Walmart

San Jose, Calif. – While Amazon.com may be happy about its exact sales performance during its July 15 Amazon Prime Day sales event, social media response probably did not meet Amazon’s expectations.

While the social buzz regarding Amazon Prime Day on Wednesday, July 15, has been not so prime, early reports indicate the event was a success sales-wise.

A former chief information officer at Walmart is joining retail technology firm Newgistics.

The company has hired Gene Wojciechowski as its chief information officer (CIO). Wojciechowski brings nearly 30 years of experience leading IT organizations at companies including Walmart.com, UPS Freight Services and Staples to his new role, where he’ll be tasked with providing executive leadership and strategic direction for all of Newgistics’ core technology operations.

Walmart's Asian business is regrouping after the founders of the retailer's e-commerce arm in China, Yihaodian, have left the company, according to Bloomberg.

The news service reported the company confirmed Wednesday that Yu Gang, Yihaodian’s chairman, and Liu Junling, the CEO, left to start a new venture.

New York -- A former chief information officer at Walmart is joining retail technology firm Newgistics.

Gene Wojciechowski has been named CIO of Newgistics, where he will be tasked with providing executive leadership and strategic direction for all of Newgistics’ core technology operations.

Bentonville, Ark. – Wal-Mart Stores Inc. is not backing down in its challenge to the upcoming July 15 Amazon “Prime Day” event. One day after reducing the minimum online purchase for free shipping from $50 to $35 and reducing prices on thousands of online items, Wal-Mart is going a step further and guaranteeing it will offer lower prices than Amazon.

New York -- Wal-Mart Stores is the subject of a lawsuit accusing it of wrongly denying employee benefits for same-sex spouses, Reuters reported. The lawsuit seeks nationwide class-action status.

Seattle -- Amazon has released an early preview of some of the deals that will be offered on July 15, as part of its first-ever Prime Day anniversary extravaganza. The promotion, which Amazon claims will be bigger than Black Friday, has caused Walmart to offer its own super-sale online on Wednesday.