The retailer has appointed Mario José Medina as Senior Vice President and Chief Financial Officer, while Del Sloneker has been named as new Chief Operating Officer.Medina was Chief Executive Officer of Walmart Chile at the time of his appointment. Sloneker previously served as Senior Vice President in several functions at Wal-Mart Stores.
In the meantime, Walmart is continuing its push into India, announcing plans to open up to 20 megastore wholesale outlets with joint partner Bharti Enterprises.
The venture between the two companies currently operates four Best Price wholesale stores in Punjab state and one in both Rajasthan and Madhya Pradesh.
According to a report by AFP, Bharti Walmart chief executive Raj Jain said the company planned to open eight to 10 stores in 2011 and the same number the following year.
No comments:
Post a Comment