Marketplace for Thursday May 22, 2014
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As Sears Canada today posts its steepest fall in quarterly sales in almost five years, we look at why Canada has proved such a difficult terrain for US businesses. Plus, Unilever is selling its Ragu brand to a Japanese conglomerate, the latest passage for the spaghetti sauce that brought Italian cooking into the mainstream in the U.S. We look at the cultural and culinary history of Italian-American food and its banner sauce (which is in fact a marinara, not a ragout). Also, new census figures say 7 of the 15 fastest growing communities in the U.S. are in Texas – places like Cedar Park, Frisco and San Marcos. But that growth doesn’t necessarily translate to wealth. In San Marcos, the median household income is just $26,000, far less than the state median of $49,000.
Posted In: texas, population growth
New census says seven of the 15 fastest growing communities in the U.S. are in Texas.
Posted In: Ragu, Food, tomato sauce
Ragu was heavily advertised in the '60s, bringing red sauce to Americans at large.
Posted In: super food, moringa, philippines, Agriculture
What miracle "superfood" trends mean for developing countries' agriculture.
Posted In: Thailand
In the past, instability hasn't had much effect.
Marketplace Datebook for Friday, May 23, 2014