Walmart’s E-Commerce Chief Marc Lore To Leave After Jumpstarting Retailer’s Digital Business

Walmart U.S. e-commerce business leader Marc Lore is leaving the big-box retailer, nearly five years after it looked to the serial entrepreneur to help accelerate its online business, according a filing on Friday. Lore joined the company in 2016 when Walmart acquired Jet.com, the start-up that he co-founded, for $3.3 billion. The delivery service shipped groceries and other household items to largely younger, city-dwelling customers. Read more at CNBC.