retail news in context, analysis with attitude

...with brief, occasional, italicized and sometimes gratuitous commentary…

• The Associated Press reports that a judge has "granted final approval to a settlement of a class-action suit filed against Subway after an Australian teenager in 2013 posted an image of his sandwich on Facebook that was only 11 inches. The image garnered international media attention, with The New York Post writing that it found four out of seven Footlongs it purchased in New York ‘'measured only 11 or 11.5 inches' ... As part of the settlement, Subway agreed to institute practices for at least four years to ensure its bread is at least 12 inches long. The judge approved $520,000 in attorney fees and $500 for each of the 10 individuals who were representatives of the class, but no monetary claims were awarded to potential members of the class."

Whether it is parmesan cheese or olive oil or bread, companies actually have to give shoppers what they say they are giving them. It is easy to go over to the dark side, but also not hard to do the right thing. Better to do it before the lawsuits, not after...

• The Charlotte Observer reports that Snyder’s-Lance has completed its $1.9 billion acquisition of Diamond Foods. The story notes that "Snyder’s, known for Hanover’s pretzels and Lance peanut butter sandwich crackers, has been expanding its portfolio of 'better-for-you' offerings as consumers preferences evolve, and the addition of Diamond is intended to support that goal. Diamond’s brands include Kettle Brand chips, Pop Secret popcorn and Emerald nuts."

• United Natural Foods said yesterday that it plans to acquire Haddon House Food Products for $217.5 million, allowing it to expand its portfolio of gourmet and ethnic products.
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