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8 things Wal-Mart admits it needs to fix

The Street Logo By Brian Sozzi of The Street | Slide 1 of 9: This May 28, 2013, file photo, shows a sign outside a Wal-mart store in Duarte, Calif. Wal-Mart on Wednesday, Sept. 24, 2014 said it is launching a mobile checking account for its customers that will eliminate some of the fees charged by banks. (AP Photo/Damian Dovarganes, File)

Company is in full turnaround mode

Wal-Mart's (WMT) bread-and-butter U.S. business remains in full turnaround mode, but execs are hoping that things get better by the holiday season amid several operational changes.

At its recentĀ investor day, the world's largest retailer laid out multiple challenges its U.S. executive and associate teams face in delivering stronger same-store sales and profits this year. Wal-Mart U.S. CEO Greg Foran, about eight months into the top job, has been personally undertaking tasks such as stocking shelves and talking to customers to assess areas of opportunity and weakness. In those eight months, Foran has visited a whopping 116 stores in the U.S., all unannounced.

Now that his review is nearing completion, Foran has identified eight problems the company needs to fix.

© Damian Dovarganes/AP Photo

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