Marc Lore Won’t Leave Walmart
Marc Lore, president and CEO of Walmart’s (WMT) e-commerce business, dismissed exit rumors when he told CNBC that he is “absolutely not” leaving Walmart. Earlier, the New York Post reported that the founder of Jet.com could leave Walmart following the company’s waning digital sales growth rate. Speculation also gained steam after news surfaced that Liza Landsman, president of Jet.com, decided to leave and join a venture capital firm.