Walmart shuffles executives after vacation season, chief service provider departing

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Walmart shuffles executives after vacation season, chief service provider departing

Cashiers ring up customers at a Walmart retailer in Burbank, California.Patrick T. Fallon | Bloomberg | Getty PhotographsWalmart is shuffling its g


Cashiers ring up customers at a Walmart retailer in Burbank, California.

Patrick T. Fallon | Bloomberg | Getty Photographs

Walmart is shuffling its govt crew after the 2019 vacation season.

The corporate’s chief service provider Steve Bratspies is about to depart, in accordance with an inside memo despatched to workers Friday by Walmart U.S. CEO John Furner, which was reviewed by CNBC.

Scott McCall will change Bratspies, the memo stated. McCall most lately led leisure, toys and seasonal at Walmart.

“I’m extremely pleased with what we have now completed as a crew …” Bratspies stated in an emailed assertion, reflecting on his 14 years on the firm. “I’ll at all times cherish my Walmart household and take satisfaction within the development we fueled collectively, however it’s time for a brand new problem. I’m enthusiastic about what’s forward for me and for Walmart.”

Walmart has but to report its vacation gross sales, whereas rival Target earlier within the week stated its 2019 season missed its estimates as a consequence of weak spot in toys and electronics. Amazon, meantime, stated it had a “report” vacation season, although it hasn’t disclosed precise figures. Industry-wide holiday sales climbed 4.1%, in accordance with the Nationwide Retail Federation, a number one business commerce group.

Walmart is about to report its fourth-quarter and full-year outcomes subsequent month.

Bratspies’ departure marks the newest in a string of administration modifications at Walmart in…



cnbc.com