I-Bytes Retail & Consumer good Industry.

IT Shades
Engage & Enable
I-Bytes
Retail & Consumer good
July Edition 2020
Email us - solutions@itshades.com
Website : www.itshades.com

IT Shades
Engage & Enable
For any queries, Please write to marketing@itshades.com
About Us
Who We are Aim of this IByte Reasons to talk to us
ITShades.com has been founded with
singular aim of engaging and
enabling the best and brightest of
businesses, professionals and
students with opportunities,
learnings, best practices,
collaboration and innovation from IT
industry.
This document brings together a set
of latest data points and publicly
available information relevant for
Retail & Consumer good. We are
very excited to share this content and
believe that readers will benefit from
this periodic publication immensely.
1. Publishing of your company’s solutions/
announcements in this document.
2. Subscribe to this and other periodic
publications i.e. I-Bytes, Solution Letters from
ITShades.com.
3. For placement of your company's click-able
logo and advertisements.
4. Feedback for us to improve the content and
format of these periodic publications.

IT Shades
Engage & Enable
Sponsoring Companies for this Edition
LOGO 1 LOGO 2 LOGO 3
LOGO 4 LOGO 5

IT Shades
Engage & Enable
Table of Contents
1. Financial, M & A Updates...................................................................................................................................1
2. Solution Updates................................................................................................................................................21
3. Rewards and Recognition Updates..................................................................................................................33
4. Partnership Ecosystem Updates.......................................................................................................................41
5. Miscellaneous Updates......................................................................................................................................56

IT Shades
Engage & Enable
Financial, M & A
Retail & Consumer good Industry

Lore Lorem
ipsum
dolor sit
amet,
consec-
tetuer
Financial, M&A Updates
IT Shades
Engage & Enable
Alibaba Cloud (China) Invests US$283 Million to Accelerate
Global Partner Innovations
Alibaba Cloud, the data intelligence backbone of Alibaba Group, announced that it will invest RMB2 billion during this fiscal year to empower
global partners and accelerate joint innovations in the post-pandemic era. The investment aims to bring its partners up to speed with
digitalization capabilities and create joint products and solutions to benefit even more customers across all sectors. In collaboration with global
partners, Alibaba Cloud has delivered more than 2,000 hybrid cloud projects last year to help customers expedite their digitalization processes,
saving tens of millions of operation and infrastructure costs. To equip customers with holistic post migration capabilities, Alibaba Cloud has
also curated more than 3,000 online classes with partners across the globe, so that customers can gain insights and learn from the proven
business scenarios. Alibaba Cloud is working with close to 10,000 global partners serving more than 350,000 business customers worldwide.
With a strong determination to help partners succeed, Alibaba Cloud has invested heavily in research and development, enabling partners to
integrate their products and services on Alibaba Cloud’s leading infrastructure platform, so that customers can benefit from the joint solutions
for faster time to market. In support of the “to-be-integrated” initiative, to date, together with partners such as MongoDB, Intel, VMware,
Salesforce, SAP, Red Hat and Fortinet, Alibaba Cloud has created more than 500 joint solutions catering to industries such as new retail,
fintech, manufacturing, media and entertainment.
Description
1

Lorem
ipsum
dolor sit
amet,
consec-
tetuer
IT Shades
Engage & Enable
Barry Callebaut (Switzerland) completes acquisition of GKC Foods in Australia
The Barry Callebaut Group, the world’s leading manufacturer of
high-quality chocolate and cocoa products announced that it has
successfully closed the acquisition of GKC Foods Pty Ltd, a producer
of chocolate, coatings and fillings, that serves many consumer
chocolates brands in Australia and New Zealand. The integration will
start as of now. This strategic acquisition establishes Barry Callebaut’s
direct presence and manufacturing capacity in the growing Australian
market. The acquisition of GKC Foods empowers the Group to expand
its position in the industrial chocolate market and to leverage its
value-adding Gourmet & Specialties business in Australia and New
Zealand. Australia and New Zealand have an average chocolate
consumption of approximately 5 kilograms per capita, the highest
per-capita chocolate consumption in Asia Pacific, according to
Euromonitor1. In Australia, demand for chocolate has been on the rise –
the chocolate confectionery market in the country grew well above the
global market according to Nielsen.
Executive Commentary
“We are happy to welcome the team of GKC Foods to the Barry
Callebaut family. The heritage and local knowledge GKC Foods have
built since the 1980s, combined with the expertise, the state-of-the-art
manufacturing processes and the capabilities of an undisputed leader
in chocolate and cocoa innovation will bring further excellence to the
Australia and New Zealand markets. We strongly believe in the
growth opportunities in these still largely captive markets.” Said
President of Barry Callebaut in Asia Pacific.
Description
2

Lorem
ipsum
dolor sit
amet,
consec-
tetuer
IT Shades
Engage & Enable
Brown-Forman (USA) to Sell Early Times, Canadian Mist, Collingwood
Brown-Forman Corporation announced that it has reached an
agreement to sell the Early Times, Canadian Mist, and Collingwood
brands, and the Canadian Mist production assets, to Sazerac Company.
This sale reflects the continued evolution of the company's portfolio
strategy to focus on premium brands. Brown-Forman has actively
managed the shape and contents of its portfolio over the last decade and
a half through developing, acquiring, and divesting various businesses
and brands. The company believes this portfolio management,
alongside innovation, will allow it to continue to focus on the best
growth prospects and value creation over the long term. Early Times,
which is celebrating its 160th anniversary this year, was the first brand
Brown-Forman purchased in 1923. Canadian Mist joined its portfolio in
1971 and was the company’s first production operations outside of the
United States.
“Early Times and Canadian Mist have been valued brands in our
portfolio for many years, and they each have played significant roles
in our company’s history, said President and Chief Executive Officer,
Brown-Forman Corporation. We are thankful to all the people who
have distilled, bottled, shipped, marketed, and distributed these
brands with care over the years.”
Description
3

IT Shades
Engage & Enable
Brown-Forman (USA) Reports Fiscal 2020 Results
Fiscal 2020 Highlights
• Underlying net sales were flat in a year marked by significant disruption
• The United States, our largest market, grew underlying net sales 5% (+8% reported),
while our developed international and emerging markets each declined 1% (-2% and
-4% reported, respectively)
• Jack Daniel’s family of brands underlying net sales were flat (+1% reported).
Underlying net sales growth from Jack Daniel’s Tennessee Apple, Jack Daniel’s
RTDs3, and Jack Daniel’s Tennessee Honey was offset by declines in Jack Daniel’s
Tennessee Whiskey
• Premium bourbons grew underlying net sales 21% (+24% reported) led by Woodford
Reserve’s 19% underlying net sales growth (+23% reported) and supported by even
stronger underlying growth from Old Forester, the company’s founding brand, which is
celebrating its 150th year
• Our tequila portfolio grew underlying net sales 2% (+5% reported) as high
single-digit growth in the U.S. was partially offset by declines in Mexico. Herradura
grew underlying net sales 7% (+11% reported) and el Jimador grew underlying net
sales 5% (+8% reported), while underlying net sales for New Mix declined.
• Non-branded and bulk underlying net sales declined 29% (-30% reported) primarily
reflecting lower used barrel demand and pricing along with a reduction in bulk
whiskey sales
• Brown-Forman generated an ROIC3of 20%
“In the third quarter our teams continued to execute well in a slower market than we
initially planned and delivered solid performance while we continued to invest in
our growth and take actions to overcome external pressures such as tariffs,” said
Chief executive officer, Fortune Brands. “Beginning in September and continuing
into October we are seeing a pickup in the home products market from both new
construction and repair and remodel. The improved demand, combined with actions
we are taking to strengthen the Company and capture growth opportunities, should
benefit us in the 4th quarter and set us up for a solid start to 2020.”
4
Key Financial Highlights

IT Shades
Engage & Enable
CarMax (USA) Reports First Quarter Fiscal 2021 Results
Highlights:
• First quarter performance significantly impacted by the Coronavirus
pandemic. More than 80% of the days in the quarter were negatively
impacted by a mix of store closures and limited operations. In addition,
open stores were also impacted by occupancy restrictions. For the quarter,
comparable store used unit sales declined 42%.
• Sales have progressively improved since hitting a trough in early April;
comparable store used unit sales for the two weeks ended June 14 were
within 10% of last year’s sales, with many stores generating positive
comparable stores sales.
• Strong margin management execution during a period of unprecedented
depreciation; used and wholesale gross profit per unit for the first quarter
were $1,937 and $978, respectively.
• Grew our liquidity position during the quarter by selling through
inventory and quickly aligning costs to lower sales volumes.
• Omni-channel rollout almost complete; in addition, customers can now
buy a car via curbside pickup at 200 stores nationwide.
CEO Commentary, “We accomplished a lot this quarter, despite the
challenges the pandemic posed,” said Bill Nash, president and chief
executive officer. We continued our omni-channel rollout and launched
new initiatives, such as contactless curbside pickup, a temporary
extension of our 90-day warranty and CAF payment assistance to meet
the near-term needs of our customers; we introduced social distancing
and enhanced sanitation procedures; and we shifted our entire
wholesale business from in-person to online auctions. In addition, we
continued to keep our appraisal lanes open where possible for
customers who wanted or needed to sell their cars.”
5

