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Wal-Mart’s Japan chief resigns unexpectedly
Tokyo -- A Monday report by the Financial Times said that Walmart’s chief executive in Japan has resigned suddenly, just over a year after he assumed the position.
Toru Noda became CEO of Walmart Japan and Seiyu, its Japanese supermarket chain, in February 2010. He has cited personal reasons for the unexpected departure.
Noda will be replaced by Steve Dacus, former COO of both Walmart Japan and Seiyu.
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Aldi, Westfield Chicago Ridge, Chicago Ridge, Ill.
Discount grocer Aldi has made its U.S. mall debut, opening in Westfield Chicago Ridge, an 800,000-sq.-ft. enclosed shopping center in suburban Chicago Ridge, Ill. The mall is a property of The Westfield Group.
Brightly lit and colorful, the 20,000-sq.-ft. Aldi resembles a prototypical Aldi in most respects.