New TASKI Jontec Care Range Enhances Appearance, Reduces Maintenance Costs for Hard Flooring

Walmart (NYSE: WMT) and Avery Dennison (NYSE: AVY) today announced a new innovation to advance the use of radio-frequency identification (RFID) technology in fresh categories previously not possible. Addressing food waste and ensuring freshness are more important than ever for consumers, producers and retailers. This first-to-market solution is set to transform inventory processes and enhance both associate and customer experiences across fresh departments — particularly bakery, meat and deli. Looking to help develop a solution to a longstanding industry challenge of using RFID technology in high-moisture, cold environments, like meat cases, Walmart teamed with Avery Dennison to create and test a first-of-its-kind sensor technology that brings RFID-enabled labels to the meat department. By using Avery Dennison’s RFID solutions in meat, along with bakery and the deli department, Walmart associates can track inventory faster and more accurately — making sure products stay stocked and ready when customers want them. With digital use-by dates right at their fingertips, associates can also rotate products more efficiently and make smarter markdown decisions, helping cut down on unsold food.

President and CEO’s review: Despite the increased uncertainty in the market, our financial performance in the first quarter of 2025 was in line with the previous year’s level. Customers and consumers turned more cautious during the quarter due to geopolitical events. During the quarter, net sales and adjusted EBIT remained at the previous year’s level. We continued to make progress on our efficiency program, compensating for the negative impact from a decrease in sales volumes. By the end of Q1, we have achieved a total of EUR 87 million in cost savings and these have been essential to compensate for cost inflation. Fiber Packaging delivered strong growth with continued margin improvement. Our focus on margin improvement in Flexible Packaging yielded improved results, although the uncertainty in the market impacted net sales. In Foodservice Packaging, the softened demand had a negative impact on performance. In North America, performance was impacted by timing of sales in retail tableware, with sales partially pulled from January to December, and a seasonally late Easter.

Sonoco ThermoSafe and AirBridgeCargo Airlines have successfully conducted a test shipment with ThermoSafe’s new Pegasus ULD®, the world’s first passive bulk temperature controlled container for pharmaceutical use that is an approved unit load device. The complexity and duration of the journey made this initial shipment an ideal case study. The entire shipping process involved multiple segments of ground and air transportation, starting in London and including stops in Amsterdam, Moscow and Frankfurt, extending beyond 130 hours. The Pegasus ULD contains a fully integrated, FAA-approved telemetry system, providing real-time, cloud-based data on both payload and ambient temperature and key environmental factors, precisely synchronized with GPS location, which confirmed that the internal temperature held between 2°C and 8°C throughout the entire journey.