Lorem
ipsum
dolor sit
amet,
consec-
tetuer
IT Shades
Engage & Enable
Constellation Brands (USA) Acquires Digitally-Native Wine Brand, Empathy
Wines
Constellation Brands, Inc., a leading beverage alcohol company,
announced its purchase of Empathy Wines, a high-performing,
digitally-native wine brand and direct-to-consumer platform co-founded
by entrepreneur and media personality Gary Vaynerchuk with business
partners Jon Troutman and Nate Scherotter. Empathy Wines focuses on
producing high quality, sustainably made wines, sold
direct-to-consumer through its eCommerce platform, powered by
consumer insights and content-driven digital marketing. This move
aligns with Constellation’s wine and spirits vision to be a bold and
innovative, high-end portfolio of distinctive brands and products that
deliver exceptional consumer experiences. As part of the agreement,
Constellation will work with the Empathy Wines team to further scale
the brand’s growth, while leveraging their rich consumer insights and
analytics, proven brand building expertise, and high-performing digital
technology to build DTC and digital capabilities that Constellation
intends to scale across its wine and spirits brands to help deliver strong
and sustainable growth for its portfolio.
“We are committed to transforming our wine and spirits business into
a high-performing brand portfolio that consistently delivers growth
and shareholder value, said President and chief executive officer,
Constellation Brands. Key to our strategy is being consumer obsessed
building a direct relationship with our consumers, meeting them
where they are shopping and engaging, and pushing beyond to meet
their evolving preferences well into the future. We believe Empathy
Wines has the right team and approach to help us deliver exceptional
brands and experiences to our consumers, and thereby
industry-leading growth, by expediting our ability to more deeply
connect with consumers and build the strongest direct-to-consumer
and digital commerce business in the category.”
Description
6

IT Shades
Engage & Enable
General Mills (USA) Reports Results for Fiscal 2020 and Outlines
Fiscal 2021 Priorities
Fourth Quarter Highlights
• Net sales increased 21 percent to $5.0 billion and organic net sales¹ were up 16
percent, primarily reflecting a significant increase in at-home food demand
driven by the COVID-19 pandemic.
• Operating profit of $830 million increased 16 percent; constant-currency
adjusted operating profit was up 24 percent.
• Diluted earnings per share (EPS) of $1.02 were up 9 percent; adjusted diluted
EPS of $1.10 increased 33 percent in constant currency.
Full Year Highlights
• Net sales of $17.6 billion increased 5 percent from the prior year; organic net
sales were up 4 percent.
• Operating profit increased 17 percent to $3.0 billion; constant-currency
adjusted operating profit was up 7 percent.
• Diluted EPS of $3.56 were up 23 percent; adjusted diluted EPS of $3.61
increased 12 percent in constant currency.
• Cash from operations totaled $3.7 billion, up 31 percent; free cash flow of
$3.2 billion increased 42 percent. The company beat its fiscal 2020 deleverage
target.
“I’m proud of the way our organization has remained focused on serving the
needs of our consumers and communities while protecting the health and
safety of our employees throughout the COVID-19 pandemic, said General
Mills Chairman and Chief Executive Officer. Amid significant challenge and
change in the world around us, General Mills adapted and executed in fiscal
2020 to deliver outstanding financial results while fulfilling our purpose of
making food the world loves. We’ve demonstrated extraordinary agility to
meet the unprecedented increase in demand for food at home and to win
across our categories.
7

Lorem
ipsum
dolor sit
amet,
consec-
tetuer
IT Shades
Engage & Enable
Ingredion (USA) Completes Acquisition of PureCircle
Ingredion Incorporated, a leading global provider of ingredient solutions to
diversified industries, announced the completion of its acquisition of PureCircle
Limited, the world’s leading producer and innovator of plant-based stevia
sweeteners and flavors for the food and beverage industry. PureCircle brings
global innovation and manufacturing expertise, enabling Ingredion to leverage
its global go-to-market model, formulation capabilities and broad ingredient
portfolio. PureCircle is wholly owned by Ingredion’s acquisition subsidiary,
which is in turn 75%-owned by Ingredion and 25%-owned by former PureCircle
shareholders. Additional information about the acquisition is presented in
Ingredion’s filings with the Securities and Exchange Commission. Founded in
2002, PureCircle combines advanced R&D with full vertical integration from
farm to high-quality, great-tasting innovative stevia sweeteners. PureCircle
collaborates with the farmers who grow the stevia plants and with the food and
beverage companies, which seek to improve their low- and no-calorie
formulations using a sweetener from plants
“This is a significant step forward as we advance our Driving Growth
Roadmap and further align our sugar reduction and specialty sweetener
platform to the megatrends in the food and beverage industry, said Ingredion’s
president and chief executive officer. PureCircle provides substantial growth
potential that is aligned with our strategy to create long-term shareholder
value. We have always had tremendous respect for the PureCircle team and
the business they have built over the last two decades. We are excited to
welcome them to the Ingredion family. Most importantly, our team stands
ready to drive new growth opportunities that are fully aligned with consumers’
preferences for plant-based alternatives that are sustainable, good for the
environment and taste great.”
Description
8

Lorem
ipsum
dolor sit
amet,
consec-
tetuer
IT Shades
Engage & Enable
KPN (Netherland) Ventures provides growth capital to photonics chip manufacturer
SMART Photonics
KPN Ventures announces its minority stake in the € 35M investment round of
SMART Photonics, a Dutch company that produces photonics chips. Other
participants in this round are a financial investor and two regional development
companies, one of which will also manage the financial contribution of the
Ministry of Economic Affairs and Climate in SMART Photonics. The company,
founded in 2012 and located on the High Tech Campus in Eindhoven, has the
ambition to fulfil a worldwide leading role as an independent producer and
supplier of photonic integrated circuits, photonics chips that work on the basis
of light and complex integration of components on a single chip with much
lower energy consumption compared to traditional chips. SMART Photonics has
already built up a worldwide group of customers, including major tech
companies from the US, Europe and Asia. In addition, the company supplies a
range of young Dutch and European tech companies that develop applications
for integrated photonics. SMART Photonics' technology enables its customers to
develop chips for a new generation of communications and high-precision
sensor applications in telecom, medical equipment and healthcare, transportation
and efficient industrial processes.
Director KPN Ventures explains the strategic value for KPN: “Photonics is a
very important technology area for KPN to be able to keep up with the
immense amount of data generated at high speed by new technologies such as
IoT, AI, virtual reality and self-driving cars. Thanks to this new generation of
photonics chips, we can move data faster, cheaper and more sustainably. That
is why we see a unique, strategic opportunity for KPN to be closely associated
with the development of this technology with SMART Photonics in order to
continue to optimally serve our customers in the future.”
Description
9

Lorem
ipsum
dolor sit
amet,
consec-
tetuer
IT Shades
Engage & Enable
JBS (USA) to Invest $2.7 Million in Marshalltown to Support Local Community as
Part of Hometown Strong Initiative
JBS USA announced plans to donate $2.7 million to help
Marshalltown, Iowa, respond to needs resulting from the coronavirus
pandemic and invest in the community’s future. JBS USA is working
with local leaders to identify where the funds can best help meet
immediate and longer-term community needs. All projects will be
determined by the end of the year. Hometown Strong is a national $50
million initiative that adds to commitments JBS USA has made this
year to protect employees and ensure their job security amid the global
pandemic. Hometown Strong is one of the largest community
investment programs of its kind in the country.
“We are proud to be part of the Marshalltown community, and we
recognize our responsibility to do more than just produce food during
this critical time in our country, said General Manager, JBS
Marshalltown. We want to partner closely with the community to
make meaningful and lasting investments that will benefit our team
members, their families and our neighbors now and in the future.”
Description
10

Lorem
ipsum
dolor sit
amet,
consec-
tetuer
IT Shades
Engage & Enable
JBS USA to Invest $4 Million in Nebraska to Support Local Communities as Part of
New Hometown Strong Initiative
JBS (USA), an American-based food company, announced plans to invest
$4 million in Nebraska to help local communities respond to coronavirus
and invest in the future. The investment is part of a new, national $50
million initiative called Hometown Strong that adds to commitments JBS
USA has made this year to protect employees and ensure their job security
amid the global pandemic. JBS USA has a significant presence in the state
of Nebraska, employing 4,300 people and paying local producers nearly
$2.5 billion each year to support two Nebraska facilities, including fresh
beef production facilities in Grand Island and Omaha. An important
contributor to the Nebraska economy, JBS USA has an annual payroll in
Nebraska of more than $191 million, and contributed nearly $34 million in
taxes and more than $84 million in capital investments over the last five
years. Nationally, the $50 million investment – one of the largest of its
kind being made – will include donations to alleviate food insecurity,
strengthen long-term community infrastructure and well-being, and
support COVID-19 emergency response and relief efforts. All funds will
be committed by the end of the year.
“The rural towns and communities where we live and work are the key
to our success and Grand Island, Nebraska, is home to one of the
centerpieces of American agriculture, said President of JBS USA Fed
Beef, which includes the Grand Island fresh beef facility. “We are proud
to work with local producers, local businesses and our community to
deliver the highest quality beef to Nebraskans and the world.”
Description
11

Lorem
ipsum
dolor sit
amet,
consec-
tetuer
IT Shades
Engage & Enable
JBS (USA) Unveils Plans to Invest $5 Million in Iowa to Support Local Communities
as Part of New Hometown Strong Initiative
JBS USA, an American-based food company and owner of Plumrose USA, a
premium branded meat company, announced plans to invest $5 million in Iowa to
help local communities respond to coronavirus and invest in the future. The
investment is part of a new, national $50 million initiative called Hometown Strong
that adds to commitments JBS USA has made this year to protect employees and
ensure their job security amid the global pandemic. JBS USA has a significant
presence in the state of Iowa, employing more than 4,800 people and paying local
producers nearly $1.7 billion each year to support four Iowa facilities, including
two fresh pork facilities in Marshalltown and Ottumwa, and two Plumrose USA
consumer-ready production facilities in Council Bluffs. An important contributor to
the Iowa economy, JBS USA has an annual payroll in Iowa of more than $270
million, and contributed more than $30 million in taxes and more than $155 million
in capital investments over the last five years. Nationally, the $50 million
investment – one of the largest of its kind being made – will include donations to
alleviate food insecurity, strengthen long-term community infrastructure and
well-being, and support COVID-19 emergency response and relief efforts. All funds
will be committed by the end of the year.
“We take great pride in feeding millions of American families every day, said BS
USA CEO. And this year brought home the fact that our responsibilities and the
challenges we can help solve – go beyond the production of quality food. We’re
deeply connected to our communities, and Hometown Strong is our way of
showing that commitment and support. We know each community need is
different and we’re listening to local leaders to determine where help is needed
most.”
Description
12

