Report: Walmart reorganizing U.S. store ops
Walmart is simplifying its U.S. business as it looks to respond more quickly to the accelerating pace of change in the retail industry.
The discounter is consolidating its six divisional groups into four and its 44 U.S. regional groups to 36, reported Bloomberg.
“Our last field restructure was several years ago and our business has changed over that time,” spokesman Kory Lundberg said in a statement to Bloomberg. “The structure we are putting in place will help improve communication and execution, streamline decision-making and help us accelerate our pace of change.”
since they have already announced a store closing under "does not fit Business model" in Minnesota by end of October this is the companies new way of saying more store closings are coming. they stated the lease was expiring and where not going to renew it
Walmart should never have withdrawn the price matching from competitors. I shop much LESS at Walmart now because of this.