WSJ: Wal-Mart names new e-commerce chief

|By:, SA News Editor

The WSJ reports Fernando Madiera, head of Wal-Mart's Latin American e-commerce ops, will now be the global head of, per a company memo.

In tandem with Madiera's promotion, U.S. chief Joel Anderson will be stepping down.

Wal-mart has forecast its e-commerce sales will hit $13B this year.