Key Highlights: PepsiCo has appointed Walmart finance executive Steve Schmitt as its new CFO, effective from Nov. 10. Schmitt, currently the CFO for Walmart U.S., will succeed Jamie Caulfield, PepsiCo’s CFO, who will retire next year after a distinguished 30-year…
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Walmart
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Dive Brief: Walmart announced on Wednesday that it plans to eliminate artificial dyes and 30 other ingredients commonly found in processed foods from its store brands by January 2027. This move is considered one of the largest private brand reformulations…
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Walmart Opens First Owned-and-Operated Case-Ready Beef Facility in Olathe, Kansas The newly opened case-ready beef facility in Olathe, Kansas, marks a significant milestone for Walmart as it continues to invest in U.S.-made and sourced goods. Plans for the facility were…
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Key Points: Walmart collaborates with Cropin to enhance forecasting for its fresh produce supply chain using artificial intelligence technology. Cropin’s agri-intelligence platform and AI-powered solutions will be utilized by Walmart to improve yield forecasting, monitor crop health, and predict seasonal…
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Key Points: TreeHouse Foods, the manufacturer of Walmart’s Great Value chicken broth, issued a recall due to an internal procedural error, not packaging materials. The recall affected 2,023 cases of broth sold in nine states, with Tetra Pak supplying the…