Wal-Mart Stores Inc. has moved Arvind Mediratta, chief operating officer (COO) of its Indian unit, to the US retail business as a senior vice-president, according to two company officials familiar with the matter. Mediratta will be based at the headquarters of the world’s largest retailer in Bentonville, Arkansas, said the people who asked not to be identified as they aren’t authorized to speak with the media. The Indian executive’s move comes a month after Wal-Mart picked Asia chief Greg Foran to head its US business replacing Bill Simon. Foran inherited a chain wedded to an outdated big-box model, struggling to boost sales in its stores and online and losing customers because it can’t keep shelves adequately stocked.

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