(AOF) – Best Buy – Dollar Tree – Macy’s – Target
Store traffic increased 61% during Black Friday 2021 compared to last year, according to RetailNext, a company that measures store attendance. However, it is still down 37% from 2019. According to Sensormatic Solutions, traffic has climbed 48% year on year, but remains 28% lower than two years ago.
Hertz announced the implementation of a new share buyback program of up to $ 2 billion. The car rental company said the new program, which takes effect immediately and is not limited in time, includes the remaining $ 200 million from the previous program. The program represents nearly 18% of the company’s market capitalization, which stood at $ 11.30 billion at Friday’s close.
Moderna is working on developing vaccine booster doses adapted to the new variant of the coronavirus called Omicron, detected in South Africa. According to American biotech, a reformulated vaccine could be ready in early 2022.
Walmart is looking to recruit a new CFO to replace Brett Biggs, who was in office since December 2015 and has been with the company for 22 years. He wants to retire to explore new opportunities. He will remain CFO until a new CFO is appointed, and then help with the transition until his departure on Jan.31, 2023. The retail giant says it will consider internal applications as well as external.
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