Fast-food Chains Target Dieters in January; The Price of Tea (in China, Everywhere) to Rise with Shortage


Just weeks after McDonald’s unexpectedly lost its no. 2 executive, Domino’s Pizza’s CEO, David A. Brandon, has announced he is stepping down from his position in March. J. Patrick Doyle is expected to be named as his successor.
[Wall Street Journal]

A global tea shortage may worsen this year and extend into 2011, reaching as much as a 287 million-pound deficit by April. Tea marketing companies like Tata Tea, owner of Tetley, will raise the price of tea, which is expected to boost producer earnings.

The word “landmark” gets thrown around a lot nowadays, but the Tavern on the Green, Rainbow Room, and Plaza Palm Court buildings really are landmarks. The latter should reopen this spring, while the Rainbow Room remains in limbo.
[NY Post]

Veselka, in the East Village, isn’t just known for its pirogis, sauerkraut, and kielbasa. From Dec. 24 to Jan. 6 — the date of Christmas Eve in the Ukrainian Orthodox Church — the restaurant serves the Sviata Vecheria, a traditional 12-dish vegetarian dinner.
[NY Times]

Dieters will be able to get low-calorie foods at fast-food chains this January. Taco Bell, Starbucks, and Dunkin’ Donuts are rolling out new products and ad campaigns aimed at calorie-conscious consumers during the month when fast-food sales typically slide.
[USA Today]

Nestle has pulled out of the noncore ophthalmology sector and is focusing its portfolio more on food with the purchase of Kraft Foods’ frozen-pizza operations in the U.S. and Canada, including the brands DiGiorno and Tombstone, for $3.7 billion in cash.
[Wall Street Journal]


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