The Food Institute Report back issues from August 2007:
Takeout trend redefining restaurant industry.(Survey)(Brief article)
Aug 06, 2007 ... Americans consumed an average 127 to-go meals per person in 2006, vs. 81 eaten inside a restaurant, according to Port Washington, NY-based NPD GROUP estimates. More than a third of restaurant customers, 37%, used curbside takeout from sit-down restaurants. "Americans now use restaurants ...
Cross channel competition increasing.
Aug 06, 2007 ... Consumers are increasingly trying to meet their consumer packaged goods (CPG) needs by maximizing their expanding shopping options. As a result, 73% of consumers shop at five or more channels, 27% at six channels and 17% at seven channels, according to INFORMATION RESOURCES, INC. (IRI) ...
Functional beverages growing.(REPORT)
Aug 06, 2007 ... The functional foods and drinks market is projected to reach $109 billion by 2010, with the U.S. representing the largest market worth approximately $29 billion. Increasing health and wellness concerns have moved functional foods and drinks from a niche segment to a mainstream product. The ...
Profile of a frozen vegetable processor.(REPORT)(Brief article)
Aug 06, 2007 ... NATIONAL FROZEN FOODS CORP. processes 340 million pounds of vegetables annually from 30 products, including beans, carrots, peas and corn, reported Washington CEO. These are offered under categories such as organic, purees and blends. It ships to foodservice providers, for retail private ...
Melting Pot.(NEW STORE NEWS)
Aug 06, 2007 ... THE MELTING POT fondue restaurant will open its first Hawaii ...
Godiva Chocolatier.(NEW STORE NEWS)
Aug 06, 2007 ... A GODIVA CHOCOLATIER shop will open in Hawaii ...
Barn Stormers Pub and Eatery.(NEW STORE NEWS)
Aug 06, 2007 ... BARN STORMERS PUB AND EATERY will open in the Yakima, WA airport ...
COSTCO.(NEW STORE NEWS)
Aug 06, 2007 ... COSTCO will build a store in ...
Vidalia Fine Foods.(NEW STORE NEWS)
Aug 06, 2007 ... A 3,100-sq. ft. VIDALIA FINE FOODS grocery store will open in ...
Starbucks opened a new 1,600-sq. ft. unit in the student lounge.(NEW STORE NEWS)
Aug 06, 2007 ... STARBUCKS opened a new 1,600-sq. ft. unit in the ...
Technomic's top fast-casual chains.(REPORT)
Aug 06, 2007 ... Fast-casual restaurants continue to possess strong consumer appeal and exhibit solid average unit volumes, according to TECHNOMIC'S 2007 Top 100 Fast Casual Chain Restaurant Report. This segment experienced over 14% annual growth in 2006, vs. approximately 6% for the U.S. chain restaurant ...
Independent Grocers' sales up 3.78% in 2006, says NGA survey.(REPORT)
Aug 06, 2007 ... Independent Grocers' same store sales increased 3.78%, while overall store margins were relatively constant, reporting 25.6% in 2007 versus 25.3% in 2006. Meanwhile, single-store operators realized a significant drop in net profits before taxes, while multi store operators improved, ...
A $5.5 million expansion is underway at Kikkoman Foods' soy sauce plant in Folsom, CA.(NEWS IN A MINUTE)(Brief article)
Aug 06, 2007 ... * A $5.5 million expansion is underway at KIKKOMAN FOODS' soy sauce plant in Folsom, CA. The project will boost annual production by 20% to 6.3 million gallons. The ...
Spartan Stores Inc. is reintroducing its D&W Fresh Market chain after a $15 million overhaul, with an emphasis on the daily preparation and presentation of its food, executives say.(NEWS IN A MINUTE)(Brief article)
Aug 06, 2007 ... * SPARTAN STORES INC. is reintroducing its D&W FRESH MARKET chain after a $15 million overhaul, with an emphasis on the daily preparation and presentation of its food, executives say. Included among ...
Subway.(NEWS IN A MINUTE)
Aug 06, 2007 ... * The SUBWAY restaurant chain opened 628 new locations from March to June. The company now has more than 6,400 nontraditional locations within ...
Starbucks.(NEWS IN A MINUTE)
Aug 06, 2007 ... * STARBUCKS pulled out of or postponed negotiations on at least a half dozen leases around the Minneapolis-St. Paul area, delaying completion ...
ERS Foods.(NEWS IN A MINUTE)(Brief article)
Aug 06, 2007 ... * ERS FOODS is launching Breakfast Breaks, a convenient meal for kids, to retailers. The grab-and-go meal, packaged in a single-serve box with a handle, features a General Mills bowl pack cereal such as Cheerios and Lucky ...
