US supermarket giant Walmart has taken a strategic interest in US cattle producer-owned Sustainable Beef LLC to “increase its visibility in the beef supply chain and help ranchers grow their business.”
The investment announced yesterday includes a minority stake in Sustainable Beef, a rancher-owned company based in North Platte, Nebraska.
Walmart is the world’s largest supermarket retailer, with 10,500 stores across the US and 23 other countries – about ten times the size of Australia’s Woolworths. Walmart is the world’s largest company by revenue (about US$570 billion a…
