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Bloomberg is reporting that Walmart’s Sam’s Club division “is restructuring its product-purchasing team … the warehouse club retailer will consolidate what had been six buying roles into three: merchant, senior merchant and divisional merchandise manager. The reshuffle, effective Feb. 3, will not result in a loss of jobs.”

A spokesperson says that the streamlining is designed “to give experienced employees a chance to select the most successful products.”

Bloomberg notes that “the move comes less than two weeks after Sam’s closed 63 locations following a review of operations at the chain, which competes against Costco Wholesale Corp. and BJ’s Wholesale Club. Its parent company also is revamping its organization and cutting jobs, part of Chief Executive Officer Doug McMillon’s efforts to streamline the business and better compete with Inc. and other rivals.”
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