The Chicago Tribune
Sara Lee Corp. plans to sell the majority of its North American foodservice coffee and tea business to The J.M. Smucker Company for $350 million. The sale is expected to close early next year.
Jalopnik
You may need to put in your mouth guard for this one if you're prone to gnashing your teeth. It seems Fisker Automotive won both heaps of praise from Vice President Joe Biden and a $529 million loan from the U.S. government for developing the Karma luxury sedan, which would, the company promised, get up to 100 miles a gallon, go 50 miles on a full battery charge and offer "supercar" performance. But while none of those targets was met, Fisker's developing the car anyway with those tax dollars.
Supermarket News
Pittsburgh-based Supervalu Giant Eagle retailers have joined Campbell Soup Co.'s electronic school rewards program. The two, plus Kroger, ShopRite, Price Chopper and Safeway, are participating in Campbell's E-Labels for Education, which electronically awards points for qualifying products purchases. Points can be redeemed for school items like books, microscopes, musical instruments and athletic equipment.
The Big Lead
In an effort to reach college-age consumers, 5-hour Energy, which has topped $1 billion in sales, signed a deal with ESPN to become the title sponsor of the 2011 Puerto Rico Tip-Off, a college hoops event in November that will feature eight teams from across the country.
The Toronto Star
Researchers at the University of Pittsburgh School of Medicine parsed 793 songs on Billboard Magazine's top 100 lists from 2005 to 2007 and found that 21.3% of them referred explicitly to alcohol and, of those, 24.3% referred to alcohol by brand.
Drug Store News
"Look Good...Feel Better," a global program dedicated to boosting cancer patients' self-esteem and confidence through lessons on the appearance-related side effects of cancer treatment, has announced the details of 12 new partnership programs being launched to support it during October's Breast Cancer Awareness Month.
Cincinnati Enquirer
Constance Huening loves White Castle hamburgers, and has since 1920 or thereabouts.
Chain Store Age
Lord & Taylor plans to open three new department stores in the coming year. Two locations are slated to open in March -- an 80,000-square-foot store at a lifestyle center in Yonkers, N.Y., and a 120,000-square-foot store in a mall in Rockingham, N.H.
Supermarket News
Companies involved in shopper marketing (events that often feature two or more products that shoppers can purchase together) experience higher sales growth and a better return on investment for their marketing programs, according to new research from the Grocery Manufacturers Association, Booz & Co. and Shopper Sciences.
Drug Store News
Procter & Gamble's Scope has been showing off its latest collection of products featuring new Dual-Blast technology, which helps eliminate strong food odors, such as onion and garlic, while killing bad-breath germs.