Air New Zealand’s Greg Foran Profiled in Fortune

Greg Foran’s decision in 2019 to step down as CEO of Walmart’s $300 billion-a-year US business and lead Air New Zealand took retail industry observers by surprise, Phil Wahba writes in a profile for Fortune magazine.

After all, Foran, 59, is credited with revitalising Walmart’s massive fleet of 4500 stores and adapting them to e-commerce. Why would he walk away from one of the most prominent jobs in retail, and what did he know about running a small airline anyway?

When just days into the job, business screeched to a halt.

“We went from doing $100 million a week to nothing,” Foran says.

Original article by Phil Wahba, Fortune, October 14, 2022.

Tags: Air New Zealand  Fortune  Greg Foran  Walmart  

Pagerie Kitting Out Pets in Designer Accessories

Pagerie Kitting Out Pets in Designer Accessories

Reports show that the number of pet owners in the US and UK increased after Covid-19, and that people, especially millennials without kids, are willing to spend more on pooches, shopping…