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Walmart Asia President and CEO Named
Wal-Mart Stores, Inc. has appointed Scott Price EVP, president and CEO, Walmart Asia. Effective Oct. 15, Price will report directly to Doug McMillon, president and CEO, Walmart International, and have responsibility for the company’s current operations in Asia, including China, India and Japan, in addition to business development in the Asia region. -
In the Future, Your Kids Won’t Shop the Way You Do
The way consumers shop for everyday products continues its transformation toward the Web. In 2008, online retail accounted for approximately 7 percent of total retail sales in the United States, with 1.5 percent of consumer packaged goods (CPG) spending done on the Web.