Christine LaFave Grace


Articles by
Christine LaFave Grace

Page 10

Pedal to the Metal: Walmart Plans to Spend Big for Speed

For an "emboldened" Walmart, now is the time to accelerate key investments, CEO Doug McMillon says in a presentation.


Walmart to Raise Wages, Reports Comp Sales Up 8.6%

Quarterly revenue jumped by 8.6% while the retailer said it would accelerate investments in key areas, including automation and fulfillment centers.

Packaged salads were No. 1 in terms of overall sales, while organic spices and herbs saw the greatest dollar growth in the category.

Rick Gomez, who joined the Minneapolis-based retailer in 2013, is named EVP and chief food and beverage officer, replacing the departing Stephanie Lundquist.

Ankur Shah becomes finance and strategy chief at the growing online grocer, which operates in nine states and Washington, D.C.

Target will provide up to four hours of pay for workers who get the vaccine and free Lyft rides to vaccination sites.

With less access to their favorite shrimp, lobster and fish dishes at restaurants, consumers are venturing into new waters and preparing more seafood at home.

Hormel said the deal broadens its scope for future deals in the snacking space.

From charcuterie to lunch meat and jerky, consumers clamor for convenient protein.

For Walmart, building supplier diversity means helping smaller suppliers scale up. To bring Weathered Souls' Black Is Beautiful stout to store shelves, that included enlisting the help of eight other craft breweries.

With no food sampling in-stores and many consumers doing at least some of their grocery shopping online, how can a brand support new-product discovery—and the basket sales boost that comes from it?

A Texas district court judge dismissed Walmart's lawsuit against the U.S. Department of Justice and the Drug Enforcement Agency.

  • Page 10