According to Walmart, the partnership is an example of how the company prioritizes “purposeful” collaborations to accelerate the adaptation of regenerative practices as part of both its goal and the Walmart Foundation’s goal to protect, restore and more sustainably manage 50 million acres of land and 1 million square miles of ocean by 2030.
Bringing back the “theater of retail” is a priority for Jason Buechel, the new chief executive officer of Whole Foods Market, Austin, Texas, a business unit of Amazon.com, Inc., who spoke at the Groceryshop conference held Sept. 19-22 in Las Vegas.
Walmart Inc. and Sustainable Beef LLC announced on Aug. 31 that the world’s largest retailer would take a minority stake in the company as it plans to start on a new $325 million beef processing facility in 2022.