Confirming long-held speculation, Wal-Mart Stores on Friday announced that it was laying off 450 associates at its home office in Bentonville, Ark. — changes CEO Doug McMillon said would help the retailer become “a more nimble organization that serves customer better.”
A&P in a document filed in U.S. Bankruptcy Court late Wednesday detailed $12.6 million in payments for top executives and other insiders in the year leading to its Chapter 11 bankruptcy — monies that creditors may seek to “claw back” in the case.
As Bill Smith sees it, the e-commerce space for groceries still has plenty of room to grow. And the CEO of Birmingham, Ala.-based Shipt intends to stake out ground for a service-oriented, membership-based, on-demand grocery concierge.
With the sale of 95 stores to Acme and Stop & Shop out of the way and 25 stores closing, A&P is now turning its attention to the disposal of the remainder of the chain — a process that could shape into an "everything must go" sale.
Wal-Mart Stores’ technology arm, @WalmartLabs, on Tuesday said it has acquired Silicon Valley software company PunchTab, with intentions of using the company’s technology to tailor offers to its Sam’s Club shoppers.
In a speech provoking an emotional response from Natural Products Expo East attendees, Joel Salatin called for an end to a prevailing “conquistador mentality” to farming and food systems in the U.S. in favor of “nurturing approach” he argued is superior and more sustainable.