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The Food Institute Report articles from November 2002

35,187 total articles

A business and finance publication of news for the food and beverage industry. Keeps tabs on competition, customers, trends, and pending legislation for business professionals.

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<a href="http://www.highbeam.com/The+Food+Institute+Report/publications.aspx?date=200211" title="Articles and back issues from The Food Institute Report">The Food Institute Report articles</a>

The Food Institute Report back issues from November 2002:

7-Eleven marketing to emphasize competitive prices.(Brief Article)

Nov 04, 2002 ... Dallas, TX-based convenience store chain 7-Eleven is planning a shift in its marketing strategy to emphasize competitive prices with grocery stores and others, company executives said. An advertising campaign starting in March will back a new program of aggressive pricing on high-volume ...

Jack in the Box debuts convenience store concept.(Quick Stuff)(Brief Article)

Nov 04, 2002 ... Jack in the Box Inc. is entering the convenience store business with its new Quick Stuff convenience stores, which will be built adjacent to full-size Jack in the Box restaurants and a major branded fuel station. Each part of the co-branded concept will be operated by Jack in the Box ....

Meal kit line combines multiple brands.(Betty Crocker Complete Meals)(Brief Article)

Nov 04, 2002 ... As it continues to digest its $10.4 billion purchase of Pillsbury in 2001, Minneapolis, MN-based General Mills Inc. is introducing a new product line, Betty Crocker Complete Meals, which combine offerings from both Pillsbury and General Mills: Progresso, a former Pillsbury brand, which ...

Supermarkets add new services and departments for one-stop shopping.(Brief Article)

Nov 04, 2002 ... The rate of supermarket new store openings in the U.S., at 3.5%, recorded 10-year lows last year, due largely to the sluggish economy, but the store closing rate, 2.3%, also reached a decade low, as more food retail companies focused on expanding services at existing stores, according to a ...

Farmland seeks price tag on its meat businesses.(Farmland Industries)(Brief Article)

Nov 04, 2002 ... Farmland Industries recently discussed hiring an investment banking firm to put a price tag on its pork and beef processing operations and see how much interest there is for them in the marketplace, reported The Kansas City Star (Oct. 23). Farmland, which sought Chapter 11 bankruptcy ...

Competition heating up in Mexican soft drink market.(Brief Article)

Nov 04, 2002 ... Mexico's carbonated soft drink market--already the second largest such market in the world after the U.S.--is expected to increase by 10% annually in the short term, according to Canadean, a beverage consultancy. Coke enjoys a 70% share of the market, noted Financial Times (Oct. 27). In ...

New varieties add flavor to the mayonnaise category.(Brief Article)

Nov 04, 2002 ... In August, Unilever's Hellmann's brand rolled out three new flavored mayonnaises: Garlic Paradise, Bacon & Tomato Twist and Herb Sensation. Kraft Foods Inc. plans to introduce what a spokeswoman calls "mayo with heat" for both its Kraft brand mayo as well as its Miracle Whip dressing by ...

Companies make strong efforts to connect with consumers.

Nov 04, 2002 ... Procter & Gamble is taking a step in the trend away from reliance on television commercials and toward other marketing programs based on internet or direct-mail communication. P&G's new unit, Tremor, is ready to go national this year and will give about 200,000 U.S. teens inside ...

Consumer driven retailers and manufacturers most likely to succeed.(Kraft Foods Inc., Procter & Gamble Co. lead 2002 survey)(Brief Article)

Nov 04, 2002 ... Kraft Foods Inc. has surpassed Procter & Gamble Co.'s long-standing lead as best-rated manufacturer in a performance survey, 2002 Power Rankings, sponsored by Cannondale Associates, which ranks consumer companies and their retail customers. On the retail side, Wal-Mart Stores Inc ....

Top international meat & poultry companies.(Illustration)

Nov 04, 2002 ... <Pre> TOP INTERNATIONAL MEAT & POULTRY COMPANIES (Source: Meat & Poultry) Sales '02 Rank Company Country (Millions) 1 Tyson Foods, Inc. U.S. 24,000...

Fresh and Ready Foods, Inc., once Kentucky Farm to Table Partners, is close to beginning operation.(Brief Article)

Nov 04, 2002 ... * Fresh and Ready Foods, Inc., once Kentucky Farm to Table Partners, is close to beginning operation, stated CEO Dan Hull. The company hopes to locate in the northeast section of Kentucky or in southern Ohio, but placement of the 32,000-sq. ft. processing facility ...