The Sunny Delight Beverages Co.(NEWS IN A MINUTE)
Aug 06, 2007 ... * THE SUNNY DELIGHT BEVERAGES CO. is test marketing FruitSimple, a new 100% juice smoothie with two full servings of fruit in each 8-ounce ...
Tropical Smoothie Cafe.(NEWS IN A MINUTE)(Brief article)
Aug 06, 2007 ... * An Atlanta area developer is expecting as many as 45 TROPICAL SMOOTHIE CAFE franchises in that market over the next 10 years as part of the chain's mission to grow from 245 ...
PepsiCo Inc.(NEWS IN A MINUTE)(Brief article)
Aug 06, 2007 ... * PEPSICO INC.'S three largest U.S. bottlers will buy renewable energy certificates, which subsidize power generation from the sun, wind and other sources. The $1.1 million ...
Whole Foods executives contend that Trader Joe's, which is expanding rapidly, is its toughest competitor.(NEWS IN A MINUTE)(Brief article)
Aug 06, 2007 ... * WHOLE FOODS executives contend that TRADER JOE'S, which is expanding rapidly, is its toughest competitor. Even in markets where Whole Foods is strong and Trader Joe's is nonexistent, many locals who know about Trader Joe's ...
Kona Blue Water Farms signed a deal with Whole Foods Market.(NEWS IN A MINUTE)
Aug 06, 2007 ... * KONA BLUE WATER FARMS signed a deal with WHOLE FOODS MARKET to be ...
Unilever.(NEWS IN A MINUTE)
Aug 06, 2007 ... * UNILEVER announced the addition of three new flavors to its line of Lipton premium teas: Lipton ...
Circle K, a subsidiary of Alimentation Couche-Tard Inc., is updating most of its 550 Arizona convenience stores and expects to finish within four years.(NEWS IN A MINUTE)(Brief article)
Aug 06, 2007 ... * CIRCLE K, a subsidiary of ALIMENTATION COUCHE-TARD INC., is updating most of its 550 Arizona convenience stores and expects to finish within four years. Changes included offering a ...
Separately, Circle K Stores Inc. announced that it will begin sharing its point-of-sale data from all of its U.S.-based stores with Information Resources, Inc. for incorporation into the IRI AllScan Convenience Store Tracking service.(NEWS IN A MINUTE)(Brief article)
Aug 06, 2007 ... * Separately, CIRCLE K STORES INC. announced that it will begin sharing its point-of-sale data from all of its U.S.-based stores with INFORMATION RESOURCES, INC. for incorporation into the IRI ...
Archer Daniels Midland Company, Decatur, IL, entered into an agreement to acquire the business operations of Mendota, IL-based Fasco Mills Company, a grain and feed company operating one of the largest networks of grain elevators and rail shipping terminals in Illinois.(MERGERS & ACQUISITIONS)(Brief article)
Aug 06, 2007 ... ARCHER DANIELS MIDLAND COMPANY, Decatur, IL, entered into an agreement to acquire the business operations of Mendota, IL-based FASCO MILLS COMPANY, a grain and feed company operating one of the largest networks of grain elevators and rail shipping terminals in ...
Boo Koo Beverages, Inc., Addison, TX, completed a merger with Captech Financial Group, and will change its name to Boo Koo Holdings, Inc.(MERGERS & ACQUISITIONS)
Aug 06, 2007 ... BOO KOO BEVERAGES, INC., Addison, TX, completed a merger with CAPTECH FINANCIAL GROUP, and will change its name to ...
Cheyne Capital Management LLP, London.(MERGERS & ACQUISITIONS)
Aug 06, 2007 ... CHEYNE CAPITAL MANAGEMENT LLP, London, purchased a 5.7% ownership stake in THE ...
Dividend Capital Total Realty Trust, Denver, purchased 25 shopping centers primarily in Greater Boston, from Tedeschi Realty Corp. for $377 million.(MERGERS & ACQUISITIONS)
Aug 06, 2007 ... DIVIDEND CAPITAL TOTAL REALTY TRUST, Denver, purchased 25 shopping centers primarily in Greater Boston, from TEDESCHI REALTY CORP. for $377 million ....
E. & J. Gallo Winery, Modesto, CA, reached a definitive agreement to purchase Napa-based William Hill Estate from Beam Wine Estates, Inc., the wine group of Beam Global Spirits & Wine, Inc., a subsidiary of Fortune Brands, Inc.(MERGERS & ACQUISITIONS)(Brief article)
Aug 06, 2007 ... E. & J. GALLO WINERY, Modesto, CA, reached a definitive agreement to purchase Napa-based WILLIAM HILL ESTATE from BEAM WINE ESTATES, INC., the wine group of BEAM GLOBAL SPIRITS & WINE, INC., a subsidiary of FORTUNE BRANDS, INC ....
