Walmart-owned Sam's Club will offer online shopping and delivery via Instacart from half its US stores by the end of October, the companies said. The deal, which represents an expansion of Walmart's partnership with Instacart, will also allow nonmembers to shop online at Sam's Club.
Grocers are using Dallas-Fort Worth and other Texas markets to test their home delivery options in a region with high competition but more reasonable costs. Market heavyweights Walmart and Kroger are among those setting up innovation labs in the region.
Walmart will build a high-tech grocery warehouse in California that will move products 40% faster than its existing facilities, the company said. The warehouse, set to open in 2020, will use robots to improve both speed and efficiency.
Coca-Cola has named Brian Smith its next president and chief operating officer effective Jan. 1, and Nancy Quan will serve as the company's chief technical officer. John Murphy has been tapped as Coca-Cola's new chief financial officer, replacing company veteran Kathy Waller, who is retiring.
Kellogg partnered with GLAAD to launch All Together cereal, featuring Froot Loops, Apple Jacks, Rice Krispies, Frosted Flakes and Frosted Mini Wheats in the same box. The limited-edition product was sold Thursday at the Kellogg Cafe in New York in honor of #SpiritDay, an effort to stop bullying of LGBTQ youth, with proceeds going to GLAAD.
As companies such as Google and Microsoft release new hardware, they will face an uphill battle in gaining market share from established market leaders such as Apple. However, these devices can be used to feed into a far more important market for big tech companies -- the subscription service market.
Comcast reported that its fastest internet service is now available to almost 58 million homes and businesses in the US, exceeding the reach of all other providers. The high-speed internet segment represents a major part of the company's revenue and profits, which is critical as its video service subscribers decline.
Walmart executive Frank Yiannas will move to the Food and Drug Administration in November to take on the newly created position of deputy commissioner for food policy and response. Yiannas will be in charge of creating the new office of food safety as the agency undergoes a reorganization.
- Page 1