retail news in context, analysis with attitude

• The Sheboygan Press reports that Festival Foods has announced that “it will open a new grocery store this fall in Sheboygan at the old Walmart site on Taylor Drive.” According to the story, the unit will be the company's 15th
store, all in Wisconsin.

All are located in Wisconsin.

• The Wall Street Journal reports that “Sara Lee Corp. is moving ahead with plans to split up its meats and coffee businesses into two separate companies after it rejected Brazilian beef processor JBS SA's takeover offer last month, people familiar with the matter said.

“JBS hasn't ruled out its interest in buying the company, which has a market capitalization of about $11 billion, and could yet come back with a higher offer, these people said. But they cautioned that JBS, which has a market cap of about $10 billion, could have trouble securing financing for a deal.”

• The Seattle Times reports that the so-called “stealth Starbucks” operated as “15th Avenue Coffee & Tea” instead of under the company’s name, has now been rebranded as Starbucks, leaving just one “stealth” unit in the city.
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