KPS Capital Partners, LP, New York, sold its portfolio company Blue Ridge Holding Corp. to Packaging Holdings, Inc. (wholly owned by Rank Group Limited, New Zealand) for $338 million.(MERGERS & ACQUISITIONS)(Brief article)
Aug 06, 2007 ... KPS CAPITAL PARTNERS, LP, New York, sold its portfolio company BLUE RIDGE HOLDING CORP. to PACKAGING HOLDINGS, INC. (wholly owned by RANK GROUP LIMITED, New Zealand) for $338 million. Blue ...
Marsh Supermarkets, Inc., Indianapolis, sold the assets of its Butterfield Foods, LLC to Violi Foods, LLC.(MERGERS & ACQUISITIONS)(Brief article)
Aug 06, 2007 ... MARSH SUPERMARKETS, INC., Indianapolis, sold the assets of its BUTTERFIELD FOODS, LLC to VIOLI FOODS, LLC. Frank Violi, president and CEO of Violi Foods, LLC, has been president of Butterfield Foods since May 2003. Butterfield Foods serves as the central kitchen for Marsh, preparing many ...
NSF International, Ann Arbor, MI-based global testing and certification company committed to pubic health protection, reached an agreement on the terms of a recommended cash offer to acquire UK-based CMi PLC, a leading European food safety and assurance company operating thoughout the food supply chain.(MERGERS & ACQUISITIONS)(Brief article)
Aug 06, 2007 ... NSF INTERNATIONAL, Ann Arbor, MI-based global testing and certification company committed to pubic health protection, reached an agreement on the terms of a recommended cash offer to acquire UK-based CMi PLC, a leading European food ...
RCG Starboard Advisors, LLC, a subsidiary of New York-based Ramius Capital Group, L.L.C disclosed that it beneficially owns approximately 6.5% of the common stock of Luby's, Inc., Houston.(MERGERS & ACQUISITIONS)(Brief article)
Aug 06, 2007 ... RCG STARBOARD ADVISORS, LLC, a subsidiary of New York-based RAMIUS CAPITAL GROUP, L.L.C disclosed that it beneficially owns approximately 6.5% of the common stock of LUBY'S, INC., Houston. RCG Starboard Advisors also ...
Brown & Cole.(MERGER RELATED NEWS)(Brown and Cole Stores Inc.)(Brief article)
Aug 06, 2007 ... The BROWN & COLE supermarket chain is negotiations with a California investor group that would provide about $40 million in financing and become majority owners of the ...
Cadbury Schweppes.(MERGER RELATED NEWS)
Aug 06, 2007 ... CADBURY SCHWEPPES said it might split off, rather than sell, its U.S. beverage ...
Nestle SA received permission from the European Commission to buy Gerber.(MERGER RELATED NEWS)
Aug 06, 2007 ... NESTLE SA received permission from the EUROPEAN COMMISSION to buy ...
Silver Eagle Distributors LP, Houston, closed on its acquisition of Budco Ltd., San Antonio.(MERGERS & ACQUISITIONS)
Aug 06, 2007 ... SILVER EAGLE DISTRIBUTORS LP, Houston, closed on its acquisition of BUDCO LTD., San Antonio, making the ...
Star Buffet, Inc., a Scottsdale, AZ-based multi-concept restaurant operator, entered into a strategic alliance with 4B'S Restaurants, Inc., Missoula, MT, through which it will acquire certain 4B's restaurants.(MERGERS & ACQUISITIONS)
Aug 06, 2007 ... STAR BUFFET, INC., a Scottsdale, AZ-based multi-concept restaurant operator, entered into a strategic alliance with 4B'S RESTAURANTS, INC., Missoula, MT, ...
Unified Grocers, Inc. and Associated Grocers, Inc. signed an Asset Purchase Agreement.(MERGERS & ACQUISITIONS)
Aug 06, 2007 ... UNIFIED GROCERS, INC. and ASSOCIATED GROCERS, INC. signed an Asset Purchase Agreement in which Unified agreed to ...
Investment firm W. P. Carey & Co. acquired two meat processing facilities--Mountain City Meat Company's Denver, CO facility and O'Charley's Inc.'s Nashville, TN facility--for $9 million each.(MERGERS & ACQUISITIONS)
Aug 06, 2007 ... Investment firm W. P. CAREY & CO. acquired two meat processing facilities--MOUNTAIN CITY MEAT COMPANY'S Denver, CO facility and ...
