Retail in Asia

In People

Walmart China’s CFO, COO resign

Walmart’s business in China has hit an unexpected bump with the sudden resignation of two senior executives at a time when it is facing increasing competition in the country.

The world’s largest retailer by sales said that Roland Lawrence, its CFO in China, and Rob Cissell, its China COO, had both resigned "due to personal reasons to explore other opportunities".
 

(Source: CNBC)