Walmart gears up for global online push

Walmart, the world’s largest retailer, has set up a new global e-commerce unit that it says will be tasked with driving online growth in new and existing markets, while reorganising its US Walmart.com business to bring it closer to its physical operations.

In a memo to Walmart staff, Eduardo Castro-Wright, head of Walmart’s US stores, said the new Global.com unit would seek online growth “both in developed markets where we currently have stores and an online presence and in markets where we don’t”.

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