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Wal-Mart replaces departed China COO, CFO
Shanghai — Wal-Mart Stores Inc. announced it has appointed its current Canada finance chief Sean Clarke as COO over the company’s China operations, after former CFO Roland Lawrence and COO Rob Cissell left the company in May.
According to a report by Bloomberg, Clarke will be joined by Steve Smith, named chief marketing officer in China. Smith was senior VP at Delhaize Group.
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Jones Lang LaSalle to execute real estate strategic review for Kroger
Chicago -- Jones Lang LaSalle announced Wednesday that The Kroger Co. is undertaking an initiative with JLL to conduct a strategic review of a group of its retail assets, in tandem with Kroger’s divisional real estate teams, to explore optimization strategies for a select portfolio of operating stores.
In addition, Jones Lang LaSalle has been selected, among others, to participate in developing disposition strategies for a portion of the retailer’s closed store portfolio.