By Jan Hoffman Source: The New York Times A federal judge on Wednesday ordered three of the nation’s largest pharmacy chains — CVS, Walgreens and Walmart — to pay $650.5 million to two Ohio counties, ruling that the companies must be held accountable for their part in fueling the opioid [...]
By Richard Kestenbaum Source: Forbes Most grocery shopping today is done the same way your mom did it when she pushed you in the cart. And yet, there’s probably no sector of retail on the verge of more change and upheaval than grocery. Grocers view their stores as the anchor [...]
By Jan Hoffman Source: The New York Times A federal jury in Cleveland on Tuesday found that three of the nation’s largest pharmacy chains — CVS Health, Walmart and Walgreens — had substantially contributed to the crisis of opioid overdoses and deaths in two Ohio counties, the first time the [...]
By Matt Day Source: Bloomberg People shopping online for groceries at Amazon.com Inc. or Walmart Inc. are more likely to encounter big differences in prices based on their location -- even down to the ZIP code -- than shoppers who venture into physical stores, researchers found. Software that adjusts an [...]
By Karen Weise and Michael Corkery Source: The New York Times Amazon has eclipsed Walmart to become the world’s largest retail seller outside China, according to corporate and industry data, a milestone in the shift from brick-and-mortar to online shopping that has changed how people buy everything from Teddy Grahams [...]
By Sam Silverstein Source: Grocery Dive The decision by Walmart to compel many of its employees to wear masks on the job, which reverses its declaration in mid-May that workers could shed face coverings as long as they were fully vaccinated, is a highly visible indication that the pandemic is [...]
By Russell Redman Source: Supermarket News CVS Health, Target and Walmart plan to test options to the single-use plastic shopping bag through the Consortium to Reinvent the Retail Bag’s Beyond the Bag Initiative. The three-year Beyond the Bag Initiative calls on retailers to “think outside the box” to address the [...]
By Ben Unglesbee Source: Health Care Dive Walmart's membership service drew comparisons to Amazon's Prime before Walmart+ was made public. But for Walmart, any contrasts it can draw are likely more important than similarities, such as free shipping. With Amazon offering drug discounts of its own through Prime in a [...]
By Bill Bishop Source: Supermarket News Thinking you know what to expect from the competition can get you in trouble, especially when things are changing fast, and that is exactly what is happening at Walmart. “It’s time for us to accelerate...our investment in micro-fulfillment centers,” Walmart CFO told analysts earlier [...]
By William J. Barber II And Cynthia Murray Source: Fortune This week at its annual shareholders meeting, Walmart celebrated the record profits it raked in during the pandemic. It certainly was a good year for the company and its owners. The Walton family saw their personal wealth increase by over $48 [...]