Frito-Lay has agreed not to run competing ads against Chicago-based competitor Jay's for two years, according to a report in the Chicago Tribune about the confidential settlement between the two snack companies. The agreement stems from a lawsuit spurred by Frito-Lay ads claiming Chicagoans prefer the taste of Lay's chips over Jay's.
The U.S., Canada and Argentina say the E.U.'s ban on biotech food imports is illegal because the moratorium is not based on scientific evidence. The countries are asking the World Trade Organization to rule on their challenge to the ban.
Safeway.com brought on Mitchell Rhodes, formerly of Gap 's online division, to boost its online grocery retail service, currently operating in eight Western markets. Rhodes says online grocery shopping offers more potential than apparel, and has implemented technology that directs customers to their favorite products through their Safeway loyalty card.
Ahold on Sept. 4 is expected to announce its plans for a future recovery strategy, following last year's accounting scandal. The much anticipated plan is expected to address Ahold's plans for US Foodservice.