Lee Scott

(Reuters) - The second largest U.S. public pension fund said on Tuesday it plans to vote all of its Wal-Mart Stores Inc WMT.N shares against the board in the wake of bribery allegations in Mexico that Wal-Mart officials failed to fully investigate.California State Teachers' Retirement System, or CalSTRS, has already sued current and former Wal-Mart executives, saying allegations the company paid millions of dollars of bribes in Mexico and a cover-up by Wal-Mart officials raised the question of whether top executives should remain in place.The allegations "indicate a breakdown of corporate governance and lack of oversight that should have

Coming soon to your local Wal-Mart: more craft beer. In another sign that the fast-growing segment is going mainstream, the nation's largest retailer and biggest beer seller is planning to add shelf space to accommodate more craft brews, former Wal-Mart CEO Lee Scott told distributors this week at their annual convention in Las Vegas.

Fifty percent of large businesses and 25 percent of their suppliers have reduced supply chain costs by managing carbon emissions, according to the Carbon Disclosure Project’s 2011 Supply Chain Report. But observers say most retailers have only begun to limit the amount of carbon their supply chains release into the atmosphere.

Walmart's strategy is evolving, and would have evolved regardless of what managers are in place. "Taking merchandise out of the Action Alley and providing clear sight lines has been a successful strategy," Spokesman David Tovar said in an e-mail, but added, "We are constantly listening to our customers and some have told us they liked seeing the rollbacks on merchandise in the aisles. .... We have given more autonomy to our store managers to make the decisions on what is right for their customers."