Wal-Mart, the world’s largest retailer, surprised investors on Friday with the announcement that Lee Scott, chief executive since 2000, would retire in February.
The move comes as the retailer is flourishing amid the economic downturn.
COMPANIES
Duke to replace Scott as Wal-Mart chief
By Jonathan Birchall in New York
Published: November 21 2008 15:31 | Last updated: November 21 2008 18:27
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