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September 02, 2010
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Food Product Development & Manufacturing

Food Retailing

Specialty Food

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Industry News

Burger King Holdings, Inc. entered into a definitive agreement under which affiliates of 3G Capital will acquire the stock of the company for $4 billion. The transaction is expected to close in the fourth quarter of this calendar year. Full Story

New! Food expenditures dipped in the second quarter, according to Food Institute data discussed in the Sept. 2 edition of the Lempert Report, hosted by Phil Lempert. Also, is being vegan the new trend? Click here to view.

Which of the following claims on food labels do you feel is most often misrepresented?


Made with whole grains
Made with real fruit
Contains zero trans fat

Contains Omega 3

 
 
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The global grocery industry continues to utilize social media in an attempt to gain market share, according to Pace Communications. In terms of Facebook, Target leads the list with 1.6 million followers while Whole Foods has the most Twitter followers. Full Story, U.S. List, UK List

The Pantry, Inc. signed a definitive agreement to acquire 47 convenience stores from Presto Convenience Stores, LLC, with 44 stores located in Kansas and three stores in Missouri. Full Story

Great Atlantic & Pacific Tea Co. is considering selling its Food Emporium stores to rid itself of some assets and boost its liquidity, according to people familiar with the matter, reported The Wall Street Journal. Full Story (WSJ Subscription Required)

New Product News: Turkey Hill Dairy launched Blitzburgh Crunch ice cream. Full Story ... Peet's Coffee & Tea unveiled Alta de Dota Single Origin Special Roast for a limited time. Full Story

International News

The UK government made changes to departmental responsibilities for food labeling policy. The Food Standards Agency will retain responsibility for food safety aspects of labeling, but in England other responsibilities will go to the Department for Environment, Food and Rural Affairs. Responsibilities for nutrition labeling will also move to the Department of Health at a later date. Full Story

Coca-Cola Co. bought Nidan, a juice producer in Russia. Nidan's product facilities in Moscow and Novosibirsk make and distribute brands Moya Semya, Da! and Caprice, reported Bloomberg BusinessWeek. Full Story

Health News

Organic produce has more nutrients than conventionally grown varieties, according to a Washington State University study focused on strawberries and published online in PLoS ONE. The research found the organic strawberries were more nutritious, left the soil healthier and had longer shelf life than conventionally grown produce, reported The Seattle Times. Full Story (Free Registration Required), Full Study

Washington News

Federal authorities in Chicago charged six companies and 11 people in a honey-importing conspiracy that allegedly mislabeled the Chinese import to avoid nearly $80 million in customs taxes, reported Chicago Sun-Times. Full Story (Free Registration Required)

How Can You Comply With Complex Food Safety Regulations?

The Food Institute's HACCP & U.S. Food Safety Guide - 2nd Edition provides clear explanations of the recent regulations and requirements issued by FDA and USDA regarding the handling and sanitation of food products. Authored by Olsson, Frank & Weeda, P.C., this guide includes information on applying HACCP plans in the plant, mandatory HACCP systems in general and specific HACCP requirements for seafood, meat & poultry. For details, click here.

Trinh Company issued a voluntary recall of approximately 2,070-lbs. of cooked shredded pork skin products because the products were produced without the benefit of federal inspection. Full Story

Market News

Fiscal 2011 agricultural exports are forecast at $113 billion, up $5.5 billion from the revised 2010 forecast, according to ERS. Much of the increase is due to greater grain and feed shipments (up $4.3 billion from the revised 2010 forecast) due to sharply reduced competition from Russia, Kazakhstan and the Ukraine. Horticultural exports are forecast up $1.7 billion from 2010 on strong demand from Canada, the EU and Asian markets. Full Report

Cold weather in Argentina may cause a gap in blueberry production, especially with Michigan and British Columbia winding down earlier than usual, stated Ulises Sabato, owner of Blueberries SA, reported The Packer Online. Full Story (Subscription Required)


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