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Publix ends partnership with The Little Clinic
LAKELAND, Fla. — Supermarket chain Publix has confirmed the termination of the lease arrangements with The Little Clinic within select store locations in Florida and Georgia.
The move marks the end of Publix’s five-year partnership with The Little Clinic, which is part of Solera Capital’s portfolio. Solera Capital had acquired The Little Clinic’s predecessor in 2005.
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Wal-Mart Q1 earnings rise on overseas strength, U.S. still slumping
Bentonville, Ark. -- Wal-Mart Stores reported Tuesday that net income for the first quarter ended April 30 rose 3% to $3.39 billion, beating Wall Street estimates. Overall results were powered by overseas stores and stringent cost controls, but business in the United States remains soft as U.S. Walmart stores posted an eighth straight quarter of same-store declines.
Wal-Mart's U.S. division recorded a 0.3% dip in same-store revenue, dragged down by a 1.1% drop at its namesake stores. Same-store sales increased 4.2% at Sam’s Club warehouse stores.