Great Atlantic & Pacific Tea Co. (A&P) will reorganize its retail operations as two strategic business units, A&P U.S. and A&P Canada.(Brief Article)

Nov 04, 2002 ... * Great Atlantic & Pacific Tea Co. (A&P) will reorganize its retail operations as two strategic business units, A&P U.S. and A&P Canada. The move has analysts ...

Albertsons Inc.(to invest in new stores, remodeling old stores)(Brief Article)

Nov 04, 2002 ... * Albertsons Inc. plans to invest more than $300 million in Colorado through 2005 for the construction of new stores and fuel centers as well as extensive ...

Albertsons.(to launch customer loyalty cards)(Brief Article)

Nov 04, 2002 ... * Meanwhile, Albertsons will begin issuing customer-loyalty cards, beginning with the company's stores in Washington, Oregon and ...

Tyson Foods Inc. is expanding its presence in North Texas by creating a prepared-foods division, The Food Service Prepared Foods Group, with its headquarters in Fort Worth, TX.(Brief Article)

Nov 04, 2002 ... * Tyson Foods Inc. is expanding its presence in North Texas by creating a prepared-foods division, The Food Service Prepared Foods Group, with its headquarters in Fort Worth, TX. Tyson will rename three ...

Kellogg Co., Battle Creek, MI, expects to "squeeze" $20 million more in cost cuts than it initially expected from its acquisition of Keebler Foods Co., bringing the total to $120 million.(Brief Article)

Nov 04, 2002 ... * Kellogg Co., Battle Creek, MI, expects to "squeeze" $20 million more in cost cuts than it initially expected from its acquisition of Keebler Foods Co., bringing the total to $120 million. The extra $20 million is ...

Wal-Mart.(seeking locations for supermarkets in Florida)(Brief Article)

Nov 04, 2002 ... * The grocery arm of Wal-Mart is scouting for sites in South Florida and Tampa to bring ...

Green Mountain Coffee, Inc.(Brief Article)

Nov 04, 2002 ... * Green Mountain Coffee, Inc. signed a 10-year agreement to be the exclusive roaster, seller and distributor of Newman's Own[R] Organics Fair Trade Certified coffees. The six-product line features double-certified Fair ...

Infectious Diseases Society of America.(Brief Article)

Nov 04, 2002 ... * Preliminary study results suggest that cranberry juice may inhibit a type of bacteria that is a common cause of ear and ...

Sainsbury's is teaming up with cable television firm NTL to create what it claims will be the world's biggest television grocery store in the UK.(Brief Article)

Nov 04, 2002 ... * Sainsbury's is teaming up with cable television firm NTL to create what it claims will be the world's biggest television grocery store in the UK, allowing customers to shop using their remote control handsets. The ...

Jeffweberpets, Inc.(Brief Article)

Nov 04, 2002 ... * jeffweberpets, inc., a Los Angeles, CA-based firm founded in November 2001 by Dr. Jeff Weber, DVM, and a team of professionals from a variety of disciplines, is ...

Fetzer Vineyards.(Brief Article)

Nov 04, 2002 ... * By harvest 2010, Fetzer Vineyards intends to grow and purchase only organic grapes for the production of its wines. Today, Fetzer farms over 2,000 vineyard acres organically, ...

Tropicana Products Inc.(Brief Article)

Nov 04, 2002 ... * Tropicana Products Inc., Bradenton, FL, garnered more than 10,000 downloads of an online coupon after airing a long-form direct response television spot for Tropicana Pure Premium orange juice ....

USDA's Agricultural Research Service.(report details health benefits of zinc)(Brief Article)

Nov 04, 2002 ... * Zinc, a mineral essential to human health, may help protect cells against oxidative damage, according to a preliminary study by USDA's Agricultural Research Service. The findings ...

Great Plains Airlines will start serving Arby's sandwiches on its flights over 60 minutes as a result of an agreement with the Tulsa, OK-based Arby's franchisee, United States Beef Corporation.(Brief Article)

Nov 04, 2002 ... * Great Plains Airlines will start serving Arby's sandwiches on its flights over 60 minutes as a result of an agreement with ...

Mergers & acquisitions.

Nov 04, 2002 ... Aquentium, Inc., Lake Elsinore, CA, has completed its acquisition of Food Safe, Inc., Visalia, CA (see FOOD INSTITUTE REPORT, Aug. 12, page 7). Burlington Foodservice Co., Colchester, VT, has signed a letter of intent to acquire the stock of Bonacorsi & Sons, Inc., Barre, VT, ...

Latest financial reports (000 omitted).

Nov 04, 2002 ... <Pre> LATEST FINANCIAL REPORTS (000 omitted) Current% Chge.Year Year Ago AMERICAN ITALIAN PASTA CO. (Kansas City, MO) Qtr. To Sept. 30: Sales $102,200 11.0% Net Income $11,400 132.0% Year: ...

