Content about Dow Jones Industrial Average

BENTONVILLE, Ark. — Walmart is moving forward with what could be characterized as a rollout of its Neighborhood Market format nearly 13 years after the first unit opened in fall 1998. Just don’t call it a Neighborhood Market.

LAS VEGAS — Nickelodeon is launching the first products themed after one of its live-action comedy series exclusively at Walmart.

U.S. and Canadian Walmart stores will carry the more than 250 products based on the show "Victorious," including apparel, accessories, entertainment and school supplies. Most stores will begin carrying the items in July through the back-to-school shopping season.

BENTONVILLE, Ark. — As promised, Walmart unveiled its smaller-format store concept, dubbed Walmart Express, this past week.

As previously reported by Drug Store News, the first store opened in the Gentry, Ark., market just in time for the company's shareholders meeting that was held last Friday morning. Two additional stores, located in Prairie Grove and Gravette, will open as soon as this week.

BENTONVILLE, Ark. — After nearly four hours of music, cheering, celebrity appearances and brief presentations by senior executives, Walmart president and CEO Mike Duke wrapped up the company’s annual shareholders’ extravaganza Friday morning by sharing five priorities associated with serving what he called the next generation of customers.

OBERLIN, Ohio — Walmart and Target are the top go-to shopping destinations for college students, according to a new study.

BENTONVILLE, Ark. — Walmart reported first-quarter earnings that were above the company's guidance, reflecting stability and strength in global operations, according to company president and CEO Mike Duke.

Walmart's net income was $3.4 billion, or 98 cents per diluted share, compared with net income of $3.3 billion, or 87 cents per diluted share.

SCOTTSDALE, Ariz. — During the National Association of Chain Drug Stores Annual Meeting, Procter & Gamble is showcasing several of its health and beauty brands, such as Old Spice, Fusion, CoverGirl and Pantene, as well as its efforts to further partner with retailers to bolster sales via its health and beauty studios.

Women who visit the P&G Him/Her Studio are able to indulge in such services as hair and makeup touch-ups, and guys can take advantage of grooming services.

CINCINNATI — Procter & Gamble announced on Thursday that its beauty and grooming segments posted single-digit increases in net sales during the third quarter.

Beauty net sales rose 5% to $4.9 billion, on 5% volume growth. Organic volume, which excludes the net impact of Zest and minor fragrance divestitures, increased 6%, and organic sales grew 4%. The company noted that volume growth was driven by double-digit growth in developing regions, while volume in developed regions was flat.

It has been a challenging few years for Walmart among ongoing sales difficulties, restructuring of senior leadership and the pursuit of a new, yet familiar, strategic direction. Despite all the turmoil and the constant media attention it received, Walmart’s health-and-wellness business unit remained a steady performer through 2010.


BENTONVILLE, Ark. — A provider of retailer supplier education services has named a 31-year Walmart veteran as its president and CEO.

8th & Walton said Mike Cockrell, who most recently served as chief merchandising officer of Walmart's Indian joint venture with Bharti before his retirement in February, would lead the company's efforts to accelerate growth initiatives while enhancing existing services.

BENTONVILLE, Ark. — Walmart is looking to distinguish itself from the competition.

The retailer announced that it is reinvigorating its price leadership promise, bringing back products its customers have asked for and simplifying its ad match policy.

BENTONVILLE, Ark. — Walmart announced that, through the Walmart Foundation, it has donated $319 million in cash and $480 million in in-kind contributions around the globe during the fiscal year ended Jan. 31.

According to Walmart, the company's U.S. giving grew by 64%, largely due to donations of produce, meats, poultry and other nutritious food to local food banks from Walmart stores, Sam's Club locations and distribution centers.