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Judith McKenna

Asda-Sainsbury’s merger cancelled

Asda-Sainsbury’s merger cancelled

LONDON — British grocer Sainsbury’s planned £7.3 billion ($9.4 billion) acquisition of Walmart’s Asda division has been blocked by U.K. regulators. Britain’s Competition and Markets Authority ruled that the deal, announced in April 2018, would hurt competition and result in higher prices for consumers, not only in stores but also online and at gas stations.

Walmart tabs McKenna as International CEO

BENTONVILLE, Ark. — Judith McKenna has been named president and chief executive officer of Walmart International. Mc­Ken­na, who has been executive vice president and chief operating officer of Walmart U.S., will take charge of Walmart’s second-largest operating segment on February 1. She succeeds David Cheese­wright, who has headed Walmart International since 2014 and will retire

Judith McKenna to head Walmart International

Judith McKenna to head Walmart International

BENTONVILLE, Ark. — Walmart has named Judith McKenna president and chief executive officer of Walmart International, effective February 1. She will succeed David Cheesewright. Cheesewright has led Walmart’s international division, which is the company’s second largest operating unit, since 2014. He will remain with Walmart in a full-time capacity through March, and will then move into