August 3, 2016 by Chain Drug Review
Academy Ltd., Academy Sports + Outdoors, J.K. Symancyk, Michelle Gloeckler, Walmart
Business, Leading Headlines, Retail News
KATY, Texas — Walmart health and wellness executive Michelle Gloeckler is leaving the company to become chief merchant at sporting goods chain Academy Sports + Outdoors. Academy Ltd. said Wednesday that Gloeckler is slated to join the company on Aug. 29 as executive vice president and chief merchandising officer. Academy Sports + Outdoors has 210 stores in Texas and 14
August 3, 2016 by CDR Blog and Chain Drug Review
e-commerce, Jet.com, Walmart
CDR Blog
Walmart is in talks to buy online retailer Jet.com, according to a report on Thursday by The Wall Street Journal. Jet.com, which launched its e-commerce web site in July 2015, was co-founded by Marc Lore, who serves as its chairman and CEO. Lore is an e-commerce veteran, having sold his previous online retailing venture, Quidsi
June 20, 2016 by Scot Meyer and Chain Drug Review
annual shareholders meeting, Doug McMillon, Neighborhood Market, Neil Ashe, Walmart
2016, Issue 06-20-2016, Issues, News
BENTONVILLE, Ark. — Walmart’s investments in its people and in technology are paying off as the giant company seeks to “reimagine retail” and find new opportunities for growth. Speaking to an audience of 14,000 people — including shareholders and employees from around the world — at the company’s annual meeting earlier this month, president and
June 8, 2016 by CDR Blog
2016 Fortune 500, AmerisourceBergen, Cardinal Health, CVS Health, Fortune 500, Fortune magazine, McKesson, Rite Aid, Walgreens Boots Alliance, Walmart
Business, CDR Blog, Leading Headlines
Players in the retail pharmacy space accounted for three of the top 10 spots in the 2016 Fortune 500 list of the nation’s largest companies by revenue. Coming in again at No. 1 overall on the annual list, released this week, was the world’s largest retailer, Walmart, with sales of $482.13 billion. The company is
June 6, 2016 by Chain Drug Review
Brett Biggs, Doug McMillon, Greg Foran, Greg Penner, Walmart, Walmart annual shareholders meeting, Walmart U.S.
Business, Leading Headlines, Retail News
FAYETTEVILLE, Ark. — Walmart used its 2016 shareholders meeting to drive home the message that the customer is boss and the key to the retailer’s ability to grow. “Our mission is clear,” Doug McMillon, Walmart’s president and chief executive officer, said at the June 3 Walmart annual shareholders meeting. “We save customers money so they
June 6, 2016 by Geoff Walden and Chain Drug Review
Adam Fein, Drug Channels Institute, generic drug sourcing, George Riedl, Mark Walchirk, McKesson, Pembroke Consulting, Walmart
2016, Issue 06-06-2016, Issues, News
BENTONVILLE, Ark. — Walmart has become the latest retailer to ally with a pharmaceutical distributor for generic drug sourcing. The mass merchandiser’s partnership with McKesson Corp. includes an expanded long-term distribution pact and will add scale and value for both companies, they said. The agreement positions Walmart and McKesson to compete with partnerships between Walgreens
May 25, 2016 by Chain Drug Review
Bausch + Lomb, Joe Gordon, Walmart
Supplier News
BRIDGEWATER, N.J. — Bausch + Lomb, a leading global supplier of ophthalmic pharmaceuticals, contact lenses, lens care products, and ophthalmic surgical devices and instruments , announced Monday that Walmart has presented the company with its 2015 U.S. Supplier of the Year Award in Consumables and Health & Wellness. The award recognizes the significant investment Bausch
May 17, 2016 by CDR Blog
Adam Fein, AmerisourceBergen, Cardinal Health, Drug Channels, Drug Channels Institute, McKesson, Pembroke Consultin, Rite Aid, Walgreens, Walmart
CDR Blog
The expanded distribution agreement between McKesson and Walmart not only brings McKesson a generic drug customer it had been pursuing, but it also “finalizes an intriguing industry channel alignment,” according to pharmacy supply chain expert Adam Fein, president of Pembroke Consulting. In a posting Tuesday on his Drug Channels blog, Fein noted that Walmart was
May 16, 2016 by Chain Drug Review
Albertsons, AmerisourceBergen, Cardinal Health, CVS, George Riedl, Mark Walchirk, McKesson, McKesson U.S. Pharmaceutical, pharmaceutical distribution, Rite Aid, Target, Walgreens Boots Alliance, Walmart, Walmart U.S.
Business, Featured Articles, Leading Headlines, Pharmacy, Retail News
SAN FRANCISCO and BENTONVILLE, Ark. — McKesson Corp. and Walmart have expanded their long-term pharmaceutical distribution pact, including a new sourcing agreement for generic drugs. McKesson and Walmart said Monday that the expanded relationship is “a natural next step.” The companies will collaborate on sourcing generics for their U.S. operations, a move that they said
May 16, 2016 by Jeffrey Woldt and Chain Drug Review
George Riedl, Walmart
2016, Featured Articles, Issue 05-16-2016, Issues, Leading Headlines, News, Retail News
BENTONVILLE, Ark. — George Riedl is on a mission to make Walmart consumers’ first choice for pharmacy, health and wellness. “Competing against the company for so many years, I’d always respected Walmart and really looked at it as the leader in most categories,” says Riedl, who was named president of health and wellness at the
May 16, 2016 by David Pinto and Chain Drug Review
David Pinto, Tom Coughlin, Walmart
2016, Issue 05-16-2016, Issues, Opinion
Amid the dazzling array of industry events that marked April as an exceptional month in the chain drug retailing community, Tom Coughlin, the legendary Walmart executive who led the company through some of its most memorable years, passed away at the age of 67. His funeral was held in Bentonville, Ark., a week before the
April 21, 2016 by Chain Drug Review
Aida Alvarez, Doug McMillon, Greg Penner, Jim Walton, Kevin Systrom, Marissa Mayer, Rob Walton, Roger Corbett, Steuart Walton, Walmart
Business, Leading Headlines, Retail News
BENTONVILLE, Ark. — Walmart has repositioned its board of directors as the company pushes ahead with its strategic plans. Walmart said late Wednesday that going forward its board will have 12 members, down from the current 15. Plans call for current directors Aida Alvarez, Roger Corbett, Mike Duke and Jim Walton to not stand for
April 20, 2016 by Chain Drug Review
Annette DeVita-Goldstein, imPRESS Gel Manicure, KISS Products, Walmart
Supplier News
NEW YORK — Next month, KISS Products Inc. plans to hold sampling events for its imPRESS Gel Manicures at 1,185 Walmart stores nationwide. KISS said Wednesday the in-store nail demonstrations, conducted in partnership with Shopper Events, will include eight imPRESS Gel Manicure nail colors and designs that shoppers will be able to apply on their
April 19, 2016 by Chain Drug Review
Alex Hurd, David Vielehr, Enhanced Payment Platform, InComm Healthcare & Affinity, Walmart
Retail News, Technology
ATLANTA — Walmart has joined the network of retailers accepting InComm Healthcare & Affinity’s (IHA) Enhanced Payment Platform. InComm said Tuesday that members of more than 90 health plans with cards issued by IHA can now participate in health plan-sponsored wellness programs and receive benefits at Walmart locations nationwide. “More and more, Americans are taking