Wal-Mart Brings in China CEO to Head Up Struggling U.K. UnitSam Chambers and Paul Jarvis
Asda chief to be replaced as grocer’s sales continue to fall
Move shows Andy Clarke is ‘out of the loop,’ analyst says
Wal-Mart Stores Inc. chose the leader of its China unit to replace Andy Clarke atop its U.K. Asda chain, a surprise move just days after Clarke indicated he would be succeeded by the company’s new chief operating officer.
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