Author: Emily Fredrix
-
PepsiCo to cut sugary drinks from schools worldwide
NEW YORK — PepsiCo plans to remove sugary drinks from schools worldwide, following the success of programs in the U.S. aimed at cutting down on childhood obesity. The company said Tuesday it will remove full-calorie, sweetened drinks from schools in more than 200 countries by 2012, marking the first such move by a major soft…
-
On the cusp of summer grilling season, brands fight to be top dog as Americans shop for cheaper meat
MILWAUKEE • Hot dog sales are set to sizzle as people look for ways to eat on the cheap and the summer grilling season starts. But the scramble to be top dog in the $2.1 billion market has sent the makers of Ball Park franks and Oscar Mayer wieners to court. The lawsuit filed this…
-
Food makers cutting back on offerings
MILWAUKEE • If you want to see how the nation’s foodmakers are weathering the recession, the proof is in the pudding. Kraft Foods Inc., the nation’s largest foodmaker, will no longer sell Handi-Snacks pudding to retail customers. At the same time, it’s pushing new flavors of its more lucrative Jell-O pudding. Food companies from Sara…
-
Shockwaves from Circuit City’s closure will be broad, long-lasting
Circuit City will finally flicker out when its last 567 stores close this year, but the bankruptcy of the nation’s second-largest electronics retailer will ripple across the U.S. economy for years. In its wake will be 18.71 million square feet of vacant space in a faltering real estate market. More than 40,000 workers will be…
-
Usually solid brewing industry seeing sales fall
MILWAUKEE • Even the brewing industry is starting to go flat in the worldwide economic slump. SABMiller PLC, the London-based brewer of Grolsch, Miller Genuine Draft and Peroni Nastro Azzurro lagers, said Thursday that its beer shipments fell unexpectedly in the third quarter as consumers pulled back on their demand. Carlsberg A/S, the Copenhagen-based maker…
-
Brand names, falling victim to economy, vanish into thin air
NEW YORK • Shoppers won’t be picking up ornate lamps from the Bombay Co. in the coming year. Or investing with Lehman Brothers and Bear Stearns. No flying to Hawaii on Aloha Airlines or buying ultra-cheap tickets on Skybus, either. All those names vanished this past year, victims of the economy, the financial meltdown or…
-
Chicken producer files for bankruptcy protection
MILWAUKEE • Pilgrim’s Pride Corp. filed for Chapter 11 bankruptcy protection on Monday, hurt like other meat producers by volatile feed prices and slumping demand but also hobbled by an unmanageable debt load. The Pittsburg, Texas-based company, the nation’s largest chicken producer, sought protection in a filing with the U.S. Bankruptcy Court for the Northern…
-
Give thanks for turkey
MILWAUKEE • Thanksgiving is bringing turkey producers little to celebrate this year, while diners anticipating the most poultry-centric of holidays may be grateful that they won’t see much difference in the cost of their bird. Meat producers have been struggling this year with higher costs for key ingredients such as corn, soybeans and oil, part…
-
Rebranding Barbicide
MILWAUKEE – Barbers have dipped their combs and scissors in it for six decades. Now, the makers of Barbicide want masseurs, waiters and jail wardens to try a new form of the ubiquitous blue disinfectant. The launch of wipes marks the first remake of Barbicide since its creation in 1947 by a high school science…