Wal-Mart, the world’s largest retailer, yesterday surprised investors 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.
Buoyant Wal-Mart delivers
a surprise with change of chief
By Jonathan Birchall in New York
Published: November 21 2008 17:45 | Last updated: November 21 2008 17:45
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