Wal-Mart Stores re­struc­tures US op­er­a­tions to speed up change

Business World - - WORLD BUSINESS -

CHICAGO — Wal-Mart Stores, Inc. is re­struc­tur­ing its US store op­er­a­tions and will con­sol­i­date its busi­ness di­vi­sions from six to four, the com­pany said on Tues­day.

“Our last field re­struc­ture was sev­eral years ago and our busi­ness has changed over that time,” the com­pany said in a state­ment. “The struc­ture we are put­ting in place will help im­prove com­mu­ni­ca­tion and ex­e­cu­tion, stream­line de­ci­sion mak­ing and help us ac­cel­er­ate our pace of change.”

Wal-Mart’s di­vi­sions are cur­rently struc­tured across the West, South East, South Cen­tral, Mid­west and Mid-At­lantic, a source fa­mil­iar with the mat­ter, who did not wish to be iden­ti­fied said. The new di­vi­sions will take on a “dif­fer­ent look”, the source said with­out giv­ing de­tails.

As part of the re­struc­tur­ing, Wal-Mart will have 36 re­gional man­agers in­stead of 44. The re­tailer ex­pects to fin­ish the re­struc­tur­ing by Oc­to­ber, the source said.

The com­pany has been con­sol­i­dat­ing func­tions since the start of the year. In Fe­bru­ary, Reuters re­ported the com­pany would con­sol­i­date its buy­ing op­er­a­tions to bet­ter fight Ama­zon. com, Inc. and the re­tailer’s buy­ing team based at Ben­tonville, Arkansas, head­quar­ters will place com­bined store and web or­ders with sup­pli­ers who sell on both plat­forms.

It also re­or­ga­nized its food lead­er­ship teams in July in an ef­fort to com­pete bet­ter with gro­cery ri­vals. —

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