Lee Scott

Wal-Mart International appoints Doug McMillon as new President, CEO

Supermarket chain Wal-Mart stores has announced the appointment of Doug McMillon as the new President, CEO of Wal-Mart International from February 1. Presently, McMillon is the president and CEO of Sam's Club. McMillon will replace Mike Duke, who was...

Mike Duke to be Wal-Mart’s next CEO

Wal-Mart Stores Inc, the world's largest retailer, has said that its CEO Lee Scott will retire next February. Scott will be succeeded by Mike Duke, who heads company’s international operations. Rob Walton, chairman of the Wal-Mart board of directors said,...

Recovery in US buoys WalMart

World’s leading American retailer, Wal-Mart, had a 11 per cent jump in third-quarter profits as its US business showed an “improved performance.” The retail giant posted an operating profit of US$ 4.9 billion for the three months ending October as...

Wal-Mart 4Q profit rises 9.8 per cent contradicting all expert estimates

Wal-Mart Stores Inc. reported its fourth-quarter profit grew 9.8 per cent, and issued a bullish forecast for the world's largest retailer. Profit for the period ended Jan. 31 was US$3.94 billion, or 95 cents per share, compared to $3.59...
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Adidas Originals opens its first store in Lucknow at Lulu Mall

The store will feature the latest collection of Adidas Originals including Superstar, Stan Smith, NMD, EQT, Crazy and Forum,...
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