Consumers started spending again in September, with retail sales jumping a healthy 1.5%, the Commerce Department said. Analysts say the positive news means interest rates will likely be hiked in December.
Sources close to Kraft Foods say the food company has put its Altoids and Life Savers brands up for sale, with Hershey Foods, Cadbury Scweppes and Wm. Wrigley Jr. all seen as potential buyers. The two brands could fetch as much as $1 billion, and their sale reflects Kraft's decision to focus on its cookie, cracker and cheese brands.
The chain now carries Sierra Madre White Corn and Flour Tortillas, and one Food Lion official said, "Customer response to the Sierra Madre Tortillas will guide us in development of other Sierra Madre products."
With low-carb dieting appearing to be on the decline, journalism professor Michael Pollan examines other dieting trends in American history and how we view them today. He says America's fascination with food is the paradox of "notably unhealthy people obsessed by the idea of eating healthily."