- IKEA will open a virtual store on Alibaba’s Tmall e-Commerce platform that will offer 3,500 IKEA products and home furnishing solutions, expanding the retailer’s presence in China. Story by Bryan Wassel.
- CVS Pharmacy and Schnucks announced today that they have entered into a definitive agreement for CVS Pharmacy and certain of its subsidiaries to acquire Schnuck Markets Inc.’s retail and specialty pharmacy businesses. Report from CVS Newsroom.
Source: IKEA Opens Store On Tmall, Expanding Its Presence In China | Retail TouchPoints
Source: CVS Pharmacy Signs Agreement to Acquire, Rebrand and Operate Schnucks Pharmacies | CVS Newsroom