Change happens after a series of quarters with disappointing results.
Wal-Mart is replacing the CEO of its US operations. Bill Simon steps down immediately. His replacement, the CEO of Walmart Asia, steps in August 9. Continue Reading
Walmart was quick to dismiss the Black Friday strikes at their stores as a failure, claiming it had record Black Friday sales regardless. But last week, Walmart's U.S. president and CEO Bill Simon made an announcement that led some Walmart organizers to believe they were finally handed a victory. Continue Reading