Jet.com News

Ever since Amazon made online retail the ultimate battleground for modern stores, Walmart has been trying to merge its physical store and online operations. Right now, their finance executives are reshuffling as they merge Jet.com into their online services. The Bentonville company stated in a memo that they would merge the U.S. Finance group into the greater overall finance team. The combined U.S. segment team will be led by Michael Dastugue, the company’s U.S. Finance Chief. The Finance Chief for Sam’s Club, Steve Schmitt, will be the CFO for the e-commerce division.