Industry News
Wal-Mart
Stores Inc. is bringing back some products it removed from shelves
last year, including cereal and soda, as shoppers turn to competitors
for a wider selection of merchandise,
reported Bloomberg.com. Full
Story
Reeds
Inc. entered into a letter of intent to acquire Jones Soda.
Full
Story
Final Days to Sign Up! The
Food Institute will host a webinar, A Look at Merger & Acquisition
Activity, Past, Present and Future, on Thursday, Mar. 11 at
12 p.m. (EST). Following tepid activity last year due to economic
conditions, many analysts see an increase in activity this year and
beyond. To register and learn more, click
here.
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Daily Update is a substantially abbreviated version of Today In
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Some
40% of shoppers changed the way they purchase meat and poultry compared
with before the recession, down from 51% in 2009, according to The
Power of Meat, a joint study by the American Meat Institute and
the Food Marketing Institute. About 78% are reading grocery flyers
to find the best price per pound, 73% are purchasing less expensive
cuts of meat and poultry and 74% are taking advantage of sales promotions.
In an average week, shoppers prepare four evening meals that include
a meat item. Full
Story
 Will
the shift toward more eating at home change as the economy improves?
|
An H.I.G. Capital, LLC affiliate acquired Albertville Quality
Foods and Southern Quality Meats. Full
Story
Some
86% of consumers are interested in the government implementing objective
front-of-pack labeling that calls out calories and beneficial
nutrients, according to a survey by FoodMinds. Approximately 77% of
shoppers are interested in front-of-package labels designed to warn
them of products with high calories and low nutrients. Full
Story
Latest
sales & earnings for food related companies (Updated Daily
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Food Institute News
With
ongoing economic uncertainty, consumers are turning to the packaged
goods industry to satisfy a growing number of daily needs. CPG
marketers with the ability to understand, or even anticipate, these
evolving needs will forge relationships that will outlast the recessionary
environment, according to Information
Resources Inc.'s 2009 CPG Year in Review: A Market Redefined by
Personalized Shopping Strategies Times &
Trends report. For the report, click here.
(FI Membership Required)
|
 Country
Pure Foods
Country Pure Foods was formed by the merger of Natural Country
Farms and Ohio Pure Foods. The subsequent acquisitions of several
other juice companies, including Ardmore Farms from Quaker Oats,
and the Packaged Products Division of Vitality Beverages, has
further enhanced the Company's resources, including multi plant
capabilities, a broader product line, and a national distribution
network. With 150 combined years of experience in the juice
industry specializing in frozen, chilled and aseptic juices,
the Company has emerged as one of the premier independent juice
companies in the nation serving the retail, foodservice, convenience
and contract manufacturing segments of the juice industry.
To learn more about this Food Institute member, visit: www.juice4u.com.
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in seeing your company featured here? Email
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* Members only
International News
Sales of in-home coffee grew 17% in value terms to £782
million in the UK between 2005 and 2009, according to Mintel.
Mintel expects growth of as much as 25% by 2014. Full
Story
Health News
If the price of regular soda and other sweetened beverages increased
by 18%, individuals would consume an average of 56 fewer calories
a day and lose about five pounds a year, claims a study in the Archives
of Internal Medicine, reported USA Today. Full
Story
Washington News
Groups
representing businesses, ports and labor will petition USDA to
allow continued shipment of seedless grapes from Chile to flow
into ports of the Delaware River next month. Normally, imports of
table grapes from Chile are restricted after Apr. 10 in order to permit
grape crops from Mexico and Southern California to enter the market,
reported The Philadelphia Inquirer. Full
Story (Free Registration Required)
Market News
Colony
collapse disorder is causing California bee losses varying from
30% to 80%. However, it is too soon to say whether the decline in
bee colonies will have any effect on yield, according to Dave Baker,
director of member relations at Blue Diamond Growers, reported The
Fresno Bee. Full
Story (Free Registration Required)
The Chilean avocado industry was mostly unaffected by the earthquake,
according to Chilean Hass Avocado Committee. The Port of Valparaiso,
from which most Chilean avocados are shipped, is operating at near
100% capacity, and packing facilities and highways out of avocado-growing
regions are in good shape, reported The Packer Online. Full
Story (Subscription Required)
