Walmart’s share price will be under pressure in the coming years as a holding company created decades ago by the Walton family to control their ownership of the company prepares to unload as much as 6% of Walmart’s outstanding shares.
AB Acquisition LLC — parent company of Albertson's LLC, New Albertson's Inc. and Safeway (collectively Albertsons) — announced on Friday that Bob Miller, the company's current executive chairman, will assume the additional role of CEO, effective immediately.
Associated Industries of Massachusetts has announced that CVS Health and the Massachusetts Rehabilitation Commission will receive the 17th Annual John Gould Education & Workforce Development Award for their Health Pharmacy Technician Program.
Purchases in brick-and-mortar stores still accounted for more than 94% of all retail sales in the United States last year, totaling $4.4 trillion. But according to the new “Reality of Retail” report from retail marketing firm InReality, consumers are shifting their in-store shopping habits.