Sustainability

Bentonville, Ark. -- Wal-Mart Stores, announced Monday that the company has completed its investment for a 51% stake in South African-based Massmart Holdings Limited.

Conserving energy just seems to come naturally to Staples Inc. The office supply chain’s embrace of energy-efficient technologies and practices throughout its facilities has won it a reputation as one of the retail industry’s leading green stars. Indeed, Staples was recently honored as the 2011 Energy Star Partner of the Year in Energy Management by the U.S. Environmental Protection Agency for its leadership in energy efficiency and greenhouse gas emissions reduction.


BENTONVILLE, Ark. — Wal-Mart Stores announced that it has completed its investment for a 51% stake in South African-based Massmart Holdings Limited for ZAR148 per Massmart ordinary share.

Massmart will continue to trade on the JSE Limited to provide Massmart shareholders with the ability to participate in the growth opportunity of the combined entity.  

TCP, the Aurora, Ohio-based manufacturer of energy efficient lighting products, has announced that industry veteran Jorge Fernandez will be joining the company in the position of SVP business development. Fernandez comes to TCP from Home Depot, where he led the company’s energy efficient lighting category.

Washington, D.C. -- Eighty percent of building owners expect double-digit energy-price increases during the next year, causing owners to set an average energy reduction target of 12%, according to Johnson Controls’ fifth annual global Energy Efficiency Indicator survey.

RYE, N.Y. — Jarden Corp., a manufacturer of a variety of branded consumer products, announced that James Lillie was named CEO effective immediately.  Martin Franklin, formerly chairman and CEO of Jarden Corp., will serve as executive chairman, overseeing corporate strategy, including growth initiatives, corporate culture and philosophy.