Marc Lore steps down as Walmart’s head of e-commerce

This began as the most expensive acquihire ($3.3 billion for I’ve ever seen and appears to have ended successfully. He’s leaving them in great shape as a credible competitor online. “Walmart CEO Doug McMillon credited Lore in a companywide email for the pace of the retailer’s e-commerce growth and its ability to keep up with online demand during the pandemic.” learn more

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