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Walmart's executive assumes COO spot at Brookdale
The top executive over Health and Wellness of Walmart's U.S. division is leaving to join Brookdale Senior Living as its COO.
Labeed Diab will have responsibility for all aspects of Brookdale’s operations, including community and field operations, marketing and sales.
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PwC: Retail mergers & acquisition activity hits $1 billion
Mega deals worth more than $1 billion drove the U.S. retail and consumer sector’s strong third quarter, according to PwC’s U.S. quarterly R&C Deals Insights report.
During the three-month period ending Sept. 30, 36 deals valued over $50 million were announced for the sector, with deal value up 64% in the third quarter, accounting for $46.6 billion, compared to $28.4 billion in the second quarter. Deal volume went up 6% from the second quarter, but down 36% from third quarter 2014.

