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Walmart Inc. v. DEA-DOJ was a settlement involving the complaints and lawsuits of Walmart pharmacy, and other large pharmaceutical companies. The lawsuits were made after an official complaint issued by the United States Department of Justice and the Drug Enforcement Administration, after Walmart was accused of illicitly selling opioids to their customers.
In 1992, when the company had grown to over 300 stores and 25,000 employees, [6] Monus and his CFO Patrick Finn were accused of embezzlement: they had allegedly hidden losses and moved about $10 million (~$19.5 million in 2023) from Phar-Mor to the World Basketball League that Monus had founded.
Equate is a brand used by Walmart for consumable pharmacy and health and beauty items, such as shaving cream, skin lotion, over-the-counter medications, and pregnancy tests. The Equate brand was originally created by L. Perrigo Company in 1986 [ 11 ] and was sold to Walmart in 1993. [ 12 ]
Tom Thumb partnered with Wal-Mart in 1987 to create several Hypermart USA in Garland, Texas, and Arlington, Texas. Hypermart USA stores were the early, smaller prototype for the current Walmart Supercenter concept. Their initial lack of success led Tom Thumb to exit the partnership in 1991.
Marketside was a chain of grocery stores owned by Walmart in the metro Phoenix area. The stores were opened in October 2008 and closed in October 2011. [1] Only four locations operated, in Chandler; Gilbert; Mesa; and Tempe. Each store was about 16,000 square feet in size.
Osco Drug & Sav-on Drugs – freestanding locations acquired by CVS Pharmacy; Osco still exists as the pharmacy within Jewel; Pay 'n Save; Peoples Drug – acquired by CVS Pharmacy; Perry Drug Stores – acquired by Rite Aid in 1995; Phar-Mor – bankrupt due to $500 million embezzlement; some assets acquired by Giant Eagle; Read's Drug Store
Most locations have Pharmacy, Tire and Battery, Photo (as of late 2019, photo was cut from most clubs), Bakery, Optical, Café, and Floral departments. Sam's Club consolidated its private labels under the Member's Mark brand in 2017. [39] Sam's Club does not sell the Sam's Choice or Great Value brands that are available in Walmart stores.
Logo used since January 13, 2025 Sam Walton's original Walton's Five and Dime, now the Walmart Museum Visitor Center in Bentonville, Arkansas.. The history of Walmart, an American discount department store chain, began in 1950 when businessman Sam Walton purchased a store from Luther E. Harrison in Oklahoma City, Oklahoma, and opened Walton's 5 & 10. [1]