The Food Institute Report back issues from November 2007:
Supermarkets handling food price inflation better than restaurants ...(Statistical data)
Nov 05, 2007 ... Faced with higher food prices and slipping sales, eating and drinking place operators saw monthly "real" (deflated) sales drop under year ago levels for the first time in six years during September, according to an exclusive FOOD INSTITUTE analysis of government data. Grocery ...
... But inflation is "uncharted territory" for some.(cheese prices)
Nov 05, 2007 ... Despite increasing its retail cheese prices 7% this year, KRAFT FOODS INC. was not able to offset the raising commodity costs it faced this year and its gross margins dropped 2.4% in the most recent quarter. Kraft's Chief Executive Irene Rosenfeld even commented that these high costs have ...
Eataly coming to New York City.(Oscar Farinetti's Italian food market )(Brief article)
Nov 05, 2007 ... A novel Italian food market concept, featuring elements of a European open market, two restaurants and educational activities, will debut in New York City in spring 2008. The two-level 10,000-sq. ft. store, to be located in the CENTRIA building on 48th street, will be modeled after the ...
Challenges in the organic market.
Nov 05, 2007 ... Natural and organic food companies have not entirely welcomed WHOLE FOODS MARKET'S acquisition of WILD OATS and there is cause for some alarm amongst suppliers as the retailer has strengthened its bargaining power. With few openings in the market, most dedicated natural and organic food ...
Private label-nationwide and abroad.
Nov 05, 2007 ... In the U.S., total private label share at retail has been flat for several years, but sizable shifts have occurred at the category level, driven in large part by changes in merchandising levels, changes in pricing, and new product introductions, according to INFORMATION RESOURCES, INC ....
More restaurant offerings at supermarkets.
Nov 05, 2007 ... With consumers eating more but cooking less, growing numbers of restaurant companies are bringing their menu items to grocery aisles. Figures showing how many restaurants offer their products in stores, or how those sales have grown, are hard to come by, as most data collection services do ...
Chiquita looks to value added products to improve profitability.(Chiquita Brands International Inc. is planning to restructure)
Nov 05, 2007 ... Chiquita Brands International plans to consolidate its operations and simplify its overhead structure, in an effort to improve efficiency, stimulate innovation and increase its focus on customers and consumers. The $4.5 billion marketer and distributor of fresh and value-added food ...
Tesco could have 1,000 stores in the U.S. within five years, with sales of $7 billion to $10 billion, according to James Anstead, a London-based analyst for Citi Investment Research.(NEWS IN A MINUTE)(Brief article)
Nov 05, 2007 ... TESCO could have 1,000 stores in the U.S. within five years, with sales of $7 billion to $10 billion, according to James Anstead, a London-based analyst for CITI INVESTMENT RESEARCH. By 2015, Tesco's U.S. stores could account for 5% to 10% of Tesco's total, noted Mr ....
Through a joint venture, Starbucks and Pepsico introduced bottled "frappucino" coffee drinks in China.(NEWS IN A MINUTE)
Nov 05, 2007 ... Through a joint venture, STARBUCKS and PEPSICO introduced bottled ...
Little Cupcake Bake Shop.(NEWS IN A MINUTE)(Brief article)
Nov 05, 2007 ... Conservation efforts saved thousands of dollars for Brooklyn's LITTLE CUPCAKE BAKE SHOP, reported The New York Times On The Web. The store saved $9,000 a year by switching from paper to ceramic ...
Wakefern Food Corporation.(NEWS IN A MINUTE)
Nov 05, 2007 ... WAKEFERN FOOD CORPORATION rolled out AccessVia Web dSignShop to deliver retail consumer messaging to member stores. Independent stores ...
Winn-Dixie Stores, Inc.(NEWS IN A MINUTE)
Nov 05, 2007 ... WINN-DIXIE STORES, INC. is on track to remodel a total of 75 stores in fiscal 2008; 30 are already completed ....
Meanwhile, Winn-Dixie Stores, Inc. recently introduced V-H2O.(NEWS IN A MINUTE)
Nov 05, 2007 ... Meanwhile, WINN-DIXIE STORES, INC. recently introduced V-H2O, its private label vitamin-enhanced water ...
Target Corp. could open an average of one food distribution center per year for the next 10 years to serve a rapidly expanding number of Supertarget locations, according to Deborah Weinswig, an analyst with Citigroup Global Markets.(NEWS IN A MINUTE)(Brief article)
Nov 05, 2007 ... TARGET CORP. could open an average of one food distribution center per year for the next 10 years to serve a rapidly expanding number of SUPERTARGET locations, according to Deborah Weinswig, an analyst with CITIGROUP GLOBAL MARKETS. The ...
Lamppost Pizza, a 43-unit California-based chain, is searching for franchisees to run eight or nine new locations in the Central Texas area.(NEWS IN A MINUTE)(Brief article)
Nov 05, 2007 ... LAMPPOST PIZZA, a 43-unit California-based chain, is searching for franchisees to run eight or nine new locations in the Central Texas area. The company is also trying to ...
Donatos Pizzeria LLC opened its first restaurant after signing a 64-shop franchise deal with North Carolina-based Piedmont Pizzeria LLC, and has franchised outlets planned for Athens, Ashland, Mason, Springboro and Toledo, OH.(NEWS IN A MINUTE)
Nov 05, 2007 ... DONATOS PIZZERIA LLC opened its first restaurant after signing a 64-shop franchise deal with North Carolina-based PIEDMONT PIZZERIA LLC, and has franchised ...
Chipotle Mexican Grill, Inc.(NEWS IN A MINUTE)
Nov 05, 2007 ... CHIPOTLE MEXICAN GRILL, INC. plans to open 130-140 new restaurant in 2008 in addition to the ...
Starbucks Corp. plans to double its presence, up from 106 outlets, in Michigan over the next five years.(NEWS IN A MINUTE)(Brief article)
Nov 05, 2007 ... STARBUCKS CORP. plans to double its presence, up from 106 outlets, in Michigan over the next five years. The Seattle-based company has approximately 200 points of distribution in Michigan, including the 106 coffee shops, 94 smaller locations in places such as TARGET and KROGER ...
Froots Smoothies, Fort Lauderdale, FL, is working with Two Eyes Blue LLC to develop approximately 20 stores in Central Texas.(NEWS IN A MINUTE)
Nov 05, 2007 ... FROOTS SMOOTHIES, Fort Lauderdale, FL, is working with TWO EYES BLUE LLC to develop approximately 20 stores in Central ...
Nestle.(NEWS IN A MINUTE)(Nestle S.A.)(Brief article)
Nov 05, 2007 ... NESTLE outlined plans to become the world's largest provider of "extreme nutrition," claiming its buildup in high-tech health foods would continue at a rapid pace. Nestle, for instance, shunned snack foods for probiotic ...
The NPD Group.(NEWS IN A MINUTE)(most of the mothers prefer identical foods for breakfast )(Brief article)
Nov 05, 2007 ... New moms today are feeding young children nearly identical foods for breakfast (cold cereal, glass of milk, fruit juice, eggs fruit, toast, waffles, pancakes hot cereal and bacon) as moms did two decades ago, according to the 22nd Annual Eating Patterns in America report from THE NPD ...
Baldacci.(NEWS IN A MINUTE)(imports from Greece )(Brief article)
Nov 05, 2007 ... Grocers are appealing to shoppers with products sourced from the Mediterranean region. The heart-healthy culinary traditions of Greece and southern Italy from around the 1950s are being revisited in international aisles throughout U.S ....
Wawa Inc.(NEWS IN A MINUTE)
Nov 05, 2007 ... WAWA INC. is in the process of a substantial upgrade to its website in an effort to convey the ...
Ministry of Commerce.(NEWS IN A MINUTE)(forecast regarding accommodation and catering retail sales )(Brief article)
Nov 05, 2007 ... China's accommodation and catering retail sales are expected to reach $164 billion in 2007, up 18.6% from last year, according to statistics released by the MINISTRY OF ...
