The Food Institute Report back issues from April 2009:
Merger & acquisition activity falls in 2008.
Apr 06, 2009 ... Looking back on 2008, it is difficult to consider the course many mergers and deals took without thinking of the turmoil global markets experienced in the fourth quarter. Still, many deals in place in early parts of the year, and some left over from 2007, were completed without much ...
U.S. Food manufacturing changing.(Brief article)
Apr 06, 2009 ... Between 2002 and 2007, the number of food manufacturing establishments in the U.S. dropped a sharp 21% to 22,055 facilities, according to data released from the BUREAU OF CENSUS. That is a decline of 5,844 establishments in five years. Part of that decline is likely the result of ...
Good housekeeping launching good food line.(Brief article)
Apr 06, 2009 ... Good Housekeeping, a magazine that reaches 24 million readers each month, will soon be reaching consumers in the supermarket aisle as it rolls out its Good Food pantry products through a partnership with HEARST BRAND DEVELOPMENT and TULOCAY & CO. Napa Valley, CA-based Tulocay & Co., ...
Chains implement low-salt pre-emptive measures.
Apr 06, 2009 ... A number of U.S. health organizations, including the NEW YORK CITY DEPARTMENT OF HEALTH AND MENTAL HYGIENE, are increasing pressure on restaurants and foodservice manufacturers to lower food's salt content, and several businesses are taking it upon themselves to change menu items ...
Old Orchard Brands Sparta, MI, entered into a licensing agreement with Chiquita to produce frozen fruit smoothie concentrates.(NEW PRODUCT NEWS)(Brief article)
Apr 06, 2009 ... OLD ORCHARD BRANDS, Sparta, MI, entered into a licensing agreement with CHIQUITA to produce frozen fruit smoothie concentrates. The Chiquita Frozen Fruit Smoothies will be available in recyclable 12-oz. plastic cans, which provide three, 8-oz. servings when ...
Sunny Delight Beverages Co.(NEW PRODUCT NEWS)(Brief article)
Apr 06, 2009 ... SUNNY DELIGHT BEVERAGES CO.Cincinnati, is rolling out SunnyD Smoothies in two flavors: Orange Whirl and Strawberry Swirl ....
Simply Asia.(NEW PRODUCT NEWS)(Brief article)
Apr 06, 2009 ... SIMPLY ASIA, Berkeley, CA, launched four new Stir-Fry Sauces in single-use pouches: Ginger ...
Unilever.(NEW PRODUCT NEWS)(Brief article)
Apr 06, 2009 ... UNILEVER, Englewood Cliffs, NJ, unveiled I Can't Believe It's Not Butter Cooking & Baking sticks. The novel ...
B&G Foods Inc.(NEW PRODUCT NEWS)(Brief article)
Apr 06, 2009 ... B&G FOODS, INC., Parsippany, NJ, introduced Cream of Wheat Healthy Grain Instant Hot Cereal, which is available in Original and Maple Brown Sugar varieties. The new Healthy Grain products, ...
Peter Rabbit Organics LTD.(NEW PRODUCT NEWS)(Brief article)
Apr 06, 2009 ... PETER RABBIT ORGANICS LTD, London, is bringing Peter Rabbit Organics fruit pouches to the U.S. this spring. The organic fruit pouches, with no added sugar, salt or artificial ingredients, are designed for babies and young children. No straws or ...
Hilton Soy Foods.(NEW PRODUCT NEWS)(Brief article)
Apr 06, 2009 ... HILTON SOY FOODS, Canada, is launching Soybutter, a peanut-free peanut ...
NBI Juiceworks.(NEW PRODUCT NEWS)(Brief article)
Apr 06, 2009 ... NBI JUICEWORKS introduced Sun Shower organic Super Blend coffee and tea drinks in five flavors: Mocha Cappuccino, Chocolate Raspberry Frappe, Iced Coffee, Green Tea Latte and Chai Tea Latte. Each ...
