|
Inside This Issue - Opinion
One of the most productive tenures in the annals of the National Association of Chain Drug Stores ended two months ago when H-E-B executive Bob Loeffler stepped down as chairman of the association. Amid all the attention directed at Walmart’s recent annual meeting, where the hoopla surrounding the discounter’s golden anniversary celebration vied with concerns voiced by many shareholders about the bribery scandal that hit the company in April, one important development has received less attention than it otherwise would have: Walmart Express, the company’s experimental small-format stores, are generating a profit less than a year after their debut.
|