The Food Institute Report back issues from September 2007:
Reach of Internet seen by food industry ...(Brief article)
Sep 03, 2007 ... If anyone in the food industry has been unsure of the global power of the internet, recent events involving this "new" media have made it much more apparent, and in one case, possibly painfully so. After nearly 14,000 people joined "bring back Wispa" groups on Facebook, a social ...
... And Facebook looks to gain from it.(Brief article)
Sep 03, 2007 ... In a related development, Facebook recently briefed several major advertisers, including PEPSICO and analysts, on its planned advertising system that would allow marketers to tailor ads for the site's customers, reported E-Commerce Times (Aug. 27). "The opportunity to target: That's what ...
Lower-income shoppers' CPG spending levels create big opportunity for U.S. retailers and manufacturers.(Survey)
Sep 03, 2007 ... Some lower-income households actually outpace their higher-income counterparts in consumer packaged goods (CPG) spending. In fact, this group alone will spend $85.3 billion on CPG in 2007 and will generate an additional $84 billion in incremental CPG growth during the next decade, ...
U.S. median income at $48,200.(Statistical data)
Sep 03, 2007 ... Real median household income in the U.S. climbed between 2005 and 2006, reaching $48,200--the second consecutive year that income has risen, according to a report by the U.S. CENSUS BUREAU, Income, Poverty, and Health Insurance Coverage in the United States: 2006. Meanwhile, the ...
Growers seek premium status for transitional products.(Stemilt Growers, Inc.)(Brief article)
Sep 03, 2007 ... Growers are seeking to alleviate the pain of being halfway to organic production with innovative marketing strategies for positioning "transitional" product in a better light. But the jury is still out if such efforts can command the extra dollars that would make them ...
Hispanic food and beverage market continues to grow.
Sep 03, 2007 ... The Hispanic food and beverage market reached $5.7 billion in 2006, up 4% from 2005 and up 21% from 2002. The market is expected to grow to $8.4 billion in 2011 and is being driven by the growing Hispanic population, as well as mainstream consumers' increasing willingness to try new ...
Dunkin' Donuts is seeking larger franchisees and moving away from the smaller entrepreneurs as it looks to expand in the U.S.(NEWS IN A MINUTE)(Brief article)
Sep 03, 2007 ... DUNKIN' DONUTS is seeking larger franchisees and moving away from the smaller entrepreneurs as it looks to expand in the U.S. The chain, which currently has 5,400 franchised U.S. stores, wants to have 15,000 by 2020, and is seeking out ...
Coors Brewing Co., a unit of Molson Coors Brewing Co., created a new subsidiary, AC Golden Brewing Co. to develop high-end beers, according to the Wall Street Journal.(NEWS IN A MINUTE)(AC Golden Brewing Co.)(Brief article)
Sep 03, 2007 ... COORS BREWING CO., a unit of MOLSON COORS BREWING CO., created a new subsidiary, AC GOLDEN BREWING CO. to develop high-end beers, according to the Wall Street Journal. The formation of the ...
Whole Foods Market revealed its plans for the Whole Foods Market and Wild Oats Markets stores in Boulder, Co and throughout the Rocky Mountain region that spans Colorado, New Mexico, Kansas, Utah, Idaho and Kansas City, MO.(NEWS IN A MINUTE)(Brief article)
Sep 03, 2007 ... WHOLE FOODS MARKET revealed its plans for the Whole Foods Market and WILD OATS MARKETS stores in Boulder, CO and throughout the Rocky Mountain region that spans Colorado, New Mexico, Kansas, Utah, Idaho and Kansas City, MO. Plans include converting an 18,500-sq. ft. Wild Oats Markets store ...
The Great Atlantic & Pacific Tea Company, Inc. (A&P) signed a licensing agreement to operate Starbucks stores in select A&P locations in the Northeast.(NEWS IN A MINUTE)(Brief article)
Sep 03, 2007 ... THE GREAT ATLANTIC & PACIFIC TEA COMPANY, INC. (A&P) signed a licensing agreement to operate STARBUCKS stores in select A&P locations in the Northeast. Initial locations are scheduled to open in New Jersey in ...
Cheesecake Factory Inc. plans to open its third concept Rock Sugar Pan Asian Kitchen in Century City, CA in 2008.(NEWS IN A MINUTE)(Brief article)
Sep 03, 2007 ... CHEESECAKE FACTORY INC. plans to open its third concept ROCK SUGAR PAN ASIAN KITCHEN in Century City, CA in 2008. The concept will feature foods from east India, Thailand, Vietnam, Indonesia and Malaysia. Meanwhile, the company recently ...
