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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,...

Wal-Mart announces global responsible sourcing initiative at China Summit

Wal-Mart Stores took the next step in its sustainability journey by hosting an unprecedented gathering of more than 1,000 leading suppliers, Chinese officials and NGOs in Beijing, China. The company outlined a series of aggressive goals and expectations to...

Wal-Mart plans to open in Russia

Wal-Mart, as part of its initiatives for international expansion, has planned to open in Russia and surrounding countries.Wal-Mart vice-chairman Mike Duke said: "We are aggressive in addressing certain opportunities that needed to be addressed and will ramp up our...
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Malabar Group’s Playaza to launch Rs 20 crore FEC in Kochi

The 23,000 sq. ft. outlet will be located at Centre Square Mall, MG Road, Kochi Bengaluru: Retail conglomerate Malabar Group’s...
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