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Rumors of Lore’s Departure from Walmart Premature

Contrary to rumors that surfaced on Wednesday, Walmart’s top e-commerce guy says he’s staying put. As expected, a report in The New York Post insinuating that Marc Lore was planning his exit from the Bentonville, Arkansas-based behemoth prompted a swift response. Lore, who is the president and CEO of Walmart.com, told CNBC he is “absolutely…

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