Rutgers University.(NEWS IN A MINUTE)(Edible films)(Brief article)
Sep 03, 2007 ... Edible films that could kill pathogens and keep food ripe longer are the source of much interest by food scientists, including researchers at RUTGERS UNIVERSITY. The films are made of edible ...
General Mills Inc.(NEWS IN A MINUTE)(Brief article)
Sep 03, 2007 ... GENERAL MILLS INC. will exit the frozen waffle business and consolidate parts of its bakery and food service business. The company plans to close its frozen waffle plant ...
More chicken restaurants are slated for the metro Atlanta market. El Pollo Loco plans to open 50 locations in the area within the next six years.(NEWS IN A MINUTE)(Bojangles' Restaurants Inc.)(Brief article)
Sep 03, 2007 ... More chicken restaurants are slated for the metro Atlanta market. EL POLLO LOCO plans to open 50 locations in the area within the next six years. The California-based chain will unveil a trendy Aztec-inspired interior design and color scheme for its metro Atlanta units ....
Datamonitor.(NEWS IN A MINUTE)(Brief article)
Sep 03, 2007 ... The global bread, rolls and biscuit markets are set to grow substantially by 2011, according to two reports from DATAMONITOR. The global bread and rolls market is forecast to increase 12.6% to $128.6 billion in 2011. Meanwhile, the biscuits ...
Food Lion LLC, a division of Delhaize Group, is opening 10 new Bottom Dollar Food stores in Hampton Roads, VA, as part of its renewal effort in the region.(NEWS IN A MINUTE)(Brief article)
Sep 03, 2007 ... FOOD LION LLC, a division of DELHAIZE GROUP, is opening 10 new BOTTOM DOLLAR FOOD stores in Hampton Roads, VA, as part of its renewal effort in the region. Earlier this year, the company began ...
Fresh Market Inc. anticipates opening 12 to 14 grocery stores in 2007 and about that many in 2008.(NEWS IN A MINUTE)(Brief article)
Sep 03, 2007 ... FRESH MARKET INC. anticipates opening 12 to 14 grocery stores in 2007 and about that many in 2008. The Greensboro, NC-based grocer, which opened its first Baltimore store ...
Del Taco.(NEWS IN A MINUTE)
Sep 03, 2007 ... DEL TACO, the California-based Mexican fast-food chain, is seeking four to five franchisees to ...
Interstate Bakeries Corp.(NEWS IN A MINUTE)(facility closures of Interstate Bakeries Corp.)(Brief article)
Sep 03, 2007 ... INTERSTATE BAKERIES CORP.'S Wonder Bread brand will no longer be available in Southern California grocery stores after it closes its bread baking operations in the region on Oct. 29. The company will close four bakeries, located in Glendale, Pomona, San Diego and in Los Angeles as well as ...
Celestial Seasonings.(NEWS IN A MINUTE)
Sep 03, 2007 ... CELESTIAL SEASONINGS is rolling out an organic pyramid tea bag Line--Saphara by Celestial and is expanding into the coffee market with organic, fair trade ...
Packaged Facts.(NEWS IN A MINUTE)(Brief article)
Sep 03, 2007 ... Sales for non-chocolate candy are expected to grow by 4% in 2007, according to PACKAGED FACTS' The U.S. Market for Non-Chocolate Candy report. However, the market is predicted to grow by smaller increases ranging between 2.9% and 4.2% per year over the ...
Consumers' mind-set determines shopping habits.(Brief article)
Sep 03, 2007 ... Consumers present distinct shopping modes at the supermarket that determines what reaches their grocery carts, according to a study by THE NIELSEN COMPANY. "Shoppers do not waste energy on everyday decisions," according to Manjima Khandelwal, senior vice president, NIELSEN CUSTOMIZED ...
McCormick & Schmick's Seafood Restaurants, Inc.(NEW STORE NEWS)
Sep 03, 2007 ... MCCORMICK & SCHMICK'S SEAFOOD RESTAURANTS, INC., Portland, OR, opened a 7,500-sq. ft. restaurant in Schaumburg, IL, ...
