We're inclined to go along with Phil Rosenthal's take on the resignation of Best Buy CEO Brian Dunn yesterday. The Chicago Tribune columnist says it "occasioned an existential quandary of sorts, what with the consumer electronics chain already in adapt-or-die mode because of, well, consumer electronics."

Sherilyn (Sheri) S. McCoy, a trained scientist who has held a variety of positions at Johnson & Johnson including running marketing for skin-care brands such as Neutrogena, Aveeno and Lubriderm, has accepted the CEO position at Avon after months of wooing because, according to one source quoted in the Wall Street Journal, it "is an iconic brand."

The Lumia is upon us. Microsoft, Nokia and AT&T -- three fading stalwarts looking to regain some ground on iOS and its devices -- have formally unleashed the Windows-based Nokia Lumia 900 with fanfare that includes "international superstar Nicki Minaj [bringing] a building in Times Square alive and [creating] one of the biggest LED displays ever seen," as the press release puts it.

Back in the day, you could sell tons of food by convincing consumers in a mindless but compelling way that it was, as Armour did with its hot dogs, fun to eat. Not very many of us were questioning what went into those products. Today, not only is that information readily available, once people start talking about it, it seems to spread like pink slime (which, until a few weeks ago, most of us probably thought of as the arch-villain in a '50s sci-fi flick.)

Consumers may be thinking Whole Foods but they are holding their noses, tightening their purse strings and cruising the aisles at Walmarts around the country, MSNBC's Alison Linn tells us in a story following up on a Consumer Reports survey released this week that ranks consumers' favorite supermarket chains.

The clever lede on Candice Choi's AP story was oft repeated in headlines across the country this morning -- from Newsday to ABC News to the San Francisco Chronicle: "Burger King is dusting off its crown and going public again." The news late yesterday was that 3G Capital, which is backed by Brazilian billionaires, will offer 29% of the burger chain to the public through special purpose acquisition company owned by billionaire William Ackman, according to Ad Age. 3G will retain the Whopper's share of ownership.

Sensing an opportunity to expand its offerings as well as its presence in developing markets, Coty has made an unsolicited $10 billion offer to acquire Avon. The larger company quickly rejected the offer as "opportunistic and not in the best interest of Avon's shareholders," claiming that it "substantially undervalues" the company.

Perhaps the most comprehensible rationale proffered over the past few days for Kraft's decision to rename its global snack company Mondelez International, Inc. is that the domain name Mondelez.com was available. Judging by the reaction of many commentators to the announcement made on Wednesday, JustPlainIdiotic.com would have fit the bill quite nicely, too.

No "Stayin' Alive" is not the new theme song of Burger King, which formally found itself in third place in the hamburger wars this week. It's the stick-in-your-head beat from the No. 2 bestselling soundtrack of all time, 1977's "Saturday Night Fever," and you can listen to a clip this morning at, of all places, the Wall Street Journal. Wendy's is the new No. 2 burger joint, but both chains are being whupped by McDonald's, which announced last night that CEO Jim Skinner is retiring and that president and COO Don Thompson will succeed him this summer.

The announcement never formally came yesterday, as All Things Digital's Arik Hesseldahl predicted it would, but several many other news organizations have confirmed his exclusive report that Meg Whitman is about to merge the printing and PC businesses at Hewlett-Packard.