Walmart U.S. appoints Steve Bratspies as chief merchandising officer
Walmart U.S. has named Steve Bratspies chief merchandising officer for U.S. stores, effective Oct. 19. He will oversee all merchandise categories for more than 4,500 Walmart stores across the country. Bratspies joined the company in 2005 and was most recently executive vice president of food for Walmart U.S. Charles Redfield has been appointed executive vice president for food at Walmart U.S. Redfield joined Sam's Club as a cashier in 1988 and was most recently the executive vice president of merchandising for Sam's Club. John Furner has been named executive vice president of merchandising for Sam's Club. He was previously the chief merchandising and marketing officer for Walmart China. Wal-Mart Stores Inc. stock is down 22.4% for the year so far. The S&P is down 2.2% for the same period.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.