Wal-Mart Stores, Inc. (NYSE:WMT) To Go On A Hiring Spree
Wal-Mart Stores, Inc. (NYSE:WMT) is planning on creating hundreds of management positions for its fresh foods sections as part of its strategy for improvement.
One of the company’s spokespersons revealed that the decision to create new managerial positions for the fresh foods is part of the company’s new program that seeks to improve the company’s food sections across all its stores in the US. The company is currently the largest grocer in the country. So far it has already employed 30 field managers and intends to employ many more managers over the next three years.
The new managers will be responsible for training the other workers in the company as well as making new enhancements that will improve the fresh foods divisions in the stores. The plan was initially revealed during the annual suppliers meeting in Indianapolis last week and was confirmed by Walmart spokesman Lorenzo Lopez on Wednesday. He stated that the retailer’s plan with the program is to the quality and reliability of fresh foods. He however did not reveal the exact number of positions that will be available.
The plan was introduced by the company’s head of operations in the US, Mr. Greg Foran. He believes that his emphasis on the fresh foods will boost the company’s sales. It is also a competitive strategy against other grocery stores operated by other supermarket chains such as H-E-B and Publix Super Markets. The firm has 4,600 stores distributed all over the US.
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One of the company’s executives revealed that the new managers will each oversee operations in ten stores. This was revealed during the suppliers meeting. Walmart has been working on attracting customers back to its stores by boosting the efficiency of its operations and restocking. The company is also placing more focus to its employees. It recently increased starting salaries for more than 500,000 employees out of the 1.2 million people that the company has hired in the US. The company has also warned investors that profits will be low this year due heavy investments.