Paine Schwartz Partners Announces Sale of FoodChain ID, Completing Successful Investment

December 14, 2020 Paine Schwartz Partners

Paine Schwartz Partners, a global leader in sustainable food chain investing, today announced that Paine Schwartz Food Chain Fund IV (“Fund IV”) has completed the sale to Berkshire Partners of FoodChain ID (the “Company”), a market leading platform dedicated to providing a holistic suite of technology-enabled food safety, quality, and sustainability solutions.

Amazon Fresh Opens in Naperville

Amazon Fresh, the e-commerce giant’s budding chain of physical grocery stores, is set to open Thursday in Naperville, the first of four stores the company is planning in the Chicago area.

UNFI Commits to Setting Science-Based Targets to Limit Climate Change Impact

December 14, 2020 UNFI

United Natural Foods, Inc. (NYSE: UNFI), one of the largest wholesale grocery distributors in North America, today announced that it will lead the way towards a net-zero economy by setting science-based emissions reduction targets covering its own operations and value chain.

Walmart Announces More Than $700 Million in Additional Associate Bonuses, Tops $2.8 Billion in Total Cash Bonuses to Associates in 2020

December 14, 2020 Walmart

Walmart announced more than $700 million in additional cash bonuses to its U.S. based associates. The company’s latest bonus announcement includes $319 million in quarterly bonuses paid in associates’ Nov. 25 paychecks following strong third quarter business performance and an estimated $388 million in special cash bonuses to be paid Dec. 24 in recognition of associates’ sustained commitment to customers during the pandemic.

PMA Comments on EPA Proposed Rule on Exemptions of Plant Incorporated Protectants (PIPs)

December 14, 2020 Produce Marketing Association

The Produce Marketing Association (PMA) submitted comments on the U.S. Environmental Protection Agency (EPA) Proposed Rule for Pesticides; Exemptions of Certain Plant Incorporated Protectants (PIPs) Derived from Newer Technologies.