June 16, 2014

Walmart will open its second and third company-owned retail clinic under the Walmart Care Clinic banner later this month, in Texas, according to published reports.

June 13, 2014

As reported by DSN’s sister publication Retailing Today, Walmart has opened in Copperas Cove, Texas, its first owned healthcare clinic.

Labeed Diab, Walmart’s president of health and wellness, explained during a briefing in advance of its shareholder meeting that the new clinic is a way for the big-box retailer to provide convenient and almost free (i.e., $4 for employees) access to health care. And, because the retailer avoids the expense of having its associates visit other doctors, it can pass the savings along to customers with a reduced price of $40.

June 11, 2014

Walmart executives hosted a series of store tours and briefings in advance of its company shareholders meeting last week, reported DSN sister publication Retailing Today.

June 10, 2014

Joel Anderson, president and chief executive officer of Walmart.com, has departed the online giant to assume the role of president at Five Below, a retailer that targets pre-teens and teens with trendy, extreme-value merchandise, according to a Five Below press release issued Tuesday morning.

June 9, 2014

Merck and Idenix Pharmaceuticals on Monday announced that the companies have entered into a definitive agreement under which Merck will acquire Idenix for $24.50 per share in cash.

June 6, 2014

Wal-Mart Stores chairman Rob Walton, 69, announced the appointment of Greg Penner, 44, as vice chairman at the company's shareholders' meeting Friday morning, a move that positions Penner, Walton 's son-in-law, as his successor.

June 6, 2014

Walmart chairman Rob Walton encouraged employees to “go for it,” and president and CEO Doug McMillon said the company would accelerate the pace of change during the company’s annual shareholders’ meeting June 6 in Fayetteville, Ark.

June 5, 2014

Following a pilot in the spring, Walmart has announced plans to roll out its Savings Catcher, a receipt-comparison tool, nationwide later this summer.

June 2, 2014

Walmart Canada president and CEO Shelley Broader’s responsibilities have been significantly expanded to include oversight of Europe and Africa.

May 21, 2014

The Boston Consulting Group has tapped former Procter & Gamble vice chairman Dimitri Panayotopoulos to serve as a senior adviser in its consumer practice.

May 19, 2014

Pfizer on Sunday made a final offer valued at $118 billion for AstraZeneca. AstraZeneca, in turn, rejected the bid Monday morning.

May 16, 2014

A soft cough-cold season has given way to a robust allergy season, Bill Simon, Walmart U.S. president and EVP, told analysts Thursday, which was one contributing factor to improving overall health and wellness by more than 150 basis points.

May 13, 2014

Pfizer testified before British Parliament Tuesday regarding its proposed offer to acquire AstraZeneca, the New York Times reported.

May 9, 2014

Walmart said during an event with President Obama that it will double the number of on-site solar energy projects at its U.S. stores, Sam’s Clubs and distribution centers by 2020.

May 2, 2014

AstraZeneca rejected Pfizer's $106 billion bid for the company Friday morning.

May 2, 2014

Pfizer early Friday morning upped the ante in its bid for AstraZeneca, which is now valued at $106 billion.

April 30, 2014

Walmart has gathered CEOs from more than a dozen global companies to sign new commitments that accelerate innovation in sustainable agriculture and recycling. The pledges kicked off Walmart’s inaugural Sustainable Product Expo, a three-day collaboration to expand the availability of products that sustain people and the environment.

April 28, 2014

U.S. pharmaceutical firm Pfizer this morning confirmed discussions with AstraZeneca regarding a possible merger. If the transaction goes through, it's expected that the two companies will combine under a new U.K-incorporated holding company.

April 23, 2014

Procter & Gamble announced on Wednesday that third-quarter results met expectations, and the company remains on track to deliver top- and bottom-line growth objectives for the fiscal year.

April 17, 2014

Teva Pharmaceutical announced that its U.S. subsidiary has entered into a settlement with Pfizer related to Teva's generic version of Celebrex (celecoxib) 50-, 100-, 200- and 400-mg capsules in the United States.

April 17, 2014

A new low-cost money wiring service from Walmart saves customers money and showcases the thought process the company applies to disrupt high-margin businesses and generate store traffic.

April 11, 2014

Ian Read, chairman and CEO of Pfizer, was elected chairman of the Pharmaceutical Research and Manufacturers of America at the trade association’s annual meeting.

April 2, 2014

Labeed Diab has been named SVP and president health and wellness at Walmart, filling a position previously held by Dr. John Agwunobi, who left the company.

March 21, 2014

Good things happen in small boxes. That's what Walmart is counting on with the introduction of its latest store concept — Walmart To Go. First the supercenter, then Neighborhood Market, then WalmartExpress and now Walmart to Go. The boxes just keep getting smaller.

But what if Walmart is on to something? What if tomorrow's definition of convenience is ubiquity? Then it makes a lot of sense to start filling in the gaps between the supercenters with smaller formats.