Latest financial reports.(REPORT)(Statistical table)(Financial report)
Aug 06, 2007 ... <Pre> LATEST FINANCIAL REPORTS (IN $000) Current % Change Year Year Ago ALCAN INC. (MONTREAL, CANADA) Qtr. To June 30: Sales ...
Business Capital Corporation.(FI MEMBER PROFILE)
Aug 06, 2007 ... Business Capital Corporation (BCC) is a financial advisory firm that provides M&A and business valuation consulting services to middle market food companies. As an active member in the International Network of M&A Partners (IMAP), BCC is involved in developing food M&A opportunities around ...
KeyImpact Sales & Systems, Inc.(FI MEMBER PROFILE)
Aug 06, 2007 ... KeyImpact Sales & Systems, Inc. is an Employee-Owned, "Full Service" Foodservice Sales Agency, which is comprised of Foodservice, Tabletop Packaging Supplies and Retail Deli/Bakery Divisions. KeyImpact focuses on sales through ...
National Frozen & Refrigerated Foods Association.(FI MEMBER PROFILE)
Aug 06, 2007 ... Founded in 1945, the National Frozen & Refrigerated Foods Association (NFRA) is uniquely positioned as an all-industry trade association for frozen and refrigerated foods, representing both foodservice and retail interests. As the leading association for the frozen and refrigerated foods ...
Ray Brothers & Noble Canning Co., Inc.(FI MEMBER PROFILE)
Aug 06, 2007 ... Since 1925, the Noble and Ray families have been growing and canning tomatoes in Central Indiana. Now in its fourth generation of family owners, they have been successful in producing excellent quality canned tomato products. The product line of canned items offered is in the private label ...
S. Kamberg & Company Ltd.(FI MEMBER PROFILE)
Aug 06, 2007 ... Founded by Stephen Kamberg in 1965, S. Kamberg & Company Ltd. has become one of the leading food ingredient brokers in the Northeast. S. Kamberg concentrates its efforts by working with food processors in the Baking, Confectionery, Candy and Ice Cream Industries as well as with Ethnic ...
San Joaquin Brokerage, Inc.(FI MEMBER PROFILE)
Aug 06, 2007 ... In business for over 28 years, San Joaquin Brokerage, Inc. is an independent food broker based in Clovis CA. San Joaquin markets a wide variety of frozen fruits such as: apples, cherries, blackberries, apricots, blueberries, boysenberries, peaches, raspberries, strawberries and ...
FDA seeks to strengthen safety of food facilities overseen by states.(WASHINGTON)
Aug 06, 2007 ... FDA last week launched a national program to bring about the adoption of more uniform, equivalent, and high quality regulatory programs by state agencies responsible for regulating facilities that manufacture, process, pack, or hold food under FDA's jurisdiction. "This ...
Warning letter issued.(WASHINGTON)(Brief article)
Aug 06, 2007 ... QUALITY FORMULATION LABORATORIES, INC., Paterson, NJ was issued a warning letter on July 13, 2007 by FDA following an inspection of its manufacturing facility on Jan. 25, 26, 29, 30 and Feb. 1, 6 and 12. FDA determined that the company's Egg Protein III Vanilla powder mix and American ...
Government ponders "Alcohol Facts" label.(WASHINGTON)(Brief article)
Aug 06, 2007 ... The Alcohol and Tobacco Tax and Trade Bureau (TTB) is proposing to require a statement of alcohol content, expressed as a percentage of volume, on all alcoholic beverages. The label would also include a "serving facts" component, which would list the number of calories, carbohydrates, fat, ...
Whole Foods Market.(FROM FDA'S ENFORCENT REPORT)(Everyday Value Swiss Dark Chocolate Bars recalled)(Brief article)
Aug 06, 2007 ... 365 Organic Everyday Value Swiss Dark Chocolate Bars are being recalled by WHOLE FOODS MARKET, Austin, TX. The products were distributed in Alabama, Colorado, Connecticut, Florida, Georgia, Illinois, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Michigan, Minnesota, Missouri, ...
California Department of Public Health.(FROM FDA'S ENFORCENT REPORT)(Brief article)
Aug 06, 2007 ... Ginger imported from China should not be eaten by consumers, according to CALIFORNIA DEPARTMENT OF PUBLIC HEALTH. The product was distributed to ALBERTSON'S stores and Save Mart stores in northern ...
Sara Lee Food & Beverage.(FROM FDA'S ENFORCENT REPORT)(wheat bread products recalled)(Brief article)
Aug 06, 2007 ... Whole wheat bread products are being recalled by SARA LEE FOOD & BEVERAGE, Downers Grove, IL. The products listed below were distributed in Mississippi and Alabama, most of Arkansas, far southeastern Missouri, western Georgia, southwestern Tennessee, southeastern Louisiana and the ...
