WOONSOCKET, R.I. — CVS Health and Walmart on Friday reached a multi-year agreement in which Walmart will continue participating in the CVS Caremark pharmacy benefit management (PBM) commercial and Managed Medicaid retail pharmacy networks. The companies are not disclosing the financial terms of the new contract. “We are very pleased to have reached a mutually agreeable
BENTONVILLE, Ark. — Walmart on Thursday said it has added four delivery companies to bolster its grocery delivery service. The addition of the companies — Point Pickup, Skipcart, AxleHire and Roadie — helps Walmart expand its grocery delivery program, available in more than 800 stores. Another 800 are being added in 2019, the company said
WOONSOCKET, R.I. — CVS Health said Tuesday that Walmart has opted to leave the CVS Caremark pharmacy benefit management (PBM) commercial and Managed Medicaid retail pharmacy networks. CVS Caremark has requested that Walmart continue to fill prescriptions as an in network participating pharmacy through April 30, 2019. This transition does not impact Walmart’s participation in the CVS
BENTONVILLE, Ark. — The spotlight is shining on Walmart’s in-store pickup program with the retailer’s launch this week of a national advertising campaign to promote the fulfillment option. “[W]ith the service now available nationally and growing in both popularity and to even more locations this year, we’re kicking off 2019 with our biggest and first-ever
BENTONVILLE, Ark. — Walmart is expanding its tests of driverless vehicles via a program to use Udelv autonomous-driving vans to deliver groceries in Surprise, Ariz. “We want to make sure we stay on the cutting edge of grocery delivery by exploring what’s new and next,” Tom Ward, senior vice president of digital operations for Walmart
CHICAGO — Trader Joe’s was again the top-rated grocer in the second annual dunnhumby Retailer Preference Index (RPI), a study that ranks the nation’s 56 largest grocery retailers by a score that takes seven factors into account: price, quality, digital, operations, convenience, discounts/rewards and speed. The retailers who focus their business on superior value perception
BENTONVILLE, Ark. — Today, Walmart and Express Scripts announced an extension to the companies’ existing network agreement to provide access to Walmart’s prescription services for Express Scripts clients’ covered members. The companies also made a commitment to deliver additional affordable prescription solutions to millions of underinsured and uninsured Americans. As part of the ongoing relationship, Walmart is
NEW YORK — While driverless cars and cashierless stores may still be works in progress, mass retailers are moving ahead toward fully automated warehouses. Albertsons Cos., Ahold Delhaize, Kroger Co. and Walmart have all made strides recently in the implementation of robotic distribution centers. Ahold Delhaize announced just this month that it will automate picking
BENTONVILLE, Ark. — Walmart on Thursday reported a net income of $1.71 billion, or 58 cents a share, in its third quarter on revenue of $124.89 billion. Earnings were fueled by strong e-commerce sales, as the company continues to acquire online brands in categories like apparel and home goods while also expanding its grocery business.
BENTONVILLE, Ark. — Walmart is partnering with Ford Motor Co. on a pilot that might pave the way for a driverless grocery delivery service. The test program, which also involves San Francisco-based delivery startup Postmates Inc., will explore the performance of self-driving vehicles in the delivery of everyday goods such as groceries, pet food and
BENTONVILLE, Ark. — Walmart’s deep and diverse leadership team is moving to transform the company into a swift-moving innovator with a unique collection of assets that place it in position to win in the future while also delivering good financial results in the short term, president and chief executive officer Doug McMillon told Wall Street
HERSHEY, Pa. — Senior executives from the Hershey Co. and Walmart came together to celebrate what they described as a shared commitment to increase U.S. manufacturing jobs. Over the past year, Hershey has invested more than $150 million in U.S. supply chain advancements, the company said, and the spending led to the creation of 350