Walmart joins the effort
for fewer plastic bags
Walmart Inc. is participating in a cross-company pilot program aimed at reducing plastic in the environment.
The Bentonville-based retailer is a founding partner of the Consortium to Reinvent the Plastic Bag, which is looking for ways to keep single-use plastic bags out of landfills and oceans. Walmart and partners CVS Health and Target Corp. together donated $ 15 million to the project.
After gathering ideas for alternatives from inventors and supply chain and packaging experts, the consortium selected four pilots for six-week testing in nine Northern California stores. The first tests began on Monday.
Walmart will try kiosks that offer reusable tote bags for in-store use, as well as a digital tag and app system that will reward shoppers for reusing their own bags.
The company is also testing reusable shipping and packaging containers through its delivery service, as well as a data exchange program that tracks how consumers use bags and containers.
These pilot tests represent an “industry-wide commitment to a more sustainable future,” said Jane Ewing, senior vice president of sustainability at Walmart.
– Serenah McKay
Fort Worth complex
bought from BSR Trust
Little Rock-based BSR Real Estate Investment Trust announced Thursday that it had acquired Hangar 19 apartments in the greater Dallas / Fort Worth area for $ 82.75 million.
“BSR now owns 3,014 units in the Dallas / Fort Worth MSA, one of our core growth markets and one of the strongest multi-family markets in the US,” said John Bailey, chief executive officer of BSR.
“With this scale of operations, our internalized management platform is well positioned to optimize Hangar 19 and deliver excellence that will benefit our residents and shareholders,” he added.
Hangar 19 was built in 2020 and has 351 units. The Fort Worth property is packed with amenities including a modern fitness center, saltwater pool with sundeck, garages with corridor access, 24/7 parcel locking, pet laundry and dog walks, modern kitchens, bathtubs, bike storage, and private office work spaces.
– Andrew Moreau
Condition index from 4.08
around the day at 644.93. to end
The Arkansas Index, a price-weighted index that tracks the state’s largest publicly traded companies, closed at 644.93 on Monday, down 4.08.
“A bit of a battle between the headlines as stocks closed Monday’s session, mixed with concerns about the delta variant of the coronavirus versus optimism about additional fiscal stimulus and a strong earnings season in the second quarter,” said Chris Harkins, managing director at Raymond James & Associates.
The index was developed by Bloomberg News and the Democrat Gazette with a base value of 100 as of December 30, 1997.