Retail News
Total U.S. e-commerce spending reached $227.6 billion
in 2010, up 9% versus the previous year, according to
The comScore 2010 U.S. Digital Year in Review report
released by comScore, Inc. Social networking continued to
gain momentum throughout 2010, with nine out of every 10 U.S.
internet users now visiting a social networking site in a
month, and the average internet user spending more than four
hours on these sites each month. Full
Story
Bi-Lo will spend $50 million to renovate as many as 23
stores in 2011. The company will also launch a health
and wellness program, Thrive, next month, reported Supermarket
News. Full
Story
Jewel-Osco will commemorate Black History Month with
its 12th annual "A Taste of Black History" celebration,
a month-long program honoring the contributions of Jewel-Osco's
African-American vendors. Jewel-Osco will also host in-store
celebrations and tastings of African-American vendor products
each Sunday and honor one of its African-American vendors,
Baldwin Richardson Foods, with the "Vendor of the Year
Award." Full
Story
Manufacturer News
Coca-Cola Co. is quietly selling an unsweetened,
blended tea in the U.S. originally developed for young
health-and-beauty conscious Japanese women. The beverage company
took Sokenbicha from its line-up in Japan in 2009 and launched
U.S. sales last fall at Whole Foods Market Inc. after reformulating
the drink for the U.S. market. Sokenbicha, introduced 17 years
ago in Japan, leads the blended-tea category there, reported
The Wall Street Journal. Full
Story (WSJ Subscription Required)
The United Fresh Produce Association Foundation
and Chiquita Brands entered into a partnership to bring
10 new salad bars into Chicago Public Schools. Full
Story

Sprouts are growing in popularity as
consumers seek to become more healthful. For instance, sales
of Annie Chun's microwavable sprouted brown rice grew by more
than 24% last year, reported The Canadian Press. Full
Story
General Mills will donate one million servings
of whole grain cereal, and is partnering with Dr. Travis
Stork, MD to speak on the importance of whole grain and challenging
Americans to ensure they get three full daily servings of
whole grain recommended by the new U.S. Dietary Guidelines
for Americans. Full
Story
Crayola will debut numerous products in 2011,
including Glow Explosion Sand Art Sculptures, Washable Glow
Chalk and the Washable Colored Bubble Launcher. Full
Story
Executives on the Move: Pinnacle Foods
Group LLC appointed Antonio F. Fernandez EVP and Chief
Supply Chain Officer. Full
Story ... Innovative Food Holdings named Todd Carrell
EVP, Sales & Procurement of Food Innovations, Inc. Full
Story ... Sonoco elected Kevin P. Mahoney SVP of
Corporate Planning. Full
Story
Foodservice News
Seventy million Americans will celebrate Valentine's Day
at a restaurant this year, according to the National Restaurant
Association. About 33% of 18 to 34-year olds and 39% of 35
to 44-year olds plan to dine out for a Valentine's Day meal,
compared with 27% of those 55 and older. Full
Story
Rocky Mountain Chocolate Factory, Inc. opened its first
Aspen Leaf Yogurt self-serve frozen yogurt store in San
Antonio, TX. Three additional company-operated stores are
scheduled to open during March and April in Boise, ID, Farmington,
NM and Greeley, CO. Rocky Mountain Chocolate Factory also
expects to open its first franchised Aspen Leaf store next
month in Boulder, CO. Full
Story
Health News
Individuals who drink diet soda every day had a 61% higher
risk of vascular events than those who reported no soda
drinking, according to research presented at the American
Stroke Association's International Stroke Conference. Meanwhile,
stroke risk, independent of hypertension, increased 16% for
every 500-mg. of sodium consumed daily. Full
Story
Washington News
Cuts to food inspection will be among the 70 proposed
budget reductions debated in Washington next week, according
to a list unveiled by House Republicans, reported USA Today.
Full
Story
| Recording Now Available
for Purchase! The Food Institute
presented Understanding the New Food Safety Legislation,
a webinar designed for those who want and need to
understand the impact of the new food safety legislation.
