retail news in context, analysis with attitude

• The New York Times reports that poultry supplier Perdue has agreed to acquire specialty meat purveyor Niman Ranch. Terms of the deal were not disclosed.

The story says that "the acquisition is another step in Perdue’s transformation into one of the largest suppliers of premium meats. Restaurants and food companies are clamoring for such meats, as consumers increasingly demand less reliance on pharmaceuticals and better animal welfare."

• The New York Times reports that media General is acquiring Meredith Corporation, the television, publishing and marketing company. The cash-and-stock deal is valued at $2.4 billion, and the new combined company will be known as Meredith Media General.

Among the properties owned by Meredith are Better Homes and Gardens, Martha Stewart Living and Shape.
KC's View: