• The Puget Sound Business Journal reports that one of five Metropolitan Markets in Seattle – formerly operated under the Thriftway banner – will be converted to a Quality Food Center in 2007 when the current owner’s lease runs out.
It is expected that the Kroger-owned QFC will convert the location to a new format that will include a glass storefront, walk-up pharmacy and a cafe with a fireplace, according to the Journal.
• Winn-Dixie said last week that it believes that it will emerge from bankruptcy protection by June 2006.
• The Wall Street Journal reports this morning that the US Food and Drug Administration (FDA) is considering a change in current rules that “say companies can't use the ‘lean’ label on packaged sandwiches, pizzas, burritos, egg rolls and other ‘mixed dishes not measurable with a cup’ that weigh less than six ounces -- unless those products contain seafood, meat or poultry.”
• According to the WSJ, the FDA's proposed label change would allow the ‘lean’ label on products that are smaller than six ounces and that “contain less than eight grams (0.28 ounce) of total fat, up to 3.5 grams of saturated fat and less than 80 milligrams (0.0028 ounce) of cholesterol per serving.”
Biometric payment provider Pay By Touch, which acquired its competitor BioPay less than a month ago, now has bought most of the assets owned by CardSystems Solutions, which processes payments for some 120,000 merchants.
It is expected that the Kroger-owned QFC will convert the location to a new format that will include a glass storefront, walk-up pharmacy and a cafe with a fireplace, according to the Journal.
• Winn-Dixie said last week that it believes that it will emerge from bankruptcy protection by June 2006.
• The Wall Street Journal reports this morning that the US Food and Drug Administration (FDA) is considering a change in current rules that “say companies can't use the ‘lean’ label on packaged sandwiches, pizzas, burritos, egg rolls and other ‘mixed dishes not measurable with a cup’ that weigh less than six ounces -- unless those products contain seafood, meat or poultry.”
• According to the WSJ, the FDA's proposed label change would allow the ‘lean’ label on products that are smaller than six ounces and that “contain less than eight grams (0.28 ounce) of total fat, up to 3.5 grams of saturated fat and less than 80 milligrams (0.0028 ounce) of cholesterol per serving.”
Biometric payment provider Pay By Touch, which acquired its competitor BioPay less than a month ago, now has bought most of the assets owned by CardSystems Solutions, which processes payments for some 120,000 merchants.
- KC's View:
