Fleming into a top merchandising role and announced the impending retirement of merchandising executive vice president Doug Degn. The Bentonville, Ark.-based retailer also shuffled several senior vice presidents in its merchandising operation and narrowed executive vice president Claire Watts's responsibilities to the apparel division.”
• Wal-Mart reportedly has opened 29 new in-store medical clinics , almost doubling the number of such facilities it operates to 57.
- KC's View:
