Walmart exec joins JLL e-commerce team
Matt Powers, who formerly held a high-level real estate executive role at Walmart, is shifting professional gears.
Powers has joined real estate services firm JLL Inc. as an executive VP who will serve on the company’s Retail e-commerce Distribution (ReD) platform. He will help advise retailers on their distribution real estate strategies and implement solutions that help clients achieve their supply chain, e-commerce and omni-channel operational goals.
“E-commerce is rapidly changing and expanding, which impacts supply chain networks worldwide,” said Craig Meyer, president of industrial brokerage and capital markets, JLL Americas. “With Matt’s breadth of experience at Walmart – the world’s largest retailer – our clients will gain a competitive edge. He is a great addition to our platform.”
Powers was previously the director of realty acquisitions for Walmart, in which he developed, maintained and executed the strategic plan for Walmart and Sam’s Corporate Properties’ industrial real estate. He oversaw a 150 million-sq.-ft. portfolio, including a national fulfilment center network that enabled two-day and same-day delivery.