business news in context, analysis with attitude

Bloomberg reports that fast-feeder Chick-fil-A “will sell lower- calorie kids’ meals, joining other eateries in promoting menu options billed as healthier.” An offering of grilled chicken nuggets will “reduce the calories and fat in kids’ meals by more than half,” the story says, and the company also will begin selling milk, apple juice, lemonade and water for kids rather than drinks with high fructose corn syrup.

USA Today has a piece about supermarkets using nutritional rating systems such as NuVal and Guiding Stars to give their customers more information about the products in their stores - a story that has been dealt with frequently here on MNB, but is worth noting because this story may give the concept greater currency.

• The Wall Street Journal reports that Hostess Brands, manufacturer of the Twinkie and Wonder Bread brands, is preparing to file for bankruptcy protection. It would be the second major restructuring in a decade for the company, which is said to carry more than $860 in debt.

• The Boston Globe reports that as it prepared to emerge from bankruptcy today, Friendly’s Ice Cream closed 37 stores - bringing the total number of stores it has closed during its restructuring to 100, or about 20 percent of its fleet.
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