Stephan's Wednesday Picks

• Portfolio and performance: Priorities for CPG leaders (McKinsey)
• How U.S. fast food took over the world - and then went local (The Dial)
• Bakers brace for costly Christmas as butter prices surge (Reuters)
• What a crackdown on immigration could mean for cheap milk (NYT)
• Attention Kmart shoppers - it's closing time (NYT)