Walmart Names New Chief Merchant

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Bentonville, Ark. - Walmart has named Duncan Mac Naughton chief merchandising officer for U.S. stores.

He succeeds John Fleming, who left the company in August.

Mac Naughton joined the company from grocery-store conglomerate Supervalu in 2009 as chief merchandising officer for Walmart Canada. Last October he was named merchandising executive VP for Walmart U.S. and Walmart.com.

"We intend to make the shopping experience more fun for our customers through increasing promotional intensity," Mac Naughton said.  "In the end, it is about having great products at everyday low prices."

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