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
MINNEAPOLIS — Target Corp. reportedly has begun raising its minimum wage to $10 an hour. The discount store chain’s management has communicated the $1-per-hour raise to store managers, who have started informing employees about the increase, according to sources cited by Reuters. Most employees who earn less than $10 per hour should see their base
NEW YORK — Within hours of each other, the governors of California and New York recently signed bills that will eventually raise the minimum wage in their states to $15. The moves have intensified debate over the possible implications for the retail industry, which relies heavily on workers with low skills who typically receive comparatively
BENTONVILLE, Ark. — Tom Coughlin, a legendary retailing executive and former vice chairman of Walmart, died April 1 at the age of 66. According to a Reuters report, Coughlin had been in the intensive care unit of a hospital for several days. Coughlin began his Walmart career in 1978 in the retailer’s security department. He
BENTONVILLE, Ark. — Tom Coughlin, a legendary retailing executive and former vice chairman of Walmart, died April 1 at the age of 66. According to a Reuters report, Coughlin had been in the intensive care unit of a hospital for several days. Coughlin began his Walmart career in 1978 in the retailer’s security department. He
BENTONVILLE, Ark. — Marcus Osborne has been named vice president of health and wellness transformation at Walmart. Osborne, who had served as vice president of health and wellness payer relations, will report to George Riedl, the company’s senior vice president of health and wellness. In his new position, Osborne will be focused on driving the
The Annual Meeting of the National Association of Chain Drug Stores is once again upon us, though the calendar year hasn’t yet budged beyond April. The significance of this annual meeting has nothing to do with the calendar, however. Rather, it comes along just as retailers and suppliers begin to get the tone of the
BENTONVILLE, Ark. — Marcus Osborne has been appointed as vice president of health and wellness transformation at Walmart. Walmart confirmed Osborne’s promotion on Wednesday. He previously served as vice president of health and wellness payer relations. In his new role, Osborne will focus on driving the strategic vision, business development and key initiatives for the
BENTONVILLE, Ark. — Walmart reported decreased net earnings for its fiscal 2016 fourth quarter and full year, with adjusted earnings per share above Wall Street’s consensus forecast. The retail giant said Thursday that for the fourth quarter ended Jan. 31., net income fell 7.9% to $4.57 billion, or $1.43 per diluted share, from $4.97 billion,
BENTONVILLE, Ark. — Walmart will close all of its Walmart Express small-format stores in the United States as part of a move to shut 269 stores worldwide. The 154 U.S. store closings also include Walmart Neighborhood Markets, 12 Walmart Supercenters, seven stores in Puerto Rico, six discount centers and four Sam’s Clubs. “The large majority
NEW YORK — Walgreen Co. was among the firms honored by the National Retail Federation at the trade association’s convention here last month. Walgreens was named Retail Innovator of the Year at the NRF’s convention and expo, dubbed Retail’s Big Show. According to NRF, the award is given annually to “a company that is well
NEW YORK — Walgreens was presented with the Retail Innovator of the Year award by the National Retail Federation at the NRF Retail’s Big Show in New York City. Alex Gourlay, president of Walgreens, accepted the award on behalf of the drug chain from Claudio Del Vecchio, chairman and chief executive officer of Brooks Brothers.
BENTONVILLE, Ark. — Walmart plans to close all of its Walmart Express small-format stores in the United States as part of a move to shut 269 stores worldwide. The retail giant said Friday that, after a review of the nearly 11,600 stores in its global portfolio, it aims to close 269 stores, including 154 U.S.
BENTONVILLE, Ark. — Walmart has had a long history of making health care more accessible and affordable. From the launch of $4 generics in 2006 to the recent introduction of Walmart Care Clinics, which promise to have the same kind of impact on pricing in that sector as the earlier program did in pharmacy, the