Applebee's International, Inc. stockholders voted to adopt the merger agreement between the company and IHOP Corp.(MERGERS & ACQUISITIONS)
Nov 05, 2007 ... APPLEBEE'S INTERNATIONAL, INC. stockholders voted to adopt the merger agreement between the company ...
Artic Glacier Income Fund's operating subsidiary, Artic Glacier Inc., acquired the assets and operations of Kar Ice Service Inc. of Barstow, CA.(MERGERS & ACQUISITIONS)(Brief article)
Nov 05, 2007 ... ARTIC GLACIER INCOME FUND'S operating subsidiary, ARTIC GLACIER INC., acquired the assets and operations of KAR ICE SERVICE INC. of Barstow, CA. The acquisition expands Artic Glacier's market coverage of California and contributes additional revenue in excess of US$2 million. Kar Ice ...
CKE Restaurants, Inc., Carpinteria, CA, sold 26 restaurants in Peoria and Quincy, IL to Shree Krishna Food, LLC as part of the company's ongoing strategic refranchising program.(MERGERS & ACQUISITIONS)(Brief article)
Nov 05, 2007 ... CKE RESTAURANTS, INC., Carpinteria, CA, sold 26 restaurants in Peoria and Quincy, IL to SHREE KRISHNA FOOD, LLC as part of the company's ongoing strategic refranchising program. Shree Krishna committed to build six new HARDEE'S restaurant locations in these markets over the ...
The Clorox Company, Oakland, CA, will acquire Burt's Bees, a Durham, NC-based manufacturer of natural personal care products.(MERGERS & ACQUISITIONS)(Brief article)
Nov 05, 2007 ... THE CLOROX COMPANY, Oakland, CA, will acquire BURT'S BEES, a Durham, NC-based manufacturer of natural personal care products. Clorox will acquire 100% of Burt's Bees for $925 million net of ...
GPM Investments, Mechanicsville, VA-based parent of Fas Mart, is planning to purchase the 57-unit Double Kwik convenience store chain and convert them to its Fas Mart brand.(MERGERS & ACQUISITIONS)
Nov 05, 2007 ... GPM INVESTMENTS, Mechanicsville, VA-based parent of FAS MART, is planning to purchase the 57-unit DOUBLE KWIK convenience store ...
J.E. Grote Company Inc., a Columbus, OH-based manufacturer of food slicing equipment, acquired Advanced Food Technology Ltd, an Oxfordshire, England-based producer of sandwich slicing and assembly gear.(MERGERS & ACQUISITIONS)(Brief article)
Nov 05, 2007 ... J.E. GROTE COMPANY INC., a Columbus, OH-based manufacturer of food slicing equipment, acquired ADVANCED FOOD TECHNOLOGY LTD, an Oxfordshire, England-based producer of sandwich slicing ...
Kraft Foods Inc., Northfield, IL, signed final agreements to acquire the global biscuit business of Groupe Danone for 5.3 billion [euro] in cash subject to purchase price adjustments.(MERGERS & ACQUISITIONS)(Brief article)
Nov 05, 2007 ... KRAFT FOODS INC., Northfield, IL, signed final agreements to acquire the global biscuit business of GROUPE DANONE for 5.3 billion [euro] in cash subject to ...
Kreher's Poultry Farms, Clarence, NY, purchased the Wolcott, NY egg farm from Wegmans Food Markets, Rochester, NY.(MERGERS & ACQUISITIONS)
Nov 05, 2007 ... KREHER'S POULTRY FARMS, Clarence, NY, purchased the Wolcott, NY egg ...
Prime Restaurants, Inc. entered into an agreement with a restaurant broker/dealer to acquire or establish three restaurants in the New York metropolitan area.(MERGERS & ACQUISITIONS)
Nov 05, 2007 ... PRIME RESTAURANTS, INC. entered into an agreement with a restaurant broker/dealer to acquire or establish three restaurants in the New York ...
Nascent Wine Company, Inc., dba Nascent Foodservice, completed the acquisition of Comercial Targa SA De CV, a leading imported cheese distributor in Baja California, Mexico.(MERGERS & ACQUISITIONS)(Brief article)
Nov 05, 2007 ... NASCENT WINE COMPANY, INC., dba NASCENT FOODSERVICE, completed the acquisition of COMERCIAL TARGA SA DE CV, a leading imported cheese distributor in Baja California, ...
