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Industry News
Corporate Responsibility Magazine
released its 11th annual 100 Best Corporate Citizens
List, placing General
Mills No. 3, Coca-Cola Co. No. 8, Campbell Soup Co.
No. 12 and PepsiCo Inc. No. 13. Wal-Mart Stores, Inc.
was the highest-ranked retailer at No. 21. Full
Story, Full
List
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WMS Report: Is Your Warehouse
Ready for the Upswing? Three Steps to Take Now
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Dunkin' Donuts' coffee market share
is steady and growing despite efforts by McDonald's
Corp. to undercut competitors on price, according to
Mark Nunnelly, managing director at Bain Capital, who
spoke at the Reuters Private Equity and Hedge Funds
Summit. Starbucks Corp. has been impacted the most by
the price war and the weak economy, noted the executive,
reported Reuters. Full
Story

Starkist
Tuna Salad Sandwich-Ready Chunk Light, Snikiddy Baked
Fries Classic Ketchup Flavor and Simply Asia Steamers
Hunan Broccoli are among the products discussed and
ranked in this week's New Products Hits and Misses with
Phil Lempert. To view, click
here.
Pregis
Corp. acquired IntelliPack, Inc. Full
Story
Register
Now!
The Food Institute will host a webinar,
A Look at Merger & Acquisition Activity, Past, Present
and Future, on Thursday, Mar. 11 at 12 p.m.
(EST). Following tepid activity last year due to economic
conditions, many analysts see an increase in activity
this year and beyond. To sign up and learn more, click
here.
TreeHouse Foods, Inc. completed its
acquisition of Sturm Foods, Inc. Full
Story
New Product News: Sargento
Foods Inc. introduced a series of Reduced Sodium
cheeses in six varieties. Full
Story ... Northeast
introduced Single-To-Go
Salads in three varieties. Full
Story ... Olivia's introduced Single-To-Go
Salads in three varieties. Full
Story ... Campbell Soup Company is
packaging V8 V-Fusion 100% juice in six-pack 8-oz. slim
cans for supermarkets and 24-packs of 11.5-oz. cans
for select club stores. Full
Story ... Mars Chocolate North America rolled
out goodnessKnows snacksquares in three flavors in Boulder,
CO. Full
Story
International News
Ecuador
offers significant export opportunities for agricultural
and food products due to a
variety of factors, including increased purchasing power
by the lower and middle classes and a natural desire
for imported products, noted FAS. FAS
Report
Weight Watchers will put their logo
on three McDonald's meals in New Zealand, reported
AFP. Full
Story
Health News
Coffee
drinkers may be less likely to be hospitalized for heart
rhythm disturbances, according
to a study by the Kaiser Permanente Division of Research.
Full
Story
Washington News
Acute
foodborne illnesses cost the U.S. an estimated $152
billion per year in healthcare,
workplace and other economic losses, according to a
report by the Produce Safety Project, an initiative
of The Pew Charitable Trusts at Georgetown University.
More than a quarter of these costs are attributable
to foodborne illnesses associated with fresh, canned
and processed produce,
according to the report, Health-Related Costs from
Foodborne Illness in the U.S.
Full
Story, Full
Report Final
Days to Register! The Food Institute
and Olsson Frank Weeda Terman Bode Matz PC will host
the Implementing An E.coli Control Policy webinar
on Tuesday, Mar. 9 at 12 p.m. (EST). The Food Institute
gathered a panel of experts to discuss how to prevent
and control E. coli outbreaks; how to keep your records
in order to avoid shouldering the blame for mishandling
foodstuff; and how to deal with a positive finding should
it occur. To sign up and learn more, click
here.

More than half of consumers
evaluate a product's label the first time they purchase
it, according to a survey of dietary habits released
by FDA. The majority of consumers are skeptical of industry
claims such as "low fat," "high fiber," or "cholesterol
free" on the front of packages. Full
Story
Market News
The availability of chicken, beef,
pork and turkey in the U.S. appears to be declining
for the second year in a row due to lower overall industry
production levels, decreased imports, increased exports
and lower cold storage inventories, noted Tyson Foods.
Full
Story

Lowering banana prices proved a boon
to sales at some retail chains. "Sales have
never been stronger" since Wegmans lowered prices,
stated Art DiCesare, produce category manager for the
chain, reported The Packer Online. Full
Story (Subscription Required)
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