Retail News
The consumer price index rose 0.4% in July after
rising 0.2% in June. The cereals and bakery products
index fell 0.1% last month; the other five major grocery store
food groups all increased, according to the Bureau of Labor
Statistics. Full
Report
Walgreens unveiled a store brand, Nice!, with more than
400 grocery and household products. The company plans
to have most Nice! products on its shelves by early 2012.
Current store brands including Cafe W, Deerfield Farms, W
and others will be phased out and transitioned to Nice!. Full
Story
About 27% of the leading U.S. retailers do not have a
mobile presence, according to the Mobile Presence of
Leading U.S. Retailers study from 2ergo. Grocery, pharmacy
& convenience store retailers that provide convenience features
like personalized shopping lists, prescription refills and
photo processing orders also opt for mobile apps (49%) more
often than mobile sites (38%). Among restaurants and fast
food chains, 35% have a smartphone application while 74% have
a mobile-friendly site enabling download-free access to location,
menu and reservation information. Full
Story
Two-thirds of smart phone or tablet owners have used their
devices to make purchases and more than 80% used them
to assist in purchasing decisions through product research
at least once during the past year, according to L.E.K. Consulting's
Mobile Commerce Survey. During the past six months,
more than half of Active Mobile Consumers surveyed reported
using at least one mobile coupon app, nearly one-third checked
a pricing comparison tool and 29% tapped a loyalty or similar
tool. Full
Story
About 7% of goods are typically out of stock at the average
U.S. Walmart store, the chain stated in a meeting with
suppliers, according to sources. Typical levels are under
5%, reported The New York Post. Full
Story
New Store News: Sheetz opened a store in Hagerstown,
MD. Full
Story ... H.E. Butt Grocery Co. broke ground
in Houston, TX on its fourth Joe V's Smart Shop location,
reported Supermarket News. Full
Story ... Lunds Food Holdings plans to open a 20,000-sq.
ft. grocery store in Minneapolis by next summer, reported
Minneapolis / St. Paul Business Journal. Full
Story (Free Registration Required)
Fresh & Easy Neighborhood Market began registration for
its 2011 Shop for Schools fundraising program. Schools
participating in the program can register for the program
online at www.freshandeasy.com/shopforschools by Sept.
15. Full
Story
Manufacturer News
Nestle launched a $20 million-plus expansion
in Cleveland and is also planning a global research facility
for its frozen foods business in Solon, OH. The plant makes
food bases sold to restaurants and distributors for use in
soups, sauces and other dishes. The expansion will be finished
in early 2013, reported Cleveland Plain Dealer. Full
Story
Males, younger users and non-users are dissatisfied
with the current portion sizes in frozen meals and want
larger portions, according to The NPD Group's Frozen Meals
Stay Hot! Where are Your Opportunities? report. Single-serve
frozen meals, which account for 66% of frozen meals consumed,
are popular as a carried lunch with young, working females
and seniors who consume them in their homes. Full
Story
The DSM Innovation Center and NutraCea entered
into a joint R&D agreement. Under the terms, NutraCea
and DSM will share existing patented and proprietary intellectual
property to investigate extraction and modification of high
quality vegetable proteins from rice bran. Full
Story
Legends Foods Corp. signed a Letter of Intent
to acquire Mary of Puddin Hill, a producer of pecan fruit
cakes, pecan pies, brittles and chocolates. Meanwhile, Legends
plans to roll out a new line of products in September. Full
Story
Kimberly-Clark Corporation introduced Poise
Hourglass Shape Pads. Full
Story
Foodservice News
Restalia Grupo de Eurorestauracion, the parent company of
Spanish sandwich chain 100 Montaditos, aims to open 4,000
outlets in the U.S. over the next five years. The company
is looking to open franchised restaurants and company-owned
outlets. The first U.S. restaurant opened in January in Miami;
the chain aims to have eight outlets in Florida by next March.
A location in New York City is also in the works, reported
Bloomberg Businessweek. Full
Story

About 100 schools across the U.S. have worked with Cook
for America, a group that trains school cooks in healthier
food preparation, including Greeley, CO. The town will begin
cooking school meals from scratch this year, reported The
New York Times on the Web. Greeley's schools will be cooking
from scratch about 75% of the time on the opening day, with
a goal of reaching 100% by this time next year. Full
Story (NYT Subscription Required)
ARAMARK is launching Healthy for Life Menu Icons in high
schools, with over 170 high schools signed on to participate
in the new menu system that will be introduced in the fall.
The icons will be displayed prominently alongside appropriate
items being served as well as on the school's printed or online
menu. The icons specify which foods are vegetarian options,
grown locally, nutrient dense, low in calories, fat and sodium
and made with whole grains. Full
Story
Schwan's Food Service will roll out its LiveSmart Schools
product portfolio, a 50% expansion in its product line.
The portfolio is a line of more than 50 offerings that meet
the proposed USDA School Meal Rules as well as the HealthierUS
School Challenge guidelines. Full
Story
Del Frisco's Restaurant Group launched Del Frisco's Grille,
a casual dining brand, in Houston. Del Frisco's plans to open
up to 20 Grilles by 2017. Grille spaces will be around 8,000-sq.
ft., and the company is looking for patio dining, reported
Houston Business Journal. Full
Story (Paid Subscription Required)
Domino's is examining the details of its sales performance
at every store domestically and internationally to identify
weak spots and market opportunities, according to its CEO.
The company now examines each franchisee's balance sheet,
debt levels and income to look at profitability and capital
structure. The CEO is also monitoring the health of the company's
store network actively, with access to real-time sales data,
reported MLive.com. Full
Story (Free Registration Required)
Restaurant Roundup: Sonic introduced three
breakfast burritos. Full
Story ... VooDoo BBQ & Grill will open five restaurants
in Austin, TX within five years. Full
Story ... Eleven Wingstop locations in South Texas
are featuring Coca-Cola's Freestyle machine. Full
Story
Executives on the Move: California Pizza Kitchen,
Inc. named G.J. Hart president, CEO and executive chairman.