OSI Restaurant Partners Inc., Tampa, FL, agreed in principle to sell a majority interest in the Lee Roy Selmon's restaurant brand to an investment group led by founder Lee Roy Selmon and Peter Barili, president of the restaurant brand.(MERGERS & ACQUISITIONS)(Brief article)
Nov 05, 2007 ... OSI RESTAURANT PARTNERS INC., Tampa, FL, agreed in principle to sell a majority interest in the LEE ROY SELMON'S restaurant brand to an investment group led by founder Lee Roy Selmon and Peter Barili, president of the restaurant brand. OSI will retain a 20% interest in the business. The ...
Alimentation Couche-Tard Inc. will not try to acquire the Sanford, NC-based convenience store chain The Pantry, according to the company's chairman, president and CEO Alain Bouchard.(MERGER RELATED NEWS)(Brief article)
Nov 05, 2007 ... ALIMENTATION COUCHE-TARD INC. will not try to acquire the Sanford, NC-based convenience store chain THE PANTRY, according to the company's chairman, president and CEO Alain Bouchard ....
Brazilian food processor, Perdigao SA agreed to buy rival Eleva Alimentos SA for $790 million in cash and stock.(MERGER RELATED NEWS)
Nov 05, 2007 ... Brazilian food processor, PERDIGAO SA agreed to buy rival ELEVA ...
The European Commission cleared, subject to conditions, the proposed acquisition by the Groupe Danone SA of the Dutch company Royal Numico NV.(MERGER RELATED NEWS)(Brief article)
Nov 05, 2007 ... THE EUROPEAN COMMISSION cleared, subject to conditions, the proposed acquisition by the GROUPE DANONE SA of the Dutch company ROYAL NUMICO NV. The commission's decision is conditional upon the divestment of Numico's baby milk and baby drink business in France, Danone's baby ...
Mitsubishi Corp. made a tender offer to boost its stake in Kentucky Fried Chicken Japan Ltd. in a deal worth up to $267.7 million.(MERGER RELATED NEWS)
Nov 05, 2007 ... MITSUBISHI CORP. made a tender offer to boost its stake in KENTUCKY FRIED CHICKEN JAPAN LTD. in a deal ...
Starbucks is eyeing Campbell Soup's Godiva unit, potentially in partnership with a private-equity firm.(MERGER RELATED NEWS)
Nov 05, 2007 ... STARBUCKS is eyeing CAMPBELL SOUP'S GODIVA unit, potentially in ...
Potential buyers for Wendy's International Inc. have until Nov. 12 to submit bids, however, a financing package assembled by its banks could lead to lower offers, according to The Wall Street Journal (Nov. 1).(MERGER RELATED NEWS)(Brief article)
Nov 05, 2007 ... Potential buyers for WENDY'S INTERNATIONAL INC. have until Nov. 12 to submit bids, however, a financing package assembled by its banks could lead to lower offers, according to The Wall Street Journal (Nov. 1). Its lenders, JP MORGAN CHASE and ...
Latest financial reports.(Statistical table)(Financial report)
Nov 05, 2007 ... <Pre> LATEST FINANCIAL REPORTS Current% Change YearYear Ago ALEXANDER & BALDWIN, INC. (HONOLULU, HI) Qtr. To Sept. 30: Sales $434,700 3.2% Net Income $49,100 ...
FDA seeks comments on food label revamp.(WASHINGTON)(United States. Food and Drug Administration)
Nov 05, 2007 ... In a first step towards what could be a significant revamping of food labels, FDA issued an advance notice of proposed rulemaking to request comments by Jan. 31, 2008 on what new reference values the agency should use to calculate the percent daily value(DV) in the Nutrition Facts and ...
Brave new biotech world? Maybe ... maybe not.(WASHINGTON)(research on genetically engineered foods)
Nov 05, 2007 ... With over 70% of processed products on grocery shelves now containing genetically engineered ingredients designed mainly to ward off pests and withstand herbicides, biotech researchers are poised to introduce the next wave of modified products. But not, evidently, without some ...