John W. Bode, Principal at Olsson Frank Weeda Terman
Bode Matz PC, and Dr. David William Kennedy Acheson,
Managing Director, Food and Import Safety Practice,
at Leavitt Partners were the speakers. To purchase
the recording and learn more, click
here. |
|
General Mills can support the advertising claim "Now
Even Better" as it is used on reformulated varieties
of Progresso Light Soup, according to the National Advertising
Division of the Council of Better Business Bureaus. The advertising
claim was challenged by Campbell Soup. Full
Story
The National Oceanic and Atmospheric Administration (NOAA)
issued aquaculture policy guidelines. NOAA estimates that
84% of the seafood consumed in the U.S. is imported, and half
of that is produced through aquaculture. Full
Story
Simmons' Barbecue, Inc. issued a voluntary recall of
approximately 4,680-lbs. of barbecue pork products because
the products contain undeclared whey. Full
Story
Global News
China will spend at least $1 billion to alleviate its
worst drought in six decades. The country will boost grain
production by raising minimum purchase prices of grain, subsidizing
the purchase of anti-drought technologies and adding funding
for farm irrigation, reported USA Today. Full
Story
The Canadian Parliament voted down a bill that sought
to strengthen regulatory laws that govern the export of genetically
modified crops, reported The Globe and Mail. Full
Story (Free Registration Required)
Sapporo Holdings Ltd. will start talks to merge with soft
drink company Pokka Corp. in hopes of overcoming a flat
domestic market by strengthening its nonalcoholic-drinks segment.
The deal, valued at $257 million, will entail Sapporo raising
its Pokka stake to 85.5% from 21.4% by buying shares from
Japanese investment fund Advantage Partners Inc. and dairy
food and confectionery maker Meiji Holdings Co. on Mar. 29,
reported The Wall Street Journal. Full
Story (WSJ Subscription Required)
Archer Daniels Midland (ADM) plans to invest in sustainable
palm production in Brazil. Spanning five years, the ADM
investment will encompass approximately 12,000 hectares of
palm production and include the construction of a palm processing
plant. Full
Story
Grupo Lala SA and General Mills, Inc. were among the highest
bidders for PAI Partners' stake in Yoplait, according
to Les Echos. Both companies offered about $1.09 billion,
less than Bright Food Group Co.'s €900 million bid for
the holding. Groupe Lactalis bid €700 million and Fromageries
Bel SA offered €600 million, reported Bloomberg.com.
Full
Story
Intertek added new laboratory testing services in
the Chittagong Division of Bangladesh. The laboratory provides
physical and chemical solutions for agricultural commodities
such as rice, wheat, oil seed, sugar and fertilizers and food
products including seafood. Full
Story

Market News
Supplies of tomatoes, peppers, cucumbers and other vegetables
from Mexico will be severely limited until at least March
following an early February freeze. The Fresh Produce Association
of the Americas, however, claims damage was not widescale,
due to "microclimates" that protected some areas
while destroying other fields. Some items will have "steady
but reduced" volumes for up to eight weeks, reported
The Packer Online. Full
Story (Subscription Required)
Meanwhile, the Chilean grape industry may benefit from
damage caused by the widespread freeze Feb. 4 in Mexico,
according to the director of special projects for Pandol Bros.
Inc., reported The Packer Online. Full
Story (Subscription Required)
March corn futures contracts on the Chicago Board of Trade
jumped 3.6% to settle at $6.98 a bushel on Feb. 9. With
the Feb. 8 gains, prices of corn futures contracts climbed
97% since June while wheat is up 107% and soybeans are up
56%. An even steeper rise in sugarcane prices is depressing
exports of sugar-derived ethanol from Brazil, opening markets
for the U.S. industry, reported The Wall Street Journal.
Full
Story (WSJ Subscription Required)
Severe cold weather may damage Southeast farmers' crops
and herds. Forecasters predicted lows of negative 11 in
northwest Arkansas and minus 10 degrees in parts of Oklahoma,
reported The Associated Press. Full
Story
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