The largest grocery chain in the country has announced an extensive five-year plan to make its food healthier and more affordable. Walmart, which serves roughly 140 million consumers a week, announced the initiative as a collaboration between its corporation and first lady Michelle Obama's Let's Move! campaign.
"To more and more of our customers, living better means the ability to walk into our stores and find foods that will help their families live healthier lives," said Leslie Dach, executive vice president of corporate affairs at Walmart. "And importantly, to find these foods at prices they can afford."
Saving money and living better do not always go together when it comes to food. Often highly processed foods rich in sodium, trans-fats, or added sugars are less expensive, and thus more affordable, than fresh produce. Access to healthy foods is also an issue; so-called "food deserts" exist throughout the country, leaving many Americans with minimal access to healthy fare.
Even during tough economic times, Baltimore's Charm City Cakes manages to thrive. Tom Foreman speaks with proprietor and Ace of Cakes star Duff Goldman about his many-layered approach to building a sustainable business.
Wendy's/Arby's Group shares spiked almost 6% Thursday morning after the fast food giant announced it may sell its struggling Arby's roast beef sandwich chain to focus resources exclusively on the Wendy's brand.
Sales at Arby's North American restaurants open at least 15 months fell 5.9% during the third fiscal quarter, following a 7.4% drop in the second quarter and an 11.5% decline in the first quarter.
Wendy's/Arby's (WEN) chairman Nelson Peltz said "the reality is that the Wendy's brand, given its relative size and scope, is the key driver of shareholder return, and we believe we should focus on the execution of the compelling growth opportunities at Wendy's."
The company said it is working with UBS Investment Bank to explore "strategic alternatives" for Arby's, including a sale of the chain.
Everyone knows that food writers lead an intensely glamorous life, what with the daily truffle rubdowns, the in-office Lafite fountains, the personal ham concierges and that little card that allows you to eat in any restaurant in the world for free*.
We're thinking that we may perhaps be out of touch with the American zeitgeist, because our inbox keeps filling up with pitches about Super Bowl-themed cocktails.
We get it - the liquor companies and restaurants of the world need to sell their schnaaps and lingonberry cream vodka at times of the year other than Christmas and Sveriges nationaldag. We still feel the need to come down from our heirloom salsify and edible platinum tower to ask - is everyone really guzzling down Mike Tomlin-tinis and Rex Ryan-ritas, or is it still, as we suspect, just beer?
*Absolutely none of that is true. Except for the ham butler.
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