retail news in context, analysis with attitude

• The New York Post reports on how company insiders at PepsiCo are pressing “for a split of its better-performing Frito-Lay snacks business from its beverage operations to unlock equity value,” and that Al Carey - who moved from the Frito-Lay snacks business to running Pepsi’s beverage operations last year - is likely to be instrumental in this shift.

Indeed, sources tell the board that Carey has been “groomed by the board” to take over for current PepsiCo CEO Indra Nooyi if it is seen that she is not up to the task of revitalizing the company.

• The Fresno Bee reports that “Family Dollar has confirmed plans to open seven stores in the Fresno/Clovis market, just as Dollar General is announcing plans to open stores in the area.”

The story notes that Dollar General “is planning to open ‘a couple of dozen stores in the Central Valley’ as part of its 625-store expansion in 2012.”
KC's View: