Retail News
Grocers
are resurrecting, revamping and promoting more heavily discounts
aimed at senior citizens, according to OregonLive.com.
For example, Kroger Co. will offer a 10% discount, applied
to everything but groceries, for shoppers 55 and older on
the first Tuesday of each month beginning in February.
Full
Story (Free Registration Required)
Farm
Fresh launched nutrition iQ, a nutrition information program
with color-coded shelf tags, in 44 Farm Fresh supermarkets
located in Hampton Roads and Richmond, VA and Elizabeth City,
NC. Full
Story
NCR
Corporation will install its Blockbuster Express-branded DVD-rental
kiosks in Brookshire Grocery stores. Full
Story
Manufacturer News
Cadbury PLC accepted Kraft Foods' final merger offer,
which values Cadbury at approximately $19 billion. Full
Story
Unilever signed a definitive agreement with Hormel Foods
Corporation to sell its Shedd's Country Crock branded
chilled side-dish business in the U.S. The chilled side-dish
business generated approximately $50 million in revenue for
Unilever in 2009, and ownership of the Shedd's Country Crock
trademark and its flagship spreads product range remain with
Unilever. The transaction is expected to close by February.
Full
Story
Food processor Quantam Foods acquired protein processing
company North Star Foods. Full
Story
New
Product News: Kellogg's Kashi Company introduced
GOLEAN CRISP! Toasted Berry Crumble cereal. Full
Story ... Lifestyle Foods introduced Just Chillin'
Apple Wedges. Full
Story
Foodservice News
Foodservice represents 9% of The Pantry Inc.'s mix of
total inside sales compared to an industry average of
17%. "We also think there are opportunities to expand
beyond the core hot dogs in the convenience store business
and do a better job with fresher and healthier offerings,"
stated Frank Paci, EVP and CFO, who spoke at the 12th annual
ICR XChange Conference. Branded foodservice also presents
an opportunity, according to Mr. Paci. Meanwhile, Mr. Paci
stated there are ample acquisition opportunities in the Southeast,
reported CSP Daily News. Full
Story
Almost
seven out of 10 national chains and 20% of small businesses
sell French fries cooked in corn oil, according to a University
of Hawaii study published in Proceedings of the National
Academy of Sciences. About 7% of chains and 11% of small
businesses used blends containing more than 50% corn oil,
reported HealthDay. Full
Story
Sagittarius
Brands' Captain D's Seafood Kitchen brand is for sale,
reported UPI. Full
Story
The
National Restaurant Association, state restaurant associations
and Heartland Payment Systems are forming a strategic partnership
to launch a unified payments processing platform. The
partnership's "Full Course Business Solutions" is
initially launching with a suite of payments products including
card processing and payroll. Full
Story
Executives
on the Move: TravelCenters of America LLC principal
operating subsidiary named John Ponczoch SVP of food operations
and marketing, reported CSP Daily News. Full
Story
Health News
The tea compounds L-theanine and caffeine at levels obtained
in a single cup of tea may improve attention, according
to a study from Unilever published in Appetite, reported
Beverage Daily. Full
Story
Consuming beverages sweetened with non-nutritive sweeteners
may lead to an increase in food consumption, claims a
study published in the journal Physiology & Behavior,
reported Food Navigator USA. Full
Story
Washington News
The U.S. District Court in St. Louis ruled that the Roundup
Ready license agreements between DuPont and Monsanto contain
an unwritten term that prohibits DuPont from stacking
its Optimum GAT trait with Monsanto’s Roundup Ready trait
in soybeans or corn. Full
Story
Heartland Payment Systems and Visa Inc. issued a settlement
agreement under which issuers of Visa-branded credit and
debit cards will have an opportunity to obtain a recovery
from Heartland with respect to losses they may have incurred
from the 2008 criminal breach of Heartland's payment system
environment. Heartland will pay up to $60 million to fund
the settlement program. Full
Story
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Control and Regulation - Webinar Recording Now
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measures when Lm is discovered. Also, learn how
to respond to the government when an agency requests
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here.
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Outgoing New Jersey Gov. Jon Corzine signed menu labeling
into law. Calorie information at franchises with more
than 20 locations nationally will appear in 2011, reported
The Star-Ledger. Full
Story (Free Registration Required)
Huntington Meat Packing Inc. initiated a voluntary recall
of approximately 864,000-lbs. of beef products that may be
contaminated with E. coli. Full
Story
Global News
The Argentine food and beverage market is expected to
grow in 2010 following a stable 2009, noted FAS. Retailers
indicate that they will continue to expand through the opening
of new stores, primarily in the interior of the country. Purchases
of imported foods are expected to remain flat or begin to
grow again after a marginal drop in 2009. FAS
Report
Argentina's government stated it would put more pressure
on supermarket chains to ensure they keep prices down
on basic goods. "It is important for us to monitor everything
that encompasses the price agreements with the large chain
stores, and tighten the screws to see what's happening," stated
Economy Minister Amado Boudou, reported NASDAQ.com.
Full
Story
The retail food sector in Honduras is growing, noted
FAS. Favorable market conditions resulted in more franchises
and supermarkets. The preference for U.S. products increased
steadily over the past few years and further increases are
expected. FAS
Report
Sbarro
will open 1,250 units in Japan over 20 years as part of
a partnership with JCI Inc. Full
Story
The French government
approved the use of stevia sweetener Reb A in table top
sweeteners, and raised the levels at which it can be used
in a range of no added sugar food and beverage products, reported
Beverage Daily. Full
Story
Food retailers and
manufacturers should report, at least annually, on how much
food waste they produce, according to recommendations
from the UK's House of Commons. The parliamentary report also
recommends setting a target for mandatory collection of food
waste. Full
Story
Market News
Wishnatzki Farms unveiled Wish Farms, a new brand
for its fresh produce products. The new consumer label will
replace the Wishnatzki Farms label on the company's strawberries,
bell peppers, squash, and cherry and grape tomatoes. Full
Story
Idaho's Congressional Delegation asked USDA to assist
potato producers struggling due to a high supply of domestic
potatoes and low prices. In a letter sent to USDA Agricultural
Marketing Service's Administrator, the group asked for favorable
consideration to a pending request for purchase of fresh surplus
potatoes for federal nutrition programs under the Section
32 program. Full
Story
England's apple growing season is being expanded by almost
five months, as three new varieties were developed. The
traditional apple growing season ends in January, but the
Cameo, Kanzi and Jazz varieties will grow up until the end
of May, reported BBC News. Full
Story
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