Lorem
ipsum
dolor sit
amet,
consec-
tetuer
IT Shades
Engage & Enable
JCPenney (USA) Receives Court Authorization to Access Debtor-In-Possession Financing
J. C. Penney Company, Inc. announced that it has received authorization from the U.S.
Bankruptcy Court for the Southern District of Texas, in Corpus Christi, Texas to access
its debtor-in-possession financing, which includes $450 million of new money from its
existing First Lien lenders. The Company had previously received approval to access
and use its approximately $500 million in cash collateral. Under the terms of the DIP
agreement, JCPenney has access to up to $225 million immediately, and will have
access to an additional $225 million as needed after July 15, 2020, subject to certain
conditions. In addition, the Company’s Ad Hoc Crossholder Group of lenders has
agreed to participate in the rollup portion of the DIP in the amount of $53 million. As
previously announced, JCPenney entered into a restructuring support agreement with
lenders holding approximately 70 percent of JCPenney’s first lien debt to reduce the
Company’s outstanding indebtedness and strengthen its financial position. To
implement the financial restructuring plan, the Company filed voluntary petitions for
reorganization under Chapter 11 of the U.S. Bankruptcy Code. At every touchpoint,
customers will discover stylish merchandise at incredible value from an extensive
portfolio of private, exclusive and national brands. Reinforcing this shopping
experience is the customer service and warrior spirit of nearly 85,000 associates across
the globe, all driving toward the Company's mission to help customers find what they
love for less time, money and effort.
Chief executive officer of JCPenney, said, “We are pleased to have received Court
approval to access $450 million in new money, $225 million of which will be drawn
immediately. This is a positive step forward that will help us execute our Plan for
Renewal and store optimization strategy, continue working seamlessly with our
vendor partners, fund our ongoing business operations, and continue our focus on
further developing the Company’s go-forward business plan to successfully
restructure JCPenney. In recent weeks, we have safely welcomed back valued
customers to nearly 500 JCPenney stores, and we look forward to opening additional
stores while following guidance from local and state orders. This progress would not
be possible without the hard work and dedication of our associates, and we remain
confident we will emerge from both Chapter 11 and this pandemic as a stronger
retailer.”
Description
13

IT Shades
Engage & Enable
The J. M. Smucker Company (USA) Announces Fiscal 2020 Fourth
Quarter Results
Executive Summary
• Net sales increased $189.9 million, or 10 percent, driven by increased
consumer demand resulting from the COVID-19 pandemic.
• For the full year, net sales were $7.8 billion, a 1 percent increase of
comparable sales excluding acquisition, divestiture, and foreign currency
exchange.
• Net income per diluted share was $1.98. Adjusted earnings per share was
$2.57, an increase of 24 percent.
• For the full year, net income per diluted share was $6.84. Adjusted earnings
per share was $8.76, an increase of 6 percent.
• Cash from operations was $287.7 million compared to $274.2 million in the
prior year.
• Free cash flow was $211.3 million in the quarter and $985.5 million for the
full year.
• The Company provided its fiscal 2021 outlook, with an expected net sales
decline of 1 to 2 percent, adjusted earnings per share to range from $7.90 to
$8.30, and free cash flow to range from $900 to $950 million.
"I am extremely proud and thankful for how our employees have responded
during the COVID-19 pandemic. We ensured our employee safety and
well-being, supported the communities where we do business, maintained our
product quality standards, and partnered with our suppliers and retailers to
provide a steady supply of food for consumers and their pets, said President
and Chief Executive Officer. Our strong response is reflected in our
exceptional fourth quarter results, with record-setting net sales and adjusted
earnings per share. This exceptional growth is a testament to the strength of
our brands and consumer-centric strategy, as consumers turned to trusted
products to stock their kitchens as stay-at-home orders were implemented
across North America."
14

IT Shades
Engage & Enable
Kroger (USA) Reports First Quarter 2020 Results
First Quarter Highlights
• Identical Sales without fuel grew 19.0%
• Digital sales grew 92%
• EPS of $1.52; Adjusted EPS of $1.22
• Achieved Operating Profit of $1.3 billion; Adjusted FIFO
Operating Profit of $1.5 billion
• Invested more than $830 million to support and safeguard
associates, customers and communities, including today's
installment of Thank You Pay for frontline workers
• Contributed an additional $236 million to multi-employer
pension plans to help stabilize future associate benefits
"The COVID-19 pandemic and the most recent instances of
racial injustice have changed our country in unmistakable
ways, not the least of which is the devastating loss of life and
livelihood that has affected so many Americans. Kroger
remains guided by our purpose and our values. I am proud of
our associates who stepped up when we were called to be there
for our customers, communities and each other. Our company
is proud to stand with our Black associates, customers and
communities against racism and for a more just and equitable
society. Said CEO of Kroger.
15

Lorem
ipsum
dolor sit
amet,
consec-
tetuer
IT Shades
Engage & Enable
L'Oréal (France) Signs Agreement to Acquire Thayers Natural Remedies, a US-based
Natural Skincare Brand
L’Oréal announced the signing of an agreement to acquire Thayers Natural
Remedies, a US-based natural skincare brand from Henry Thayer Company. The
brand will be integrated into L’Oréal’s Consumer Products Division. Headquartered
in Easton Connecticut, Thayers Natural Remedies has a strong skincare heritage
and offers a portfolio of high-quality products including toners and astringents.
Founded in 1847 by Doctor Henry Thayer, the brand is best known for its iconic
Witch Hazel Aloe Vera Formula Facial Toner, a bestselling product popular among
a diverse group of consumers. The brand has expanded its distribution from natural
grocery stores to a multichannel strategy which includes mass and beauty retailers,
drugstores and e-commerce. Thayers Natural Remedies recorded sales of US $44
million in 2019. L’Oréal has devoted itself to beauty for over 100 years. With its
unique international portfolio of 36 diverse and complementary brands, the Group
generated sales amounting to 29.87 billion euros in 2019 and employs 88,000
people worldwide. As the world’s leading beauty company, L’Oréal is present
across all distribution networks: mass market, department stores, pharmacies and
drugstores, hair salons, travel retail, branded retail and e-commerce.
President and CEO of L’Oréal USA, Executive Vice President North America,
said: “With a more than 170-year heritage, Thayers Natural Remedies is a
beloved American brand that has stayed true to its roots as it has evolved its
product offerings and forged a strong connection with consumers. Built on a
foundation of top-rated skincare products, the brand is more relevant today than
ever before. We believe in its growth potential and unique positioning in the mass
skincare market.”
Description
16

IT Shades
Engage & Enable
Capri Holdings Limited (USA) Announces Fourth Quarter and Full
Year Fiscal 2020 Results
Fourth Quarter and Full Year Fiscal 2020 Highlights
• Fourth quarter revenue decline of 11.3%, full year revenue
growth of 6.0%
• Fourth quarter adjusted operating margin of 8.3%, full year
adjusted operating margin of 13.6%
• Fourth quarter adjusted earnings per share of $0.11, including tax
valuation allowances of $(0.44)
• Full year adjusted earnings per share of $3.89, including tax
valuation allowances of $(0.44)
The Company’s Chairman and Chief Executive Officer, said,
"These are unprecedented times as the COVID-19 pandemic has
dramatically impacted the entire world. My thoughts and prayers
go out to all those who have been affected by the virus. As we
manage through this evolving situation, our first priority is to
help protect the health and safety of our employees, customers
and communities. I want to thank our teams around the globe for
the hard work and dedication they demonstrate every day,
particularly now as we reopen stores and begin to return to our
offices across the globe."
17

IT Shades
Engage & Enable
PVH Corp. (USA) Reports 2020 First Quarter Results and Provides
Business Update Relating to COVID-19 Pandemic
Highlights
• Ended the first quarter with $1.8 billion of liquidity, consisting of approximately
$800 million of cash on hand and $1 billion of available borrowings under revolving
credit facilities
• Prudent and proactive actions taken in response to the COVID-19 pandemic to
preserve liquidity and strengthen financial flexibility
• First quarter results significantly impacted by the COVID-19 pandemic:
• The Company’s stores and its wholesale customers’ stores were closed for six weeks
on average during the quarter
• Revenue decreased 43% to $1.344 billion compared to the prior year period
• EPS was $(15.37) on a GAAP basis, which included $962 million of pre-tax noncash
impairment charges, primarily related to goodwill
• EPS was $(3.03) on a non-GAAP basis
• By mid-June, over 85% of the Company’s stores globally are expected to be
reopened. Sales for reopened stores for the second quarter-to-date are running down
approximately 25% globally compared to the prior year period
• The pandemic will continue to have a significant impact on the second quarter and
full year 2020 results; while the Company expects that its revenue decline in the
second quarter will be more pronounced than in the first quarter, it cannot provide
more detailed guidance at this time due to the dynamic nature of the situation
Commenting on these results, Chairman and Chief Executive Officer, noted, “We
are living through an unprecedented moment in history. From the tragic acts of
racism in the U.S. and around the world, to the COVID-19 pandemic, our thoughts
and hearts are heavy. At PVH, we have always been committed to our people and our
communities, and we are focused on how we can use this moment as a catalyst for
change. As we navigate this backdrop together, I truly hope that the unfolding events
can bring us closer together.”
18

Lore Lorem
ipsum
dolor sit
amet,
consec-
tetuer
IT Shades
Engage & Enable
Sojitz (Japan) Invests in Venture Firm Providing Home Monitoring
Service
Sojitz Corporation, together with Management Service Corporation, has acquired stake in Anshin Support Co., Ltd., a venture
firm providing a home monitoring service that utilizes emergency call devices and a contact center, via third-party allotment of
shares. Anshin Co.’s predecessor, an incorporated NPO, began offering the service in 2008 targeting the ever-increasing number
of households with only a single elderly resident. Now, the service’s user base exceeds 10,000 people. Sojitz will utilize its global
network to develop services not only for Japan, but also for markets with aging societies such as China and Southeast Asia.
Furthermore, in line with our growth strategy, we intend to construct a comprehensive platform in the healthcare and medical
fields by adding online medical diagnostic services to the home monitoring service acquired in this investment. Moving forward,
Sojitz will continue to pursue the creation of businesses all over the world in partnership with companies offering promising
technologies and services in order to tackle problems facing societies, such as declining birthrates and aging populations, and the
shortage of medical and nursing personnel. In doing so, we hope to contribute to the evolution of healthcare, enabling people
everywhere to live happier and healthier lives.
Description
19

IT Shades
Engage & Enable
United Natural Foods, Inc. (USA) Reports Third Quarter Fiscal 2020
Results
Third Quarter Fiscal 2020 Highlights
• Net Sales increased 12% to $6.67 billion compared to $5.96
billion in last year's fiscal third quarter
• Net income increased 54% to $88 million; Adjusted EBITDA
increased 32% to $222 million
• Earnings per diluted share of $1.60; Adjusted EPS increased
130% to $1.40
• Net debt reduced by $302 million compared to the second
quarter of fiscal 2020
• Updates fiscal 2020 guidance, which includes the impact of
Retail included in Continuing Operations
"UNFI's ability to successfully manage the strong increase in
customer demand driven by the COVID-19 pandemic is a
testament to the dedication of our associates, our strong
industry position, and the critical role we play in the North
American food supply chain, said Chairman and Chief
Executive Officer. We expect elevated consumer demand for
our wide variety of natural, conventional and fresh perimeter
products, along with our ongoing synergy and integration
initiatives, to result in a strong finish to the fiscal year. I am so
proud of our team of front-line associates who continue to
amaze us with their commitment to excellence. Our first
priority will continue to be their safety."
20

IT Shades
Engage & Enable
Solutions Updates

Lorem
ipsum dolor sit
amet, consectetuer
adipiscing elit, sed diam
nonummy
nib
Solution Updates
IT Shades
Engage & Enable
Barry Callebaut (Switzerland) launches BC LIVE, a digital events platform
21
Solution Description
Barry Callebaut, the world’s leading manufacturer of high-quality chocolate and cocoa products, is announcing BC LIVE,
a new digital events platform. BC LIVE is launching the week of June 22 with a series of “bite-sized” webinars to
understand lifestyle choices like vegan and keto, and how chocolate can play a role to meet these specific consumer needs.
The series is ideally-suited for food manufacturers in the United States and Canada. Customers will learn about trends in
wellness & sustainability; product solutions, including the launch of two new solutions, for vegan and other growing
lifestyle categories; plus, get a behind-the-scenes new concepts creation experience of “Better for You” treats created by
our chefs in real-time.

Lorem
ipsum dolor sit
amet, consectetuer
nonummy
nib
Solution Updates
IT Shades
Engage & Enable
Colgate (USA) launches Free Online Dentist Consultation
22
Colgate-Palmolive Limited, the market leader in Oral Care has launched Colgate DentistsforMe.in - the first of its kind
Teledentistry platform that brings you free access to Dentists from the comfort of your home. Dental problems are grievously
painful when they occur and in unprecedented times as these, when meeting a dentist physically is not possible due to
restriction of movement, Colgate DentistsforMe.in is an easy option to consult expert dentists in a click. Once you register on
Colgate DentistsForMe.in, you can video call, audio call or chat with any of hundreds of dentists across the country and get
help with any dental issues completely free of charge! Colgate-Palmolive (India) Limited is the market leader in Oral Care in
the country. The company manufactures and markets toothpastes, toothpowder, toothbrushes and mouthwashes under the
‘Colgate’ brand, and a specialized range of personal care products under the ‘Palmolive’ brand. Colgate has been ranked as
India’s #1 Most Trusted Oral Care Brand for the ninth consecutive year, from 2011 to 2019, by The Economic Times - Brand
Equity - Most Trusted Brands Survey, conducted by Nielsen. Colgate has also been ranked as the Most Trusted Oral Hygiene
Brand by TRA’s Brand Trust India Study Report for the ninth consecutive year, from 2011 to 2019.

Lorem
ipsum dolor sit
amet, consectetuer
nonummy
nib
Solution Updates
IT Shades
Engage & Enable
Collect&Go (Belgium) switches to digital cash registers, saving 16 tons of
paper
23
Collect&Go, Colruyt Group's online shopping service, has started rolling out a mobile cash register system. In the coming
months, all 208 existing collection points will be equipped with new software and mobile payment terminals. All collection
points will be switched by the end of October. This is another step in Collect&Go's digital progress. Tests in 5 collection
points over the past few months have shown that the new POS system saves time when picking up groceries. Moreover,
customers now receive their cash register digitally. In this way, Collect&Go achieves a paper saving of 16 tons. Collect&Go
wants to make shopping easier for customers. That's why the online shopping service continues to invest in services that can
make the collection process even more efficient. A new mobile cash register system, developed in collaboration with software
specialist AXI, will be installed on every employee's task device, resulting in more flexibility at the Collect&Go collection
point. The test project in 5 Collect&Go collection points during spring confirms the efficiency and time gains. Because
collection and payment can now be arranged via an application on the mobile device, more customers can be helped at the
same time, and it also runs faster.

Lorem
ipsum dolor sit
amet, consectetuer
nonummy
nib
Solution Updates
IT Shades
Engage & Enable
Givaudan (Switzerland) launches Koffee’Up™, a new sustainable beauty
elixir crafted from upcycled Arabica coffee
24
Givaudan Active Beauty is proud to launch Koffee’Up™, a scientifically proven premium coffee oil crafted using upcycling
techniques. Koffee’Up™ is referred to as the “new argan oil” in the beauty industry as a result of its natural, eco-conscious,
and effective properties, bringing a myriad of facial skin care benefits to consumers such as hydration, protection, and
anti-ageing. The revolutionary beauty product was developed in collaboration with Danish start-up company Kaffe Bueno,
the winner of the 2019 edition of MassChallenge. Switzerland. As Givaudan is a founding partner of the distinguished start-up
accelerator, this is the first product collaboration to result from working with one of the start-ups based in the incubator. The
biotech start-up focuses on upcycling spent coffee grounds, or coffee waste, into active and functional ingredients for
cosmetics to bring health and skin benefits to consumers. The strong sustainable mission of Kaffe Bueno is also in line with
our approach to sustainability, adding value by using upcycling, or by-products from side streams, to enrich our portfolio with
products that are also good for the planet.

Lorem
ipsum dolor sit
amet, consectetuer
nonummy
nib
Solution Updates
IT Shades
Engage & Enable
Givaudan (Switzerland) launches VivaScentz™, a leading-edge fragrance innovation
to enhance consumer well-being
25
Givaudan, the global leader in flavors and fragrances is proud to launch VivaScentz™, an exclusive and radically new
technology guiding our creative teams in crafting fragrances with well-being benefits across all categories of perfume
including fine fragrance, personal, home, and fabric care as well as oral care flavors. This new technology, at the forefront of
the fragrance industry, aims to help consumers achieve a holistic sense of well-being. Givaudan’s Health and Well-being
Centre of Excellence in Ashford has been collaborating with a renowned research academic partner to build a metric that
measures overall well-being, covering the psychological, physiological and social dimensions in a fragrance context. It was
necessary to foster the connection between fragrance and well-being through scientific evidence. Through rigorous tests
carried out by more than 2,000 consumers, it was possible to demonstrate that fragrances created with the VivaScentz™
technology were able to positively impact the user’s overall state of well-being. 89% of consumers from the study believed
that fragrances and oral care flavours can improve their well-being, helping them to achieve a more positive attitude to face
their everyday lives.

Lorem
ipsum dolor sit
amet, consectetuer
nonummy
nib
Solution Updates
IT Shades
Engage & Enable
Kao (Japan) Offers "Multiunit Packages of Kao Products" for Healthcare to Medical Professionals
on the Frontline of the Battle Against the Novel Coronavirus Infection
26
The Kao Group strives to provide free-of-charge multiunit packages comprised of its various healthcare products to
medical professionals working hard every day on the frontline of the battle against the novel coronavirus infection.
They conduct this initiative to express the wishes of all employees of the Kao Group that these products would give a
feeling of relaxation to medical professionals working hard in harsh environments to support communities. We started
to distribute these packages late in April, and we have so far delivered to 97 medical institutions with approximately
8,500 medical professionals. They established the contact for inquiry this time so that as many medical professionals
working at "Designated Medical Institutions for Infectious Diseases" as possible can receive this free service. The Kao
Group continues to make concerted and united efforts to supply products that are necessary for cleanliness-oriented
living and provide health-related information useful for daily living while focusing on Essential Research, product
development, and manufacturing for years to come.

Lorem
ipsum dolor sit
amet, consectetuer
nonummy
nib
Solution Updates
IT Shades
Engage & Enable
Kroger Health (USA) Receives FDA Emergency Use Authorization for its COVID-19 Test Home
Collection Kit
27
Kroger Health, the healthcare division of The Kroger Co. announced the U.S. Food and Drug Administration has
granted Emergency Use Authorization for the COVID-19 Test Home Collection Kit. The testing solution combines the
safety and convenience of at-home sample collection with the expert guidance of a telehealth consultation to help
improve the quality of the collection process. Kroger Health's COVID-19 Test Home Collection Kit will be available
to frontline associates across Kroger's Family of Companies, based on medical need, beginning this week. In
partnership with Gravity Diagnostics, a full-service clinical laboratory located in Covington, KY, Kroger Health plans
to rapidly expand the availability of the home collection kits to other companies and organizations in the coming
weeks, with a goal of processing up to 60,000 tests per week by the end of July. The home collection is performed under
the supervision of a licensed healthcare professional. The process is simple and is available at no cost to eligible
patients who meet established clinical criteria for likely COVID-19 infection or exposure.

Lorem
ipsum dolor sit
amet, consectetuer
nonummy
nib
Solution Updates
IT Shades
Engage & Enable
Makita (Japan) Introduces Two Powerful Demolition Hammers with Exclusive
Anti-Vibration Technology
28
Makita U.S.A., Inc., manufacturer of high-quality professional tools and accessories, is pleased to launch two new demolition
hammers. The Makita® 12 lb. AVT® Demolition Hammer and 23 lb. AVT® Demolition Hammer accept SDS-MAX bits. The
12 lb. Demolition Hammer delivers 8.6 ft.lb. of impact energy with a powerful 10 AMP motor. It weighs only 12.3 lbs.,
creating a compact solution for overhead applications. Users can complete challenging jobs with constant speed control,
which automatically applies additional power to the motor to maintain speed under load, and a variable speed control dial that
enables users to match speed to the application. The demolition hammers have a "soft no-load" function which automatically
reduces the speed of the motor when not in use, helping to increase tool life and performance. The Makita Motor is engineered
with field core interlocking steel laminations, dual ball bearing armature and more copper commutator bars, increasing energy
transfer efficiency for more power and longer tool life. Other features include an L.E.D. power light to indicate switch failure
or cord damage and an L.E.D service light that notifies the user that the brushes need to be replaced. An automatic brush
cut-off protects the commutator from damage for longer tool life. The 12-bit angle settings allow the bit to be set a different
position for operator comfort.

Lorem
ipsum dolor sit
amet, consectetuer
nonummy
nib
Solution Updates
IT Shades
Engage & Enable
Makita (Japan) Launches New 18v LXT Cordless-Corded L.E.D. Upright Light
29
Makita U.S.A., Inc., manufacturer of high-quality professional tools and accessories, is excited to launch the 18V X2 LXT®
Cordless/Corded Upright L.E.D. Area Light . This self-righting light stays in an upright position and provides 360 degrees to keep job
sites illuminated. The flood light features a self-righting design that keeps the light in an upright position, even when knocked over, and
delivers 5,500 / 3,000 / 1,500 lumens on High / Medium / Low. L.E.D. lights effectively illuminate work area without the high heat of
halogens and incandescent lights. This light illuminates 360 degrees for full illumination of the space, or 180 degrees to the left or right.
Get up to 15 hours of continuous illumination with two 5.0Ah 18V LXT Battery on low (batteries and charger not included) and over 3
hours on high. Other features include a dust and water-resistant construction (IP54-rated when using battery) for improved operation in
harsh job site conditions and AC inlet and outlet for chaining multiple upright lights together. This allows for illumination throughout the
job site, from room to room. Convenient carrying handles and a balanced side position allow for easy transportation. The DML810 offers
corded or cordless operation for versatility. It is compatible with Makita’s 18V LXT Lithium-Ion Battery System. It holds two 18V LXT
Lithium-Ion Batteries but operates using one battery at a time. If operating with a cord and AC power is lost, back-up power is provided
by an 18V LXT Battery to keeps the flood light on.

Lorem
ipsum dolor sit
amet, consectetuer
nonummy
nib
Solution Updates
IT Shades
Engage & Enable
Makita (Japan) Launches Two 18v LXT Brushless Cordless Impact Wrenches
30
Makita U.S.A., Inc., manufacturer of high-quality professional tools and accessories, has introduced two new 18V LXT® Brushless Cordless
4-speed ½” Sq. Drive Impact Wrenches one with a friction ring anvil and one with detent anvil. Both impact wrenches provide improved fastening
control ideal for automotive, installation, and fabrication trades.
The new impact wrenches include the following:
• XWT14 - 18V LXT® Brushless 4-Speed 1/2" Sq. Drive Impact Wrench w/ Friction Ring Anvil. Available in kit and tool only versions.
• XWT15 - 18V LXT® Brushless 4-Speed 1/2" Sq. Drive Impact Wrench w/ Detent Anvil. Available in kit and tool only versions.
All the Makita® 18V LXT Brushless 4-Speed ½” Sq. Drive Impact Wrenches combine extended run time and speed control for unmatched
fastening performance. They are powered by a Makita brushless motor for longer run time. The brushless motor delivers 240 ft.lbs. of Max Torque
and 430 ft.lbs. of Nut-Busting Torque. Precise fastening control is achieved through the 4-speed power selection switch with settings ranging from
1,000 – 3,200 RPM. In addition, three forward and three reverse Auto-Stop modes bring added precision and help to reduce the possibility of
damaged materials and lost fasteners. The forward Auto-Stop modes allows the user to apply more torque while keeping within an expected range.
The reverse Auto-Stop modes are engineered for more control when removing a fastener, which helps reduce lost fasteners when working overhead
or in tight spaces.

Lorem
ipsum dolor sit
amet, consectetuer
nonummy
nib
Solution Updates
IT Shades
Engage & Enable
Sysco (USA) Launches New Interactive Virtual ‘Restaurant Readiness Tool’ for
Operators
31
Sysco announced the launch of its Restaurant Readiness Tool, a first-of-its kind simulation that intuitively provides a comprehensive view
of best practices, key considerations and essential supplies for operators re-opening their restaurants as COVID-19 stay-at-home orders
continue to ease. The Restaurant Readiness Tool enables operators to tour a virtual restaurant where they experience an immersive,
360-degree view of the establishment. Users can navigate through the restaurant, clicking various icons for each area and foodservice role
to learn about best practices for ensuring the health and safety of both guests and employees. This is accomplished through a series of
videos, lists of recommended products and links to helpful services, all with seamless access to Sysco’s state-of-the-art shopping
platform, Sysco SHOP. Operators will also find access to other tools, resources and services, including a Snapback Toolkit, which
contains downloadable checklists for restaurant re-opening and information about how Sysco can help operators optimize their menu,
including developing contactless menus utilizing QR codes. Throughout the pandemic, Sysco has provided numerous tools, resources and
services to help restaurants succeed during this challenging environment. Operators can find these resources on Sysco’s Foodie website,
including access to webinars about re-opening planning, as well as information about establishing takeout/delivery service, pop-up
grocery markets and other platforms to help them succeed.

Lorem
ipsum dolor sit
amet, consectetuer
nonummy
nib
Solution Updates
IT Shades
Engage & Enable
5Post (Russia) expands delivery network to 9500 locations
32
5Post, an Х5 Retail Group subsidiary created to develop new parcel delivery services, announces the expansion of the geography of its
Pyaterochka store delivery services. In June, two distribution centres were added to the logistics network, helping to bring the total
number of pick-up locations to 9,500. The new round of expansion will see more than 100 new cities and towns covered by the 5Post
delivery service in June, including Chelyabinsk, Magnitogorsk, Troitsk, Samara, Togliatti and others. Customers can now collect orders
and parcels at 9,500 parcel lockers and pick-up points in 65 Russian regions. In June, 5Post started working with distribution centres in
Chelyabinsk and Samara, with the total number of warehouses increased to 14. Over the past few months, the list of 5Post partners has
grown to include Joom, MyShop, Oriflame, M.Video-Eldorado Group, DNS, Eksmo, Prosvescheniye, Chitai-Gorod, and Labirint. A new
accelerated procedure was rolled out to connect new online stores in just one day, providing small and medium-sized businesses with
access to 5Post's extensive logistics infrastructure. The COVID-19 pandemic has caused certain changes in consumer patterns: while
there has been an apparent rise in demand for courier delivery as people prefer to stay home, the option to pick up online orders from the
nearest store saw no decline in popularity. As a result, 5Post became the only delivery company to keep all its pick-up points open
throughout the lockdown.

IT Shades
Engage & Enable
Rewards & Recognition

R & R Updates
IT Shades
Engage & Enable
Amorepacific (South Korea) Wins WorldStar Packaging Awards 2020
33
Amorepacific received WorldStar Packaging Awards 2020 awarded by the World Packaging Organization for ‘Laneige Layering Cover Cushion’
product container. Receiving an internationally recognized award in the field of packaging is the result of a strong recognition of the level of
innovation and sustainability of the container developed by Amorepacific. Laneige Layering Cover Cushion, which was released in 2018, is designed
to combine cushion and concealer in one product. It contains a concealer for base makeup in the inner space of the cushion container that was
previously left unused. It also combined concealer puff and cushion puff into one, increasing user convenience. The product, inspired by how a
makeup artist holds and uses a makeup palette in one hand, is light and slim making it easy to carry. By applying an efficient container design,
Layering Cover Cushion makes better use of resources by housing both cushion and concealer in one item. The container, once used, is easy to
separate and recycle and comes in a paper package certified by Forest Stewardship Council, adding more green elements. Established in 1970, the
WPO is an international organization made up of associations and companies in the field of packaging. Every year, the WPO hosts WorldStar
Packaging Awards, which is an internationally renowned award in the packaging industry. This year, 321 new packaging technologies entered by 38
countries across the world were awarded at WorldStar Packaging Awards 2020. An awards ceremony was not held this year due to the outbreak of
COVID-19 and trophies were delivered to the winners instead.
R&R Description

R & R Updates
IT Shades
Engage & Enable
Amorepacific (South Korea): HERA Wins 7 Awards at GLOWPICK Awards 2020
H1 Black Foundation & Black Cushion Rank Best Product
34
Amorepacific luxury beauty brand HERA won 7 awards at the GLOWPICK Beauty Awards 2020 H1 presented by GLOWPICK, a
ranking and review platform for cosmetics, realizing the huge interest and support from customers. It won three awards winning the
‘Winner’ rank for its Black Foundation, Black Cushion, and Black Cushion Puff. In addition, HERA’s Youth Activating Cell Serum,
Glow Lasting Foundation, Sensual Spicy Nude Gloss, and Sensual Spicy Nude Balm were given ‘Rookie’ ranks, awarded to new
products that have shown rapidly growing trend among the products of the year. As a result, HERA had the honor of winning 7
GLOWPICK Awards. It is exceptional for one brand to win 7 awards for different products on GLOWPICK, which has more than 3.51
million consumer reviews. It is a result based on an analysis of about 370,000 consumer reviews posted during the first six months of
2020. Black Foundation, which won the ‘Winner’ award, is a liquid-type foundation that closely hugs the skin delivering a chic
semi-matte look with a coverage that lasts for 24 hours. There has been an increasing number of reviews that the foundation lasts long
with transfer-resistant and strong coverage, which is especially perfect to use during hot summer days and when wearing face masks.
Black Cushion was chosen as ‘the cushion of my life’ by many customers by delivering long-lasting effect and strong coverage
compared to previous cushion products, creating flawless skin tone.
R&R Description

R & R Updates
IT Shades
Engage & Enable
ADM (USA) Named to 100 Best Corporate Citizens of 2020 List
35
3BL Media has named ADM to its annual 100 Best Corporate Citizens ranking, recognizing outstanding environmental, social and
governance transparency and performance among the 1,000 largest U.S. public companies. ADM recently announced ambitious
new goals to reduce the company’s absolute greenhouse gas emissions and energy intensity, after meeting ADM’s original “15x20”
plan to improve energy use, greenhouse gas emissions, water and waste to landfill several years ahead of schedule. The 100 Best
Corporate Citizens ranking is based on 141 ESG transparency and performance factors in eight pillars: climate change, employee
relations, environment, finance, governance, human rights, stakeholders and society, and ESG performance. Using a methodology
developed by 3BL Media, all Russell 1000 Index companies are researched by ISS ESG, the responsible investment research arm
of Institutional Shareholder Services. There is no fee for companies to be included in 100 Best Corporate Citizens. To compile the
ranking, corporate data and information is obtained from publicly available sources only, rather than questionnaires or company
submissions. Companies have the option to verify data collected for the ranking at no cost. Data and information used in the 2020
edition of the 100 Best Corporate Citizens ranking is from March 6, 2019 to March 13, 2020.
R&R Description

R & R Updates
IT Shades
Engage & Enable
Coca‑Cola HBC (Switzerland) receives Association for Talent Development “Excellence
in Practice” Award
36
Coca‑Cola HBC receives Association for Talent Development “Excellence in Practice” Award. ATD recognizes practices that
demonstrate clear and measurable results which help achieve organizational goals, meet a demonstrated need, have appropriate
design values, and are clearly aligned with other performance improvement initiatives. their three Fast Forward programmed
prepare their leaders for the next leadership levels by building their capability and readiness with a mix of soft skills development,
mindset shifts and critical experiences. Last year, 629 people participated in our Fast Forward programs. More than 80% of Fast
Forward participants get promoted to new roles annually.
R&R Description

R & R Updates
IT Shades
Engage & Enable
General Mills (Japan) named to 3BL Media’s 100 Best Corporate Citizens of 2020
37
General Mills announced it has been recognized as one of the 100 Best Corporate Citizens by 3BL Media for its outstanding
environmental, social and governance transparency and performance among the 1,000 largest, U.S. public companies. For the third
consecutive year, General Mills received the top ranking amongst its food and beverage peers for its actions, and third in the overall
rankings. General Mills’ sustainability mission centers on promoting environmentally and socially responsible practices across its
value chain to protect the resources and people upon which the company depends. To achieve this mission, General Mills is
focused on initiatives to support climate resilience, regenerative agriculture, healthy watersheds, thriving ecosystems, and
protecting human rights and animal welfare. The 100 Best Corporate Citizens ranking is based on 141 ESG transparency and
performance factors in eight pillars: climate change, employee relations, environment, finance, governance, human rights,
stakeholders and society, and ESG performance. Using a methodology developed by 3BL Media, all Russell 1000 Index companies
are researched by ISS ESG, the responsible investment research arm of Institutional Shareholder Services. To compile the ranking,
corporate data and information is obtained from publicly available sources only, rather than questionnaires or company
submissions.
R&R Description

R & R Updates
IT Shades
Engage & Enable
Kroger Technology (USA) & Digital Named to Computerworld's Top 100 Best Places to
Work in IT
38
The Kroger Co. announced Kroger Technology & Digital has been named to Computerworld magazine's Top 100 Best
Places to Work in IT for 2020. This marks the third consecutive year that Kroger's technology and digital team has been
recognized by the annual list for having an innovative, industry-leading workplace culture. This year, Kroger ranks 51st
among large companies. The 100 Best Places to Work in IT list is an annual ranking of the top work environments for
technology professionals by Computerworld. The list is developed based on categories like benefits, career development,
and training and retention. Computerworld also conducts surveys of IT associates, and their responses are a factor in
determining the rankings. This summer, as part of its emphasis on workplace culture and developing talent, Kroger's
technology and digital team is offering its first virtual summer internship program where more than 30 interns will work on
real projects impactful to the business as well as participate in a series of virtual networking, mentorship and community
service opportunities.
R&R Description

R & R Updates
IT Shades
Engage & Enable
KT&G (South Korea) Researcher Receives Prime Minister Award on 55th Invention
Day
39
KT&G R&D Center was awarded the Prime Minister Award in recognition of his contribution to industrial development at
the 55th Invention Day Ceremony. Organized by the Korean Intellectual Property Office and hosted by the Korea Invention
Promotion Association, this event was established to reward those who contribute to the promotion of invention in Korea.
Its purpose is to contribute to national industrial development by promoting the pursuit of invention nationwide and
promoting the creation and utilization of excellent inventions. With the technology, KT&G localized the production of
tobacco capsules, for which it had previously relied on imports from Japan until 2015, thereby achieving an import
substitution effect of more than tens of millions of dollars annually. This has also opened up the possibility of the
technology being used in various industries such as medicine and food in the future. Centered on this technology, KT&G
established a manufacturing plant in Daedeok-gu, Daejeon, in July 2015. The plant recorded sales of KRW 67 billion last
year, and has been contributing to national economic development and new job creation, including accumulated sales of
KRW 200 billion since its establishment.
R&R Description

R & R Updates
IT Shades
Engage & Enable
Stanley Black & Decker (USA) Named To 100 Best Corporate Citizens Ranking
40
3BL Media has named Stanley Black & Decker to its annual 100 Best Corporate Citizens ranking, recognizing outstanding
environmental, social and governance transparency and performance among the 1,000 largest, U.S. public companies. The
100 Best Corporate Citizens ranking is based on 141 ESG transparency and performance factors in eight pillars: climate
change, employee relations, environment, finance, governance, human rights, stakeholders and society, and ESG
performance. Using a methodology developed by 3BL Media, all Russell 1000 Index companies are researched by ISS
ESG, the responsible investment research arm of Institutional Shareholder Services. The strategy focuses the company's
efforts on three key pillars: empowering makers, innovating with purpose and creating a more sustainable world. By 2030,
Stanley Black & Decker plans to enable 10 million creators and makers to thrive in a changing world, innovate our products
to enhance the lives of 500 million people, and, be carbon positive in its global operations, meaning its carbon capture is
greater than its carbon emissions. Stanley Black & Decker also aims to build a culture where inclusiveness is a reflex, not
an initiative and all employees feel valued, heard and positioned to succeed.
R&R Description

IT Shades
Engage & Enable
Partner Ecosystem

Partner Ecosystem Updates
IT Shades
Engage & Enable
Alibaba Group (China) and Yiwu City Expand eWTP Partnership
41
Alibaba Group and the municipal government of Yiwu, Zhejiang Province in China, have announced plans to develop a Digitized
Comprehensive Bonded Zone under the eWTP framework, making cross-border e-commerce more accessible to small and medium-sized
enterprises at the world’s largest wholesale market. The planned expansion of the strategic collaboration between Alibaba and Yiwu marks the
first anniversary of the city’s establishment as an eWTP hub. The partners launched the hub last year to digitize Yiwu’s commerce infrastructure
and enable new trade flows and opportunities. The expansion is especially timely, supporting the restoration and recovery of global trade under
the Covid-19 pandemic. A core part of the new initiatives is a joint venture between Alibaba Group and Yiwu-based China Commodities City
Group to develop the eWTP cross-border trade service platform of Yiwu. This one-stop platform will offer SMEs digitized trade services,
including customs clearance, foreign exchange settlement and tax procedures. It will be the third trade service platform established at an eWTP
Hub, following the launch of trade platforms in Hangzhou, China and Liège, Belgium. The joint venture will also help develop the Yiwu
Comprehensive Bonded Zone, ratified by China’s State Council in April this year, into one of the country’s most-digitized trade zones. A
highlight of the zone will be the launch of an offline exhibition area to showcase cross-border products, scheduled for pilot launch in
mid-September.
Description

IT Shades
Engage & Enable
Constellation Brands (USA) Signs Separate Agreements to Divest Paul Masson Grande Amber
Brandy and Nobilo Wine Brands as Part of Company’s Wine & Spirits Transformation
42
Constellation Brands, Inc., a leading beverage alcohol company, announced it has signed an agreement with Sazerac Company, Inc.,
one of America’s oldest privately held distillers, to divest the Paul Masson Grande Amber Brandy brand, related inventory and interests
in certain contracts for an aggregate of approximately $255 million. The deal is subject to certain purchase price and closing
adjustments, requires FTC review and clearance, and is expected to close in the second quarter of fiscal 2021. Constellation has signed
a separate agreement with E. & J. Gallo Winery to divest its Nobilo Wine brand and certain related assets and liabilities for $130
million, subject to purchase price and closing adjustments. The Nobilo transaction is expected to close by the end of the second quarter
of fiscal 2021. This agreement was previously announced in December 2019 and is contingent on closing the amended revised deal
announced in May 2020 in which Constellation agreed to divest a portion of its wine and spirits portfolio principally priced at $11 retail
and below, and certain related facilities to E. & J. Gallo Winery for approximately $1.03 billion, subject to closing adjustments, of
which $250 million is an earnout based on divested brand performance over a two-year period after closing. This amended revised deal,
which requires FTC review and clearance, and governmental approvals, is expected to close in the second quarter of fiscal 2021.
Description

IT Shades
Engage & Enable
Coty (USA) and Kim Kardashian West Announce Strategic Relationship to Expand Beauty
Brands Globally
43
Coty Inc. and Kim Kardashian West announced that they have entered into a strategic transaction to further develop Kardashian West’s
business globally. Together, Coty and Kardashian West will focus on entering new beauty categories and global expansion beyond her
existing product lines. Kardashian West and her team will lead all creative efforts in terms of product and communications initiatives,
building on her remarkable global reach capabilities through social media. The transaction is another step in Coty’s renewed emphasis
on its beauty business and ongoing transformation into a more agile, focused company. Kardashian West is one of the world’s most
recognized personalities with 300 million followers across her personal and brand social media channels, as well as being an influential
voice among beauty consumers globally. In January, Coty acquired a 51% stake in Kardashian West’s half-sister Kylie Jenner’s brands.
Under the terms of the agreement, Coty will acquire a 20% ownership interest in Kardashian West's beauty business for $200M. Coty
will have overall responsibility for the portfolio’s development in skincare, haircare, personal care and nail products, leveraging its
deep understanding of the industry and its commercial and go-to-market expertise. Through the relationship each party will leverage its
unique strengths to further build a high growth, direct-to-consumer beauty brand.
Description

IT Shades
Engage & Enable
General Mills (USA) launches three-year regenerative dairy pilot in Michigan in partnership
with Foremost Farms and Understanding Ag
44
General Mills, the maker of Yoplait, Liberté and Mountain High yogurt products, announced the start of a three-year regenerative dairy
pilot in western Michigan, a key sourcing region for its fluid milk supply. General Mills has partnered with consultants Understanding
Ag and dairy cooperative Foremost Farms to pilot regenerative practices and provide support to participating dairy farmers.
Implementing regenerative practices on dairy farms requires a holistic approach to managing land, cows and manure. This is the third
regenerative agriculture pilot that the company has launched – and the first for its dairy ingredient supply since making a commitment
in 2019 to advance regenerative agriculture practices on 1 million acres of farmland by 2030. The three dairy farms in the pilot, which
collectively manage more than 14,000 acres, were chosen for their proximity to General Mills’ dairy manufacturing facility in Reed
City, Michigan, which produces a variety of Yoplait products. As the pilot begins, Understanding Ag consultants will meet with each
dairy farmer to co-develop and implement custom regenerative management plans for a portion of their operation. Throughout the pilot,
partners will monitor data and measure impacts to soil, biodiversity, water, animal well-being and farm profitability.
Description

IT Shades
Engage & Enable
KPN (Netherland) and the Municipality of Rotterdam sign an agreement for the construction of
fiber optics
45
The Municipality of Rotterdam and KPN are working together to provide Rotterdam with better, faster and safer internet. The aim is to
connect 285,000 homes and businesses to the fiber optic network in five years. After the summer, the Centrum-Oost and Delfshaven
areas will be fitted with a fiber optic connection. The other areas will follow later. On Tuesday 30 June, KPN Regional Director Anja de
Vos-Biemans and Alderman Barbara Kathmann confirmed the collaboration by establishing an initial connection between KPN
Headquarters and the new network. Due to the strong increase in internet traffic, Rotterdam residents are increasingly dependent on a
good and stable network. The existing connections in the city cannot always deliver the desired speeds and quality. Glass fiber can cope
with this increasing demand. It is an important facility for all Rotterdam residents. A high-quality network such as fiber optics increases
the connectivity of residents and businesses and prepares the city for the future. The agreement describes KPN's intention to roll out the
fiber-optic network throughout the city and the commitment of the municipality to ensure that the process runs smoothly. For example,
it is being examined whether it is feasible to link the roll-out to other activities in the city in order to minimize the inconvenience for
the people of Rotterdam. And the municipality actively cooperates in providing the necessary permits and / or approvals.
Description

IT Shades
Engage & Enable
Kroger (USA) and Ocado Announce Three Additional Regions for High-Tech Customer
Fulfillment Centers
46
The Kroger Family of Companies, America's largest grocery retailer, and Ocado, a world leader in technology for grocery ecommerce,
announced the continued expansion of their partnership with plans to construct three new Customer Fulfillment Centers in the Great
Lakes, Pacific Northwest and West regions. Kroger has partnered with Ocado to accelerate its ability to provide customers with
anything, anytime, anywhere. The CFC model – incorporating state-of-the-art automation and AI – will be used to expand Kroger
products to a larger footprint. The new facility in the West will measure 300,000 square feet, the new facility in the Pacific Northwest
will measure 200,000 square feet, and the facility in the Great Lakes region will measure 150,000 square feet. The varying sizes
demonstrate the flexibility of the Ocado fulfillment ecosystem to best serve the respective markets. When operational, the facilities will
collectively create more than 1,000 new jobs, with the potential for hundreds of additional career opportunities. The exact locations of
the new facilities will soon be announced. The newly named locations will complement the retailer's previously announced CFC sites
in Monroe, OH; Groveland, FL; Fredericksburg, MD; Atlanta, GA; Dallas, TX; and Pleasant Prairie, WI.Kroger plans to open the
country's first CFC in Monroe, OH, a suburb of Cincinnati, in early 2021.
Description

IT Shades
Engage & Enable
RB (UK) and Lysol Partner with the UNCF - Improving Access through the creation of 100
scholarships
47
Reckitt Benckiser, the makers of Lysol, announced a strategic partnership with UNCF to provide 100 scholarships for students pursuing
studies in public health, nutrition and other STEM related fields, with the goal of supporting each recipient through their four-year
matriculation. The “Reckitt Scholars” will expand Lysol’s current investments in public education and efforts to improve access to
health, hygiene and nutrition in the U.S particularly in underserved communities and those disproportionately impacted by the
COVID-19 pandemic. UNCF is the nation’s largest private scholarship provider for students of color, awarding more than $100 million
in scholarships to students attending more than 1,100 schools across the country, including 37 historically black colleges and
universities. UNCF is the nation’s largest and most effective minority education organization. To serve youth, the community and the
nation, UNCF supports students’ education and development through scholarships and other programs, supports and strengthens its 37
member colleges and universities and advocates for the importance of minority education and college readiness. UNCF institutions and
other historically black colleges and universities are highly effective, awarding 17 percent of African American baccalaureate degrees.
Description

IT Shades
Engage & Enable
Shoprite (South Africa) partners with health department to care for Covid-19 patients
48
Shoprite partners with health department to care for Covid-19 patients. The Shoprite Group donated 250 care packs containing hygiene
essentials and a warm blanket to the Western Cape Department of Health in a bid to support the most vulnerable in their fight against
Covid-19. Health MEC Nomafrench Mbombo was at the Cape Town Convention Centre to receive the care packs, which her
department will distribute among patients at its quarantine and isolation facilities throughout the province. Each pack contains a
blanket, soap, waterless hand sanitizer, a face cloth, toothbrush and toothpaste. The retailer has since the start of the national lockdown
provided extensive support to vulnerable communities affected by Covid-19. It has donated surplus food valued at over R26 million,
translating to 7.9 million meals, which is over and above the more than 1 million meals delivered by the Shoprite Mobile Soup
Kitchens to over 1400 beneficiary organizations.
Description

IT Shades
Engage & Enable
Sojitz (Japan) and Looop Inc Form Capital and Business Alliance for the Promotion of
Sustainable Energy Business
49
Sojitz Corporation signed a business alliance agreement with Looop Inc, a firm whose main business is to develop, build and manage
solar power generation systems and conduct electricity retail service. Along with the alliance, Sojitz made a capital investment to
acquire shares in Looop. Looop was established in April 2011, after the Great East Japan Earthquake to donate stand-alone solar power
systems to affected areas. The company has developed and installed over 2,500 solar power generation systems and provided remote
monitoring services for over 4,000 sites. With the full liberalization of the electricity retail market in April 2016, Looop penetrated the
electricity retail business. Looop is steadily growing its electricity retail customers, with its customer-focused approach. For Sojitz,
investment in the renewable energy sector is one of the areas covered by its growth strategy. Through this business alliance, Sojitz will
build a strong relationship with Looop as a strategic partner to provide unique value to a society with a decentralized energy supply.
Sojitz is expanding its business in new markets through its global network. As the global megatrends*3 continue to shape the new
world of energy, Sojitz will take on the ongoing challenge of realizing a prosperous and sustainable global society in cooperation with
excellent partners who share our values by developing sophisticated social infrastructure that balances economic growth with
environmental impact.
Description

IT Shades
Engage & Enable
UNFI (USA) and NCG Extend and Expand Relationship
50
United Natural Foods, Inc. and National Co+op Grocers announced they have reached a long-term supply agreement extension for
UNFI to continue as the primary grocery wholesaler and national distributor to NCG-affiliated retail food co-ops. NCG is one of
UNFI’s largest customers. UNFI and NCG have worked together since NCG’s inception in 1999, with UNFI primarily supplying NCG
member co-ops with a wide variety of natural products. With the signing of this new agreement, NCG and UNFI will focus on
numerous business development initiatives resulting from UNFI’s expanded offering, providing NCG’s 147 member co-ops access to
over 250,000 SKUs of natural, organic, conventional, specialty, bulk, and wellness products. This offering includes the addition of
UNFI’s Brands+ portfolio and its more than 5,000 products across 200 store categories. To support its members, NCG is working
closely with UNFI to find the best program offerings within the over 150 customizable solutions designed to provide operational
flexibility and financial savings through UNFI’s Professional Services division. National Co+op Grocers (NCG), founded in 1999, is a
business services cooperative for retail food co-ops located throughout the United States. NCG helps unify food co-ops in order to
optimize operational and marketing resources, strengthen purchasing power and ultimately offer more value to natural food co-op
owners and shoppers everywhere.
Description

IT Shades
Engage & Enable
Tractor Supply Company (USA) Teams Up with the American Kennel Club in Support of
Dogs and Owners
51
Tractor Supply Company Teams Up Tractor Supply Company, the largest rural lifestyle retailer in the U.S., announced a new multi-year
sponsorship agreement with the American Kennel Club. AKC is the world’s largest purebred dog registry, an advocate for all dogs and
the governing body of dog sports in the U.S. By joining forces with AKC, Tractor Supply will continue to offer support and resources
for dog owners of any breed. Customers rely on Tractor Supply to provide essential products to care for their families, homes, land,
animals and pets. For dog owners, Tractor Supply is a complete pet store, offering a broad array of staples and supplies, including food,
treats, toys, bedding and a variety of accessories. For added convenience, pet owners can take advantage of Tractor Supply’s customer
service options, like Buy Online/Pick Up In-Store, Same Day/Next Day Delivery, Curbside Pickup, Autoship and Free Standard
Delivery on orders of $49 or more. With the American Kennel Club in Support of Dogs and Owners. Beginning in June, dog owners
affiliated with AKC will get to know Tractor Supply as a complete pet supply store through email and newsletter communications and
promotions. Tractor Supply is the Official Rural Lifestyle Partner of AKC and will have the opportunity to connect with millions of dog
owners through AKC’s integrated platforms, showcasing its offerings for dogs of any breed. It includes communications through
AKC’s member database and the AKC.TV digital streaming channel, in addition to commercials, event sponsorship, onsite activations
and digital support.
Description

IT Shades
Engage & Enable
Ulta Beauty (USA) and Credo Beauty Partner to Elevate Industry Leadership, Guest
Choices
52
Ulta Beauty, the nation’s largest beauty retailer, announced its partnership with clean beauty pioneer, Credo Beauty. The unique
collaboration will offer Ulta Beauty guests an exclusive, clean beauty collection with more choices and unrivaled transparency related
to sourcing, fragrance and ingredients. The clean beauty collection will premiere with eight exciting clean beauty brands, including
EleVen by Venus Williams x Credo SPF, Innersense Organic Beauty and One Love Organics, among others, across 100 Ulta Beauty
stores and on Ulta.com this fall. The collaboration reinforces the companies’ shared leadership in educating, guiding and simplifying
clean beauty choices. As the partnership grows, Credo Beauty and Ulta Beauty will leverage their collective expertise to continue
pushing this important space forward. Ulta Beauty brings possibilities to life through the power of beauty each and every day in our
stores and online with more than 25,000 products from approximately 500 well-established and emerging beauty brands across all
categories and price points, including Ulta Beauty’s own private label. Ulta Beauty also offers a full-service salon in every store
featuring hair, skin, brow, and make-up services. Ulta Beauty is recognized for its commitment to personalized service, fun and inviting
stores and our industry-leading Ultamate Rewards loyalty program. As of May 2, 2020, Ulta Beauty operates 1,264 retail stores across
50 states and also distributes its products through its website, which includes a collection of tips, tutorials and social content.
Description

IT Shades
Engage & Enable
Morrisons (UK) and Deliveroo to send huge tomahawk steak & wine direct to Dads in as
little as 30 mins
53
Morrisons is teaming up with Deliveroo to launch a special food and wine ‘bundle’- including a whopping 32-ounce Tomahawk Steak -
to help dads celebrate Father’s Day. Sons and daughters can order the products to be delivered to their dads in as little as under 30
minutes - even on Father’s Day itself. The service is designed to help socially distanced sons and daughters make a last-minute delivery
that Dads will savor. Many Dads will be self-isolating or shielding during the continued national lockdown. Morrisons has got all
favorites covered - and customers can hand-pick different foods and drinks to build a ‘bundle’ to their dad’s taste. For example, a giant
32-ounce Morrisons The Best Tomahawk Steak will feed the most voracious of appetites and can be accompanied by The Best Maris
Piper Chunky Chips and a baby leaf salad, plus a bottle of award-winning Wm Morrison Marlborough Sauvignon Blanc - all for just
£26.50. The ranges are available for on-demand delivery on Sunday 21 June and can be delivered in as little as 30 minutes. Orders for
the products can be placed through the Deliveroo app or website, which will see them delivered to customers’ doorstep. All orders
placed through Deliveroo have a £4.50 delivery charge and 49p service fee.
Description

IT Shades
Engage & Enable
Morrisons (UK)and Deliveroo launch 'matchday' food & drink for football fans
54
Morrisons and Deliveroo have launched special matchday food & drink deliveries that will send football fans wild. As the sport returns
this week, fans will be able to order burgers, pies, crisps and chips - as well as beer and cider - to give them the matchday food
experience they have been missing, in the comfort of their own home. Orders can be placed through the Deliveroo app or website,
which will see them delivered to customers’ doorstep in as little as 30 minutes - or just in time for kick-off. Morrisons has got all of
football fans’ favorites covered in the deal. Customers can hand-pick different foods and drinks to build a matchday ‘bundle’ to their
taste. For example, those that have been missing a pie and a pint before kick-off could get a Morrisons Steak and Ale Pie, Maris Piper
Chunky Chips and a big bottle of Stella Artois for just £7.50 to satisfy their cravings. Morrisons first announced a partnership with
Deliveroo in April to support customers who did not want to leave their home and wanted essential items delivered to their doorstep
on-demand. The service is now available from more than 130 Morrisons stores across the UK and covers one in four households. All
orders placed through Deliveroo have a £4.50 delivery charge and 49p service fee.
Description

IT Shades
Engage & Enable
5Post (Russia) to offer delivery of Joom marketplace goods
55
5Post, an X5 Retail Group subsidiary that offers parcel delivery services, and Joom, an international e-commerce marketplace, have
signed a cooperation agreement. 5Post and Joom Logistics, the marketplace's logistics subsidiary, have established a seamless delivery
process from warehouses in China to customers' nearest 5Post pick-up points in Pyaterochka stores. The service is available at over 8.5
thousand 5Post pick-up points in Pyaterochka stores, meaning more Joom users in Russia can receive parcels literally next door, within
100-200 meters from their homes. This partnership helps to cut delivery times by synchronising the companies' logistics operations.
Packages under 15 kg are placed in parcel lockers, and shipments under 10 kg can be picked up at Pyaterochka checkout counters.
Joom marketplace covers over 100 countries and has a monthly audience of about 25 million people. On a monthly basis, over 10
million Russians shop on the marketplace. Joom offers various merchandise categories from China, Turkey, South Korea and Japan,
such as electronics and appliances, clothing, cosmetics, jewellery, household goods, accessories, footwear and much more.
Description

IT Shades
Engage & Enable
Miscellaneous
Retail & Consumer Good Industry

Miscellaneous Updates
IT Shades
Engage & Enable
Altria (USA) Announces Five Million Dollar Donation to Fight Racial Inequality
56
Altria Group, Inc. announces an initial commitment of five million dollars to address systemic racism faced by Black Americans and
advance social and economic equity. These funds will be used to support national and local organizations working across the United States
and in our operating communities, as well as provide immediate support to small businesses in our communities impacted by recent
vandalism. This commitment is incremental to Altria’s planned 2020 corporate giving. Altria will also launch a month-long employee
giving campaign which will match on a two-for-one basis all employee donations. Recipient organizations will be selected by Unifi, Altria’s
Black Employee Resource Group and other ERGs. Altria also announced a company-wide paid “Day of Healing” on Juneteenth to allow
employees time for personal reflection and healing. Altria is also voicing support for removing confederate monuments in its hometown of
Richmond, Va., once the Capital of the Confederacy. Altria’s wholly owned subsidiaries include Philip Morris USA Inc., U.S. Smokeless
Tobacco Company LLC, John Middleton Co., Sherman Group Holdings, LLC and its subsidiaries, Ste. Michelle Wine Estates Ltd. and
Philip Morris Capital Corporation. Altria owns an 80% interest in Helix Innovations LLC.
Description

IT Shades
Engage & Enable
ADM (USA) to Expand Production of Industrial Alcohol in Clinton, IA
57
ADM announced it is significantly increasing production of industrial alcohol at its Clinton, Iowa, corn processing complex. ADM’s corn
wet mill in Clinton has the capability to produce a wide variety of industrial products as well as food and feed ingredients to meet changing
customer needs. The new industrial alcohol capacity will be available on an on-demand basis to help ensure reliability of supply across the
country. At ADM, they unlock the power of nature to provide access to nutrition worldwide. With industry-advancing innovations, a
complete portfolio of ingredients and solutions to meet any taste, and a commitment to sustainability, they give customers an edge in
solving the nutritional challenges of today and tomorrow. They’re a global leader in human and animal nutrition and the world’s premier
agricultural origination and processing company. their breadth, depth, insights, facilities and logistical expertise give us unparalleled
capabilities to meet needs for food, beverages, health and wellness, and more. From the seed of the idea to the outcome of the solution, we
enrich the quality of life the world over.
Description

IT Shades
Engage & Enable
KPN (Netherland) involved in European research project 5G-Blueprint
58
KPN is one of the participating parties in the '5G Blueprint' consortium that will conduct research into the technology, organization and
business case of remote-controlled transport in logistics and transport in the border region. This project, coordinated by the Ministry of
Infrastructure and Water Management, has been awarded a grant of 10 million euros from the European program for research and
innovation, Horizon 2020. In the border region of Vlissingen - Ghent - Antwerp, data exchange and the use of remote-controlled vehicles
and vessels will be put into practice from September 2020 and we will look into how logistics flows can be made more efficient and
sustainable. The project aims to realize a blueprint for a pan-European rollout of telecommunications such as 5G for logistics sectors.
Specifically, it is being investigated how real-time data exchange to and from vehicles and vessels, terminals and power stations, and the
remote control and support of trucks and boats, for example, can contribute to greater efficiency in the logistics chain. In collaboration with
the other consortium partners, the technical and economic feasibility is examined, but also safety aspects, responsibilities, cooperation and
standardization.
Description

I-Bytes Retail & Consumer good Industry.

I-Bytes Retail & Consumer good Industry.

Recommended

Recommended

More Related Content

What's hot

What's hot (18)

Similar to I-Bytes Retail & Consumer good Industry.

Similar to I-Bytes Retail & Consumer good Industry. (20)

More from EGBG Services

More from EGBG Services (20)

I-Bytes Retail & Consumer good Industry.