Chris Cracchiolo, the leader of Walmart’s membership program it launched in a bid to compete more closely with Amazon, has left the company, according to a post on his LinkedIn profile. The leadership shakeup comes as Walmart makes inroads with higher-income shoppers in search of bargains. Cracchiolo joined Walmart in mid-2021 to oversee its Walmart+ program from American Express, where he led...
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What a Brazilian Steakhouse Says About the Tech Economy
Hi, welcome to your Weekend.One of my favorite tech memes is the “We’re so back” post, the kind that pokes fun at the industry returning to the good old days of expensive perks and wine-soaked dinners.I had a real-life “We’re so back” moment this week when I attended a bacchanalian feast thrown by Bain Capital Ventures at Fogo de Chão in San Francisco. Bain Capital’s private equity arm...
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