Kellogg's is looking for growth in China, and word is that they are planning to buy a local food company (or two or three). They need to adapt their products to the culture, however, since Asians don't go for cold cereal with milk.
Automakers are going back to incentives. Big surprise -- even though they were talking big about cutting back a few months ago, as we reported here. "After sizable incentives last summer, automakers vowed to embrace value pricing, providing the lowest price available without incentives."
Fry's, a division of Kroger in Phoenix, will open a new format aimed both at Hispanics and at Anglos with a taste for Hispanic foods. Called Mercado, "the 66,284-square-foot store is designed to offer Mexican shoppers products they grew up with, and other shoppers new foods ..."
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