Retail
Lululemon settles proxy battle with founder Chip Wilson, agrees to two board nominees
Lululemon has been battling with founder Chip Wilson since December, as he says the company has lost its strategic vision and needs a new board of directors.
Two top Walmart executives leave company under new CEO John Furner
Tom Ward, chief operating officer of Walmart’s warehouse chain Sam’s Club, is retiring, and Cedric Clark, Walmart’s EVP of U.S. store operations, is leaving.