• The San Jose Mercury News reports that Raley’s has recalled 1,120 cartons of Del Monte cantaloupe sold from its Northern California and nevada stores, saying that routine testing showed that there were traces of salmonella in some of the melons.
• The Tampa Tribune reports on the continuing price wars in that market, prompted by Sweetbay Supermarket’s recent claims of being cheaper than Publix:
“Our online Market Basket database (of a 30-item shopping basket) tells the story: Sweetbay is cheaper by $8.94 this week. Sweetbay, in fact, has been cheaper than Publix in five of the six weeks we've been doing the survey. Still, this week, Walmart is the low-cost leader again at $64.01, followed by Sweetbay at $71.72, Target $72.45, Winn-Dixie $79.47 and Publix $80.66.”
• ConAgra Foods announced last week that it plans to cut the sodium in its manufactured foods by 20 percent over the next five years, an approach that it hopes will make its brand resonate better with health-minded shoppers.
• Crain’s Chicago Business reports that Kraft Foods is negotiating to sell its Maxwell house coffee business to Sara Lee Corp., a move that the story suggests would allow Kraft to increase its initial $16 billion bid for Cadbury. Maxwell House is likely to fetch in the $3 billion range, the story suggests.
• The Tampa Tribune reports on the continuing price wars in that market, prompted by Sweetbay Supermarket’s recent claims of being cheaper than Publix:
“Our online Market Basket database (of a 30-item shopping basket) tells the story: Sweetbay is cheaper by $8.94 this week. Sweetbay, in fact, has been cheaper than Publix in five of the six weeks we've been doing the survey. Still, this week, Walmart is the low-cost leader again at $64.01, followed by Sweetbay at $71.72, Target $72.45, Winn-Dixie $79.47 and Publix $80.66.”
• ConAgra Foods announced last week that it plans to cut the sodium in its manufactured foods by 20 percent over the next five years, an approach that it hopes will make its brand resonate better with health-minded shoppers.
• Crain’s Chicago Business reports that Kraft Foods is negotiating to sell its Maxwell house coffee business to Sara Lee Corp., a move that the story suggests would allow Kraft to increase its initial $16 billion bid for Cadbury. Maxwell House is likely to fetch in the $3 billion range, the story suggests.
- KC's View:
