Walmart Reports Third Quarter Results

Field & Stream, a 125-year-old magazine devoted to physical effort outdoors, is embracing 21st-century technology. Editor-in-chief Colin Kearns writes in a post that “Field & Stream is going to be a digital magazine.” Countless publications have already taken that step. But Kearns explains what it will mean to Field & Stream readers, a hearty breed judging by the pub's content. “For starters, instead of having issues delivered to your mailbox, they’ll conveniently come to where you already consume so much F&S content every day — to your phone, tablet or computer,” Kearns writes.

Sustainability remains a top priority for consumers, with 78% of respondents reporting that sustainability concerns are very or somewhat important to them when choosing to buy a product or shop at a retailer, according to results of the third annual Blue Yonder Consumer Sustainability Survey. Seven-in-10 respondents indicated that they have shopped at a retailer promoting their products as sustainable at least once or more in the past six months, which is slightly down from the 74% who reported doing so in the 2023 and 2022 editions of the survey. Close to half (47%) of respondents reported that their interest in shopping sustainably has greatly or slightly increased in the last year, while 40% of respondents said they would pay up to an additional 5% and 25% said they would pay an additional 10% or more.

The Board of Directors announced the selection of the Chief Executive Officers (CEO) and company names for each of the two companies, which would become effective upon the completion of the spin-off: *The ODP Corporation – a leading B2B solutions provider serving small, medium and enterprise level companies, will consist of several operating companies, including the contract sales channel of ODP’s current Business Solutions Division, which will be renamed ODP Business Solutions, and ODP’s newly formed B2B digital platform technology business, which will be named Varis. ODP Business Solutions and Varis will be owned by ODP, but operated as separate businesses. ODP will also continue to own the global sourcing operations and other sourcing, supply chain and logistics assets. Gerry Smith will continue to serve as CEO of The ODP Corporation following the separation. *Office Depot – a leading provider of retail consumer and small business products and services distributed via approximately 1,100 Office Depot and OfficeMax retail locations and an award-winning eCommerce presence, officedepot.com, will be spun-off and will be named Office Depot, Inc. Kevin Moffitt, currently EVP, Chief Retail Officer of The ODP Corporation, will be appointed CEO of Office Depot upon completion of the spin-off.