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Industry News
Some 81% of consumers are spending
more or about the same on groceries
as they did two years ago, according to research commissioned
by Bumble Bee Foods. However, 81% are also actively
looking for ways to save on their grocery bills, including
shopping for the best prices at a variety of stores
and using coupons. About 25% noted that they throw away
10% or more of their grocery purchases as a result of
items spoiling. Full
Story
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Eye-Opening Report: 5 Mobile
Security Vulnerabilities
Direct store delivery businesses rely on mobile
devices every day. But there are many risks to
consider. In this report, you'll discover how
to protect your valuable corporate and customer
information from getting into the wrong hands.
Download
your complimentary copy now.
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Spartan Stores, Inc. plans to operate
all supply chain activities from its Grand Rapids, MI
distribution center. Part of the optimization strategy
includes the potential closure of the company's 415,000-
sq. ft. Plymouth, MI dry grocery warehouse by the end
of its fiscal 2010 fourth quarter. Full
Story
Pizza,
frozen or ordered out, is the seventh most popular item
eaten at dinner in the U.S., stated Harry Balzer,
a food analyst at NPD Group, reported The Minneapolis
Star-Tribune. Full
Story (Free Registration Required)
Many
fast-food chains are touting their diet and low-calorie
offerings to appeal to New Year's dieters. Starbucks,
for instance, is rolling out four hot panini sandwiches
on Jan.  12
that have under 400 calories, reported USA Today.
Full
Story
Restaurant
Roundup: Dunkin'
Donuts introduced a Low Fat Cranberry Orange Muffin.
Full
Story
... Corner Bakery Cafe is introducing the "100
Under 600" program with over 100 different soup,
salad and sandwich combinations under 600 calories.
Full
Story ... Seattle's Best Coffee launched
the Vanilla Cinnamon Red Tea Latte and the OvenSong
Vanilla Bean Scone. Full
Story ... Samurai Sam's Teriyaki Grill
is offering five dishes for $5 through Feb. 28. Full
Story
International News
 China
Marine Food Group Ltd. closed its acquisition of
Shishi Xianghe Food Science and Technology Co., Ltd.
Full
Story
San Miguel Corporation
approved an investment in Top Frontier Holdings, Inc.,
an investment holding company, through the acquisition
of a 49% stake. Full
Story
Health News
Pomegranates
contain chemicals that reduce the risk that
women will develop hormone-dependent breast cancers,
according to a study published in Cancer Prevention
Research, reported HealthDay. Full
Story
Washington News
Kellogg reached a settlement with
the Oregon Department of Justice over immunity claims
for its Rice Krispies cereal.
The settlement requires Kellogg to stop shipping cereal
boxes with the immunity language by Jan. 15, destroy
more than two million units of packaging with the immunity
claim and cease making such health claim unless it provides
the Oregon Department of Justice with advance notice
and competent reliable scientific evidence. Full
Story
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FI
Webinar Explores How To Successfully Advertise
to Children
Purchase
the recording today!
The Food Institute's
Advertising to Children: Successfully
Meeting the Challenges webinar is now
available for purchase. Marketing
and advertising food products to children
is an area of increasing interest and is
of major interest to the Federal Trade Commission
(FTC). This webinar, moderated by Dr. James
Tillotson of Tufts University, provided
guidelines to companies on how to create
truthful, accurate and acceptable advertising
directed to children. To purchase the recording,
click
here or contact Sue
Antista at 201-791-5570, ext. 212 or santista@foodinstitute.com.
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The Penn Traffic Company entered
into a stalking horse agreement with a joint venture
comprised of Hilco Merchant Resources, LLC and Hilco
Real Estate Holdings, LLC to serve as the exclusive
agent in the disposition of, among other assets, real
estate holdings. Full
Story
Market News
Central Florida's winter strawberry
shipments have come to a near halt as
growers deal with a week of unusual overnight freezing
temperatures. Prices increased as the weather created
a demand exceeding supply, according to USDA. Forecasters
predict more nights of freezing temperatures, reported
The Packer Online. Full
Story (Subscription Required)
Orange-juice futures increased
7.5% on concern that weather-related losses would
reduce the crop in Florida, reported Bloomberg.com.
In
addition, wheat crops in the U.S. central Plains states
may suffer due to a combination of low snow cover, which
normally insulates the plant sprouts, and "very
cold air," according to Bob Tarr, a meteorologist
at Accuweather.
Full
Story
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