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Pharmacy Giant Walgreens Taps Tim Wentworth to Be CEO
The incoming chief executive faces a tough challenge, with a core business under pressure due to pharmacy-benefit managers such as his former employer Express Scripts.
U.S. Car Sales Expected to Increase Again in the Third Quarter
The car market has yet to see an impact from UAW strike-related factory shutdowns. Source link
Meal-Kit Maker Blue Apron to Be Sold
The sale to food-delivery startup Wonder would end a disastrous six-year experiment with public ownership. Source link
Instacart Prices IPO at $30 a Share, at Top End of Expectations
The grocery-delivery company is valued at nearly $10 billion ahead of its long-anticipated public-trading debut Tuesday. Source link
Amazon Searches for Its Next Big Hit
Listen to article (1 minute) The team atop Amazon.com has been pushing for years to find what they call a “fourth pillar,” an internal shorthand
Walgreens Chief Executive Steps Down
Rosalind Brewer has stepped down less than three years after taking the helm of the pharmacy operator. Source link
Consumers Are Spending Like It's 2019
Shoppers have shifted their spending habits in a postpandemic world, leaving retailers in the lurch. Source link
Dick's Sporting Goods Blames Theft for Profit Woes
The retailer’s second-quarter earnings fell short of expectations and it incurred a fresh round of severance expenses from recent job cuts. Source link
Retailers Are Fleeing Downtown San Francisco. IKEA Is Moving In.
Listen to article (1 minute) IKEA thinks it can succeed where a string of other retailers have given up—in San Francisco’s beleaguered downtown district. Copyright
Instacart Set to Raise IPO Price Target After Successful Arm Debut
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