WASHINGTON Trump The Trump administration on Tuesday fired Mart Mart Inc. Claimed on. The Justice Department claims that Walmart seeks to increase profits by reducing its pharmacies and forcing employees to fill prescriptions faster. This makes it difficult for pharmacists to reject invalid prescriptions, enabling widespread drug abuse across the …
Read More »Walmart files pre-emotional lawsuit against federal government in opioid case
Walmart Inc. WMT -0.59% The Department of Justice sued the federal government in an attempt to strike a pre-emptive blow against what it said was an opioid-related civil lawsuit. The retail company said in a lawsuit filed Thursday that the Department of Justice and the Drug Enforcement Administration are seeking …
Read More »Grocers stockpile, create ‘epidemic’ palettes ahead of winter
Grocery stores and food companies are preparing for a potential surge in sales amid a new surge in Covid-19 cases and the upcoming holiday rush. Supermarkets store groceries and store them early in preparation for the fall and winter months, while some health experts warn that the country could see …
Read More »Why Target Stock jumped and Walmart slipped even though both had strong earnings
Both Walmart (WMT) and Target (TGT) delivered fantastic second-quarter reports this week, and Barron’s had noted for the reports that Target was likely to receive a major boost from its results. That’s the way it’s been played, with Target stock jumping 12% on Wednesday afternoon, while Walmart reported losses after …
Read More »Target sales are jumping as pandemic speed e-commerce shift
The coronavirus pandemic has widened the gap between winners and losers of retail, increasing the capacity of large U.S. chains that could remain open throughout the pandemic and feed America’s basic needs. The evidence was strong this week when nationwide retailers revealed they were heading out the summer months in …
Read More »