Just Born Inc.(NEW PRODUCT NEWS)(Brief article)
Apr 06, 2009 ... JUST BORN, INC., Bethlehem, PA, added a chocolate mousse flavored bunny to its PEEPS brand ...
McNeil Nutritionals LLC.(NEW PRODUCT NEWS)(Brief article)
Apr 06, 2009 ... MCNEIL NUTRITIONALS, LLC, Fort Washington, PA, introduced Sun ...
Starbucks Coffee Company and Unilever launched a new super-premium ice cream line.(NEW PRODUCT NEWS)(Brief article)
Apr 06, 2009 ... STARBUCKS COFFEE COMPANY and UNILEVER launched a new super-premium ice cream line, featuring ...
Haagen-Dazs.(NEW PRODUCT NEWS)(Brief article)
Apr 06, 2009 ... HAAGEN-DAZS introduced the Haagen-Dazs Five Series, ice creams that are made with five ingredients that have one-third the ...
Conagra Foods Inc.(NEW PRODUCT NEWS)(Brief article)
Apr 06, 2009 ... CONAGRA FOODS, INC., Omaha, NE, is rolling out Marie Callender's Pasta Al Dente and Alexia Natural ...
Rudolph Foods Inc.(NEW PRODUCT NEWS)(Brief article)
Apr 06, 2009 ... RUDOLPH FOODS, INC., Lima, OH, teamed up with The Original ...
Nestle.(NEW PRODUCT NEWS)(Brief article)
Apr 06, 2009 ... NESTLE's Lean Cuisine brand is out with two new Cafe Classics--Beef Chow Fun and Sun-Dried ...
Pepperidge Farm, Inc., the Norwalk, CT-based subsidiary of The Campbell Soup Company, extended its Goldfish line with Goldfish Grahams in three flavors.(NEW PRODUCT NEWS)(Brief article)
Apr 06, 2009 ... PEPPERIDGE FARM, INC., the Norwalk, CT-based subsidiary of THE CAMPBELL SOUP COMPANY, ...
Land O'frost.(NEW PRODUCT NEWS)(Brief article)
Apr 06, 2009 ... LAND O'FROST introduced a Sub Sandwich Kit featuring ...
Jack Link.(NEW PRODUCT NEWS)(Brief article)
Apr 06, 2009 ... JACK LINK'S, Minong, WI, is out with a meat ...
Loblaw reinvents no name, president's choice brands.
Apr 06, 2009 ... Nine years ago, Loblaw successfully launched its private label President's Choice rising crust pizza, only to be overtaken when MCCAIN's released its own version of the product. In an effort to gain market share with its private label products, Loblaw switched the rising crust pizza to its ...
Successful new products reflect innovation, consumer trends.(Brief article)
Apr 06, 2009 ... Only approximately 25% of products introduced earn more than $7.5 million in the first year of production, which qualifies them to be on INFORMATION RESOURCES INC.'s (IRI) 2008 New Product Pacesetters report. These successful products reflect the trend that even in a recession, consumers ...
Today in food's most read stories, Mar. 23 to Mar. 27.
Apr 06, 2009 ... 1) The introduction of high quality, store-brand organic products changed consumer perceptions of private label grocery brands, according to the J.D. POWER AND ASSOCIATES' Private Label Industry Report. Rather than being considered lowquality with bland packaging, private label brands are ...
Wal-Mart.(NEWS IN A MINUTE)(Brief article)
Apr 06, 2009 ... Groceries accounted for 49% of WAL-MART's U.S. sales for the fiscal year that ended Jan. 31, up from 47% a year before, according to chief operating ...
National Association for the Specialty Food Trade, Mintel International and Spins.(NEW PRODUCT NEWS)(Brief article)
Apr 06, 2009 ... Specialty food generated $48 billion in retail sales last year, an 8.4% increase over 2007, according to the annual State of the Specialty Food Industry report by the NATIONAL ASSOCIATION FOR THE SPECIALTY FOOD TRADE, MINTEL INTERNATIONAL and SPINS. Specialty baby food experienced the ...
