business news in context, analysis with attitude

• Southeastern Grocers announced last week that it has converted seven Winn-Dixie stores in South Florida to the Fresco Y Más format - making it 18 stores in total that have been converted from the Winn-Dixie banner to the Hispanic format.

"“Since opening our doors in Hialeah one year ago, Fresco y Más has seen fantastic success and support from customers in each community we now operate in,” said Winn-Dixie CEO Ian McLeod in a prepared statement, adding, "As Fresco y Más enters its second year we continue to be dedicated to providing our customers with an authentic Hispanic shopping experience and supporting organizations that provide invaluable services to the communities we operate in."

CNBC reports that Nestle "may sell its U.S. confectionery business, which includes brands like Butterfinger, BabyRuth and 100Grand, among others," as it considers " strategic options for its U.S. confectionery business, including a potential sale."

According to the story, "The sale will not include Nestle's Toll House brand, however. Nestle also said that it would continue its U.S. investments in pet care, bottled water, frozen meals, infant food and ice cream."

• For MNB readers who travel for a living ... CNN reports that hotel chain Marriott announced "that customers must give at least 48-hours notice if they plan to cancel a reservation — or cough up a fee equivalent to one night’s stay.

"Up until Thursday, guests were generally allowed to cancel reservations without a penalty up until the day before their visit ... Marriott explained that the change will help out customers seeking reservations on short notice, adding that hotels with a one-day policy were left with 'a significant number of unsold rooms' due to last-minute cancellations."
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