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PLMA: Buying private-label Thanksgiving items could help consumers save nearly 33%

BY Allison Cerra

NEW YORK — Opting for private-label Thanksgiving staples could help consumers save nearly 33%, according to a new survey conducted by the Private Label Manufacturers Association.

The PLMA concluded this after assembling a market basket of 40 private-label food and nonfood items and compared it with a market basket of 40 national-branded food and nonfood items. The association found that consumers would save $45.13 (or 32.8%) on average by purchasing the private-label products, compared with the same market basket comprised entirely of national brand products, which would run up a grocery bill totaling $137.44.

The market basket included such food items as stuffing mix and cranberry sauce, canned corn and green beans, refrigerated crescent rolls, turkey gravy, baking shells, whipped cream, pancake mix and real maple syrup, sandwich bread, butter, soda crackers and breakfast cereal. The market basket also contained such nonfoods as aluminum foil, a meat thermometer, paper towels and napkins, antacid tablets and pink bismuth stomach remedy.

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Ralcorp adds two members to board

BY Allison Cerra

ST. LOUIS — Ralcorp Holdings announced that it will add two directors to its board, effective upon the separation of the company’s Post cereals business.

Ralcorp said Barry Beracha, EVP at Sara Lee and CEO of the Sara Lee Bakery Group, and Patrick Moore, president and CEO of investment and advisory firm PJM Advisors, have joined its board.

"We are extremely pleased that Barry and Pat have agreed to join our board of directors," Ralcorp vice chairman Pat Mulcahy said. "Barry’s and Pat’s proven leadership skills make them excellent additions to our board. I look forward to leveraging their expertise and counsel in the years ahead."

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Peeps gets into holiday spirit with new flavor

BY Allison Cerra

BETHLEHEM, Pa. — Peeps has introduced chocolate dipped caramel-flavored marshmallow chicks in time for the holiday season, the company announced Monday.

The marshmallow chicks are a creamy caramel flavor dipped in either milk or dark chocolate, the company said. The new flavor is available 3-count packages.

Peeps’ holiday lineup also includes: peppermint-flavored marshmallow stars in 9-count packages; marshmallow snowmen in 3-count and 9-count packages; marshmallow trees in 3-count and 9-count packages; chocolate mousse-flavored marshmallow reindeer in 6-count packages; sugar-free peppermint stars in 3-count packages and chocolate covered mint-flavored marshmallow trees in single-serve packages.

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