U.S. and EU agencies hope to simplify merger reviews. (Washington).(Brief Article)

Nov 04, 2002 ... Nutrition-related claims were a major focus of food advertising and an important focus of competition between 1977 and 1997, according to Advertising Nutrition & Health, Evidence from Food Advertising 1977-1997, a staff report by economists Pauline M. Ippolito and Janis K. Pappalardo, ...

U.S. and EU agencies hope to simplify merger reviews. (Washington).(Brief Article)

Nov 04, 2002 ... A set of "best practices" for coordinating future merger reviews has been issued by Federal Trade Commission Chairman Timothy Muris, Assistant Attorney General for the Department of Justice's (DOJ) Antitrust Division Charles A. James and European Union (EU) Competition Commissioner Mario ...

FTC reviewing Nestle-Dreyer's deal. (Washington).(Brief Article)

Nov 04, 2002 ... The Federal Trade Commission (FTC) is reviewing whether Nestle's $2.4 billion offer for 67% of Dreyer's Grand Ice Cream would give it too much pricing control in the superpremium ice cream sector, where a pint retails for $4 to $5. This news, together with its request for more information ...

Brazilians divided on free trade pact with the U.S. (Washington).(Brief Article)

Nov 04, 2002 ... Top trade negotiators from the U.S. were busy at work meeting with trade ministers from around the Western Hemisphere to create an outline for negotiating a free-trade zone from Canada to the southern tip of Argentina, reviewed The New York Times on the Web (Oct. 30). A "Free Trade ...

FDA issues import alert on Mexican cantaloupe. (Washington).

Nov 04, 2002 ... The FDA has issued an import alert on cantaloupes from Mexico due to insanitary conditions that have resulted in four Salmonellosis outbreaks in the U.S. in the past three years. These outbreaks caused several illnesses and led to two deaths and at least 18 hospitalizations. The import ...

You should know....(Brief Article)

Nov 04, 2002 ... ... Coca-Cola is suing PepsiCo, claiming that Pepsi has infringed on its patented "bag-in-box" technology once again. In a lawsuit filed in U.S. District Court in Atlanta, GA, Coke claims that Pepsi and a supplier, Rapak, Romeoville, IL, are rolling out a third product that infringes on ...

Food recalls reported. (Washington).(Brief Article)

Nov 04, 2002 ... Santina Foods Inc., Columbus, OH, is recalling an undetermined amount of 5-lb. packages of fresh cooked meatballs. The implicated products were produced dating back to March 1998 and distributed to retail stores and restaurants in Franklin County, OH. Reason for recall: The products may ...

Freshwater crawfish tail meat. (Noted In The Federal Register).(Brief Article)

Nov 04, 2002 ... FRESHWATER CRAWFISH TAIL MEAT: The Department of Commerce is extending the time limit of the preliminary results of the new shipper review of the antidumping duty order on freshwater crawfish tail meat from the People's Republic of China until no later than Feb. 13, 2003. The period ...

Florida citrus. (Noted In The Federal Register).(USDA removes Dancy and Robinson tangerines from citrus regulations)(Brief Article)

Nov 04, 2002 ... FLORIDA CITRUS: USDA is adopting, as a final rule, without change, an interim final rule that removed the Dancy and Robinson varieties of tangerines from the regulated varieties of Florida citrus prescribed under the marketing order covering oranges, grapefruit, tangerines, and tangelos ...

Norgold potatoes. (Noted In The Federal Register).(U.S. Department of Agriculture rule removes Norgold variety potatoes reference from handling regulation)(Brief Article)

Nov 04, 2002 ... NORGOLD POTATOES: USDA has issued a rule that removes the reference to Norgold variety potatoes from the handling regulation issued under the marketing order for Idaho-Eastern Oregon potatoes. The Norgold variety was specifically referenced to establish less restrictive maturity ...

Walla Walla sweet onions. (Noted In The Federal Register).(establishment of grade, inspection requirements )(Brief Article)

Nov 04, 2002 ... WALLA WALLA SWEET ONIONS: Notice is here-by given that the comment period on the establishment of grade and inspection requirements for Walla Walla ...

Wheat from Canada. (Noted In The Federal Register).(U.S. Department of Commerce initiating investigations of antidumping duty)(Brief Article)

Nov 04, 2002 ... WHEAT FROM CANADA: The Department of Commerce is initiating antidumping duty investigations to determine whether imports of durum wheat and hard red spring wheat from Canada are being, or are likely to be, sold in the U.S. at less than fair value. The investigation is in response to a ...

