Wal-Mart Bharti Venture - Top management from Wal Mart
The new Wal Mart and Bharti retail chain is expected to start opening its stores from August next year onwards. The recruitment process is expected to start soon and it is likely that the top slots will be kept by Wal Mart itself. Wal Mart has huge experience in the industry and they do not want to put the new venture solely in the hands of indian managers. However the CFO of the new venture is likely to be an Indian. Wal Mart is expected to bring Randy Guttery and Lance Retigg to spearhead the operations of the new venture. The crucial areas of operations like sourcing, merchandising and logistics will be managed by the Wal Mart team.