The average investor probably appreciates no-hassle investments more than anything else. Most investors simply want to set it and forget it when it comes to their portfolio.
Walmart's Walmart decision to close all of its health centers is due to lack of profitability. The company is closing 51 health centers in five states and a virtual care offering.
Walmart launched a new private food brand with hundreds of items across a variety of categories. This comes as private brands continue to gain market share.
Corrections and crashes test the resolve of investors who claim to be in it for the long haul. Some investors flee from the stock market upon any distress, while others buckle down and wait for the storm to pass.
NEW YORK — Walmart is launching the U.S. retailer's biggest store-label food brand in 20 years in terms of the breadth of items, seeking to appeal to younger customers who are not loyal to grocery brands and want chef-inspired foods that are more affordably priced.
Walmart will shut down the health clinics it has at 51 stores across five states. The retailer cited a "challenging reimbursement environment and escalating operating costs.
Walmart announced plans Tuesday to close all of its doctor-staffed clinics around the country as it shuts down its entire Walmart Health division after determining that the centers weren't a profitable business model. Along with the closing of the clinics, the retailer is also beginning the process of shutting down its Walmart Health Virtual Care program.
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