Sam's Club restructures to focus on grocery

Walmart's Sam's Club (NYSE:WMT) made moves in its merchandising leadership team, separating its food and beverage businesses into two divisions, as the wholesale club implements its reinvention plan.

Sam's Club CEO Rosalind Brewer recently announced driving relevant merchandise as a top priority in the comeback strategy, which aims to improve financial performance.

The reinvention plan specifically includes differentiating its assortment by adding 20 percent to its organic offerings, providing an impetus for organizational restructuring. 

The most recent management changes were announced in an internal company memo from John Furner, Sam's Club's recently appointed chief merchandising officer, Talk Business & Politics reported.

Toby Noiles was hired from online grocery delivery company FreshDirect and will become Sam's Club's senior VP, general merchandise manager of grocery and beverage. Noiles was chief merchandising officer at FreshDirect and spent 29 years prior in management roles at Safeway.

Those reporting to Noiles effective Nov. 2 include the VPs and divisional merchandise managers of dry grocery; regional buying of food and beverage; adult beverage; and tobacco candy, auto fluids and wholesale trading.

In addition, Bryant Harris, senior VP and general merchandise manager of food and beverage, will fill a newly created role—general manager of fresh. Reporting to Harris will be the VPs and directors of freezer/cooler, produce, fresh operations, café and bakery.

"We are making a few changes in our merchandising division to ensure that we have our associates, our best resources, focused in the right areas to achieve our company strategy goal of driving relevant merchandise and delivering better value for our members," according to the memo.

For more:
-Read the Talk Business & Politics article

Related Stories:
Sam's Club launches daily online deals
Sam's Club expands 3D printing to all stores
Walmart buys PunchTab to improve Sam's Club customer experience
Walmart makes moves within exec merchandising team
Big layoffs imminent at Whole Foods, Walmart, Sam's Club