- The Richmond Times Dispatch reports that Winn-Dixie “has closed more than half of its stores in Virginia, with more to shut down in the coming months.” In addition, “Winn-Dixie has said all of its Virginia stores will close by late April if a buyer or buyers cannot be found for those locations.”
It is all part of the company’s repositioning as it seeks for the elusive goal of prosperity in a Wal-Mart world.
- Dean Foods reportedly will spin off its specialty foods businesses as a separate public company generating roughly $700 million in annual revenues and led by Sam Reed, former CEO of Keebler Foods. The new company will market both private label and regional brands.
The move is being made to allow Dean Foods to focus on its core dairy and branded business.
- Tyson Foods reportedly has completed the process of removing all the trans fats from its breaded chicken products as well as from foodservice items sold mostly in schools. The company noted that it had achieved the goal a year before federal labeling regulations kick in.
- Published reports say that members of the United Food and Commercial Workers (UFCW) have ratified a new three-year collective bargaining agreement covering approximately 1,500 employees of Safeway-owned Vons stores in the Las Vegas area.
- Bloomberg reports that Krispy Kreme Doughnuts has decided to postpone its development of a sugar-free doughnut, citing the need for new CEO Stephen Cooper to review all sales and financial plans.
- Starbucks said it would open 1,500 new outlets worldwide by September, adding to its current 8,700 locations currently open around the world. More than 1,000 of the new units will be in the US.