Fernando Madeira comes to his new job as head of online business for Wal-Mart Stores Inc with a reputation as an e-commerce whiz, having engineered a surge in the retailer’s online sales in Latin America. In his enlarged role, the Brazilian company veteran will face a more formidable challenge – taking on Amazon.com Inc in […]
Wal-Mart Stores Inc said Joel Anderson, chief executive of its United States website, Walmart.com, would step down, at a time the company plans to speed up investments in technology to boost sales at its fast-growing e-commerce business. Fernando Madeira, CEO of Latin America eCommerce at Wal-Mart, will replace Anderson, according to a company memo seen […]
FAYETTEVILLE, Ark. (AP) — Wal-Mart is expanding its online tool that compares prices on thousands of products with those of some of its competitors to cities nationwide in the next few months.
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