retail news in context, analysis with attitude


  • Cassian Cheung, the president of Wal-Mart China, resigned from the company, saying he wanted to spend more time with his family.

    He will be succeeded by Rene Mang, who has been president of Wal-Mart Korea for the past five years.

KC's View:
Y’know what we always wonder when these executives say they want to spend more time with their family?

We wonder if their families want to spend more time with them.

We always have a vision of their wives smacking their heads, saying, “What the hell is he thinking about? Stay at work! Stay at work!”

Not that this is the case with Cheung.

We’re just thinking…