August 24, 2011

 IGA Coca-Cola Institute Perspective

Department Insights at ISMC: Early bird registration Available Until Tomorrow Only!

A message to IGA Retailers from:
The IGA Coca-Cola Institute

This October, the IGA Coca-Cola Institute will bring together food retailers from around the world to network, learn and share management techniques at the International Supermarket Management Class (ISMC). This five-day immersion program taking place at the Coca-Cola headquarters in Atlanta, Ga., includes group activities, online courses and tours of local food retail stores, as well as presentations and demonstrations from 15 of the industry's most renowned experts, including: Harold Lloyd, Richard George, Ryan Mathews, Brian Harris and our newest expert, T. FuQua.

In his ISMC session, T. FuQua will deliver insights about one of the industry's fastest growing departments—the deli department. According to International Dairy, Deli, Bakery Association (IDDBA), the deli prepared food category has grown 50 percent in the last five years, with 27 percent of consumers shopping a full service supermarket deli at least once a week.

Drawing on more than 25 years of expertise in managing and executing shopper marketing strategies for Tyson Foods' key U.S. supermarket customers, FuQua will explore deli department marketing and promotions, demonstrating how retailers can create a destination deli department that will increase shopper loyalty and sales.

So come see T. FuQua and the other 14 industry experts at this years' ISMC. Register by tomorrow for early bird registration rates and save $400! We hope to see you there.

Thank you,

The IGA Coca-Cola Institute

Details
Where: The Coca-Cola Company headquarters in Atlanta, Georgia
When: Oct. 2 - 7, 2011
Who: The class is designed for owners, regional directors, store managers and supervisors.
Additional Information: http://www.igainstitute.com/
Community/ISMC2011.aspx

Registration
Online: http://www.igainstitute.com/Community/ISMCform.aspx
Call: (773) 695-2611 or (800) 321-5442

 


Retail News

Central Grocers plans to expand the capacity at its distribution center to accommodate increased volume in the produce and meat departments of its members. Completion is expected before the end of the year. The expansion will involve reconfiguring racks to pick up 15,000-sq. ft. of receiving space at the 940,000-sq. ft. facility; it will also increase the number of dock doors by 30, to 180, and optimize pallet movement, reported Supermarket News. Full Story

dunnhumbyUSA formed a partnership with TRA, a media and market research company. The partnership will leverage its data, expertise and analytics to accelerate TRA's expertise in linking TV viewership and purchase behavior, reported The Cincinnati Enquirer. Full Story

Winn-Dixie Stores, Inc. chose IBM point-of-sale and self-checkout technology to update customer service, speed innovation and increase the operational efficiency of 484 Winn-Dixie store locations, and other store formats across the Southeastern U.S. Full Story

AllOver Media, Inc. acquired Pacific Media, Inc., an alternative out-of-home convenience store advertising company. Full Story

GNC Holdings, Inc. agreed to acquire LuckyVitamin.com, an online retailer of wellness-oriented products. The acquisition is expected to close within 30 days. Full Story

Manufacturer News

H.J. Heinz Co. is adding more products at lower prices and accelerating the introduction of entry-priced items in developed markets, especially in the U.S., to appeal to consumers with $50 or less to spend on groceries each week. Heinz will roll out its plans for smaller product sizes that it can sell for less at convenience and dollar stores, which were in development for about three months and emphasize price per ounce rather than entry price point, reported The Wall Street Journal. Full Story (WSJ Subscription Required) Meanwhile, the traditional Heinz consumer is more affluent and shopping at club stores but "we are seeing a consumer that is truly struggling and value means something different," according to its SVP of investor relations and global program management officer, reported Pittsburgh Business Times. Full Story (Free Registration Required)

Kraft Foods Inc. reduced the list price of its coffee brands Maxwell House and Yuban by about 6% in the U.S., reported Reuters. Full Story

Some 40% of 18 to 24-year-olds drink coffee daily, up from 31% in 2010, according to the 2011 National Coffee Drinking Trends Study from the National Coffee Association. Gourmet coffee continues to be a significant portion (37%) of total coffee consumed. Penetration is also growing in the single serve arena at an average of 1% per year, and 35% of those with a pod system acquired it in the past six months. Full Story

New Product News: The Coca-Cola Company is introducing Odwalla Super Protein Mango smoothies with 20 grams of soy protein. Full Story ... Sargento Food Ingredients introduced Portionables soup ingredients, individually quick frozen pellets designed for the frozen soup market, reported Meat & Poultry. Full Story (Free Registration Required) ... Spartan Stores is rolling out school lunches. A lunch may contain a chicken tender wrap, chips, carrots, juice and a fruit snack, reported MLive.com. Full Story (Free Registration Required)

Executives on the Move: Baker's Pride, Inc. named Louis Mastriano VP of Sales and Marketing. Full Story ... An Atlanta-based chicken wing restaurant chain hired Terrance M. Marks as president and CEO, replacing Coby Brooks. Mr. Brooks will become a major franchisee for Twin Peaks, reported The Atlanta Journal-Constitution. Full Story (Free Registration Required)

