September 15, 2005

David Wild Named President of WM Germany

The bio released is a little obscure:

Wild joined Wal-Mart Stores Inc. in 2004 and moved to Germany as chief merchandising officer. Before that, Wild spent 18 years with a global retailer based in Britain, during which time he spent six years as the company's chief executive for central Europe, Wal-Mart said in a statement.

The Associated Press article doesn't state which "global retailer", perhaps assuming you've never heard of Tesco. Bloomberg fills in the details:
Wal-Mart's 88 stores in Europe's largest economy missed the company's sales target in the second quarter as consumers scaled back spending, Wal-Mart Treasurer Jay Fitzsimmons said last month. The company is remodeling its outlets and overhauling its logistics network to boost earnings in an economy where unemployment is near a post-World War II high.

Posted by Kevin at 9:04 AM