Lakeside Foods, Inc.(FROM FDA'S ENFORCENT REPORT)(French Style Green Beans recalled)(Brief article)
Aug 06, 2007 ... French Style Green Beans in 14.5-oz. cases are being recalled by LAKESIDE FOODS, INC. of Manitowoc, WI. The products were distributed in Alabama, Arizona Colorado, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Mississippi, Missouri, ...
In the wake of some severe criticism, FDA suspended its plan to cut seven of its 13 field laboratories until a new Cabinet-level panel finishes its review of ways to ensure the safety of imports, noted FDA Commissioner Andrew C. von Eschenbach, reported The Washington Times.(YOU SHOULD KNOW)
Aug 06, 2007 ... ....In the wake of some severe criticism, FDA suspended its plan to cut seven of its 13 field laboratories until a new Cabinet-level panel finishes its review of ways to ensure the safety of imports, noted FDA Commissioner Andrew C. von Eschenbach, ...
There has been confusion about the safety of ginger as a result of a warning posted by the California Department of Public Health (see above), according to Jim Provost, president of I Love Produce LLC.(YOU SHOULD KNOW)
Aug 06, 2007 ... ...There has been confusion about the safety of ginger as a result of a warning posted by the California Department of Public Health (see above), according to Jim Provost, president of I Love ...
The Department Of Justice and Doctor's Associates Inc. came to a comprehensive settlement Agreement.(YOU SHOULD KNOW)
Aug 06, 2007 ... ....The DEPARTMENT OF JUSTICE and DOCTOR'S ASSOCIATES INC. came to a comprehensive ...
Gypsy Moth.(NOTED IN THE FEDERAL REGISTER)(Brief article)
Aug 06, 2007 ... GYPSY MOTH--USDA amended the gypsy moth regulations by adding Delaware and Franklin Counties in Ohio and Monroe County in West Virginia to the list of generally infested areas based upon the detection of infestations of gypsy moth in those counties. As a result of the interim rule, ...
Spearmint Oil.(NOTED IN THE FEDERAL REGISTER)(food industry)(Brief article)
Aug 06, 2007 ... Spearmint Oil--USDA revised the quantity of Class 1 (Scotch) and Class 3 (Native) spearmint oil that handlers may have purchased from, or handled for, producers during the 2006-2007 marketing year. This rule continues in effect the action that increased the Scotch spearmint oil salable ...
Animal Drug Regulations.(NOTED IN THE FEDERAL REGISTER)(Brief article)
Aug 06, 2007 ... Animal Drug Regulations--FDA is amending the animal drug regulations for food substances affirmed as generally recognized as safe in feed and drinking water of animals to correct a cross-reference. FDA found that the regulation affirming as generally recognized as safe the use of ethyl ...
Honey.(NOTED IN THE FEDERAL REGISTER)
Aug 06, 2007 ... Honey--The Department of Commerce is extending the time limit for the preliminary results of the administrative and new shipper reviews of honey from the People's Republic of ...
USDA amended the Oriental fruit fly regulations by removing the Santa Ana area of Orange County, CA from the list of quarantined areas and removing restrictions on the interstate movement of regulated articles from that area.(IN THE NEWS ...)(Brief article)
Aug 06, 2007 ... USDA amended the Oriental fruit fly regulations by removing the Santa Ana area of Orange County, CA from the list of quarantined areas and removing restrictions on the interstate movement of regulated articles from that area. This action is necessary to relieve restrictions that are no ...
USDA reopened the comment period for the proposed rule that would amend the citrus canker regulations by modifying the conditions under which fruit may be moved interstate from quarantined areas.(IN THE NEWS ...)(Brief article)
Aug 06, 2007 ... USDA reopened the comment period for the proposed rule that would amend the citrus canker regulations by modifying the conditions under which fruit may be moved interstate from quarantined areas. This action ...
USDA decreased the assessment rate established for the Citrus Administrative Committee (Committee) for the 2007-08 and subsequent fiscal periods from $0.008 to $0.0072 per 4/5 bushel carton of oranges, grapefruit, tangerines, and tangelos handled.(IN THE NEWS ...)(Brief article)
Aug 06, 2007 ... USDA decreased the assessment rate established for the Citrus Administrative Committee (Committee) for the 2007-08 and subsequent fiscal periods from $0.008 to $0.0072 per 4/5 bushel carton of oranges, grapefruit, tangerines, and tangelos handled. The Committee locally administers the ...