Walmart overhauls Jet.com as online business fails to deliver results

World News: . []

Walmart overhauls Jet.com as online business fails to deliver resultsWalmart Inc on Wednesday announced a sweeping overhaul at Jet.com, an e-commerce retailer it acquired in 2016 for $3.3 billion, and said it no longer needs a dedicated leader to run the online business. Walmart said it will integrate Jet.com's retail, technology, marketing, analytics and product teams with its own e-commerce business and current President of Jet, Simon Belsham, will oversee the transition through early August. Going forward, Kieran Shanahan, who oversees Walmart's food, consumables, health and wellness categories, will be responsible for Jet.com's strategy and management, in addition to his current role.


Read More: LINK 

Published: .

Search for other references to "walmart" on SPi News


Share

Previous StoryNext Story

SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2019. [Admin Only]
 
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 07519380.
 
Privacy Policy | Terms and Conditions | Contact Us