Wal-Mart Is Simplifying Its Sprawling U.S. Store Operations
- Number of divisions is said to be reduced to four from six
- Streamlined structure will improve execution, spokesman says
An employee pulls a forklift at a Wal-Mart store in Los Angeles.
Photographer: Patrick T. Fallon/BloombergThis article is for subscribers only.
Wal-Mart Stores Inc. is reorganizing its U.S. store operations to simplify the sprawling business, part of a bid to maintain growth and compete with the likes of Amazon.com Inc.
The idea is to react more quickly to changes and better communicate, said spokesman Kory Lundberg. According to a person familiar with the overhaul, the retailer will consolidate its U.S. business to four divisions, down from six, each of which is managed by a senior vice president.