Wal-Mart Stores' push of radio-activated tags on suppliers has hit a standstill, as tests show radio frequency identification technology hasn't led to savings. Wal-Mart has installed the RFID technology at five stores, although original plans were to install the technology at up to 12 distribution centers by January 2006.
Wholesaler Associated Food Stores acquired Gonzales & Sons, a Hispanic food distributor for an undisclosed price. "Associated will use this new partnership to grow business opportunities in not only companies currently served by Gonzales, but also expanding product availability to the Hispanic/Latino communities through member store supermarkets of Associated Food Stores," said an Associated executive.
The Senate Finance Committee has approved $8 billion in small business tax breaks over the next decade, sweetening the pot to prepare for an expected boost in the federal minimum wage. The pay raise has already passed the House, and could be debated by the Senate as early as next week.