Wal-Mart cuts 700 HQ jobs

Will boost NYC fashion office

James Mammarella, February 11, 2009

Bentonville, Ark. – Merchandising, marketing, real estate and support jobs here will be cut – between 700 and 800 here received their pink slips yesterday, as Wal-Mart Stores Inc. made reductions it said fit its strategic goals.

Wal-Mart spokesman David Tovar told HTT that the company was at the same time planning to increase the head count in the New York apparel and fashion office. Tovar said the retailer will shift more of “the buying and planning function from Bentonville to New York.” 

Linda Heffner remains as evp home. Tovar noted that the positions eliminated range from buyer up through most levels, but not into the vice president level. Walmart U.S., Sam’s Club, and Wal-Mart Stores Inc. corporate staff each took their share of position cuts. 

Tovar emphasized that Wal-Mart still will hire new employees “in the tens of thousands” during 2009 – the company added 33,800 jobs in the U.S. last year – and plans to open 125 to 140 new stores in the U.S., mainly supercenters. “Our store and club growth plans are still the same,” he told HTT.

Featured Video

  • Live From New York: Fashion Comes Across the Pond

    Camera Icon More Videos

Subscribe to
Home & Textiles Today eDaily
Receive the news you need to know about the trends in the industry delivered right to your inbox.

CURRENT ISSUE

HTT Cover October 2017

See the October 2017 issue of Home & Textiles Today. In this issue, we look at the Top 25 Online Retailers.  H&TT's exclusive annual ranking of the biggest online sellers of home textiles finds that while pure play etailers continue to fly, bricks & clicks are digging into omnichannel. See details!