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Walmart earnings take a hit from Flipkart deal, shares fall

October 16, 2018 admin 0

Callaghan O’Hare | Bloomberg | Getty Images Shoppers wait in line at the pharmacy of a Walmart store in Charlotte, North Carolina, Sept. 13, 2018.  Walmart cut its earnings outlook, citing the impact of its […]

Retail Business

MedMen CEO on US cannabis retail, ‘blockbuster’ PharmaCann takeover

October 16, 2018 admin 0

Not only does MedMen’s acquisition of medical cannabis vendor PharmaCann mark the largest marijuana-related takeover in U.S. history, but it underscores how integral retail is to the cannabis market, MedMen CEO Adam Bierman told CNBC. […]

Retail Business

CVS’ Larry Merlo says goal is to not leave room for Amazon to disrupt

October 15, 2018 admin 0

CVS Health CEO Larry Merlo said he doesn’t lie awake at night worrying about Amazon but he does want to make sure he’s not leaving any room for disruption. What Merlo does worry about is […]

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  • Fed’s Quarles says rate hikes could be ahead ‘at some point’
  • Farm Belt faces an expensive cleanup after already-costly record flooding
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