The NPD Group.(NEW PRODUCT NEWS)(Survey)(Brief article)
Apr 06, 2009 ... The percentage of Americans who feel that foods in supermarkets are safe decreased over the last five years, according to THE NPD GROUP, with 63% agreeing with the statement that foods sold in supermarkets are safe in 2007-08 while 68% agreed in 2004. The figures are related less to food ...
Chipotle Mexican Grill, Inc.(NEW PRODUCT NEWS)(Brief article)
Apr 06, 2009 ... CHIPOTLE MEXICAN GRILL, INC. began a test of a new menu at its Denver-area ...
U.S. carbonated soft drink volume fell to about 9.6 billion cases in 2008, the lowest level since 1997, according to Beverage Digest.(NEWS IN A MINUTE)(Brief article)
Apr 06, 2009 ... U.S. carbonated soft drink volume fell to about 9.6 billion cases in 2008, the lowest level since 1997, according to Beverage Digest. Last year's decline follows a 2.3% decrease in 2007. Volume fell 3.1% at COCA-COLA, 4% at PEPSICO and 1.3% ...
Mintel.(NEWS IN A MINUTE)(Brief article)
Apr 06, 2009 ... Meanwhile, some 68% of Americans drank regular soda in 2008, down from 76% in 2003, according to MINTEL. During the same period, the number of diet soda drinkers rose with 7.8 million more ...
Bashas' Supermarket.(NEWS IN A MINUTE)(Brief article)
Apr 06, 2009 ... BASHAS' SUPERMARKETS will be reducing prices on more than 10,000 products in ...
My Organic Market changed its name.(NEWS IN A MINUTE)(to MOM'S ORGANIC MARKET)(Brief article)
Apr 06, 2009 ... MY ORGANIC MARKET changed its ...
The Beverages Information Group.(NEWS IN A MINUTE)(Brief article)
Apr 06, 2009 ... Overall consumption of distilled spirits, wine and beer rose in 2008, however, the rate of growth in each category was less than recent years, according to data published by THE BEVERAGE INFORMATION GROUP. The growth spots in ...
Coco-Cola. Starbucks, McDonald's and Dunkin' Donuts were among the companies named to the BusinessWeek 50.(NEWS IN A MINUTE)(Brief article)(Company rankings)
Apr 06, 2009 ... COCA-COLA, STARBUCKS, MCDONALD'S and DUNKIN' DONUTS were among the companies named to the BusinessWeek 50, the magazine's ...
Latest financial reports (000 omitted).(Brief article)(Statistical data)
Apr 06, 2009 ... <Pre> LATEST FINANCIAL REPORTS (000 OMITTED) Current %Change Year Year Ago CAL-MAINE FOODS, INC. (JACKSON, MS) 13 Wks. To Feb. 28: Sales $270,009-2.80% Net Income $30,843 ...
C-Stores in Japan gain market share.
Apr 06, 2009 ... Japan's convenience store sales in February rose 2% from a year earlier to [yen]536.25 billion on a same-store basis, up for the 10th consecutive month, according to the JAPAN FRANCHISE ASSOCIATION, reported The Japan Times (Mar. 24). Taking a look at Japan's convenience store market is ...
American Blue Ribbon Holdings, LLC, a new entity formed by Fidelity National Financial, Inc. and Newport Global Advisors, purchased Vicorp Restaurants, Inc. and Newport Global Advisors, purchased Vicorp RESTAURANTS, INC., Denver, CO. As a result of the sale, American Blue Ribbon Holdings will own and operate the Village Inn and Bakers Square restaurants brands as well as the Vicom pie operation.(MERGERS & ACQUISITIONS)(Brief article)
Apr 06, 2009 ... AMERICAN BLUE RIBBON HOLDINGS, LLC, a new entity formed by FIDELITY NATIONAL FINANCIAL, INC. and NEWPORT GLOBAL ADVISORS, purchased VICORP RESTAURANTS, INC., Denver, CO. As a result of the sale, American Blue Ribbon Holdings will ...