Einstein Noah Restaurant Group opened an Einstein Bros. Bagels restaurant.(NEW STORE NEWS)
Sep 03, 2007 ... EINSTEIN NOAH RESTAURANT GROUP opened an ...
Kurrent Restaurant and The Icebox Bar (a 50-ft. long ice bar) opened in Seattle.(NEW STORE NEWS)
Sep 03, 2007 ... KURRENT RESTAURANT AND THE ICEBOX BAR (a ...
The Fresh Market.(NEW STORE NEWS)
Sep 03, 2007 ... THE FRESH MARKET, Greensboro, NC, made its Wisconsin debut ...
Fresh Market.(NEW STORE NEWS)
Sep 03, 2007 ... Meanwhile, a FRESH MARKET store will open in Florida in the Buffalo Ridge ...
Trader Joe.(NEW STORE NEWS)
Sep 03, 2007 ... TRADER JOE'S opened in Charlotte, NC on Aug ....
The Baltimore Coffee & Tea Co.(NEW STORE NEWS)
Sep 03, 2007 ... THE BALTIMORE COFFEE & TEA CO.'S opened its first retail unit in Annapolis, MD. Plans call ...
Sheetz Inc.(NEW STORE NEWS)
Sep 03, 2007 ... SHEETZ INC. plans to build a 4,000-sq. ft store in Northern Cambria, PA and recently ...
BJ's Restaurants, Inc.(NEW STORE NEWS)
Sep 03, 2007 ... BJ'S RESTAURANTS, INC. opened its 63rd restaurant in McAllen, TX, representing the eighth ...
Kwik Trip.(NEW STORE NEWS)
Sep 03, 2007 ... KWIK TRIP opened a 5,184-sq. ft convenience store ...
Grand Oak Farmers' Market.(NEW STORE NEWS)
Sep 03, 2007 ... GRAND OAK FARMERS' MARKET will open at Grand ...
Chic-Fil-A.(NEW STORE NEWS)
Sep 03, 2007 ... CHIC-FIL-A opened a unit in ...
Manhattan Bagel, a brand of Einstein Noah Restaurant Group, Inc.(NEW STORE NEWS)
Sep 03, 2007 ... MANHATTAN BAGEL, a brand of EINSTEIN NOAH RESTAURANT GROUP, INC., signed a ...
California Pizza Kitchen, Inc. opened its first location in Mexico.(NEW STORE NEWS)
Sep 03, 2007 ... CALIFORNIA PIZZA KITCHEN, INC. opened its first location in Mexico. The new 5,900-sq. ft ....
Little Scoops.(NEW STORE NEWS)
Sep 03, 2007 ... LITTLE SCOOPS opened three new franchises located in ...
Vocelli Pizza.(NEW STORE NEWS)
Sep 03, 2007 ... VOCELLI PIZZA opened a ...
Einstein Bros. Bagels.(NEW STORE NEWS)
Sep 03, 2007 ... EINSTEIN BROS. BAGELS opened a unit at ...
Super Bi-Lo.(NEW STORE NEWS)
Sep 03, 2007 ... BI-LO opened a SUPER BI-LO in Clemson, SC and another is ...
California Pizza Kitchen, Inc.(NEW STORE NEWS)
Sep 03, 2007 ... CALIFORNIA PIZZA KITCHEN, INC. opened ...
McCormick & Schmick's Seafood Restaurants, Inc.(NEW STORE NEWS)
Sep 03, 2007 ... MCCORMICK & SCHMICK'S SEAFOOD RESTAURANTS, ...
Ruth's Chris Steak House, Inc.(NEW STORE NEWS)
Sep 03, 2007 ... RUTH'S CHRIS STEAK HOUSE, INC. opened two new franchised ...
Sweet Tomatoes.(NEW STORE NEWS)
Sep 03, 2007 ... Waukegan, IL-based fast-casual restaurant SWEET ...
Open Pantry Food Marts.(NEW STORE NEWS)
Sep 03, 2007 ... OPEN PANTRY FOOD MARTS opened a store in ...
A target store along with several restaurants including Ihop, Chili's, Culver's.(NEW STORE NEWS)
Sep 03, 2007 ... A TARGET store along with several restaurants including IHOP, CHILI'S, CULVER'S, STARBUCKS and HAROLD'S ...
The Cheesecake Factory Inc.(NEW STORE NEWS)
Sep 03, 2007 ... THE CHEESECAKE FACTORY INC ....
