Wal-Mart’s U.S. Merchandising Chief Fleming to Leave
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Wal-Mart Stores Inc.’s U.S. merchandising chief will leave the world’s largest retailer after a plan to remove some products from stores contributed to a decline in sales.
John Fleming will depart on Aug. 1, Wal-Mart said today in a regulatory filing. Until a replacement is named, Wal-Mart gave additional duties to Jack Sinclair, head of the U.S. grocery unit, and John Westling, executive vice president of planning, pricing and replenishment, U.S. Chief Executive Officer William Simon told employees in a memo today.