Data provided by McGregor BFA
All data is delayed
Loading...
See More

Walmart pledges to sell healthier foods

Jan 20 2011 18:21 Sapa-AP

Related Articles

Walmart deal gets the nod

Global labour challenge to Walmart

Unions back down on Walmart protest

Workers to picket during Walmart vote

Unions seek Walmart guarantees

Massmart sales soar

 

Washington - Retail giant Wal-Mart will reformulate thousands of products to make them healthier and push its suppliers to do the same.

First lady Michelle Obama, who has urged companies to make foods healthier through her campaign to combat childhood obesity, joined the company in Washington on Thursday for the announcement.

Wal-Mart plans to reduce sodium and added sugars in some items, build stores in poor areas that do not already have grocery stores, reduce prices on produce and develop a logo for healthier items.

As the largest grocer in the US, Wal-Mart's size gives it unique power to shape what people eat. It also has massive influence on products made by other manufacturers and sold at their stores.

Walmart has bid for 51% of South Africa's Massmart. The R17bn deal was given the nod earlier this week by Massmart shareholders.

NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're Talking About: Small Business

Standard Bank is looking for 12 entrepreneurs to participate in a 10-part TV series. They could win a R1m investment into their dream.
 
 

11 Julius Malema quotes you'll never forget

Julius Malema speaks his mind, he always has. Here's a look at some of his most memorable and controversial sayings over the past few years.

 
 

Latest elections multimedia

11 Julius Malema quotes you'll never forget
DA won't get 30% - Zille
The EFF's ad was banned, see why
Why Jack Parow wants you to vote on 7 May

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...