Tagged: greg foran

Wal-Mart Cuts Profit Outlook Amid Sluggish Sales, Less Traffic

by Associated Press 8/14/2014 7:26 am

Wal-Mart Stores Inc. cut its annual profit outlook on Thursday as the world's largest retailer faced another quarter of sluggish sales and traffic declines.

Bill Simon Stepping Down As Leader of Wal-Mart's U.S. Stores

by Lance Turner 7/24/2014 7:56 am

Wal-Mart Stores Inc. of Bentonville says Bill Simon, president and CEO of its U.S. stores, is leaving the company. The retailer named Greg Foran, 53, as his successor. Simon had been the leader of Wal-Mart's domestic operations since June 2010. Foran takes over on Aug. 9.