Meat processor Tyson will expand its animal welfare requirements to its beef and chicken suppliers, implementing rules already in place for pork. Tyson beef supply chain manager Lora Wright told Iowa cattle producers on Monday in Altoona that they must meet the requirements next year if they want to sell to Tyson, the Des Moines Register reported. Wright said the treatment guidelines are being driven by Tyson customers that include McDonald’s and Whole Foods.
Lululemon Athletica Inc. is hoping new faces at the top will help it bounce back from a series of embarrassing issues that have hurt its image. The upscale yoga clothing maker said founder Chip Wilson is stepping down as chairman after raising ire with his comments about the body types of potential buyers of the retailer’s yoga pants. Christine Day, who had been CEO since 2008 but announced her intentions to leave in June, will be succeeded by Laurent Potdevin, a 20 year-industry veteran who was most recently CEO of Toms Shoes.
The Nebraska town of Lyons is getting $255,000 to help a business expand. The Nebraska Department of Economic Development said this week that the money will help create 10 full-time jobs. Lyons will loan the money to Brehmer Manufacturing to help the company build a 10,000-square-foot addition to its facility. The company also plans to buy some new equipment. The company makes custom metal products for agricultural use.
U.S. wholesale businesses boosted their stockpiles in October by the most in two years as their sales rose sharply, encouraging signs for economic growth in the final three months of the year. Wholesale stockpiles grew 1.4 percent in October, the Commerce Department reported Tuesday. That’s nearly triple the 0.5 percent gain in September and the biggest monthly gain since October 2011. Sales at the wholesale level increased 1 percent in October, the most in five months. Rising stockpiles boost growth because it means factories have produced more goods.