Walmart Pharmacy & Business News

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CVS emerges as top drug chain for food shopping on 2017 Love List

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.

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Report: Walmart’s grocery share growth gains momentum

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)