Nielsen's Trade Dimensions predicts 94,000 new retail outlets in the next five years -- many of them restaurants of one type or another. Thirteen thousand new fast-food places! You know, I was saying to myself just the other day that there are nowhere near enough burger joints.
Cadbury is reportedly looking into buying Hershey. As we noted a couple weeks ago, they are splitting up the confectionary and beverage businesses. The boss says he wants "the biggest and best confectionery company in the world." Hershey would be a big step in that direction.
VF Corporation has sold off the part of the business that provided its initials. They sold the intimate apparel division (Vanity Fair, Vassarette, etc) to Fruit of the Loom.
Monday, April 02, 2007
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