Candy recalled over labeling
A Medina County candy company has recalled nearly 500 bags of its coconut haystack candy because their labels don’t list milk as an ingredient.
Island Delights Inc. of Seville recalled the candy after an audit from the Ohio Department of Agriculture showed that the candy contained milk that is not listed on the product label. People who have allergies to milk run the risk of an allergic reaction if they consume the products.
None of the candy was distributed in Ohio.
The recalled bags in four flavors — maple, almond, chocolate almond and coffee — were sold to retail stores and through mail order in Arizona, California, Florida, Massachusetts, Minnesota, Mississippi, North Carolina, New York, South Carolina, Texas, Virginia, Washington and Wyoming, between Jan. 1 and Dec. 31, 2012.
Best Buy holding steady
Struggling consumer electronics chain Best Buy said Friday that a key revenue metric declined during the critical holiday season. But its flat performance in the U.S. was better than the past several quarters, and online revenue showed strong growth.
Sales for November-December can comprise up to 40 percent of a retailer’s annual revenue, making it the most crucial period on the calendar.
Best Buy Co. has been implementing a turnaround plan aimed at improving results as it faces tough competition from discounters and online retailers. The chain said that revenue at stores open at least a year fell 1.4 percent for the nine weeks ended Jan. 5.
The company’s U.S. performance was flat. While this was a hair below the 0.3 percent increase Best Buy reported in the prior-year period, President and CEO Hubert Joly said in a statement that it was an improvement over the past several quarters.
Walmart bribery alleged
Wal-Mart Stores Inc.’s CEO Mike Duke found out in 2005 that the retailer’s Mexico unit was handing out bribes to local officials, according to emails obtained by lawmakers.
The lawmakers say the emails contradict earlier claims by Walmart senior executives that they weren’t aware of bribes being made by the company.
Democratic Congressmen Elijah E. Cummings and Henry A. Waxman, who are investigating bribery charges at Walmart’s Mexico division, on Thursday released emails that indicate that Duke and other senior Walmart officials were informed multiple times starting in 2005 about bribes being made in the country. U.S. law forbids American companies from bribing foreign officials.
The lawmakers shared the emails, which they say they got from a confidential source, with Walmart on Wednesday, and sent a letter to Duke asking for a meeting to discuss them.
Brooke Buchanan, a Walmart spokeswoman, said the letter that Waxman and Cummings wrote to Duke “leaves the wrong impression that our public statements are contradicted by the information they released.”
U.N. says prices down again
A United Nations agency is playing down fears of a looming world food crisis as international coordination and flagging demand have led to a drop in food prices for the third consecutive month in December.
The food price index of the Rome-based Food and Agriculture Organization edged down 1.1 percent with drops in the international prices of major cereals, oils and fats. For 2012 as a whole, it was down 7 percent from 2011.
Last year, the agency warned that bad weather, including severe drought in North America, could trigger a repeat of the rioting and unrest that hit parts of the developing world in 2007-2008.
The agency’s announcement said the results mark a reversal from July “when sharply rising prices prompted fears of a new food crisis.”
Wendy’s tries pretzel bun
In its latest push to establish itself as a purveyor of premium burgers, Wendy’s is testing a pretzel bun. The Dublin, Ohio, chain has started selling a bacon cheeseburger in select locations made with a slightly heartier, pretzel-like bun.
The “Pretzel Bacon Cheeseburger” was being advertised as a limited-time offer at a Wendy’s in Miami with others posting pictures and talking about it on the social media site Twitter.
Wendy’s executives have already said they plan to use better breads in the year ahead as a relatively low-cost way to raise perceptions about the quality of its food. The reliance on bread comes amid rising costs for beef, which have pressured restaurant chains that are struggling to keep prices down. Wendy’s recently did away with the “99-cent” menu in favor of “Right Size Right Price” to offer foods at prices up to $2.
Compiled from staff and wire reports.