Cirelli Foods Inc, a Middleborough, MAbased broad line foodservice distributor, acquired Savage & Company, a purveyor of baking ingredients in Framingham, MA.(MERGERS & ACQUISITIONS)(Brief article)
Apr 06, 2009 ... CIRELLI FOODS, INC., a Middleborough, MAbased broad line foodservice distributor, acquired SAVAGE & COMPANY, a purveyor of baking ingredients in Framingham, MA. Cirelli Foods says it will offer a complete ...
Diedrich Coffee Inc., Irvine, CA, signed a definitive agreement with PRAISE International North America, Inc., an affiliate of Gloria Jean's Coffees International, for the sale of its Gloria Jean's Coffees domestic franchise operations.(MERGERS & ACQUISITIONS)(Brief article)
Apr 06, 2009 ... DIEDRICH COFFEE, INC., Irvine, CA, signed a definitive agreement with PRAISE INTERNATIONAL NORTH AMERICA, INC., an affiliate of GLORIA JEAN'S COFFEES INTERNATIONAL, for the sale of its Gloria Jean's Coffees domestic franchise operations. The sale, for approximately $3.1 million, ...
Green Mountain Coffee Roasters, Inc. (GMCR) completed the acquisition of the Tully's Coffee brand and wholesale coffee business from Tully's Coffee Corp. for the purchase price of $40.3 million.(MERGERS & ACQUISITIONS)(Brief article)
Apr 06, 2009 ... GREEN MOUNTAIN COFFEE ROASTERS, INC. (GMCR) completed the acquisition of the TULLY'S COFFEE brand and wholesale coffee business from Tully's Coffee Corp. for the purchase price of $40.3 million. Tully's retail locations will continue to operate under license and supply ...
Houchens Industries, Inc., Bowling Green, KY, acquired Sheldon's Express Pharmacies, a two-store drug retailer based in Bowling Green.(MERGERS & ACQUISITIONS)(Brief article)
Apr 06, 2009 ... HOUCHENS INDUSTRIES, INC., Bowling Green, KY, acquired SHELDON'S EXPRESS PHARMACIES, a two-store drug retailer based in Bowling Green. Sheldon's Express Pharmacy will retain its name, employees ...
The Pepsi Bottling Group, Inc., Somers, NY, signed a Letter of Intent to acquire Hallettsville, TX-based Better Beverages, Ltd., a Pepsi-Cola and Dr Pepper franchised bottler.(MERGERS & ACQUISITIONS)(Brief article)
Apr 06, 2009 ... THE PEPSI BOTTLING GROUP, INC., Somers, NY, signed a Letter of Intent to acquire Hallettsville, TX-based BETTER BEVERAGES, LTD., a Pepsi-Cola and Dr Pepper franchised bottler. Better Beverages does business in 20 counties across Texas and operates a production facility in Hallettsville, as ...
Associated British Foods received permission from EU regulators to purchase the Spanish sugar division of foods group Ebro Puleva in a deal worth $510 million.(MERGER RELATED NEWS)(Brief article)
Apr 06, 2009 ... ASSOCIATED BRITISH FOODS received permission from EU regulators to purchase the Spanish sugar division of foods group EBRO PULEVA in a ...
Dairy Crest Group PLC sold its 49% stake in Yoplait Dairy Crestr Limited for $92.66 million to Yoplait S.A.S., its French joint venture partner.(MERGER RELATED NEWS)(Brief article)
Apr 06, 2009 ... DAIRY CREST GROUP PLC sold its 49% stake in YOPLAIT DAIRY CREST LIMITED for $92.66 million to YOPLAIT S.A.S., its French joint venture ...
