By Howard Lake2019-10-15T05:30:00
As it enters a crucial period in its ongoing domestic battle with Amazon, Walmart US has announced a change in its top leadership, with the business now to be helmed by an avowed technophile with a strong run of success on his CV.
Greg Foran, Walmart US president and chief executive, is to exit the company for a new post leading Air New Zealand in his native country. His replacement is John Furner, who has led the Sam’s Club warehouse club subsidiary since 2017.
A 25-year Walmart veteran, Furner brings extensive experience from the US and China and will take the reins from November 1.
He is credited with turning around Sam’s Club during his tenure. His strategy involved culling 10% of the store estate, overhauling range and merchandising, and driving ecommerce uptake.
Please sign in now if you have a subscription
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.