Prune diversion program. (Noted In The Federal Register).(U.S. Department of Agriculture, proposed revision of voluntary prune plum diversion program regulations)(Brief Article)

Nov 04, 2002 ... PRUNE DIVERSION PROGRAM: USDA is inviting comments on revising the administrative rules and regulations pertaining to a voluntary prune plum diversion program under the California prune marketing order. The proposed changes would revise the regulations to reflect changes in industry ...

Fresh garlic. (Noted In The Federal Register).(U.S. International Trade Administration; China's fresh garlic exporter Shandong Heze International Trade and Developing Co.)(Brief Article)

Nov 04, 2002 ... FRESH GARLIC: The International Trade Administration has rescinded the new shipper review of the antidumping duty order on fresh garlic from China with respect to one exporter Shandong Heze International Trade. The decision was based on the lack of evidence supporting Shandong Heze's ...

Patent roundtables. (Noted In The Federal Register).(U.S. Patent and Trademark Office, round table meetings on patent laws harmonization )(Brief Article)

Nov 04, 2002 ... PATENT ROUNDTABLES: The U.S. Patent and Trademark Office is seeking comments from small businesses, experts in global patent issues and other interested parties on achieving additional harmonization of patent laws. Three round table meetings are tentatively scheduled ...

Viticultural area. (Noted In The Federal Register).(Brief Article)

Nov 04, 2002 ... VITICULTURAL AREA: The Bureau of Alcohol, Tobacco and Firearms has received a petition proposing the establishment of the "Red Hills" viticultural area in Lake County, CA. This proposed 31,250-acre viticultural area lies entirely within the current Clear Lake viticultural area in Lake ...

Produce. (Markets).

Nov 04, 2002 ... <Pre> *** USDA HAS PURCHASED *** FRESH APPLES * Shipments between Jan. 31, 2003-Apr. 23, 2002 * No. of Cases Total Cost Fresh Apples (Pilot), 37-1b. pack size 6,468 $80,512 Crown Orchard Company ...

Canned vegetables. (Markets).

Nov 04, 2002 ... ASPARAGUS--Midwest packers for the most part had budget packs in 2002. Quality of the crop harvested was good and with a limited amount of carryover supplies are expected to be adequate this season for most processors. BEETS--Harvesting continues and early expectations are for ...

Tomato products. (Markets).

Nov 04, 2002 ... About 11.1 million short tons of tomatoes were processed in California this year, up 28% from last year, according to the Processing Tomato Advisory Board. Together with production from several Midwestern states, the U.S. processing tomato crop will likely reach 11.7 million short tons, ...

Frozen vegetables. (Markets).

Nov 04, 2002 ... <Pre> European Frozen Food Consumption - 2001 (Source: Quick Frozen Foods International) Potato Vegetables % Change Products % Change Country (Metric Tons) vs. 00'(Metric Tons) vs. 00' ...

Canned fruits. (Markets).

Nov 04, 2002 ... <Pre> SELECTED U.S. EXPORTS OF CANNED FRUIT JAN. 1-SEPT. 1, 2002 (Source: Bureau of Census) Volume Value (1,000 Lbs.) % Chge. ($1,000) % Chge. Citrus Fruits 64,904 46.6%$16,443 32.3% ...

Processed fish. (Markets).

Nov 04, 2002 ... FROZEN FISH--Preliminary cold storage holdings on Oct. 1 for fish and shellfish totaled 388.2 million pounds, up 7% from the same time in 2001. Holdings of Blocks and Slabs were up 26% from 2001 and stocks of Fillets and Steaks were up 11%. <Pre> PRELIMINARY COLD ...

Dried vegetables. (Markets).

Nov 04, 2002 ... <Pre> SELECTED EXPORTS OF DRIED VEGETABLES JAN. 1 - SEPT. 1, 2002 (Source: Bureau of Census) 2002 2001Pounds Pounds % Chge. Onion Powder 20,307,622 21,714,758 -6.5% Netherlands 3,144,1413,247,762...

Dried fruits. (Markets).

Nov 04, 2002 ... <Pre> *** USDA HAS PURCHASED *** FRUIT AND NUT TRAIL MIX * Shipments between Nov. 16, 2002 - June 30, 2003 * No. of CasesTotal Cost Fruit and Nut Trail Mix, 5/5-lb. 128,128 $5,013,687 California Redi-Date, LLC ...

Nuts & nutmeats. (Markets).

