On Wal-Mart's Web site is a job posting from July 26 for a "Senior Director Multi-Format Strategy." The Web site says the director is expected to "develop a comprehensive Multi-Format growth strategy for WM (Wal-Mart) and to propose the development of new formats to complement our current format portfolio and to address new markets' opportunities by meeting the different customers' needs." It also says that position would "assess the strategic implications of any possible M&A on our overall portfolio." There is another posting from July 19 for a "Senior Director, New Format Design." Once the strategy team has identified business opportunities for new store formats development, "this position will take responsibility for the development of one specific format," the listing states. Wal-Mart shares rose 8 cents to $43.82 in early afternoon New York Stock Exchange trading.