Walmart is combining its online and store product-buying teams, in a bid to reduce conflict and boost profits at its e-commerce business, whose sales are on track to approach $50 billion this year
Walmart Inc. is combining its online and store product-buying teams as the country’s largest retailer seeks to reduce conflict between the units and increase profits at its e-commerce business, whose global sales will approach $50 billion this year.
Previously, product manufacturers selling their wares both on Walmart.com and in Walmart’s stores had to pitch two separate buying teams. The teams sometimes clashed over pricing differences between products on- and offline, as well as over plans to use stores to facilitate online...
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