Whole Foods Reviews Lobster Treatment
Austin, Texas, Whole Foods Market Inc. says it will stop selling lobsters if a more humane way isn’t found to buy and sell them. The natural and organic foods grocer set a June 15 deadline for carrying out a new process for buying and selling live lobsters, to be led by an internal task force.
“Our commitment to animal compassionate standards means eliminating unnecessary and avoidable suffering when it is possible,” said John Mackey, co-founder and CEO, Whole Foods Market. “We are viewing the lobster as a live creature rather than a commodity that deserves no concern.”
Finlay Signs New Agreement With Federated
New York City, Finlay Enterprises, the leading operator of licensed fine-jewelry departments in department stores, has signed a new three-year agreement with Federated Department Stores for the four Macy’s divisions in which Finlay currently operates. The new agreements were negotiated as a result of Federated’s recent acquisition of The May Department Stores Co. and the merged companies’ subsequent divisional realignment.
Couche-Tard Has Strong Quarter
Laval, Canada, Alimentation Couche-Tard posted strong second-quarter growth: Net earnings jump 44.9% to $55.5 million in the quarter ended Oct. 9. Revenues increase by 29.9% or $551.6 million to $2.39 billion. The company also signed an agreement in the second quarter to acquire 16 sites in New Mexico, United States and two agreements in the third quarter for 26 sites in Tennessee and seven sites in Ohio.