Souplantation & Sweet Tomatoes, San Diego, opened a Sweet Tomatoes restaurant in Waukegan.(NEW STORE NEWS)
Sep 03, 2007 ... SOUPLANTATION & SWEET TOMATOES, San Diego, opened a ...
CKE Restaurants, Inc., Carpinteria, CA, sold 34 Hardee's restaurants in North Carolina to Boddie-Noell Enterprises, a Hardee's franchise operator that also committed to build eight new Hardee's restaurant locations over the next five years.(MERGERS & ACQUISITIONS)(Brief article)
Sep 03, 2007 ... CKE RESTAURANTS, INC., Carpinteria, CA, sold 34 HARDEE'S restaurants in North Carolina to BODDIE-NOELL ENTERPRISES, a Hardee's franchise operator that also committed to build eight new Hardee's restaurant locations over the next five years. CKE sold the restaurants as part of its ongoing ...
Orlando, FL-based Darden Restaurants, Inc.'s wholly owned subsidiary, Surf & Turf Merger Corp.(MERGERS & ACQUISITIONS)(Brief article)
Sep 03, 2007 ... Orlando, FL-based DARDEN RESTAURANTS, INC.'S wholly owned subsidiary, SURF & TURF MERGER CORP., commenced a tender offer to acquire all outstanding shares of common stock of RARE HOSPITALITY INTERNATIONAL, INC., at a price of $38.15 per share, in cash, pursuant to the previously announced ...
Certain subsidiaries of Atlanta, GA-based Focus Brands completed the purchase of substantially all of the assets of Moe's Southwest Grill, an Atlanta-based fast-casual restaurant chain with 360 locations in 34 states and the District of Columbia, from Raving Brands.(MERGERS & ACQUISITIONS)(merging of Moe's Southwest Grill and FOCUS Brands Inc.)(Brief article)
Sep 03, 2007 ... Certain subsidiaries of Atlanta, GA-based FOCUS BRANDS completed the purchase of substantially all of the assets of MOE'S SOUTHWEST GRILL, an Atlanta-based fast-casual restaurant chain with 360 locations in 34 states and the District of Columbia, from Raving Brands. FOCUS Brands, ...
Melville, NY-based The Hain Celestial Group, Inc. acquired Plainville Turkey Farm, Inc. through its Hain Pure Protein Corporation joint venture with Pegasus Capital Advisors, LP.(MERGERS & ACQUISITIONS)(Brief article)
Sep 03, 2007 ... Melville, NY-based THE HAIN CELESTIAL GROUP, INC. acquired PLAINVILLE TURKEY FARM, INC. through its HAIN PURE PROTEIN CORPORATION joint venture with PEGASUS CAPITAL ADVISORS, LP. Located near Syracuse, NY, Plainville Turkey Farm, which ...
Canada-based food retailer The North West Company Fund reached a definitive agreement to acquire Cost-U-Less, Inc., Bellevue, WA, an operator of mid-size warehouse stores in remote island communities in Hawaii, the South Pacific, the Caribbean, and Sonora, CA, for $52.2 million.(MERGERS & ACQUISITIONS)(Brief article)
Sep 03, 2007 ... Canada-based food retailer THE NORTH WEST COMPANY FUND reached a definitive agreement to acquire COST-U-LESS, INC., Bellevue, WA, an operator of mid-size warehouse stores in remote island communities in Hawaii, the South Pacific, the Caribbean, and Sonora, CA, for $52.2 million. The deal ...
Rio Tinto LTD/PLC received U.S. antitrust clearance for its $38.1 billion acquisition of aluminum maker Alcan Inc.(MERGERS & ACQUISITIONS)
Sep 03, 2007 ... RIO TINTO LTD/PLC received U.S. antitrust clearance for its $38.1 billion acquisition of aluminum ...
Newton, MA-based business-to-business media company Questex Media Group, Inc. acquired Oxford Publishing, Inc.(MERGERS & ACQUISITIONS)(Brief article)
Sep 03, 2007 ... Newton, MA-based business-to-business media company QUESTEX MEDIA GROUP, INC. acquired OXFORD PUBLISHING, INC., producers of The Show, a beverage and food event that includes the Nightclub & Bar Convention and Trade Show, the International Restaurant Show-Las Vegas and the ...
