In the Goldman Sachs/Condé Nast 2017 Love List: Food, among places people shop for food, Wal-Mart topped the list for millennial food enthusiasts surveyed, and Target came in second place among millennials. The top drug chain was CVS, which came in eighth among millennial food enthusiasts, followed by Walgreens at 10.
Walmart’s share of the $800 billion grocery market has grown to 21.5%, according to a report from CNBC that highlights Loop Capital analyst Andrew Wolf’s assessment of the retailer’s recent first-quarter results. Wolf notes that in Q1, Walmart outperformed U.S. supermarkets by 2.9%, which is up from the 1.6% outperformance it showed in Q4 2016. (CNBC)
The retailer will open nine new stores across Florida in its current fiscal year, creating more than 800 jobs, and also execute a multi-million-dollar capital investment plan by remodeling more than 40 locations across the state
The changes, which go into effect June 24, mean that if an associate’s military salary is less than what they were making at their job at Walmart, the company will pay them the difference while they are on a military leave of absence.