At the mega-retailer’s 18th Annual Meeting for the Investor Community event this week, Walmart U.S.’s chief merchandising officer Duncan Mac Naughton cited a boost in basics across the board – merchandise assortment, price and in-store message – as one of Walmart U.S.’s tenets in its effort to improve business and streamline expenses.
Home will follow the same path as apparel, which was recently revamped to center on core necessities like socks, underwear, jeans and tops.
Learn more about Walmart at their website and learn about other clothing retailers at the Apparel Search website.