Delhaize and investment group CVC Capital Partners are competing to acquire some Carrefour stores in Belgium.(MERGER RELATED NEWS)(Brief article)
Apr 06, 2009 ... DELHAIZE and investment group CVC CAPITAL PARTNERS are competing to acquire some CARREFOUR stores in Belgium ....
Dutch flavor firm Exter acquired the aroma and hydrolysed vegetable protein business of H.J. Heinz B.V.(MERGER RELATED NEWS)(Brief article)
Apr 06, 2009 ... Dutch flavor firm EXTER acquired the aroma and hydrolysed ...
Maple Leaf Foods Inc.(MERGER RELATED NEWS)(Brief article)
Apr 06, 2009 ... MAPLE LEAF FOODS, INC., Toronto, does not plan to continue a formal sale process of its Burlington, ...
Rohm and Haas, a wholly owned subsidiary of THE Dow Chemical Company, entered into a definitive agreement to sell the stock of Morton International, Inc. to K+S Aktiengesellschaft.(MERGER RELATED NEWS)(Rohm and Haas Co.)(K+S Aktiengesellschaft)(Morton International Inc.)(Brief article)
Apr 06, 2009 ... ROHM AND HAAS, a wholly owned subsidiary of THE DOW CHEMICAL COMPANY, entered into a definitive agreement to sell the ...
Sabmiller PLC completed the sale of Bebidas y Aguas Gaseosa Occidente SRL.(MERGER RELATED NEWS)(Brief article)
Apr 06, 2009 ... SABMILLER PLC completed the sale of BEBIDAS Y AGUAS GASEOSA OCCIDENTE SRL, its Pepsi bottling operations ...
Sysco Corporation, Houston, TX, acquired Ireland-based foodservice distributor Pallas Foods Limited, which serves 6,000 customers from a portfolio of 7,000 products.(MERGER RELATED NEWS)(Brief article)
Apr 06, 2009 ... SYSCO CORPORATION, Houston, TX, acquired Ireland-based foodservice distributor PALLAS FOODS LIMITED, which serves 6,000 customers from a portfolio of 7,000 products. Newcastle ...
House subcommmitte holds overview hearing with Sec. Visack.(WASHINGTON)(Report)
Apr 06, 2009 ... The HOUSE APPROPRIATIONS SUBCOMMITTEE ON AGRICULTURE, RURAL DEVELOPMENT, FDA AND RELATED AGENCIES held an overview hearing on Mar. 31 with Secretary of Agriculture Tom Vilsack and Scott Steele, USDA's Budget Officer. Chairwoman Rosa DeLauro (D-CT) and Ranking Member Jack Kingston (R-GA) ...
Proposed food safety legislation: a Webinar.(WASHINGTON)(Conference news)
Apr 06, 2009 ... THE FOOD INSTITUTE is partnering with OLSSON FRANK WEEDA TERMAN BODE MATZ PC to conduct a webinar at 12:00 PM EST on Apr. 21, 2009 to review the significant aspects of food safety legislation currently being proposed by both the House and the Senate. The two bills getting the most ...
Safie Specialty Foods Co Inc.(FDA ISSUES WARNING LETTERS)(Brief article)
Apr 06, 2009 ... Chesterfield, MI-based SAFIE SPECIALTY FOODS, CO. INC. was issued a warning letter on Mar. 20 by FDA after an investigation of the company's acidified food manufacturing facility on Nov. 20-26. The investigation found that the company failed to fulfill the requirements needed to process ...
Atlantic Coast Seafood Inc.(FDA ISSUES WARNING LETTERS)(Brief article)
Apr 06, 2009 ... Boston, MA-based ATLANTIC COAST SEAFOOD INC. was issued a warning letter on Feb. 18 after an investigation of the company's seafood processing facility. The investigation found serious violations of the seafood Hazard Analysis and Critical Control ...
