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Sam's Club's corporate supply chain team is merging into Walmart. Read the internal memo announcing the 'big step.' [Business Insider]

Costco Wholesale Corporation (COST)  More Company Research Source: Business Insider
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml?c=83830&p=irol-irhome
A spokesperson told BI the plan gives Sam's Club better access to resources and job cuts aren't expected. Sam's Club's corporate supply chain team is merging into the supply chain team of its parent company, Walmart, according to a memo obtained by Business Insider. In an email to staff, Walmart's head of supply chain operations, David Guggina, welcomed the wholesale club team into the fold and said the move will aid growth for the companies. "This is a big step in our growth journey, bringing together a supply chain that is future-ready to serve both Sam's Club and Walmart for the long-term," he said. "This change will enable us to move even faster and better leverage enterprise systems and infrastructure available to us." A Sam's Club spokesperson told BI the plan gives Sam's Club supply chain employees more seamless access to Walmart's vast enterprise resources, as well as providing a clearer career path within the company. Job cuts are not expected under the plan, the s [Read more]
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Stockreport

Sam's Club's corporate supply chain team is merging into Walmart. Read the internal memo announcing the 'big step.' [Business Insider]

Costco Wholesale Corporation  (COST) 
More Company Research Source: Business Insider
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml?c=83830&p=irol-irhome
A spokesperson told BI the plan gives Sam's Club better access to resources and job cuts aren't expected. Sam's Club's corporate supply chain team is merging into the supply chain team of its parent company, Walmart, according to a memo obtained by Business Insider. In an email to staff, Walmart's head of supply chain operations, David Guggina, welcomed the wholesale club team into the fold and said the move will aid growth for the companies. "This is a big step in our growth journey, bringing together a supply chain that is future-ready to serve both Sam's Club and Walmart for the long-term," he said. "This change will enable us to move even faster and better leverage enterprise systems and infrastructure available to us." A Sam's Club spokesperson told BI the plan gives Sam's Club supply chain employees more seamless access to Walmart's vast enterprise resources, as well as providing a clearer career path within the company. Job cuts are not expected under the plan, the s [Read more]
IMPACT SNAPSHOT
EVENT TIME:
COST
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
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MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
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TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
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