Walmart said that Redfield’s departure, effective May 1, was so that he could spend more time with his family.
The company recently reiterated its weaker-than-expected February forecast for sales and profits over the remainder of 2023.
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Walmart’s Merchandising Chief Steps Down in Tough Sales Climate
Walmart has announced the departure of its chief marketing officer, Charles Redfield, as the retail giant faces a more challenging year ahead. So reports CNBC.