Wal-Mart says Asia chief Greg Foran to now head U.S. business

July 24 Thu Jul 24, 2014 8:46am EDT

July 24 (Reuters) - Wal-Mart Stores Inc said Greg Foran, the head of its Asia business, would now lead its struggling U.S. business.

Foran, who replaces Bill Simon, will take over his new role on Aug. 9, the company said.

Wal-Mart's U.S. same-store sales have remained sluggish for at least a year. (Reporting by Siddharth Cavale in Bangalore; Editing by Kirti Pandey)

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