business news in context, analysis with attitude

• The Financial Times reports McDonald’s plans to “change the way customers order its meals in Europe, partly replacing cashiers and the use of banknotes at its 7,000 fast-food restaurants in the region with touchscreen terminals and swipe cards ... The move is part of the fast-food chain’s efforts to woo cash-strapped customers by making its restaurants more convenient and convivial. It is refurbishing stores, and introducing longer opening hours and new menus.”

Dow Jones reports that JM Smucker Co. has completed its $360 million acquisition of Rowland Coffee Roasters, which it says “will add Rowland's Hispanic Cafe Bustelo and Cafe Pilon brands to its lineup,” which already includes the Folgers and Kava brands.

• Nevada-based Scolari’s Food & Drug has announced that it is adopting the NuVal Nutritional Scoring System, which rates virtually every product on store shelves on a scale of 1-100, based on a proprietary logarithm with high numbers signifying more nutritious food.

• The Denver Post reports that a newly remodeled King Soopers store in the Mile High City is catering to a growing Latino customer base by featuring new offerings such as a tortillaria; a bar serving aguas fresca (fresh juice) and helado (ice cream); products from Latin America; bulk items; and more ethnic items in the produce, bakery, meat and canned-food areas.
KC's View: