Wal-Mart Brings in China CEO to Head Up Struggling U.K. Unit

Updated on
  • Asda chief to be replaced as grocer’s sales continue to fall
  • Move shows Andy Clarke is ‘out of the loop,’ analyst says
Sean Clarke

Sean Clarke

Source: Wal-Mart Stores, Inc.

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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