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Prof. JP Eggers on Walmart's appointment of a new CEO

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Excerpt from Nightly Business Report -- "I think he's got the right portfolio of skills... he's been being groomed for a long period of time. They've gotten him into a number of different roles. They've had him in the international, they've had him in Sam's Club, he's been very involved in merchandising and store operations. As far as what they need to do, they really need to manage international growth effectively because they can very easily figure out how to fix things in same-store sales in the US, but figuring out how to open the new stores, get into those new countries and build up the new systems is a big piece of the plan going forward."

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