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 […]
(Reuters) – Wal-Mart Stores Inc said on Thursday it was launching a new domestic money transfer service called Walmart-2-Walmart in partnership with Euronet Worldwide Inc subsidiary Ria Money Transfer, competing directly with Western Union Co. The service, to be launched on April 24, will let customers transfer money to and from more than 4,000 U.S. […]
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