BIO’s Rosado joins FMI
ARLINGTON, Va. — The Food Marketing Institute said Tuesday that it has appointed Robert Rosado as director of government relations.
According to FMI, Rosado will focus on legislation that impacts supermarkets in the areas of food safety, health care, food deserts and the 2012 Farm Bill.
“Rob has a broad range of expertise in food and agriculture that will be very helpful to FMI and its members. His background also includes working with federal agencies on many issues related to the food retail industry,” FMI president and CEO Leslie Sarasin said.
Rosado joins FMI from the Biotechnology Industry Organization where he was policy manager for the food and agriculture issues. Before joining BIO, he served as director of legislative and political affairs for the Foreign Agriculture Service at the U.S. Department of Agriculture.
Target’s recycling efforts pay off
MINNEAPOLIS — Target said that its in-store recycling stations collected and recycled more than 170 million shopping bags, weighing more than 1,800 tons, between April and December 2010.
The retailer also said that its in-store recycling stations, which were launched to make it easier for guests to recycle common household items, also collected and recycled more than 700 tons of bottles and cans, as well as nearly 2 million units of such small electronics as MP3 players and cell phones during the nine-month period.
Target launched recycling stations in all of its stores in April 2010 as part of its celebration of the 40th anniversary of Earth Day. The retailer added that it is continuing its sustainability efforts for this year’s Earth Day and beyond.
Click here for more information about Target’s commitment to the environment.
Walmart’s social commerce gets ‘Kosmix’ intervention
BRISBANE, Calif. — Walmart announced that it has acquired the services of Kosmix, a Mountain View, Calif.-based company, to grow its multichannel strategy.
Kosmix’s founders Venky Harinarayan and Anand Rajaraman will lead the newly formed @WalmartLabs, based in Silicon Valley, which Walmart said will create technologies and businesses around social and mobile commerce that will support Walmart’s global multichannel strategy, which integrates the shopping experience between bricks-and-mortar stores and e-commerce. Harinarayan and Rajaraman are early pioneers of online shopping; their first company, Junglee, was acquired by Amazon.com in 1998.
“We are expanding our capabilities in today’s rapidly growing social commerce environment,” said Eduardo Castro-Wright, Walmart’s vice chairman. “Social networking and mobile applications are increasingly becoming a part of our customers’ day-to-day lives globally, influencing how they think about shopping both online and in retail stores. We are excited to have the Kosmix team join us to accelerate the development of our social and mobile commerce offerings.”
The transaction is subject to customary closing conditions, and the company anticipates it will close during the first half of this year.