• Published reports say that Supervalu plans to use the Lucky banner – recently resurrected after its days of being ignored by Albertsons’ old ownership – to do a better job of offering ethnic foods and product selections tailored to local neighborhoods.
• The Detroit Tigers may be the prohibitive favorite to win the World Series, and the team’s success has certainly turned a spotlight on the city’s improving neighborhoods and economy. However, the Detroit Free Press reports that “the lack of full-service grocery stores downtown and in the city's neighborhoods remains a nagging problem in terms of the city's quality of life. Detroit is virtually without chain grocers that promise consistent quality, and stores in the city have food safety violations at about twice the statewide rate for problems such as selling rotten meat and expired infant formula.”
• The Wall Street Journal this morning reports that PepsiCo’s new CEO, Indra Nooyi, told an investors group yesterday that “the company wasn't planning to veer from the snack and beverage company's current course,” and plans to continue “to tap into the growing consumer interest in health and wellness throughout its businesses.”
• The Detroit Free Press reports that Meijer Inc. plans to fill prescriptions for leading generic antibiotics for free – a move designed to improve on Wal-Mart’s program of offering a monthly supplies of generic prescription drugs for $4.
• The Boston Herald reports that Dunkin’ Brands has decided to concentrate on the global expansion of its Dunkin’ Donuts and Baskin-Robbins chains, and will sell its 280-unit Togo’s sandwich shop chain. The move comes less than eight months after Dunkin’ Brands itself was acquired by private equity firms Bain Capital Partners, The Carlyle Group and Thomas H. Lee Partners from Pernod Ricard for $2.4 billion.
• The Detroit Tigers may be the prohibitive favorite to win the World Series, and the team’s success has certainly turned a spotlight on the city’s improving neighborhoods and economy. However, the Detroit Free Press reports that “the lack of full-service grocery stores downtown and in the city's neighborhoods remains a nagging problem in terms of the city's quality of life. Detroit is virtually without chain grocers that promise consistent quality, and stores in the city have food safety violations at about twice the statewide rate for problems such as selling rotten meat and expired infant formula.”
• The Wall Street Journal this morning reports that PepsiCo’s new CEO, Indra Nooyi, told an investors group yesterday that “the company wasn't planning to veer from the snack and beverage company's current course,” and plans to continue “to tap into the growing consumer interest in health and wellness throughout its businesses.”
• The Detroit Free Press reports that Meijer Inc. plans to fill prescriptions for leading generic antibiotics for free – a move designed to improve on Wal-Mart’s program of offering a monthly supplies of generic prescription drugs for $4.
• The Boston Herald reports that Dunkin’ Brands has decided to concentrate on the global expansion of its Dunkin’ Donuts and Baskin-Robbins chains, and will sell its 280-unit Togo’s sandwich shop chain. The move comes less than eight months after Dunkin’ Brands itself was acquired by private equity firms Bain Capital Partners, The Carlyle Group and Thomas H. Lee Partners from Pernod Ricard for $2.4 billion.
- KC's View:
