| Industry
News Some 43% of general market shoppers report
that they "always" rely on a shopping list while in
the store, according to The Checkout, released by The Integer Group and M/A/R/C
Research. However, 81% of those list-makers do not detail specific brands on their
shopping list. Approximately 78% of shoppers were enticed to buy something not
on their list by either a sale or special promotion, and nearly a fourth of people
noted they shop off-list because something on-shelf convinced them. Full
Story 
Joy
Cone Co. will expand its Hermitage, PA-based ice cream cone facility by 190,000-sq.
ft. at a cost of about $21 million. The company produces more than 1.5 billion
cones annually at its facilities in Pennsylvania and Arizona. Full
Story New!
The Food Institute reports on the bumpy road ahead in the Aug. 19
edition of the Lempert Report, hosted by Phil Lempert. Click
here to view. 
Only
48% of supermarkets investigated in New York City complied with the city's
Department of Consumer Affairs, according to a year-long investigation by the
agency. The most common violation was for lack of item pricing, and nearly one
in three scanners inspected for accuracy failed. Full
Story About
half of ConAgra's Banquet's $1 billion in sales come from single-serve frozen
entrees that sell for around $1 in supermarkets and Wal-Mart Stores Inc. U.S.
sales of Banquet's frozen entrees increased 5.7% to $278 million in the year through
July 11 while Stouffer's sales declined 6.6% to $409 million, according to SymphonyIRI.
The data excludes revenue from Wal-Mart Stores Inc., reported Bloomberg.com.
Full
Story
International
News China's central
government ordered the expansion of vegetable production,
with increased funding and rail links. The State Council agreed to take measures
covering the entire process of vegetable planting, storage, transport, distribution,
marketing, quality monitoring and consumption, including ordering local governments
to stabilize and expand vegetable farms in the suburbs of large cities, reported
China Daily. Full
Story
 San
Miguel Corp. ended talks to sell San Miguel Pure Foods Co. after failing to
agree on terms with the Campos family and a partner, according to two people with
knowledge of the matter. The company will sell only as much as 49% of the unit,
rejecting an unspecified offer for the whole company, reported Bloomberg.com.
Full
StoryHealth News Products
with allergen labels are more likely to be contaminated
with peanuts, milk or eggs than unlabeled foods, according to information published
in Journal of Allergy and Clinical Immunology. About 5% of foods with warning
labels had traces of allergens, compared to 2% of foods without labels, reported
Reuters. Full
Story Washington
News Great
Atlantic & Pacific Tea Co. Inc. filed a federal lawsuit against Stop & Shop,
claiming that Stop & Shop advertisements use false or misleading information to
arrive at figures touting savings of 9% to 19% over A&P, reported Poughkeepsie
Journal. Full
Story 
Wright
County Egg expanded its voluntary recall of specific Julian dates of shell
eggs because the products have the potential to be contaminated with salmonella.
Full
Story Market News Some
2.19 billion-lbs. of U.S. beef are forecast to be exported
in 2010, as exports to Japan and South Korea are providing the most momentum in
the U.S. beef export market, noted ERS. Meanwhile, first-half pork exports were
7.9% above the same period last year. Exports to Mexico are particularly strong
this year, and account for an increasing share of U.S. pork exports. Full
Report 
AquaBounty
Technologies developed genetically engineered salmon that reach market weight
in half the usual time, according to the company, which claims FDA completed its
review of key portions of its application. Within weeks, the company expects the
agency to convene an advisory committee of outside experts to weigh evidence,
collect public testimony and issue a recommendation about the fish's fitness for
human consumption, reported The Star-Ledger. Full
Story (Free Registration Required) |
