Globally dominant retailers Amazon and Walmart saw profits soar in 2020 on the strength of surging online sales amid a traditional retail environment decimated by COVID-19 closures and shoppers too nervous to venture out into brick-and-mortar establishments.Read More
The Department of Justice sued Walmart Tuesday alleging that the big-box retailer fueled the U.S. opioid epidemic by knowingly filling illegitimate prescriptions and with price-cutting techniques.
Walmart transformed its 5,000 in-store pharmacies into a leading network of opioid suppliers, the Department of Justice (DOJ) lawsuit alleged, according to a press release. In addition, Walmart allegedly didn’t heed warnings from its pharmacists that there was an insufficient screening process for questionable prescriptions.Read More
Retailers like Target and Walmart stretched out their traditional Black Friday sales throughout the whole month, but post-Thanksgiving shopping sprees will still be available, according to press releases from the companies. Cyber Monday will feature big deals online as usual, but don’t forget Giving Tuesday and Small Business Saturday.Read More
Walmart has reversed course, announcing it is returning ammunition and firearms to their displays in its U.S. stores.
On Thursday the nation’s largest retailer said it had removed the items from displays due to “civil unrest” in some areas of the country. Guns and ammunition, however, had remained for sale at the stores, just not visible to shoppers.Read More
President Donald Trump said Saturday that he approved a transaction between Oracle and TikTok that allows the Chinese application to stay in the United States.
Part of the arrangement requires the newly U.S.-based TikTok company to direct $5 billion toward teaching American children “the real history of our country,” Trump told reporters at the White House, Bloomberg reported Saturday. The president later told rally attendees in North Carolina Saturday that he is establishing a “large fund for the education of American youth.”Read More
Walmart will require all customers to wear face coverings inside its stores beginning July 20, the company announced Wednesday.
“As the number of confirmed cases has spiked in communities across the country recently, so have the number and types of face covering mandates being implemented,” the retailer said in a press release.Read More
Christmas season is in full swing as people try to buy and send presents to loved ones all over the country. Here are the deadlines for major shipping carriers.Read More
Several people were killed and one person was in custody Saturday after a mass shooting occurred in a shopping complex in the border town of El Paso, Texas, police said.Read More