Wal-Mart Stores Inc, already struggling to woo shoppers constrained by higher taxes, is “getting worse” at keeping shelves stocked, the retailer’s U.S. chief told executives, according to minutes of an officers’ meeting obtained by Bloomberg News.
Wal-Mart Stores Inc.’s board, as it prepares for new leadership at the company, has identified two internal candidates to succeed Chief Executive Officer Mike Duke, according to a person familiar with the situation.
Wal-Mart Stores Inc.’s U.S. chief Bill Simon urged companies to create domestic manufacturing jobs, saying the effort is good for businesses as it cuts costs by having goods produced closer to where they are consumed.
Bill Simon, managing director of retirement plan services at Brinker Capital Inc., says the inclusion of exchange-traded products in 401k plans can be a catalyst for growth in the ETF industry. Bloomberg Radio's Catherine Cowdery reports on Exchange Traded Funds.