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Winn-Dixie announced today that it has a new strategy aimed at improving the company's financial performance, and increasing long-term profits.
The Detroit automaker has cut its earnings outlook for the rest of 2005, citing a decline in sales.
It's been a long time since Jim Davis called Winn Dixie the beef people. Today, he might ask, "where's the beef." Winn Dixie declared it was chopping away a fair sized portion of the southeast regional grocery store chain. The company continues to shrink and some question the future of the venerable grocery chain.
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H.J. Heinz Company, of Heinz Ketchup fame, has agreed to buy Groupe Danone, which makes HP and Lea & Perrins sauces. The deal is for about $855 million in cash.
Last week, Intel announced that it has developed chip technology designed to support current Wi-Fi standards as well as projected ones.
