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Report: Walmart makes progressive move
Walmart will be making a progressing move and extending health insurance benefits to same-sex domestic partners of its U.S. employees starting next year, according to a Reuters report.
The report stated that the retailer will also offer vision care to its eligible employees and their dependents.
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E-commerce sales boost Express in Q2
Express delivered solid second quarter results, buoyed in part by e-commerce sales which once again experienced a double-digit increase.
Same-store sales increased 6%, up 1% from the year-ago quarter. Factoring into that same-store sales increase were the company’s e-commerce sales, which were$59.9 million, up 27% from last year’s $47.2 million.
Net sales for the quarter increased a better-than-expected 7% to $486.2 million, from $454.9 million. Net income rose 7% to $16.8 million from $15.9 million and was in line with Wall Street expectations.