Jonathan Roeder

Business

Walmart Boosts Average Hourly Wage to $16.40

Walmart Boosts Average Hourly Wage to $16.40 Employees restock shelves at Walmart. (Patrick T. Fallon)

Walmart Inc. said it will raise wages for a swath of its U.S. workforce, bringing its average hourly wage to $16.40 as the big-box retailer competes for employees amid a labor shortage.

Jonathan Roeder | Bloomberg News
September 2, 2021
Business, Logistics

Just as Things Look Better for Retail, Amazon Rears Its Head

Amazon Amazon Basics products sit on display for sale inside an Amazon store in Berkeley, Calif. (Cayce Clifford/Bloomberg News)

News of Amazon .com Inc.’s department store plans sent a shudder through retail stocks just as some of the biggest names in the industry were reporting robust earnings, a signal that new challenges await in the beleaguered sector.

Jonathan Roeder | Bloomberg News
August 19, 2021
Business, Logistics, Top 100

PepsiCo Buys Wellness-Focused Muscle Milk in New CEO’s First Move

pepsi Luke Sharrett/Bloomberg News

New PepsiCo Inc. CEO Ramon Laguarta has made his first acquisition, purchasing the maker of sports and wellness products Muscle Milk from Hormel Foods Corp. for an undisclosed amount.

Jonathan Roeder | Bloomberg News
February 20, 2019