BENTONVILLE, Ark. — Walmart announced this week that it will stop selling certain kinds of guns and ammunition, and will discourage customers in “open carry” states from openly bringing their firearms into Walmart stores. The move comes a month after a gunman entered a Walmart store in El Paso, Texas, shooting 48 people and killing
NEW YORK — Capital Rx, a next generation pharmacy benefits manager, announced on Wednesday the launch of its Clearinghouse Model, the first major innovation in the way prescriptions are priced for over three decades. Through this new pricing framework, Capital Rx brings full visibility to drug unit prices and eliminates arbitrary price variability for patients
BENTONVILLE, Ark. — Walmart chief marketing officer Barbara Messing, who joined the company in July 2018, plans to leave at the end of this month. Barbara Messing Walmart’s marketing team will be reconfigured following Messing’s departure on August 30, according to published reports, which cited an internal memo from chief customer officer Janey Whiteside. Among
CLEVELAND — The federal judge overseeing the landmark opioid suit Thursday severed CVS Health entities, Rite Aid and Walmart from the main bellwether trial scheduled for October. Judge Dan Aaron Polster of the United States District Court for the Northern District of Ohio granted the order to simplify the trial and make it more manageable.
BENTONVILLE, Ark. — Walmart reported on Thursday a second-quarter net income of $3.6 billion compared with a net loss of $861 million a year earlier. Revenue rose 1.8% to nearly $130.4 billion. Operating income, on a constant currency basis, declined 2.4% to $5.6 billion.“Customers are responding to the improvements we’re making, the productivity loop is
ROCKVILLE, Md. — By mid-year, 2019 had already been quite a year in the pet medications market, with Chewy.com and Walmart entering the online prescription space and Petco teaming up with Express Scripts to add online pharmacy fulfillment to its wheelhouse of pet services offerings, and the activity shows no sign of slowing. In the
BENTONVILLE, Ark. — Walmart is testing robo-vans from a startup company, Gatik to help move goods from its Supercenter in Rogers, Arkansas, to a Neighborhood Market in nearby Bentonville. In the pilot program, Palo Alto, California-based Gatik will run three of its modified Ford Transit Connect vans in this “middle mile” logistics scheme, making up
BENTONVILLE, Ark. — Walmart and Sam’s Club are deeply committed to accessibility and medication safety for their blind, visually impaired and print-impaired pharmacy patients. To enhance their commitment, Walmart and Sam’s Club pharmacies provide En-Vision America’s ScripTalk audible (i.e. “talking”) prescription labels at Walmart and Sam’s Club pharmacies across the United States. Since 2012, Walmart and
BENTONVILLE, Ark. — Walmart is merging its U.S. store and digital supply chain teams in what the company calls a next step in its efforts to create a seamless omnichannel shopping experience for its customers. Greg Smith, executive vice president, supply chain at Walmart U.S., will lead the combined team, and will report jointly to
Chain drug retailing has thus far largely escaped the repercussions of the opioid epidemic, an ongoing tragedy which has seen so many people become addicted to pharmaceutical products that, when taken as prescribed and properly managed, can bring needed relief to patients with serious illnesses or injuries. Several of America’s most prominent pharmaceutical houses have
BENTONVILLE, Ark. — Walmart agreed to pay $282 million to settle federal allegations of overseas corruption, capping one of the biggest investigations ever under the Foreign Corrupt Practices Act, which makes it illegal for American corporations to bribe overseas officials. The company said Thursday it had entered into a global settlement with the U.S. Department
BENTONVILLE, Ark. — IBM, KPMG, Merck and Walmart announced Thursday that the companies have been selected by the United States Food and Drug Administration (FDA) to be included in a program in support of the U.S. Drug Supply Chain Security Act (DSCSA) that addresses requirements to identify, track and trace prescription medicines and vaccines distributed
FAYETTEVILLE, Ark. — Walmart wrapped up its annual shareholders’ week activities on Friday with a celebration of the company’s associates as “extraordinary people doing extraordinary things.” Brett Biggs, executive vice president and chief financial officer, credited Walmart’s 2.2 million associates worldwide with helping fulfill founder Sam Walton’s vision for Walmart as a merchant serving the
While retailing in the United States has hit a snag, one marked by a dearth of innovation and a scarcity of bold leadership, the state of the art elsewhere in the world is alive and well. While traditional retailers have for now run out of new ideas, the art itself is thriving. Examples abound. In
