- PepsiCo’s Quaker subsidiary has sold its bagged cereal business to cereal manufacturer Malt-O-Meal. Quaker intends to focus on its larger, more profitable boxed cereal brands.
- The Wall Street Journal reports that Amazon.com, which traditionally has offered recommendations to shoppers based on what other consumers have bought, has been making up suggestions to get people to check out its new apparel sections. While Amazon says the “faux” recommendations are meant to be obviously fabricated and humorous, the WSJ says it creates questions about Amazon’s methods.
