Walmart has announced two changes to its web team that will help in its ongoing fight against Amazon.com and encourage more online business.
Walmart.com President and CEO Joel Anderson has resigned from the company and moved on to discount teen retailer Five Below after three years with the company. Fernando Madeira, currently Walmart’s president of its Latin American e-commerce arm, will assume leadership of the American website in addition to maintaining his current duties, among others.
Walmart.com has hired approximately 1,000 employees to its e-commerce team in Silicon Valley in the last 18 months, as the company’s Brazil team increased by about 600 employees in the same time period. In addition, Walmart has announced three new e-commerce centres in Texas, Pennsylvania and Indiana over the past few months.
“It is important that we all understand the shift that has happened in technology and retail, what it means for us, and what we’re doing to win,” says Walmart CEO Doug McMillon.
