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Report: Wal-Mart to shut 20 China stores
Bentonville, Ark. – Wal-Mart Stores will reportedly close 20 underperforming stores in China next year as part of an overhaul of its Chinese operations. According to Bloomberg, Wal-Mart is restructuring its business in China, including a new management structure and more efficient purchasing operations.
However, Wal-Mart still plans to open 100 stores in China during the next three years. A Wal-Mart executive said the stores being closed there do not have ideal locations or layouts. -
MinuteClinics open inside Northern California CVS stores
Woonsocket, R.I. - The first MinuteClinic walk-in medical clinics in Northern California and the Bay Area have opened inside select CVS/pharmacy stores in Santa Clara and San Mateo counties. Three MinuteClinic locations are now operating in Foster City, San Jose, and Sunnyvale CVS/pharmacy stores.