The ministers of economic development, trade and industry and agriculture, forestry and fisheries in South Africa are protesting the nation’s Competition Tribunal’s approval of a merger agreement between Walmart and Massmart.
It is logical that Wal-Mart Stores Inc. president and CEO Mike Duke would top Supermarket News’ Power 50 list of the food industry’s most influential executives. The company sells more food, by a large margin, than anyone else, therefore a case could be made that Duke, or whoever is CEO of Walmart, should top the publication’s list each year.
Walmart is among a group of retailers who further aligned themselves with a key Obama administration initiative this week by committing to open more than 1,500 stores in urban and rural markets defined as food deserts. The initiative is part of the Obama administration’s Let’s Move! campaign designed to address the nation’s weight problem by improving access to fresh foods.
Less than six months into her role as Walmart’s EVP global customer insights, Cindy Davis rocked the retail analytics world this week with news that Walmart would resume sharing sales data with Nielsen.