BENTONVILLE, Ark. — Walmart is streamlining its U.S. store operations to respond more quickly to change, according to published reports.
The consolidation will reportedly organize retailer’s domestic store operations into four divisions, down from six. As part of the restructuring, Walmart will also have 36 regional managers instead of 44, a source told Reuters.
“Our last field restructure was several years ago and our business has changed over that time,” the company said in a statement. “The structure we are putting in place will help improve communication and execution, streamline decision-making and help us accelerate our pace of change.”
The move is part of a larger consolidation effort under way at Walmart.
Earlier this year, Walmart announced that it would would consolidate its buying operations, allowing buyers to purchase for both Walmart’s website and its stores to better compete with Amazon.com. And in July, Walmart reorganized its food leadership teams, Reuters reported.