Change at the top for Wal-Mart Archives - Just Food
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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, arch-rival Wal-Mart looked within and appointed Mike Duke, the head of its international operations, to...

US: Wal-Mart names 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 president and CEO.

US: Wal-Mart cuts outlook despite gains

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, on concerns that currency exchange will have a negative impact on its international business.