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Wal-Mart U.S. Names Mac Naughton CMO
Wal-Mart U.S. on Friday tapped Duncan Mac Naughton as chief merchandising officer, responsible for all merchandise categories across the retailer's 3,700-plus domestic stores.
The appointment comes as Wal-Mart struggles to improve its performance after six consecutive quarters of declining same-store sales.
Mac Naughton succeeds John Fleming, who left Wal-Mart in August after he was passed over for the...