Food product recalls reported.(WASHINGTON)
Nov 05, 2007 ... Several varieties of Totino's Original Crisp Crust Party Pizza and Jeno's Crisp 'n Tasty Pizza are being recalled by GENERAL MILLS OPERATIONS, Wellston, OH. The products were distributed nationwide. The firm initiated recall began on Nov. 1, 2007 and is ongoing. Reason for Recall: "The ...
FDA issues warning letters.(WASHINGTON)(United States. Food and Drug Administration)(Brief article)
Nov 05, 2007 ... ALLY K. ENTERPRISE CORPORATION, Miami, FL was issued a warning letter on Oct. 16, 2007 by FDA following an inspection of the company's seafood processing facility on July 1820, 2007. FDA found that the company has serious violations of the seafood Hazard Analysis and Critical Control Point ...
... Grocery stores, researchers and government entities are looking at ways to reduce the environmental impact of the two million tons of food Ohio residents send to the dump each year, by turning it into compost or alternative energy.(YOU SHOULD KNOW....)(Brief article)
Nov 05, 2007 ... .... Grocery stores, researchers and government entities are looking at ways to reduce the environmental impact of the two million tons of food Ohio residents send to the dump each year, by turning it into compost or alternative energy. About 97% of the state's food waste ends up in ...
... Wegmans Food Markets adopted a new purchasing policy for farmed shrimp, requiring farmed shrimp producers to eliminate the use of antibiotics and other chemicals, avoid damaging sensitive habitats, treat their waste water and reduce the use of wild fish to feed shrimp.(YOU SHOULD KNOW ...)(Brief article)
Nov 05, 2007 ... .... WEGMANS FOOD MARKETS adopted a new purchasing policy for farmed shrimp, requiring farmed shrimp producers to eliminate the use of antibiotics and other chemicals, avoid damaging sensitive habitats, treat their waste water and reduce the use of wild fish to feed shrimp. Suppliers will ...
... The Chinese government arrested 774 people in the past two months as part of a nationwide crackdown on the production and sale of tainted food, drugs, and agricultural products.(YOU SHOULD KNOW ...)
Nov 05, 2007 ... .... The Chinese government arrested 774 people in the past two months as part of a nationwide crackdown on the production and sale of tainted ...
... Kraft Foods Inc. and the Procter & Gamble Co. sued each other related to the use of plastic containers for the coffee brands Maxwell House and Folger's.(YOU SHOULD KNOW ...)(Brief article)
Nov 05, 2007 ... .... KRAFT FOODS INC. and The PROCTER & GAMBLE CO. sued each other related to the use of plastic containers for the coffee brands Maxwell House and Folger's. Kraft Foods suit alleges that a plastic container ...
Produce.(MARKETS)(Statistical data)
Nov 05, 2007; ... SWEET POTATOES--Eastern North Carolina movement is expected to remain about the same. Uncured (green) 40 pound cartons U.S. No. 1 medium are $15.00-$16.00, No Grade Marks jumbo $6.00-$7.00. Cured 40 pound cartons U.S No. 1 medium $15.00-$17.00, U.S No. 2 $7.00-$7.50, No Grade Marks jumbo ...
Canned vegetables.(MARKETS)(Statistical data)
Nov 05, 2007; ... CARROTS--Retail prices of 24/300 canned carrots are between $8.75-$9.25, f.o.b. Midwest. PUMPKIN--Private label 24/300 cases of canned pumpkin are between $12.75-$13.00. Foodservice 6/10 cases are between $24.60-$24.80, both prices are f.o.b. Midwest. ...
Tomato products.(MARKETS)(Brief article)
Nov 05, 2007; ... Despite a large processed tomato harvest this season in California, wholesale prices for tomato products have seen very little change compared to last year at this time. Prices on some items are slightly higher than last year because demand is said to have improved, world stocks are low, ...
