Walmart to nearly double health center footprint
The company has announced its plans to open 28 new Walmart Health centers in 2024, taking the total number of locations to over 75 by the end of the year. The expansion will see Walmart Health centers increasing their presence in Texas, particularly in the Dallas (10 locations) and Houston (8 locations) metropolitan areas. Additionally, Walmart Health will be expanding into two new states, Missouri and Arizona.
March 2,2023 | Chain Store Age

How McDonald’s won over China
The fast food giant plans to open 1,900 new restaurants this year, almost half of them in China, McDonald’s CFO Ian Borden told analysts on an earnings call in January.
February 28,2023 | CNBC

Amazon closes, cancels more warehouses as cost-cutting persists
The company has canceled, closed or delayed 99 U.S. facilities, impacting nearly 32.3 million square feet of active or planned ground-level space in 30 states.
March 1,2023 | Retail Dive

Alimentation Couche-Tard picks up 45 Big Red Stores in Arkansas
The transaction is expected to close during the first half of calendar year 2023, subject to standard regulatory approvals and closing conditions.
February 28, 2023 | Convenience Store News

First Horizon warns TD deal may be in limbo
The Tennessee bank, in a filing Wednesday, said TD does not expect regulatory approval by the deal’s May 27 extended deadline.
March 1, 2023 | Banking Dive

Krispy Kreme significantly expands test with McDonald’s
Doughnuts will be sold in 160 of the burger chain’s restaurants, and the product will now be able via delivery and mobile app.
February 27, 2023 | QSR Magazine

Department Stores Scaling Back as Consumer Spending Slows
Macy’s is rolling out smaller format stores, while Nordstrom is ending its operations in Canada and focusing on the U.S.
March 2, 2023 | Chain Store Age