Nov 04, 2002 ... <Pre> *** USDA HAS PURCHASED *** ENGLISH WALNUTS (Small) PIECES * Shipments between Nov. 16 - Dec. 15 * No. of Cases Total Cost English Walnuts (Small) Pieces, 30-lb. 54,120 $3,190,849 Mid Valley Nut Co., Inc. ...

Frozen fruits. (Markets).

Nov 04, 2002 ... <Pre> SELECTED U.S. FROZEN FRUIT EXPORTS JAN. 1 - SEPT. 1, 2002 % Chge. Volume % Chge. Value Prey. (1,000 Lbs.) Prey. Yr. ($1,000) Yr. ...

Juices & concentrates. (Markets).

Nov 04, 2002 ... Editor's Note: The chart for apple concentrate imports includes both frozen and non-frozen product since a substantial amount of concentrate is now being classified as frozen by the Bureau of Census due to the changes in the Harmonized Tariff Schedule of the United States Annotated, which ...

Farm prices. (Markets).(Illustration)

Nov 04, 2002 ... <Pre> WHAT FARMERS WERE PAID FOR FARM PRODUCTS - OCT. (Source: USDA) % Chge.% Chge. Commodity & UnitOct. Last Mo. Last Yr. Beans, Dry Edible, Cwt. 16.100 -10.1% -16.1% Corn, Bu.2.360...

Butter. (Markets).(Brief Article)(Illustration)

Nov 04, 2002 ... <Pre> BUTTER MARKET WK. ENDING NOV. 1 (Source: USDA) Cents Per Pound: ...

Cheese. (Markets).(Brief Article)(Illustration)

Nov 04, 2002 ... <Pre> CHEDDAR CHEESE MARKET NOV. 1 Cents Per Pound: 11/01/2002 Chge. Fr. Last Wk. ...

Eggs. (Markets).(Brief Article)(Illustration)

Nov 04, 2002 ... <Pre> EGG PRICES TO RETAILERS WEEK ENDING NOV. 1 (Source: USDA) This Last Chng. From Cents per dozen: Week Week Last Week Extra Large-NY 84-88 75-79+9 Large-NY 82-86 73-77+9 ...

Chicken. (Markets).(Brief Article)(Illustration)

Nov 04, 2002 ... <Pre> PRELIMINARY BROILER PRICES FOR DELIVERY THE WEEK OF NOV. 4 Cents Per Pound:This Week Last Week Chicago40.00-43.00 40.00-43.00 ClevelandToo Few Too Few Detroit Too Few Too Few Los Angeles 68.00 ...

Futures prices. (Markets).(for commodities)(Brief Article)(Illustration)

Nov 04, 2002 ... <Pre> FUTURES PRICES (Source: Wall Street Journal) CashNov. Dec. As of Oct. 31, 2002: Price FuturesFutures Corn, bu. $2.40$2.475(Dec.) $2.52(Mar.) Soybeans, bu. 5.435 5.6525 ...

Commodity prices. (Markets).(Brief Article)(Illustration)

Nov 04, 2002 ... <Pre> COMMODITY PRICES (Source: Wall Street Journal) Week Week % Chge.Ended Ended Last Oct. 31 Oct. 24Year Steers, Tex.-Okl. avg. cwt. ...

Safeway threatens to shed Dominick's.(if workers don't accept contract offer)(Brief Article)

Nov 11, 2002 ... Lowering the wages of Dominick's employees to levels comparable with local competitors is what Safeway was seeking last week when it said it would permanently shut down its Chicago, IL subsidiary if workers did not accept its contract offer. Safeway pointed out that its hourly labor costs ...

McDonald's to close restaurants, eliminate jobs.(Brief Article)

Nov 11, 2002 ... Restaurants, Eliminate Jobs McDonald's Corp. will shutter approximately 175 restaurants in about 10 nations and eliminate 400 to 600 jobs worldwide, forecasting a shortfall in 2002 earnings as it struggles to turn around its U.S. performance and trim worldwide costs. The job cuts, which ...

Stop & Shop opens "next generation of superstores".(Brief Article)

Nov 11, 2002 ... Stop & Shop Supermarket Co., Quincy, MA, has opened its first new prototype supermarkets in Walpole, MA and Rhinebeck, NY. Each store is equipped with a pharmacy, expanded perishable and grocery departments and a wide array of general merchandise products and restaurant options. ...

Diageo in discussions with Burger King buying group.(Brief Article)

Nov 11, 2002 ... Britain's Diageo said talks with Burger King's buyers could lead to revised terms or even the sale falling through, but industry sources said the deal is expected to go through by year-end at lower price than the $2.26 billion originally signed, noted Forbes.com (Nov. 7). Diageo agreed on ...