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Bill Simon

Target’s Cornell: Border tax would hike prices

WASHINGTON — Target Corp. chairman and chief executive officer Brian Cornell spoke for much of the retail industry when he testified before the House Ways and Means Committee last month that the proposed Border Adjustment Tax would raise prices for American consumers. Under the border tax, “American families — your constituents — would pay more

Walmart fast-tracks rollout of small-format stores

Currently, there are 20 Walmart Express locations, which may include pharmacies. BENTONVILLE, Ark. — Turning up the competitive heat on supermarket and drug chains, Walmart is doubling the number of small-format stores that it plans to open in its current fiscal year. The discount retail giant said Thursday that it now aims to add 270