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    Wal-Mart's VP of Business Development Quits for CEO Post at U.K. Chain

    David Wild, s.v.p. for new business development at Wal-Mart in the U.S., is leaving the company to become c.e.o. of Halfords Group Plc, the largest U.K. retailer of car parts and bicycles.

    David Wild, s.v.p. for new business development at Wal-Mart in the U.S., is leaving the company to become c.e.o. of Halfords Group Plc, the largest U.K. retailer of car parts and bicycles.

    Wild, who was head of Wal-Mart's new format team in northern California, is leaving the retailer just as it prepares to open four new small-format Marketside stores around Phoenix this year, going head-to-head with Tesco's Fresh & Easy format.

    Before joining Wal-Mart in 2004, Wild spent 18 years at U.K.-based Tesco Plc, where he was involved with the company's European expansion.

    Wild will start his new job at Halfords Aug. 4, the Redditch, England-based company said Friday in a statement. He succeeds Ian McLeod, who left at the end of February to run Australian supermarket chain Coles Group Ltd.

    McLeod and Wild both worked for Wal-Mart in Germany before the world's largest retailer exited the market in 2006.

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