[Footwear] Fueled by strong sales of its Nike+ and Converse lines, Nike reported a 10% increase in sales for the second quarter. In less than six months, the company said, Nike+ users have logged more than 3 million miles. ...Read the whole story
[Research] Relatively unheard of just a few years ago, low-glycemic foods and beverages are going mainstream with sales this year expected to hit $350 million, reports Packaged Facts. ...Read the whole story
[Financial Services] Cadbury Schweppes will equip vending machines in major cities and the Ohio Turnpike will be the country's first toll road to accept contactless credit card payments. ...Read the whole story
[Food] Cereals based on Disney's new nutritional guidelines, another line extending its Nature Valley granola bars, and a possible probiotic yogurt launch were unveiled by General Mills management yesterday in a conference call with investors. ...Read the whole story
[Pharmaceuticals] When over-the-counter painkillers start carrying the stronger label warnings recommended this week by the Food & Drug Administration, Tylenol could come out the biggest loser. ...Read the whole story
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