Scott Price to head Wal-Mart Asia
Bentonville, Ark.-based Wal-Mart Stores has named Scott Price as executive VP, president and CEO, Wal-Mart Asia, effective Oct. 15. Price will oversee approximately 630 retail units in China, India and Japan.
Previous to his appointment with Wal-Mart, price served as CEO for DHL Express Europe and Asia.
“Scott brings tremendous global and regional experience and expertise to this position. He is the ideal candidate to lead this highly competitive region,” said Doug McMillon, president and CEO, Wal-Mart International. “In his roles with Coca Cola and DHL, he has established a history of delivering results in the Asian markets. He knows the countries, he knows the customers, he knows how to run a business, and he knows the region’s potential. We are eager to leverage his insight and capabilities to further our efforts in this region.”
Around the Web: Lowe’s agrees to smaller store in Canada
The city of Kingston in Ontario, Canada, has just released the details of a compromise that will allow Lowe’s to build a new store on land zoned for industrial use, the Kingston Whig Standard reported today. The Mooresville, N.C., retailer has agreed to give up a 5,000-sq.-ft. building and associated parking and move the site to the southern portion of the property, immediately north of an existing Canadian Tire store.
Last year the Kingston city council rejected Lowe’s rezoning application, citing the need to preserve space for industrial uses.
Lowe’s Canada taps Huggins as CEO
Mooresville, N.C.-based Lowe’s Cos. has announced that Alan Huggins will be promoted to president, Lowe’s Canada, effective immediately.
Huggins, who has more than 25 years of retail experience and most recently served as VP operations for Lowe’s Canada, will replace Don Stallings, who will represent Lowe’s in its new joint venture with Australia’s largest retailer, Woolworths.
Lowe’s opened its first Canadian stores in December 2007 and currently operates 14 stores open in Ontario with two more stores opening later this year.
“Lowe’s steady growth and success in Canada have been the result of strong management and an outstanding team,” said Larry Stone, Lowe’s president and COO. “We appreciate the leadership Don provided as we opened stores in the Greater Toronto Area. We are pleased to maintain that level of experience and leadership under the direction of Alan Huggins as we continue to grow our business in Canada.”
Lowe’s announced its joint venture with Woolworths on Aug. 24, 2009.
Stallings has served as president of Lowe’s Canada operation since August 2007.