Bloomberg Mexico’s biggest airline plans to use proceeds from a $173 million stock sale to pounce on struggling rivals as it rebounds from an unprecedented travel collapse. Volaris is restoring seating capacity this month to 100% of last year’s levels and targeting a return to profitability by the second quarter of 2021, said Chief Executive Officer Enrique Beltranena. The carrier …

Bloomberg Walmart Inc says it’s preparing its more than 5,000 pharmacies across the US to receive Covid-19 vaccine doses, including adding freezers and dry ice to handle any cold-storage demands. The preparations underway at Walmart and Sam’s Club pharmacies also include creating processes to tell customers when to get their first and second doses and entering agreements with states about …

Bloomberg Costco Wholesale Corp topped Wall Street’s profit expectations during the first quarter amid continued high demand for food and supplies, even as the warehouse chain said pandemic-related costs remain elevated. Profit climbed to $2.62 a share in the period ended on November 22, the company said. Analysts had expected $2.06 on average, according to estimates compiled by Bloomberg. Costco …