| Industry
News Free Standing Insert
coupon activity increased 10.1% based on coupons used
during the first six months of 2010 versus the same time period a year ago, according
to Kantar Media's Marx. This increase is the greatest observed during the first
six months of a calendar year, surpassing 2004's 8% gain. Retailer promotion activity
also continued to grow with a 56.2% increase to 6.7 billion pages in the first
half of 2010, led by Target based on pages circulated. Full
Story CVS is doubling the amount of nonperishable
food it sells in 11 Chicago stores and plans to expand its food offerings
in "several more" Chicago stores by year's end. Meanwhile, Walgreens is introducing
fresh fruits, vegetables and new meal ingredients to 10 of its Chicago stores.
Walgreens will also continue adding 750 new fresh food options to four more of
its Chicago stores in the next few weeks, and to another four stores by the end
of August, reported Chicago Sun-Times. Full
Story (Free Registration Required) Cub
Foods was the No. 1 grocery chain in the Twin Cities region in 2009, followed
by SuperTarget with a 13.9% share and Rainbow Foods with a 12.9% share, according
to data from IRI InfoScan published by Trade Dimensions, a service of the Nielsen
Co. Wal-Mart Stores posted a 9.5% share through its Supercenters, according to
IRI data. Target plans on having 29 of its PFresh stores open by the end of the
year, reported The Minneapolis Star Tribune. Full
Story (Free Registration Required) Americans
consumed 422 million servings of smoothies between April 2009 and March 2010,
according to The NPD Group,
reported TwinCities.com. Full
Story (Free Registration Required) Red Lobster
began testing a menu that lists major allergens such as dairy products, wheat,
peanuts, eggs and different types of seafood in its dishes, reported Orlando
Sentinel. Full
Story (Free Registration Required) In response
to a recent Daily Brief survey, "What company's new store prototype will be
most successful," 2% voted TCBY, 45% voted Starbucks, 10% voted Quiznos and
44% voted Tim Hortons.
International
News Burger
King Corp. and Seattle's Best Coffee signed an agreement
to begin offering Seattle's Best Coffee in Burger King restaurants across Canada
this fall. Full
Story
Chinese authorities found dairy products
tainted with melamine in at least three provinces, according to state media,
reported The Associated Press. Full
Story Health News Approximately
63% of consumers are unable to accurately estimate the number of calories they
should consume in a day to maintain their current weight, claims a study from
the International Food Information Council Foundation, reported USA Today.
Full
Story Washington
News A
report outlining voluntary standards for marketing foods and beverages to children
was delayed, and people familiar with the work claim
it is not clear when it will be completed. The report, produced by a working group
made up of officials from several federal agencies including FTC, was originally
due to Congress July 15 and was expected to be made available for public comment,
reported The Wall Street Journal. Full
Story (WSJ Subscription Required)
| A
recording of the Food Institute webinar A Look
at Merger & Acquisition Activity, Past, Present and Future is now available!
The webinar reviewed recent M & A activity and discussed what makes certain
companies appealing to sell or buy. To purchase a recording, click
here. | | The
California State Organic Program proposed rules that would outline specific
procedures for investigating complaints and collecting samples to check for use
of unauthorized pesticides and fertilizers. The rules also would allow the state
to establish a spot inspection program to ensure California-made products carrying
the organic label are authentic, reported The Associated Press. Full
Story Market News U.S.
wheat supplies for 2010/11 are raised this month on
higher area, yields and carryin. Beginning stocks are raised 43 million bushels
based on the June 1 stocks estimate. Beginning stocks for corn are projected 125
million bushels lower reflecting higher use in 2009/10. With forecast harvested
area down, corn production is lowered 125 million bushels, leaving supplies down
250 million bushels and 60 million below the 2009/10 record. Soybean production
is projected at 3.35 billion bushels, up 35 million due to increased harvested
area. WASDE
Report 
FCOJ
yield forecast for the 2009-2010 season is 1.56 gallons per box at 42.0 degrees
Brix, up 1% from the June 1 forecast but down 6% from last season's final
yield. California's all grape production is forecast at 6.50 million tons, down
1% from last season. The final forecast for the 2010 apricot crop is 67,300 tons,
down 2% from last year. USDA
Crop Production Report |