Walmart execs pay price for execution woes: Analysts

Walmart execs pay price for execution woes: Analysts

"A lot of it comes down to execution in fresh food.” —CRAIG JOHNSON, Customer Growth Partners

Rapid churn at the top executive ranks at Wal-Mart Stores continued as a new chief operating officer and a shaken-up merchandising team take on new roles.

The changes come as the retailer continues to lag sales growth of major U.S. competitors including Kroger and Costco — a lag resulting at least in part from a culture focused too sharply on efficiency and scale at the expense of in-store execution, industry analysts told

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