Walmart announced on Tuesday that it had reached a $3.1 billion settlement framework to resolve all lawsuits lodged against it by local, state and tribal governments over the sale of powerful opioids at its pharmacies.
Why it matters: The deal makes Walmart the latest retail giant to cut such an agreement. Earlier this month CVS Health and Walgreens, the two largest drugstore chains in the U.S., agreed to pay about $5 billion each to settle opioid-related lawsuits.
