Walmarts Mobile Chief Joins PepsiCo
Walmart’s head of mobile and digital, Gibu Thomas, has joined PepsiCo, according to Quartz. Thomas, who helped drag Walmart into the digital age and spearheaded the launch of @WalmartLabs, quietly left the mega-retailer and started at PepsiCo this month, a PepsiCo spokesman confirmed to Quartz.
The move comes as an increasing number of consumers are going online to shop for their groceries and other consumer products, shaking up an industry that had long considered itself immune from a shift toward Internet shopping.
But as Amazon, Walmart, Staples and other mega-retailers ramp up online grocery sales, manufacturers had no choice but to come along. While online sales of food and beverage make up only 2.2% of the $347 billion that eMarketer estimates will be spent on e-commerce retail in 2015, the category is growing at more than 12% a year.
“E-commerce is shaping up to be the next great revolution in the food and beverage industry,” PepsiCo CEO Indra Nooyi declared at the company’s annual shareholder meeting in May.
Click for the full article: Walmart’s mobile chief just joined PepsiCo to lead its new e-commerce push
The move comes as an increasing number of consumers are going online to shop for their groceries and other consumer products, shaking up an industry that had long considered itself immune from a shift toward Internet shopping.
But as Amazon, Walmart, Staples and other mega-retailers ramp up online grocery sales, manufacturers had no choice but to come along. While online sales of food and beverage make up only 2.2% of the $347 billion that eMarketer estimates will be spent on e-commerce retail in 2015, the category is growing at more than 12% a year.
“E-commerce is shaping up to be the next great revolution in the food and beverage industry,” PepsiCo CEO Indra Nooyi declared at the company’s annual shareholder meeting in May.
Click for the full article: Walmart’s mobile chief just joined PepsiCo to lead its new e-commerce push