Target announced the resignation of its Chief Information Officer yesterday.
Today’s Wall Street Journal reports that a group of Yahoo investors have written a letter to company Chairman Maynard Webb questioning CEO Marissa Mayer’s leadership and calling on her to step down from Walmart’s Board of Directors in order to focus on Yahoo’s problems.
The evidence is piling up that Walmart will have to make massive new investments in an eCommerce distribution network in order to defend its position against Amazon.com and get back on a growth footing.
“There’s no substitution for boots on the ground in the store. No substitution. You can have all the technology you want but if you don’t get it out of the back room to the floor when the customer needs it, then that’s a lost cause.” – Drake Jackson, Category Manager (retired), Walmart
Must-read Walmart clips of the week
New Walmart lead director Jim Cash has an article out about how to “exploit IT for competitive advantage” in business, in which he rhapsodizes about IT’s role in promoting the “virtuous cycle of revenue growth and operational-efficiency improvements.”