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Walmart names senior VP
Bentonville, Ark. -- Wal-Mart Stores announced Wednesday that it has promoted Jeff Davis to the position of senior VP and treasurer, effective Dec. 1.
In his new role, Davis will assume responsibility for treasury operations, capital markets, investor relations and risk management. Davis succeeds Charles Holley, who has been named to the position of executive VP and CFO, also effective Dec. 1.
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Report: BJ’s close to hiring adviser for possible sale
New York City -- A report circulated Wednesday said that BJ's Wholesale Club may be close to hiring an adviser to explore strategic alternatives.
According to the New York Post, which cited an unnamed source, one alternative could be a sale to a private equity firm.