Strategy

Diverse Groups Unite to Oppose Nestle's Merger With Ralston Purina
A diverse group of antitrust experts, national consumer organizations and major farm groups have joined forces to announce their opposition to Nestle's $10.1 billion merger with Ralston Purina. If regulators approve the deal, Swiss-based Nestle would become the world's biggest pet food company and control roughly 45 percent of the $7 billion U.S. pet food market.
VoiceFlash Networks and VeriFone to Explore Mobile E-Commerce Solutions
VoiceFlash Networks Inc. announced today that the company has signed a memorandum of understanding with VeriFone Inc., to explore the viability of cooperating in the development of retail mobile commerce products.

L&L Food Centers Selects Fleming to Supply Michigan Stores

Fleming today announced the company has been selected by L&L Food Centers to serve its 10 Lansing, Michigan area stores and Rochester Hills location. The supply arrangement is for all grocery, frozen, dairy, and general merchandise products. L&L F
McDonald's Profits Lower Again

(AP) - Concerns about beef safety in Europe sent McDonald's Corp.'s [NYSE:MCD - news] profits lower for a third straight quarter.
Wrigley Earnings Up

(Reuters) - Wm. Wrigley Jr. Co., the world's largest chewing gum maker, said on Tuesday that second-quarter earnings rose 8.6 percent, as growth in shipments and better margins offset higher marketing costs and pressure from weak European currencies.
Coca-Cola Names Brian Dyson Vice Chairman and Chief Operating Officer

(PRNewswire) - The Coca-Cola Company today announced the appointment of Brian G. Dyson as vice chairman and chief operating officer. In this capacity, Dyson will be responsible for the implementation and execution of Coca-Cola's strategic vision worldwide. Accordingly, the geographic operating unit presidents will report directly to Dyson. His appointment is for two years.
PepsiCo Inc. Acquires Tasali Foods, Saudi Arabia's Leadnig Snack Maker

(PRNewswire) - PepsiCo Inc. said today it completed its previously announced plan to acquire Tasali Snack Foods, the leader of the Saudi Arabian salty snack market, from Savola Snack Foods.
Nash Finch Hires New Directors to Launch Specialty Retail Operations

(PRNewswire) - Nash Finch Company, a Fortune 500 Minneapolis-based food retailer and distributor, today announced the addition of two new directors to develop and roll-out the company's specialty store concepts, a Hispanic-oriented retail supermarket and Buy N Save, an extreme value retail store.
It's Dog Eat Dog for European Food Retailers

(Financial Times) - Europe's leading food retailers must look at foreign acquisitions if they are to survive, according to a new report.

Diverse Groups Unite to Oppose Nestle's Merger With Ralston Purina

VoiceFlash Networks and VeriFone to Explore Mobile E-Commerce Solutions

L&L Food Centers Selects Fleming to Supply Michigan Stores

McDonald's Profits Lower Again

Wrigley Earnings Up

Coca-Cola Names Brian Dyson Vice Chairman and Chief Operating Officer

PepsiCo Inc. Acquires Tasali Foods, Saudi Arabia's Leadnig Snack Maker

Nash Finch Hires New Directors to Launch Specialty Retail Operations

It's Dog Eat Dog for European Food Retailers