The multinational food and drink company announced that it will be transitioning from its company-owned frozen Direct-Store-Delivery network to a warehouse model.
The changes, which affect its Pizza and Ice Cream businesses, will leverage the warehouse network currently being used for its frozen meals and snacks products. The move looks to cut costs and unlock opportunities in building its brand, and focus on innovation.
Bloomberg reports that the move is expected to affect approximately 4,000 jobs. According to a Nestlé press release, “the phased transition will commence in the third quarter of 2019 and is expected to be complete early in the second quarter of 2020.”
Facebook Unveils New Products for Small Businesses
The social media giant announced that its launching new solutions to help small business owners grow their companies.
The new products include an automated ad service, the ability to book and manage appointments, and mobile video creation tools.
According to the company, 90 million small businesses have a presence on the social network.
Walmart Launches Three New Pet Care Initiatives
The retailer announced that it’s rolling out three ways for pet owners to better care for their pets while also driving down overall costs.
The company stated that it’s introducing an “online pet pharmacy for prescription medications; offering a more wholesome assortment of pet foods; and expanding in-store veterinary clinics.”
The new options will be available to customers in the United States.