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• The Wall Street Journal reports that in the wake of Walmart's $3.3 billion acquisition of Jet and installation of Jet founder Marc Lore as leader of all its digital operations, there is some churning of the ranks.

According to the story, " The departures include Fernando Madeira, head of, and Brent Beabout, senior vice president of e-commerce supply chain, a spokesman said. Mr. Beabout left in recent weeks and will be succeeded by co-founder Nate Faust, who will lead fulfillment operations for and Mr. Fernando will leave after helping Wal-Mart with its Brazilian website and several other projects."

More changes are expected to follow as Lore evaluates the organization and seeks to remake it to his own liking.
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