Executive Shifts Muddy Water on Wal-Mart's Direction

BENTONVILLE, Ark. -- Wal-Mart Stores here unveiled a reshuffling of top-level management yesterday, leaving observers to ponder whether the changes signal an effort to continue to go after more affluent consumers or to revert back to a more aggressive pricing position.

BENTONVILLE, Ark. -- Wal-Mart Stores here unveiled a reshuffling of top-level management yesterday, leaving observers to ponder whether the changes signal an effort to continue to go after more affluent consumers or to revert back to a more aggressive pricing position. Observers said they expect Wal-Mart to possibly shed more light on its long-term direction next week when it meets with vendors in Kansas City, Mo. Wal-Mart positioned the changes as part of its ongoing effort

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