Kraft Foods set a 25 million meal donation goal for its 2011 Huddle to Fight Hunger Campaign. Full Story

Unilever reached an agreement to sell the Alberto VO5 brand in the U.S. and Puerto Rico and the Rave brand globally to Brynwood Partners VI L.P. The deal is subject to approval by DOJ, and is expected to be completed by the end of August. The divestiture is required by the department in conjunction with Unilever's acquisition of the Alberto Culver Company. Full Story

Foodservice News

Sysco Corp. received an unsolicited "mini-tender" offer by TRC Capital Corporation to purchase up to 3.5 million shares, or approximately 0.6% of the outstanding Sysco shares, at a price of $26.65 per share. Sysco does not endorse TRC's offer. Full Story

An investment group signed a series of development agreements to open 35 Twin Peaks restaurants throughout six states over the next 10 years. The franchise group will open restaurants in Florida, North Carolina, Georgia, Alabama, South Carolina and Tennessee. The first two restaurants are scheduled to open within 18 months with three to four restaurants to be added each year after that. The company currently has 15 locations. Full Story

Health News

Adding specific cholesterol-lowering foods, such as nuts, to one's diet can lower cholesterol more than a low-fat diet alone, according to research published in Journal of the American Medical Association, reported HealthDay. Full Story

Washington News

Del Monte Fresh Produce, N.A., Inc. filed suit against FDA in U.S. District Court for the District of Maryland to seek an injunction that would lift an FDA rule restricting the importation of fresh cantaloupes into the U.S. Full Story

USDA revised the delegations of authority from the Secretary of Agriculture to the Under Secretary for Research, Education, and Economics (REE) and the Under Secretary for Rural Development, and from the Under Secretary for REE to the Director of the National Institute of Food and Agriculture, to reflect the division of responsibilities for carrying out the biomass research and development authorities of the Farm Security and Rural Investment Act of 2002. Full Notice

Global News

KFC is reportedly the first American fast food outlet to open in Kenya. McDonald's and Burger King have not entered the area due to supply chain concerns. KFC investors worked with a Kenyan chicken supplier for more than a year to bring it up to the quality control standards demanded by Yum! Brands. Two more KFCs are slated to open in Nairobi this year, and there are plans to open 15 restaurants in Kenya, Tanzania and Uganda in the next three years, reported Forbes.com. Full Story

A cooperation agreement was reached between Axfood Narlivs AB and Statoil Fuel & Retail's Swedish subsidiary, Svenska Statoil AB. The agreement covers the supply of newsstand and food retail products for Statoil's staffed service stations for two years, commencing Jan. 1. Axfood AB conducts food retail and wholesale business in Sweden. Full Story

Indonesian manufacturers can expect to see healthy growth in consumer good sales value as Ramadan drives consumers to spend more. Categories such as sausages and meat balls (up 34%), canned fish and meat (up 119%) and nuggets (up 49%) all tend to enjoy growth during the holy month. Nielsen recorded 9.2% growth in sales value of consumer goods during 2010's festive months. Full Story

Japan will increase radiation monitoring by helicopter to 22 prefectures from the six closest to the Fukusima plant, reported Bloomberg.com. Full Story

Market News

The Mexican apple crop is expected to total 21.8 million bushels this year, up 12% from 2010, stated a partner with Pico Largo SPR, Chihuahua, Mexico. Domestic production in Mexico covers about 61% of the country's demand for apples. Mexico's apple imports were about 11.6 million bushels in 2010. Meanwhile, Canada's 2011 apple production is estimated up 4.5% over 2010 at 21 million 42-lb. cartons this year, reported The Packer Online. Full Story

Coffee exports from Colombia, Mexico and seven other Latin American countries gained 0.3% from a year earlier in July. Total shipments rose to 1.97 million bags from 1.96 million bags in July 2010, according to Guatemala's National Coffee Association, reported Bloomberg.com. Full Story

Hill Country, TX peach growers sustained larger-than-expected losses from severe weather this year, and production is expected to be about 40% of an average year. The state's peach production total is well off the 14,000-tons from last year due to freezing temperatures in February and a frost in April. While the drought also kept peaches from growing as large as usual, the smaller peaches offer sweeter flavor, reported Houston Chronicle. Full Story (Free Registration Required)

A spotted wing drosophila was found in a trap on a blueberry farm in Atlantic County, NJ, according to the New Jersey Department of Agriculture, reported The Packer Online. Full Story

Wheat fields have been sprouting in California, Oregon, Washington and New England in the last five years, as consumers boost demand for locally grown food. Farmers are not looking to compete with big growers in the Great Plains but hope to find their own niche, such as providing grains for local bread, reported The Associated Press. Full Story

 

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New Products Hits and Misses

New! The Aug. 24 edition of New Products Hits and Misses with Phil Lempert profiles: Mojo Milk Probiotic Chocolate Milk; Pillsbury Sweet Moments Raspberry Cheesecake Flavor; Bachman Toasted Sweet Potato Tortilla Chips; Newman's Own Organics Family Recipe Cookies Ginger Snap Flavor; and Burgers' Smokehouse Peppered Bacon Steak Cuts. Click here to view.

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