Ramona Farms.(FDA ISSUES WARNING LETTERS)(Brief article)
Apr 06, 2009 ... San Jacinto, CA-based RAMONA FARMS was issued a warning letter on Feb. 9 by FDA after an investigation of the company's dairy operation Evergreen Farms on Nov. 4, 5 and 7. The investigation confirmed that the company offered for sale a dairy cow for slaughter as food that was adulterated ...
Square One Foods.(FDA ISSUES WARNING LETTERS)(Brief article)
Apr 06, 2009 ... Siren, WI-based SQUARE ONE FOODS was issued a warning letter on Mar. 20 after an investigation of the company's facil ity. The investigation found that several of the company's products are in violation of the Federal Food, Drug, and Cosmetic Act in that several products are ...
Interior Alaska.(FDA ISSUES WARNING LETTERS)(Brief article)
Apr 06, 2009 ... Fairbanks, AK-based INTERIOR ALASKA was issued a warning letter on Feb. 18 after an investigation of the company's seafood processing facility. The investigation found serious violations of the seafood Hazard Analysis and Critical Control Point the Current ...
Food products recalls reported.(Peanut Corporation of America)(Setton Pistachio of Terra Bella Inc.)(Kraft Foods Inc.)(Report)
Apr 06, 2009 ... FDA is expanding its report on manufacturers who are voluntarily recalling peanut butter items in association with Peanut Corporation of mericas's Salmonella outbreak. For more information, see FDA's recall alerts at http://www.fda.gov/opacom/7alerts.html FDA is expanding its ...
Produced.(MARKETS)(sweet potato planting)(Statistical table)
Apr 06, 2009 ... SWEET POTATOES--Planted area of sweet potatoes is expected to total 101,900 acres for the 2009 season, down 1% from last year but 1% above 2007. The planted acreage decrease is due to fewer acres expected in North Carolina and the removal of South Carolina and Virginia from the estimation ...
Canned vegetables.(MARKETS)(Statistical data)
Apr 06, 2009 ... ASPARAGUS--Foodservice prices of 6/10 canned asparagus are between $39.70-$39.90. Private label prices of 24/300 cases are between $21.40$21.60. BEETS--Foodservice 6/10 cases are between $17.00-$17.35. Prices of beets in 24/300 cases, sliced and whole, are between $11.55-$11.70 ....
Tomato products.(MARKETS)(Statistical data)
Apr 06, 2009 ... SAUCE--Foodservice 6/10 canned tomato sauce is selling between $15.00-$15.30, while retail 24/300 size is selling between $9.70-$9.85, both f.o.b. Mid-Atlantic. CANNED TOMATOES--Foodservice 6/10 canned tomatoes choice whole peeled are selling between $14.25-$14.75 and standard ...
Frozen vegetables.(MARKETS)(Statistical data)
Apr 06, 2009 ... <Pre> SELECTED FROZEN VEGETABLE IMPORTS JAN. 1--JAN. 31, 2009 (Source: Bureau of Census) Pounds % Chg.Dollars % Chg. Item(1,000) Last Yr. ($1,000) Last Yr. Peas 4,013 -27.4% $2,548 -12.6% ...
Canned fruits.(MARKETS)(Statistical table)
Apr 06, 2009 ... PEACHES--The PEACH ASSOCIATION joined with a national coalition of agricultural groups to strongly oppose the proposed federal card check legislation (the Employee Free Choice Act). The bill would deny workers the right to cast secret ballots when choosing whether or not they want union ...
Processed fish.(MARKETS)(Statistical data)
Apr 06, 2009 ... SALMON--Prices for private label canned salmon are between $40.00--$41.00 for Red, 24/Halves (7.5-oz.), $65.00--$70.00 for Red, 24/Talls (14.75-oz.), $16.00--$18.00 for Pink, 24/Halves (7.5-oz.) and $32.00--$34.00 for Pink, 24/Talls (14.75-oz.), f.o.b. Seattle, Washington. ...