FTC Grants IDFA Request To Extend Comment Period For Ads To Kids

IDFA on Monday asked the Federal Trade Commission to allow more time for food manufacturers and industry groups to respond to the Interagency Working Group's proposed guidelines for advertising and marketing foods to children and teens. On Tuesday, the FTC responded, saying the IWG had agreed to extend the comment period by 30 days to July 14, 2011.

Milk Rally Causing Higher Prices At Wal-Mart Also Spurring Gains In Output

U.S. dairies are generating record production as farmers seek to benefit from a rally in milk prices that is boosting costs for shoppers at Wal-Mart Stores Inc. (WMT) and eroding profit for Starbucks Corp.

General Mills Announces Definitive Agreements To Acquire Yoplait Interests

May 18, 2011 General Mills

General Mills said today that it signed definitive agreements with PAI partners and Sodiaal to acquire a 51 percent controlling interest in Yoplait S.A.S. and a 50 percent interest in a related entity that holds the worldwide Yoplait brands for approximately €810 million.

Retail Industry Readies For Next Technology Boom

With retail sales consistently on the mend, 40 top national chain store executives on Friday turned to their industry's next wild ride.

Supervalu Hires Wal-Mart Exec To Run Save-A-Lot

Supervalu Inc. has named a former Wal-Mart Stores Inc. executive to lead its Save-A-Lot grocery chain.