food: January 2009 Archives

Equal sweetener: no calories, no credit...

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Merisant Worldwide filed for Chapter 11 bankruptcy today, shortly after its credit rating was downgraded to junk status. Merisant produces Equal, the blue-packeted artificial sweetener, and other products. The privately-held company has not disclosed whether the filing will affect manufacturing or distribution.

Big chains closing stores

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The occasional store closing by a large chain retailer is part of the normal course of business. Three big names announcing double-digit closings is not:

  • Macy's is closing 11 stores in assorted locations around the country. The retailer calls this a normal adjustment but the move is getting significant press.
  • Women's apparel chain New York & Co. is closing up to 50 locations over the next five years beginning in 2009.
  • Grocery store Supervalu is closing 50 stores in 2009 alone. A brand of Albertson's, the chain closed 25 stores (which they consider normal) in 2008, so the '09 plans represent a doubling of the closures.
Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. By David Wertheimer. Did I miss something? Drop me a line.

About this Archive

This page is a archive of entries in the food category from January 2009.

food: December 2008 is the previous archive.

food: February 2009 is the next archive.

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