Rogers-Based Ecoark Sues Walmart, Alleges The Retailer Stole Its Technology

Marvez Musani, Walmart’s vice president of supply chain technology, announced in March a new technology to improve the freshness of produce it sells. The technology was dubbed Eden and Walmart filed two patents to secure its rights.

But Rogers-based Ecoark is alleging the retail giant’s Eden technology looks a lot like the information it shared with Walmart between 2014 and 2017 during a pilot of Zest Labs, a subsidiary of Ecoark. Zest Labs and Ecoark filed suit against Walmart on Wednesday in the U.S. District Court in Little Rock claiming Walmart stole its technology that prolongs shelf life of produce to reduce spoilage, which costs the retailer an estimated $400 million annually. Plaintiffs estimate damages to exceed $2 billion.   MORE

Designed by Reinhold Technology Solutions