The board of directors of Wal-Mart Stores Inc has elected Charles Holley to succeed Tom Schoewe as the company's new chief financial officer (CFO). The change will be effective from November 30, 2010, and Schoewe will stay on until...
Wal-Mart, one of the largest retailers in the world, has warned that sales growth will slow down over the three years and has decided to cut out its plans on capital expenditure with less cash earmarked for opening new...