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Industry News
Some 51% of consumers
claim price is "very important" in selecting
where they spend the most money on food,
10 percentage points more than in 2003, according to
the National Grocers Association's 2010 Consumer
Survey Report. About 45% regard price as "somewhat
important." Meanwhile, nutrition information was
found to be very important to nearly four out of 10
consumers, six percentage points more than the prior
year. Full
Report
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Now
Available! This week's The
Lempert Report, featuring Food Institute data, focuses
on 2009 grocery store profitability. New videos
are posted weekly. Click
here to view.
The vast majority of Americans (69%)
still like trying new products, according to BrandSpark's
2010 Best New Products Awards American Grocery Shopper
Study. People have made a big shift to eat at home
more and as a result are spending more time and money
in the grocery store. Finding new products that really
deliver is more important than ever, especially with
shoppers demanding greater value for money, according
to Robert Levy, president and CEO of BrandSpark International
and founder of the BNPA. "Understandably Americans
want more value for their dollar," stated Mr. Levy,
"and many are turning to private label or in-store
brands to deliver. "Although consumer perception
of private label quality has decreased slightly, more
Americans are still buying private label brands versus
premium brands as they perceive they offer extremely
good value for money." Full
Story
Some
62% of adults aged 25 to 34 and 55% of 18 to 24-year-olds
rank a restaurant's proximity to their workplace
as very important/important when selecting where to
dine, versus 41% of all respondents, according to Mintel.
The ability to order online ahead of time is also essential
to young consumers (31% of those aged 25 to 34 and 24%
of those aged 18 to 24, versus 19% overall) while  the
younger demographics also rank extended hours and speed
of service highly in their restaurant selection processes.
Full
Story
Fresh
& Easy Neighborhood Market is expanding its range of
gluten-free products over the next few months by
introducing brand items, such as Soafella baking mixes
and Glutino snacks. Fresh & Easy will also add new shelf
labels to call out notable gluten-free items and is
making a list readily available of all products in the
store that are made without gluten ingredients. Full
Story
International News
 F&N
Coca-Cola (Singapore) Pte Ltd was renamed Coca-Cola
Singapore Beverages Pte Ltd,
reported Business Times. Full
Story
China
Nutrifruit Group Limited will construct a fruit and
vegetable powder manufacturing facility in Daqing,
Heilongjiang Province. The facility will have an annual
production capacity of 10,000 tons and is expected to
begin production in 2010. Full
Story
Health News
Green
tea extract shows promise as a treatment for uterine
fibroids, according to U.S.
research published in American Journal of Obstetrics
& Gynecology, reported HealthDay. Full
Story
Washington News
Following a listeria recall, Parkers
Farm was declared safe by state health inspectors
and resumed operations, reported The Minneapolis
Star-Tribune. Full
Story (Free Registration Required)
Excentus
Corporation and Safeway Inc. entered into a settlement
and licensing agreement settling all outstanding
litigation between them. Full
Story
Market News
Fresh market vegetable and melon
production for the 24 selected crops estimated in 2009
totaled 443 million hundredweight,
down 1% from 2008. Harvested area covered 1.71 million
acres, down slightly from 2008. Value of the 2009 crop
is estimated at 10.4 billion dollars, up slightly from
2008. The three largest crops in terms of production
are onions, head lettuce and watermelons, which combined
account for 38% of total production. Tomatoes, head
lettuce and onions claim the highest values, accounting
for 32% of the total value. Vegetables
Annual Summary Report
Sugar
futures may jump 41% by August due to shortages
and rising demand, according to Commerzbank AG, reported
Bloomberg.com. Full
Story
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