Rosalind Brewer, right, CEO of Sam’s Club and John Brewer arrive for a state dinner at the White House for Singapore’s prime minister on August 2, 2016. (AP photo by Pablo Martinez Monsivais)
After five years as Sam’s Club CEO, Rosalind Brewer will step down at the end of January, the Bentonville-based company announced in an SEC filing Friday.
“In recent years,” The Consumerist reports, “Ms. Brewer has led the warehouse store’s efforts to compete for Costco’s more affluent shoppers, but as sales at the Walmart-owned chain remain unremarkable, Ms. Brewer will soon retire.”