BENTONVILLE, Ark. — Walmart has appointed tech industry veteran Suresh Kumar to a new chief technology officer and chief development officer role position, reporting directly to president and chief executive officer Doug McMillon. Suresh Kumar Kumar brings more than 25 years of technology leadership experience — including executive positions at Google, Microsoft, Amazon and IBM
BENTONVILLE, Ark. — To help busy families, especially moms, who are dispensing antibiotics and other medications to sick little ones, Walmart is now offering FLAVORx with select liquid prescriptions for no additional cost at Neighborhood Market pharmacies. This allows moms, dads and caregivers to choose the flavor of medicine the child likes best—from grape to
BENTONVILLE, Ark. — Walmart officials said work on a new corporate campus is set to begin here in July. Walmart expects to relocate employees in stages, beginning next year and ending around 2024, when work on the company’s “dream home” is completed. First up is demolition, infrastructure and utility construction at the 350-acre site, which
BENTONVILLE, Ark. — Walmart on Thursday reported first quarter net income of $3.84 billion as revenue rose 1% to $123.9 billion. U.S. same-store sales increased 3.4% in the 13 weeks ended April 30. That was the best performance by that metric in nine years, the company said. Net sales in the United States increased 3.3%.
NEW YORK — Owen’s Craft Mixers, co-founded and co-owned by business partners and brothers-in-law Josh Miller and Tyler Holland, announce a new deal with national retail giant Walmart, part of the company’s continued rapid growth across the country. Launched only three years ago, Owen’s Craft mixers are carbonated, non-alcoholic mixers that combine real fruit and pure sugar cane to seamlessly
CHICAGO – VTech, a world leader in age-appropriate and developmental electronic learning products for children, Friday announced it received the Walmart Supplier of the Year Award in the Toy category. Walmart, one of the nation’s largest retailers, presented the award at its annual Supplier Growth Forum held February 26-27 in Rogers, Ark. “We are honored to be recognized by
LOS ANGELES — Hello Bello, a new collection of expertly formulated, plant-derived baby necessities, was rolled out Monday exclusively at Walmart stores nationwide, on Walmart.com and HelloBello.com. Founded by actors and parents Kristen Bell and Dax Shepard, along with Sean Kane (co-chief executive officer), Jay McGraw (co-chief executive officer) and Jennifer Pullen (chief financial officer and chief
BENTONVILLE, Ark. — Walmart on Tuesday reported robust profit and revenue figures for the holiday quarter, citing strength across a range of product categories and a 43% surge in digital sales. Revenue was up 1.9% to $138.8 billion in the fiscal fourth quarter. Excluding currency fluctuations, year-on-year revenue growth was 4.2%. Walmart U.S. posted its
NEW YORK — Fisher-Price will re-launch Rescue Heroes, a preschool toy line featuring action figures that honor real life heroes who work together to combat disasters whenever or wherever they happen. The product line will be available exclusively at Walmart stores nationwide and at Walmart.com beginning this summer. Fisher-Price and Walmart are teaming up to bring
WOONSOCKET, R.I. — CVS Health announced Tuesday that Walmart has opted to leave the CVS Caremark pharmacy benefit management (PBM) commercial and Managed Medicaid retail pharmacy networks. Such a transition must place patient care as the highest priority and, as such, CVS Caremark has requested that Walmart continue to fill prescriptions as an in network participating
ROCKVILLE, Md. — Walmart is the in-store grocery leader. Some 27% of in-store grocery purchasers say Walmart is the in-store retailer they get groceries from most, more than twice as many as Kroger, the next most chosen retailer, according to market research firm Packaged Facts in the report U.S. Grocery Market Focus: The Walmart Food Shopper.
WASHINGTON — The National Hispanic Health Foundation (NHHF) today announced the formation of a new organization, the National Hispanic Pharmacists Association (NHPA), to increase access to care for Hispanic communities across the country. Launched in collaboration with public and private sector partners including CVS Health, Walmart and PhRMA, NHPA seeks to empower Hispanic pharmacists and other
BENTONVILLE, Ark. — Today, Walmart and Express Scripts announced an extension to the companies’ existing network agreement to provide access to Walmart’s prescription services for Express Scripts clients’ covered members. The companies also made a commitment to deliver additional affordable prescription solutions to millions of underinsured and uninsured Americans. As part of the ongoing relationship, Walmart is
BOSTON— According to an article in the Boston Globe, Beacon Health Options, which manages mental health care for 40 million people, has opened a small clinic in the Walmart in Carrollton, Texas. The company is taking the concept of health care to a new level offering mental health treatment in a retail setting. The company
