Walmart is simplifying its U.S. business as it looks to respond more quickly to the accelerating pace of change in the retail industry.
The discounter is consolidating its six divisional groups into four and its 44 U.S. regional groups to 36, reported
Bloomberg.
“Our last field restructure was several years ago and our business has changed over that time,” spokesman Kory Lundberg said in a statement to
Bloomberg. “The structure we are putting in place will help improve communication and execution, streamline decision-making and help us accelerate our pace of change.”