The Wal-Mart executive who led the discounter's disappointing foray last year into skinny jeans and satin bed sheets is resigning this week. Claire Watts, executive vice president of apparel merchandising, is leaving to pursue "other career interests," Wal-Mart said in a statement. What do you think Wal-Mart has (or should have) learned from its problems selling more fashion-forward and upscale merchandise?

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