|
Industry News
Panera Bread will post
calorie information on all company-owned Panera
Bread, Saint Louis Bread Co. and Paradise Bakery & Cafe
menu boards by April and franchise-operated locations
by the end of the year. Full
Story
|
WMS Report: Is Your Warehouse
Ready for the Upswing? Three Steps to Take Now
You've been in maintenance mode for what seems
like years - are you sure your warehouse or DC
is ready for the economic recovery? Follow a three-step
action plan to prepare your business.
Download
your FREE copy
|
PepsiCo Inc.'s Tropicana will raise
the price of its gallon-size Pure Premium containers
by 5% to 8% as a result of the Florida orange crop
freeze. The company will also reduce the jug size of
Tropicana Pure Premium orange juice to 59-oz. from 64-oz.
The changes will take place in May, reported The
Associated Press. Full
Story
View
Today! The Mar. 11 edition of
The Lempert Report discusses real
sales. Hosted by Phil Lempert, the weekly
video reports feature Food Institute data. Click
here to view.
Viterra Inc. and Dakota Growers Pasta
Company, Inc. signed a definitive merger agreement
where a subsidiary  of
Viterra will acquire all of the outstanding shares of
Dakota Growers for a total of $240 million. Full
Story
Cafe Valley Bakery plans to build
a $40 million plant in Phoenix that will enable
the business to more than triple its production and
sales, reported The Arizona Republic. Full
Story (Free Registration Required)
A growth boom in the Latino grocery-store
sector could  be
poised for a slowdown in the next decade, according
to industry
experts, due to the fact that U.S.-born Latinos are
more culturally assimilated and less likely than their
immigrant
parents to embrace Latino grocery stores, reported The
Denver Post. Full
Story
Kosher supermarket Seven Mile Market
plans to move and double in size, reportedly making
it the largest operation of its kind in the nation.
Already known for offering a wide variety of meat, fish,
baked goods and other foods, the market will expand
its product offerings as it moves into 55,000-sq. ft.
from its current 28,000-sq. ft., reported Baltimore
Sun. Full
Story
International News
 Kenya-based
Nakumatt bought four stores from Woolmatt Supermarkets
for $5.21 million, reported Reuters. Full
Story
Health News
Individuals
who get enough fiber in their diets, particularly from
whole grains, may have a lower risk of
developing chronic lung disease than those who eat few
high-fiber foods, noted a study published in American
Journal of Epidemiology,
reported HealthDay. Full
Story
Washington News
Another class-action lawsuit was
launched to challenge Coca-Cola's plan to
take over the North American operations of its main
bottler. The lawsuit asserts that Coca-Cola, by virtue
of its stock ownership and business dealings with bottler
Coca-Cola Enterprises (CCE), controls and dominates
the smaller company. "As a controlling shareholder,
Coke owes to CCE's public shareholders a duty of entire
fairness," the lawsuit says, according to an online
summary. "By virtue of the challenged transaction, Coke
has breached this duty. The asset/share exchange is
unfair both as to price and process," reported
The Atlanta Journal-Constitution. Full
Story (Free Registration Required)
The
Justice Department will hold five public meetings billed
as joint "workshops" with USDA on competition issues,
with the first focusing on an ongoing formal antitrust
investigation of Monsanto Co.'s handling of its herbicide-immune
soybean. The Department's antitrust division will invite
competitors, farmers, politicians and activists to submit
complaints against Monsanto and suggest ways to limit
the company's reach, reported The Wall Street Journal.
Full
Story (WSJ Subscription Required)
Market News
Extraordinary cool and wet weather
in Texas continued to slow down all field work and
delay corn planting in most of the state, according
to Dr. Travis Miller, a Texas AgriLife Extension Service
statewide agronomist, reported Southwest Farm Press.
Full
Story
Cooler than normal February and early
March weather in California's desert region could delay
harvesting of some commodities. The early peach
variety ambercrest could be on market shelves by early
April, stated Rick Paul, Sun World International LLC's
category director for table grapes and stone fruit,
reported The Packer Online. Full
Story (Subscription Required)
|
