Morning Report: Walmart offers deal on Easter essentials

Walmart is pledging to give Easter shoppers some relief. The nation’s largest retailer announced in a blog post on Monday that it will offer Easter meal and basket essentials at last year’s prices. This means customers will be able to get an Easter meal and basket for under $100 each, according to Walmart. The company noted that over half of its customers were expecting inflation to have an impact on their celebration.

The Department of Justice sues Rite Aid for alleged involvement in opioid crisis. The DOJ says Rite Aid unlawfully filled hundreds of thousands of prescriptions. Rite Aid declined to comment on the litigation.

The mood was definitely cheerier on Wall Street this Tuesday. No banks failed, despite concerns that turmoil from the collapse of Silicon Valley Bank would spread.

The FDA authorizes Pfizer’s Covid Omicron booster as a fourth shot for kids under 5. Children must be previously vaccinated with three doses of the company’s original vaccine before receiving the latest booster.

Coors and Dick Vitale are teaming up to bring back Coors-icles as a March Madness treat. Coors-icles are non-alcoholic, beer-flavored popsicles that are meant to be enjoyed by anyone over the age of 21. They’ll be sent to 800-plus bars in the U.S. to refresh college basketball fans.

 

Categories: Morning Business Report