The Smith & Wollensky Restaurant Group, Inc. completed the merger by and among Project Grill, LLC, SWRG Acquisition Sub, Inc., a wholly owned subsidiary of Project Grill, and the company.(MERGERS & ACQUISITIONS)(Brief article)
Sep 03, 2007 ... THE SMITH & WOLLENSKY RESTAURANT GROUP, INC. completed the merger by and among PROJECT GRILL, LLC, SWRG ACQUISITION SUB, INC., a wholly owned subsidiary of Project Grill, and the company. Under the terms of the ...
An affiliate of Sun Capital Partners, Inc. completed the acquisition of Boston Market Corporation from McDonald's Corporation.(MERGERS & ACQUISITIONS)
Sep 03, 2007 ... An affiliate of SUN CAPITAL PARTNERS, INC. completed the acquisition of BOSTON MARKET ...
FPI LTD., a Canada-based seafood processor, will sell its last remaining assets for C$301.5 million to two other Canadian seafood companies.(MERGER RELATED NEWS)(Ocean Choice International Inc. and High Liner Foods Inc.)(Brief article)
Sep 03, 2007 ... FPI LTD., a Canada-based seafood processor, will sell its last remaining assets for C$301.5 million to two other Canadian seafood companies. OCEAN CHOICE INTERNATIONAL will pay C$158.5 million for assets and HIGH LINER FOODS INC. will pay C$143 million. Ocean Choice will acquire FPI's ...
Bankruptcy Court Judge M. Bruce McCullough revoked the sale of the closed Lenature's Inc. bottling plant in Latrobe, PA to Giant Eagle Inc. for $19 million.(MERGER RELATED NEWS)(Brief article)
Sep 03, 2007 ... Bankruptcy Court Judge M. Bruce McCullough revoked the sale of the closed LENATURE'S INC. bottling plant in Latrobe, PA to GIANT EAGLE INC., and awarded it instead to CADBURY SCHWEPPES BOTTLING GROUP INC. for $19 million. The federal bankruptcy judge sided with LeNature's court-appointed ...
Wendy's International Inc. agreed to let investor Nelson Peltz have access to confidential and proprietary information about the chain.(MERGER RELATED NEWS)
Sep 03, 2007 ... WENDY'S INTERNATIONAL INC. agreed to let investor Nelson Peltz have access to confidential and proprietary information about the chain. Mr ....
An affiliate of private investment firm Sun Capital Partners, Inc.(MERGERS & ACQUISITIONS)
Sep 03, 2007 ... An affiliate of private investment firm SUN CAPITAL PARTNERS, INC. completed the ...
Tri Star Energy LLC, Nashville, TN, purchased 57 Scot Markets.(MERGERS & ACQUISITIONS)(Brief article)
Sep 03, 2007 ... TRI STAR ENERGY LLC, Nashville, TN, purchased 57 SCOT MARKETS. As a result of the acquisition, Tri Star Energy will operate 120 sites in Tennessee and Kentucky, including 103 in Middle Tennessee. Tri Star Energy, a joint venture of KIMBRO OIL CO., THE PARMAN CORP. and MOTIVA ENTERPRISES ...
Effective Aug. 28, Whole Foods Market, Inc. owns approximately 84.1% of the outstanding shares of Wild Oats Markets common stock and will purchase the approximately 12.7% of the outstanding shares during the next three business days.(MERGERS & ACQUISITIONS)(Brief article)
Sep 03, 2007 ... Effective Aug. 28, WHOLE FOODS MARKET, INC. owns approximately 84.1% of the outstanding shares of WILD OATS MARKETS common stock and will purchase the approximately 12.7% of the outstanding shares during the next three business days. Whole Foods, with ...
Latest financial reports.(sales and net incomes of AFC Enterprises Inc., BJ's Wholesale Club Inc., Blue Square Israel Ltd.)(Financial report)
Sep 03, 2007 ... <Pre> Current % Change YearYear Ago 99 CENTS ONLY STORES (CITY OF COMMERCE, CA) Qtr. To June 30: Sales$292,976 11.1% Net Income $2,964 59.6% 1-800 ...
Aurora Organic Dairy signs consent agreement with USDA.(WASHINGTON)
Sep 03, 2007 ... USDA Agricultural Marketing Service (AMS) entered into a consent agreement with Aurora Organic Dairy (Aurora) in response to a Notice of Proposed Revocation issued earlier this year, alleging violations of National Organic Program (NOP) regulations. Under the consent agreement, Aurora's ...