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Walmart to pay tech company $222M over trade secret misappropriation

Retail Dive LogoRetail Dive19h ago

Walmart to pay tech company $222M over trade secret misappropriation - Retail Dive

Quick Summary:

The decision by an Arkansas jury is the latest twist in a legal battle between the mass retailer and Zest Labs, which claims Walmart stole technology that extends produce shelf life.

Zest Lab’s unethical behavior has compromised the integrity of this case from the start.

The company said it demonstrated the technology to Walmart executives in early 2014 and then entered into a confidentiality agreement a few months later.

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Article Details

Author / Journalist: Peyton Bigora

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-16 @ 10:53:00 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 410 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Retail Dive

News ID: 28747182

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About Retail Dive

Retail Dive Logo

Main Topics: Business

Official Website: retaildive.com

Update Frequency: 4 posts per day

Year Established: 2012

Headquarters: United States

News Last Updated: 17 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #97

Publisher Details

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The story "Walmart to pay tech company $222M over trade secret misappropriation" has 410 words across 16 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Walmart to pay tech company $222M over trade secret misappropriation" was covered 19 hours ago by Retail Dive, a news publisher based in United States.

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Retail Dive is a fully independent (privately-owned) news outlet established in 2012 that covers mostly business news.

The outlet is headquartered in United States and publishes an average of 4 news stories per day.

It's most recent story was published 17 hours ago.

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  • News ID: #28747182
  • URL: https://arundinaceous.beamstart.com/news/walmart-to-pay-tech-company-17474075219676

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