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Wal-Marts Sam’s Club promotes its chief merchandising officer to CEO

Sam’s Club, the warehouse format of Wal-Mart Stores Inc., will have a new CEO next month. Wal-Mart has named John Furner executive vice president and CEO of Sam’s Club, effective Feb. 1, according to a filing with the Securities and Exchange Commission. Furner replaces Rosalind Brewer, who announced her retirement Thursday. Furner has been executive […]

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