Sustainability

Austin -- Whole Foods Market reported Wednesday a profit jump of 35% to $88.5 million, compared with $65.7 million in the year-earlier period.

Revenue rose 11% to $2.4 billion, meeting Wall Street expectations, and same-store sales rose 8.4%.

Austin, Texas -- Whole Foods Market announced Monday it is launching a charitable organization with a goal to provide children access to healthy foods.

Whole Kids Foundation, said the grocer, will work with schools, educators and other organizations to help improve children's food choices.

The foundation's first initiative is a program to help put in place or expand teaching gardens to help build children's relationships with food through the power of gardening.

Mooresville, N.C. -- Lowe’s Cos. said Friday it has promoted M. Lee Reeves to senior VP, deputy general counsel and assistant secretary.

Reeves, who joined Lowe’s in 2004 as senior counsel, will lead the corporate transactions, intellectual property and information technology legal teams as a part of his new role.
 

AUSTIN, Texas — Whole Foods Market announced that it has launched the Whole Kids Foundation, a charitable organization that will provide children with access to healthy food choices through partnerships with schools, educators and organizations.

Chicago -- Wal-Mart Stores said Monday it has launched site work for a new store in Chatham, Ill. The new superstore is expected to create 400 new jobs and open in spring 2012.

MOORESVILLE, N.C. — Lowe’s has announced the promotion of M. Lee Reeves to SVP, deputy general counsel and assistant secretary. Reeves will continue to report to Gaither Keener, EVP, general counsel, secretary and chief compliance officer.

In his new role, Reeves’ responsibilities include leading the corporate transactions, intellectual property and information technology legal teams.

Reeves joined Lowe’s in 2004 as senior counsel, after serving as a member of a private law firm. 

Deerfield, Ill. -- Walgreens said Thursday it plans to offer electric vehicle (EV) charging stations at approximately 800 locations across the country by the end of 2011, which would make the drugstore chain the country’s largest retail host.

The charging stations will feature either a high-speed direct current charger that can add 30 miles of range in as little as 10 minutes of charging time, or a Level 2 charger that can add up to 25 miles of range per hour of charge.

By Adam Siegel, VP sustainability, RILA