Fleming Leaving Walmart
July 2, 2010,
BENTONVILLE, Ark.--John Fleming, who helped lead Walmart on an unsuccessful trade-up strategy and then refocused the merchandising on value, is leaving the company, effective Aug. 1.
Fleming, who has been chief merchandising officer, will be succeeded on an interim basis by two executives. Jack Sinclair, executive vice president and general manager, grocery, will oversee food and health and wellness merchandise. John Westling, executive vice president, planning, pricing and replenishment, will oversee general merchandise and replenishment.
That was enormously successful during the downturn in retail over the past two years although more recently Walmart has suffered as consumers have begun to loosen up their purse strings again.
Fleming's announcement comes just three days after the news that chief operating officer Bill Simon would take over as president and CEO of U.S. operations, succeeding Eduardo Castro-Wright who shifted to lead the retailer's e-commerce unit Global.com and its global sourcing division.
Other Articles By Author
Patti Carpenter Talks Color and its Importance in the Home
HFN's DIGITAL EDITION
COVER STORY: Sharpening the Focus on Millennials
Find out what makes Millennials tick when it comes to home decorating, shopping and at-home entertaining with HFN's annual consumer study. Turns out, Millennials favor the in-store shopping experience.
ALSO IN THIS ISSUE:
- Power of the People - Crowdfunding campaigns provide needed capital, feedback for home and housewares product launches.
- Omnichannel Retailing: Visual Search Takes Off - Learn how voice and visual search are revolutionizing product discovery.