business news in context, analysis with attitude

•  The U.S. Environmental Protection Agency’s (EPA) GreenChill Program this week recognized 12 food retail companies and one manufacturer of advanced refrigeration systems "for their exceptional achievements to reduce the use of ozone-depleting substances and/or climate-damaging refrigerants."  The recognition came at FMI – The Food Industry Association’s Energy and Store Development Conference.

Among the honorees:

For Best Emissions Rate:  Ashland Food Co-Op (Ashland, Ore.) … Meijer (Grand Rapids, Mich.).

For Most Improved Emissions Rate:  Brookshire Grocery Company (Tyler, Texas).

For Superior Goal Achievement:  Ashland Food Co-Op (Ashland, Ore.) … Brookshire Grocery Company (Tyler, Texas) … Food Lion (Salisbury, N.C.) … The GIANT Company (Carlisle, Pa.) … Hannaford (Scarborough, Maine) … King Kullen (Bethpage, N.Y.) … Weis Markets (Sunbury, Pa.).

For Exceptional Goal Achievement:  Ashland Food Co-Op (Ashland, Ore.) … Food Lion (Salisbury, N.C.).

•  From CNBC:

"Krispy Kreme is exploring strategic alternatives, including an all-cash sale, of its majority stake in Insomnia Cookies, the company said Tuesday.

"The decision is part of an effort to focus more on its core doughnut business, the company said.

"Krispy Kreme acquired control of Insomnia Cookies in 2018 in a deal backed by European investment firm JAB Holding. The deal valued Insomnia Cookies at less than $500 million, sources told CNBC at the time … Insomnia Cookies, which is known for serving cookies well into the early morning hours, has tripled its revenue since 2017, Krispy Kreme said Tuesday. The cookie chain has expanded from more than 135 locations in 2018 to 250 locations today."

•  From the New York Times:

"A federal judge in Brooklyn has dismissed a lawsuit against Wendy’s and McDonald’s that accused the companies of exaggerating the size of their burgers in advertisements.

"In a 19-page decision issued on Saturday, Judge Hector Gonzalez, of the U.S. District Court for the Eastern District of New York, said that he had not found that the fast-food chains delivered smaller burgers than advertised and had not misled customers.

"Judge Gonzalez also said that it was not clear that the plaintiff, Justin Chimienti of New York, had even seen the ads for the Wendy’s Bourbon Bacon Cheeseburger and the McDonald’s Big Mac that he cited as examples in his complaint.

"The companies’ efforts 'to present appetizing images of their products are no different than other companies’ use of visually appealing images to foster positive associations with their products,' Judge Gonzalez wrote in his ruling."