Walmart

GRAND RAPIDS, Mich. -- D&W Food Centers Inc. here is eliminating 150 jobs in an effort to remain competitive. The staff cuts amount to about 10 percent of the regional grocer's workforce, and include positions at the executive level and corporate facilities, as well as in 20 retail locations in West Michigan that are owned by the Robert Woodrick family.

BENTONVILLE, Ark. -- Further legitimizing its commitment to supplier diversity, Wal-Mart Stores, Inc. said it will invest $25 million to establish a private equity fund that will directly issue equity investments in up to nine women- and minority-owned business enterprises. The world's largest retailer unveiled the new fund on Monday at the 2005 National Association of Investment Companies (NAIC) conference in San Diego.