The National Retail Federation will recognize Cornell at its annual conference in January.
Companies
Company now forecasts annual revenue will hit $11 billion
The retailer reports domestic comparable sales up nearly 21 percent in record second quarter.
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The retailer reported sales increases across all five of its merchandise categories in the second quarter.
Deal extends company’s digital banking expansion.
The Minnesota-based agricultural giant says it is forming a joint venture to buy Mississippi-based Sanderson Farms.
The brands’ parent company JAB Holding Co. is reorganizing its fast-casual brands to help “fuel growth.”
Fund established to back BIPOC tech entrepreneurs
Fortune 500 companies all post sales gains of more than 20 percent.
The former CEO of Ecolab has joined the ownership of JIT Services Inc., a sustainability-focused consulting firm.
First of its kind social bond supports BIPOC developers of affordable housing
The retailer also plans to partner with venture capital firms to help BIPOC entrepreneurs find funding.
The Golden Valley-based food giant expects to lay off over 700 workers in the United States and Canada.
The retailer’s revenue hit $11.6 billion, a significant jump from pre-pandemic levels.
The Austin, Minn.-based company reported a record $2.6 billion in sales during its second quarter, due in part to a recovering foodservice sector.
The first quarter of 2021 was marked by an “enthusiastic return to in-store shopping,” CEO says.
But mandates will remain in place where prescribed by local ordinances.
Company’s pet food sales is fastest-growing division.
The Minneapolis-based bank is providing a share of a $25 million funding package to three Minnesota nonprofits, which will in turn distribute the money to small businesses owned by women of color.
The cooperative teams with businesses and nonprofits to create an American Connection Corps of young advocates.
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