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In defense of John Fleming
WHAT IT MEANS AND WHY IT'S IMPORTANT Recently departed chief merchandising officer John Fleming will be remembered for a lot of things during his 10-year career at Walmart, but a champion of the retailer’s corporate culture isn’t one of them. That’s too bad.
(THE NEWS: Walmart chief merchant announces departure. For the full story, click here)
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Generics may dampen pharmacy sales for drug stores, but they sure help patients
WHAT IT MEANS AND WHY IT'S IMPORTANT CVS Caremark made a major push to showcase the tools it uses to curb costs as it revealed a study indicating that more lax generic regulations could save states millions of dollars, not to mention that its annual insights report revealed an increase in generic dispensing rates.
(THE NEWS: CVS Caremark study: Less restrictive generic laws could curb state Medicaid costs. For the full story, click here)