Stock in Whole Foods Market was up more than 22% Thursday after funds associated with Ron Burkle’s Yucaipa Cos. revealed they had acquired 7% of the retailer on the open market.
Wal-Mart Stores said yesterday Doug McMillon, president and chief executive officer of Sam's Club for the past three years, has been named president and CEO of Wal-Mart International, the company's second largest operating segment, effective Feb. 1.