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July 09, 2009
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Food Product Development & Manufacturing

Food Retailing

Specialty Food

Packaging

 

Industry News

Wal-Mart's Supermercado test is a smart business move, according to Willard Bishop chairman Bill Bishop. "When you take a look at the growth in the grocery business today in the U.S., it tilts very heavily in terms of minority and even more so in terms of Hispanic," stated Mr. Bishop. "It's where the growth is, even though it's niche." Wal-Mart has the potential to open hundreds of these Hispanic grocery stores if it perfects the model, noted Mr. Bishop, reported Reuters. Full Story

Target is struggling to motivate shoppers to make SuperTarget their primary grocer, according to a Retail Forward ShopperScape research report, Target Outlook: Preparing for a New Decade. "Target faces significant challenges when it comes to doing food right," stated report author and senior consultant Jennifer Halterman. Some three out of 10 shoppers shopped for food/beverages during their last trip to Target, versus four out of 10 shoppers at Wal-Mart. Full Story

Mexican food company ESBAMF Distributors, which was founded in 2005, plans on earning $2 million in revenue this year, reported AZCentral.com. Workers produce an average of 1,100 gallons of salsa a day. Products are sold at Walmarts in Arizona, in all Costcos in New Mexico, Arizona and Las Vegas, and in all Sam's Clubs in Utah, Colorado and Arizona except Yuma. President Ryan Bullock plans on expanding into more states and signing up Bashas', Fry's, Safeway and Albertsons. Mr. Bullock also wants to open another warehouse in Idaho. Full Story (Free Registration Required)

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Sales of premium and fine wines are falling despite increased overall wine consumption by Americans, leading to a 12% sales decline in wines priced $25 and higher. Retailers are heavily discounting expensive wines, restaurants are offering less expensive wines and distributors are cutting the number of wines offered, and there is likely to be "a lot of M&A activity in the short-term," stated Wilson Daniels Ltd. president Mike Jaeger, reported The Wall Street Journal. Full Story (WSJ Subscription Required)

Starbucks, Subway and McDonald's were ranked No. 1, 2 and 3 on Vitrue's Top 25 Most Social Restaurants list for the first half of the year. However, smaller and regional chains are also increasingly utilizing social networking sites, including Krystal, Chick-fil-A, Pinkberry and In-N-Out Burger. Seventeen of the 25 ranked companies, including the top nine brands, are quick-service chains, noted Vitrue chief executive Reggie Bradford, reported Nation's Restaurant News. Full Story (Free Registration Required)

International News

Tetra Pak opened a new $83.3 million converting plant in Hohhot, China, which will mainly manufacture Tetra Brik Aseptic and Tetra Fino Aseptic cartons with a designed capacity of 11 billion packs per year. The Chinese market accounted for nearly 10% of Tetra Pak's global business in terms of revenue in 2008, while the figure was almost 20% by number of packs produced. The company has operations in more than 160 nations and regions, and its market share in China's aseptic carton packaging sector is 75% currently, according to China Daily. Full Story

Perdigao S.A. changed its name to BRF - Brasil Foods S.A. Full Story

Health News

Increased intake of fish may reduce the risk of dementia by about 20%, according to an international study published in the American Journal of Clinical Nutrition, reported Food Navigator USA. Full Story, Study Abstract

Washington News

The Government Accountability Office (GAO) and the Environmental Working Group recommend that bottled water be labeled with the same level of information municipal water providers must disclose in reports released during a House Energy and Commerce subcommittee hearing. The researchers plan to urge Americans to make bottled water "a distant second choice" to filtered tap water, and bottlers must report test results that show a serious health threat as early as September, according to FDA Principal Deputy Commissioner Joshua M. Sharfstein, reported The Associated Press. Full Story, GAO Report

Meanwhile, Energy and Commerce Subcommittee on Oversight and Investigations Chairman Bart Stupak (D-MI), along with Committee Chairman Henry A. Waxman (D-CA), sent letters to 13 bottled water companies requesting documents and information following the hearing related to the Subcommittee's investigation into the regulation of bottled water. Full Story

Market News

For the growing year 2009–2010, United Potato Growers of Idaho (United) projects that statewide potato acreage will be 315,000 acres, an increase of 4.6% over the acres counted by United in 2008–2009. "While acreage went up this year, our data collection confirms that at least 10,000 acres of the increase are contracted acres," stated Jerry Wright, CEO and president of United. Full Story

A possible record Washington cherry crop is leading to promotable supplies of the fruit into early August and beyond, according to grower-shippers, reported The Packer Online. Full Story (Subscription Required)


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