Losing 2 major executives in e-commerce definitely is a loss for Walmart. The outlook seems not that great if Walmart could not find another capable executive in progressing e-commerce
What Went Wrong In Walmart's Success Story?
On Thursday, Walmart (NYSE: WMT) posted a record $152 billion in fourth quarter sales, but U.K. tax charges trimmed its bottom line and planned investments resulted in weaker-than-expected fourth-quarter earnings. Along with tepid fiscal-year outlook, shares went down.