Fake It Until You Make It: Walmart Whistle-Blower Claims Cheating in Race With Amazon

From an article on Bloomberg today:

 

In its race to catch Amazon.com Inc. in online retailing, Walmart Inc. issued misleading e-commerce results and fired an executive who complained the company was breaking the law, according to a whistle-blower lawsuit. Walmart shares fell as much as 2 percent.

Tri Huynh, a former director of business development at Walmart, claims he was terminated “under false pretenses” after repeatedly raising concerns about the company’s “overly aggressive push to show meteoric growth in its e-commerce business by any means possible — even, illegitimate ones.”

Read the full article here: https://www.bloomberg.com/news/articles/2018-03-15/walmart-whistle-blower-claims-retailer-cheated-to-catch-amazon

 

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