Mutual Fund Store nabs executive from H&R Block; Firms wants CEO to find retail locations for its outlets.(News)

Byline: Brooke Southall SAN FRANCISCO - David Byers was hired away last month from H&R Block Inc. to apply big- company retailing tactics to The Mutual Fund Store LLC. The former chief operating officer and head of the tax division at the Kansas City, Mo.-based tax return powerhouse seeks to use the same high level of real estate analytics he applied to finding locations for 3,000 retail tax outlets during the past three years.

That effort, which included putting co-locations into 1,000 Wal-Mart stores, increased Block's retail presence by 30% to 13,000, from 10,000 stores. Mr. Byers is offering few details for now about how he can bring this kind of growth to the Overland Park, Kan.-based fund retailer, other than to say he plans to speed...

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