Frozen vegetables.(MARKETS)(Statistical table)
Nov 05, 2007; ... POTATOES--Fancy French fries are trading for 50 to 75 cents per pound, f.o.b. Washington. Canadian frozen French fry production in the current year is estimated to increase to approximately 1,410,000 metric tons (MT), up 3% from 1,370,000 MT produced during 2006/07. On a value ...
Canned fruits.(MARKETS)(Statistical data)
Nov 05, 2007; ... PEARS--Foodservice pricing for 6/10 canned Bartlett pears is $20.25-$20.50, 24/300 is $15.25, and 12/2.5 is $12.00, all prices are f.o.b. CA. PEACHES--Foodservice pricing for 6/10 canned peaches is $20.50, 24/300 is $15.25 and 12/2.5 is $11.75, all prices are f.o.b. CA. ...
Processed fish.(MARKETS)(Statistical data)
Nov 05, 2007; ... SCALLOPS--NMFS proposed implementing Framework Adjustment 20 to the Atlantic Sea Scallop Fishery Management Plan, which was developed by the New England Fishery Management Council. Framework 20 would maintain the interim measures that were enacted by NMFS on June 21, 2007, to reduce the ...
NMFS amended regulations governing salmon by-catch in the Bering Sea and Aleutian Islands management area.(IN THE NEWS ...)(Brief article)
Nov 05, 2007 ... NMFS amended regulations governing salmon by-catch in the Bering Sea and Aleutian Islands management area. The action is necessary to enhance the effectiveness of salmon by-catch measures by exempting pollock vessels from Chinook and Chum Salmon Savings Area closures if they participate in ...
Dried vegetables.(MARKETS)(Statistical table)
Nov 05, 2007; ... DRIED BEANS--Dry edible bean trading continues to be very slow, as the lack of grower support has allowed for a very thin test on all varieties. Demand is moderate to good with the best demand being for specialty classes. PEAS & LENTILS--Trading activity remains slow to very ...
Dried fruits & nuts.(MARKETS)(Statistical data)
Nov 05, 2007; ... APPLES--U.S. dried apple rings are trading around $3.25 per pound for a 25-lb. Pack size. Dried Chinese apple rings are around $1.59 per pound, for a 20-kg. pack size, ex-warehouse New Jersey. APRICOTS--Turkish whole apricots #7 are trading around $1.59 per pound, ex-warehouse ...
Frozen fruits.(MARKETS)(Statistical data)
Nov 05, 2007; ... STRAWBERRIES--For the week through Oct. 31, 253,000 pounds of freezer berries from California were delivered to processors, brining the year-to-date total to 436.6 million pounds, up from 382.5 million pounds from the same week in 2006, according to the Processing Strawberry Advisory Board ...
Juices & concentrates.(MARKETS)(Brief article)(Statistical data)
Nov 05, 2007; ... ORANGE--Canned orange juice (12/46 oz.) is priced around $16.50-$16.70, f.o.b. Florida. Meanwhile, International Trade Commission determined that the request to institute an investigation concerning the Commission's affirmative determination in investigating certain orange juice ...
Meat, dairy & eggs.(MARKETS)(Statistical data)
Nov 05, 2007; ... DAIRY--A higher number of milk cows and slightly higher output per cow will translate into higher milk production for both 2007 and 2008. Production is projected to total 185.4 billion pounds this year and rise to 190.2 billion in 2008. The higher milk production reported in the October ...
Butter.(MARKETS)
Nov 05, 2007 ... <Pre> BUTTER MARKET, NOVEMBER 2 (Source: USDA) Cents Per Pound: 11/2/2007 ...
Cheese.(MARKETS)
Nov 05, 2007 ... <Pre> CHEDDAR CHEESE MARKET NOVEMBER 2 Cents Per Pound: 11/2/07 Chge. Fr. Last Wk ....
Eggs.(MARKETS)(Statistical table)(Brief article)
Nov 05, 2007 ... <Pre> EGG PRICES TO RETAILERS NOVEMBER 2 (Source: USDA) Wk. Ending Wk. Ending Cents per dozen: 2-Nov26-Oct Chge. Extra Large-NY 126-130 112-116 14 Large-NY124-128 110-114 14 Medium-NY 113-117 ...