Change at the top for Wal-Mart

In the Spotlight – Mike Duke, Wal-Mart

This week has seen two major appointments shake the food retail landscape. Just days after Carrefour named a new CEO,…

US: Wal-Mart names new CEO

US retail giant Wal-Mart has announced that Mike Duke, currently head of its international businesses, will replace Lee Scott as…

US: Wal-Mart cuts outlook despite gains

Wal-Mart has cut its full-year earnings guidance, despite posting an improved performance in the first nine months of the year,…

US: Wal-Mart to shift capital towards emerging markets

Wal-Mart Stores is to shift more capital toward faster-growing emerging markets in the next five years in a bid to…