Retail News

Walmart CEO wants to turn focus from e-commerce back to Supercenters

The Wall Street Journal 12/21/2019

Speaking to company executives at a recent strategy meeting, Walmart CEO Doug McMillon seemed to set a new course that would represent a distinct turnaround from the aggressive build-out of its e-commerce and digital-native brands set to transform the company only a year ago. The chief exec said Walmart should re-focus on its Supercenters and the infrastructure that surrounds them, leveraging the customer data and warehousing to be sold to third parties.  Mr. McMillon also suggested that the company would develop “edge computing” capabilities in efforts to process and deliver large qualities of localized data to such systems as autonomous vehicles more quickly than possible with cloud processing.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!