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Business, Private

Walmart Boosts Managers’ Base Pay, Redesigns Bonus System

NEW YORK — Walmart Inc. is raising the starting base pay for store managers, while redesigning its bonus plan that will put more of an emphasis on profits for these leaders.

Anne D'Innocenzio | Associated Press
January 18, 2024
Government, Business, Private

Washington State Sues to Block Kroger-Albertsons Merger

SEATTLE — Washington state Attorney General Bob Ferguson on Jan. 15 sued to block the proposed merger of Kroger and Albertsons, two of the nation’s largest grocery chains.

January 16, 2024
Business, Technology, Autonomous, Private

Walmart Expands Rollout of Generative AI Search on App

Walmart Inc. opened up access to a generative artificial intelligence tool that allows shoppers to search for products by specific use cases rather than look up one item at a time.

Ed Ludlow and Jaewon Kang | Bloomberg News
January 10, 2024
Technology, Logistics, Private, TCA

Walmart Announces Dallas Drone Deliveries Covering Millions

Walmart says drone deliveries are no longer a futuristic idea, as it will be able to make drone deliveries with its partners Wing and Zipline to 75% of Dallas-Fort Worth by the end of this year.

Maria Halkias | The Dallas Morning News
January 10, 2024
Business, Technology, Private, Global Freight

Daimler Partners With Amazon for Fuel Cell Truck Trials

Daimler Truck plans to begin the first on-road customer tests of hydrogen fuel cell-powered Mercedes-Benz GenH2 trucks in global markets in the middle of 2024.

Keiron Greenhalgh | Staff Reporter
December 20, 2023
Business, Logistics, Private

Retailers Improve Delivery Speeds

Some of America’s biggest retailers are working to increase their shipping speeds to please shoppers expecting faster and faster deliveries.

December 19, 2023
Business, Private

CRH Offers to Buy Australian Adbri in $1.4 Billion Deal

Global building materials firm CRH Plc has offered to purchase Australian concrete maker Adbri Ltd. in a joint takeover proposal with Barro Group, valuing the target business at $1.4 billion.

Richard Henderson | Bloomberg News
December 18, 2023
Business, Equipment, Fuel, Private

Reyes Coca-Cola to Deploy 20 eCascadias in California

Reyes Coca-Cola Bottling will deploy 20 Freightliner eCascadia Class 8 tractors, said Daimler Truck North America, the truck manufacturer’s parent company.

Keiron Greenhalgh | Staff Reporter
November 21, 2023
Business, Private

Walmart Attracts Savings-Minded Shoppers, Posts Strong Q3

Walmart extended its streak of strong quarterly gains heading into the holiday season as its low prices attract shoppers looking for deals in a tough economic environment.

Anne D'Innocenzio | Associated Press
November 16, 2023
Business, Private

Pepsi on Its Way to Surpassing Coca-Cola’s Value

PepsiCo Inc. is on course to take over as the biggest U.S. beverage company by market value, supplanting rival Coca-Cola Co., according to Wall Street analysts.

Katrina Compoli | Bloomberg News
November 13, 2023