date:Jun 09, 2014
its chief executive in November to help stanch the fall in sales and improve its image following the Mexico scandal. He took the helm in February, replacing 64-year-old Mike Duke.
Wal-Mart said on Friday it was doubling down on small-format stores, typically one quarter the size of its supercenters, to broaden its customer base and fend off aggressive rivals.
The company, which operates nearly 350 smaller stores, said it would build 200 more Neighborhood Market stores and 80-100 Wal-Mart Expr