Walmart Pharmacy & Business News

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Trends in men’s facial hair impact sales

The shave category is trying to get its groove back, and where sales are up a healthy 10.6% for the 52-week period ended Sept. 4, 2016, as tracked by IRI across multi-outlets.

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Business Insider: Walmart transforming into ecommerce giant

"This company, over time, is going to look like more of an ecommerce company," Walmart CEO Doug McMillon said Thursday at Walmart's annual investor day in Bentonville, Ark., according to a report in Business Insider. Walmart CEO Doug McMillon said Thursday at Walmart's annual investor day that stores will remain vital to Walmart's future, but the company will be cutting back on new store growth and will increase investments in ecommerce. (Business Insider)

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Report: Walmart fielding presentations from 26 technology startups

Walmart is hosting 26 startups to present their ideas as part of the company's Technology Open Call, the Northwest Arkansas Democrat Gazette reported Thursday. The event is being held in conjunction with Friday's Northwest Arkansas Tech Summit and features companies like FreshSpire, a service that notifies participating consumers the availability of discounted produce that's about to expire. "We feel like the way that FreshSpire can really make the most impact is to partner with a global-scale store, and Wal-Mart is the largest retailer in the world," company co-founder Shraddha Rathod, told the Gazette. (Northwest Arkansas Democrat Gazette)