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Walmart, Starbucks join global initiative for renewable energy
Nine large U.S. companies on Wednesday committed themselves to achieving a major sustainability goal — and three of them are retailers.
Walmart, Starbucks and Nike are among the firms joining RE100, a global initiative led by The Climate Group to engage, support and showcase influential businesses committed to 100% renewable electricity. Other firms joining the campaign include Goldman Sachs, Johnson & Johnson, Procter & Gamble, Salesforce, Steelcase, Voya Financial.
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Walmart buys Silicon Valley solution for Sam's Club
Walmart has returned to its acquisitive ways in Silicon Valley with the purchase of PunchTab, a four-year old company with talent and technology to help the retailer’s Sam’s Club division better personalize offers.
Jeremy King, head of WalmartLabs, and Jamie Iannone, president and CEO of Samsclub.com announced the deal to acquire PunchTab in a joint statement on the @WalmartLabs site. The deal involves the purchase of PunchTab’s and six employees who will join WalmartLabs including founder Mehdi Ait Oufkir.