Full
Story ... Texas Roadhouse, Inc. returned W. Kent
Taylor to the role of CEO, and named Scott M. Colosi president
of the company. Full
Story ... AFC Enterprises, Inc. named Andrew G.
Skehan COO, international of its Popeyes brand. Full
Story ... Trellis Earth Products, Inc. made several
executive changes. Craig Mittelstaedt was named VP of operations
and general manager. Full
Story
Sodexo is offering its second Fill My Fridge event at
more than half of the 650 campuses it serves. The event allows
parents to shop for food and beverage items on college move-in
day. Full
Story
Health News
A diet rich in potassium may reduce the risk of stroke
compared to those who get little of the mineral, according
to a study published in Stroke. For each 1,000-mg.
increase in daily potassium, the odds of suffering a stroke
in the next five to 14 years declined by 11%, reported Reuters.
Full
Story
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Recording
Now Available for Purchase!
The Food Institute presented Shopper Insights:
Actionable or Academic?, a webinar featuring
Nadine Hernandez, Director, Shopper Insights Worldwide
Industry Marketing, DemandTec and Roy White, Business
Development Executive, RetailWire. The webinar
provided detailed results of an in-depth survey
addressing Shopper Insights, including, but not
limited to the role of Shopper Insights in collaboration
and the relative value of Shopper Insights to
trade participants. To purchase the recording
and learn more, click
here.
|
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Washington News
FDA released its Strategic Plan for Regulatory Science,
an initiative to modernize the tools and methods that
the agency uses to evaluate whether the products it regulates
are effective and safe. The plan focuses on eight areas, including
modernizing toxicology; supporting new and improved manufacturing
methods; and expanding and improving FDA's information technology
infrastructure. Full
Story
New York City Mayor Michael Bloomberg signed Introductory
Number 452-A, which provides agencies with more tools
to foster the purchasing of food grown, produced, harvested
or processed in New York State. Full
Story
Global News
The Coca-Cola Company and its Chinese bottling partners
will invest $4 billion in China over the next three years,
commencing 2012. Consumption of Coca-Cola products in China
represents approximately 7% of the company's global volume.
The company will break ground on a new plant in Shijiazhuang
(Hebei province) later this year. Full
Story
Bright Food Group Co. entered into a deal to buy a 75%
stake in Australia's Manassen Foods from Champ Private
Equity, reported Bloomberg.com. Full
Story
China is expected to import more pork if the domestic
price of meat continues to rise. China's consumer price index
increased 6.5% in July above what it had been a year ago,
according to the National Bureau of Statistics, due largely
to pork costs, reported China Daily. Full
Story
Outbound Japan mergers and acquisitions now total $49.6
billion this year, more than double the year-earlier figure
of $22.4 billion, according to Dealogic. That number was boosted
by Asahi Group Holdings Ltd.'s decision to purchase New Zealand's
Independent Liquor for $1.3 billion. Suntory Holdings Ltd.
will also launch a new company to drive M&A in Southeast Asia
on Sept. 1, reported The Wall Street Journal. Full
Story (WSJ Subscription Required)
The board of South Africa's Bidvest Group recommended
against selling its foodservice unit, reported Reuters.
Full
Story

Market News
Broiler meat production increased strongly during
the first six months of 2011 (up 4.8%), noted ERS.
Growth in the first quarter was 6.4% higher than the previous
year and second-quarter production was 3.3% higher than a
year earlier. Meanwhile, accelerating pork exports are expected
to maintain hog and pork prices at or near record highs for
the balance of 2011. ERS
Report
The 2011 drought in Texas cost state agriculture $5.2
billion in either additional production costs or potential
income not received, topping a 2006 record $4.1 billion in
losses, according to the Texas AgriLife Extension Service.
The harshest impact has been on ranchers ($2.1 billion in
losses), who had to pay more for supplemental feed after pastures
went bare and brought cattle to market lighter than normal.
Losses for corn producers totaled $327 million, while wheat
producers reported a $243 million impact, reported Houston
Chronicle. Full
Story (Free Registration Required)
DuPont and Langebio entered into a collaboration to increase
understanding of plant reproductive biology and genetic
diversity. Under the agreement, DuPont business Pioneer Hi-Bred
and the Mexico National Laboratory of Genomics for Biodiversity
will work together in multiple projects to gain new insights
into the biological and genetic mechanisms that control plant
productivity. Full
Story
The Agricultural Marketing Service (AMS) is soliciting
comments on a request to revise the U.S. standards for grades
of grapefruit juice. AMS received a petition from the
Florida Citrus Processors Association asking AMS to consider
revising the current U.S. grade standards for grapefruit juice
to account for advances in industry processing technology.
Full
Notice
An FNS rule proposes to amend Supplemental Nutrition Assistance
Program (SNAP) regulations to implement the "Major
System Failures" section of the 2008 Farm Bill,
requiring USDA to determine when a systemic state error is
resulting in the overissuance of benefits to a substantial
number of SNAP households and the actions the department may
take if such a determination were made. Full
Notice
The Farm Credit Administration (FCA) proposes to amend
regulations governing investments held by institutions
of the Farm Credit System. The agency proposes to strengthen
regulations governing investment management, interest rate
risk management and association investments and make other
changes to enhance the safety and soundness of system institutions.
The agency also seeks comments on compliance with section
939A of the Dodd-Frank Wall Street Reform and Consumer
Protection Act until Nov. 16. Full
Notice
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