Wendy future of retail top

Walmart

Gloeckler exits Walmart to join Academy Sports

Gloeckler exits Walmart to join Academy Sports

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

Walmart’s goal is to reimagine retail

Walmart’s goal is to reimagine retail

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

Pharmacy players rise in Fortune 500

Pharmacy players rise in Fortune 500

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

Walmart’s McMillon: ‘Our mission is clear’

Walmart’s McMillon: ‘Our mission is clear’

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

Walmart, McKesson team up for generic drug sourcing

Walmart, McKesson team up for generic drug sourcing

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

Bausch + Lomb wins Walmart award

Bausch + Lomb wins Walmart award

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

McKesson-Walmart deal creates ‘intriguing alignment,’ expert says

McKesson-Walmart deal creates ‘intriguing alignment,’ expert says

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

McKesson, Walmart expand Rx distribution pact

McKesson, Walmart expand Rx distribution pact

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

Walmart aims to be ‘front door’ of U.S. health care

Walmart aims to be ‘front door’ of U.S. health care

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

Walmart reshapes board of directors

Walmart reshapes board of directors

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

KISS to hold imPRESS nail demos in Walmart stores

KISS to hold imPRESS nail demos in Walmart stores

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

Walmart joins InComm enhanced payment network

Walmart joins InComm enhanced payment network

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

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