August 31, 2010

 IGA Guest Perspective

The Food Institute and IGA...Partnering to Provide Information

A message to IGA Retailers from...
Brian Todd
President
The Food Institute

Working in conjunction with the IGA team, The Food Institute produces The Independent View each weekday, providing IGA Alliance members around the world with the industry news they need. Today, Food Institute President Brian Todd elaborates on this strategic partnership and the opportunities it brings for IGA Alliance members.

A nonprofit organization founded in 1928, The Food Institute has a single purpose: providing information about the food industry. For the last three years our strategic partnership with IGA has allowed us to bring that information to you every weekday in the "news" section of the The Independent View. We're proud of the work we're doing with IGA, and hope you think of The Independent View as your go-to daily digest for the information you need about IGA and the trends and happenings that affect your business.

The good news is that The Independent View is just the beginning of the resources The Food Institute can bring you. We offer a number of services and resources that you may find helpful, including:
  • The industry's most comprehensive food industry Web site
  • Seminars and webinars on the hottest topics and the latest trends
  • A wide variety of reports and studies
  • The most respected Daily Update emails in the industry to over 110,000 key decision makers
  • A staff of industry analysts to answer member inquiries and fulfill information requests

Stay tuned to The Independent View to learn more about the reduced-cost offers you can get from The Food Institute as a member of the IGA Family, including a series of webinars we'll be featuring in September.

As always, we're here to help, and I ask you to contact us with any questions or with feedback. Food Institute team member Lina Khouri is available for you at 201-791-5570 ext. 214.

Thanks,

Brian Todd

 


Retail News

For the fifth straight month, consumer expenditures for food-at-home declined during July versus the prior month, according to exclusive Food Institute analysis of government data released this week. At the same time, "real" or deflated sales of food at grocery stores were down again during July versus the same month last year and were virtually unchanged from 2009 levels through the seven months ended Aug. 1. Full Story (FI Membership Required)

Some 24% of North American consumers actively buy organics, according to a survey from Nielsen. Organic products are most popular in Asia Pacific (47%), Latin America at 45% and Middle East/Africa/Pakistan at 43%. Environmental and social considerations whet the North American appetite for organics, making it the region most likely to buy organics to avoid toxins (71%), promote environmentally-friendly organic farms (59%), help small farmers (58%), avoid genetically-modified products (45%), do the right thing (38%) and vote against modern farming methods (23%). Full Story

Whole Foods will introduce a private-label line in 2011 based on the healthy eating book The Engine 2 Diet. Products will be vegan with no canola or safflower oils, and low in sugar and salt. The company's new animal welfare rating program will be in all stores by Jan. 1. By Sept. 1, the company will have transparency on all species of seafood sold in a partnership with the Monterey Bay Aquarium and the Blue Ocean Institute. Meanwhile, the company is looking at additional locations in Canada, according to CEO John Mackey, reported USA Today. Full Story

Tesoro Corporation agreed to acquire existing Shell-branded wholesale supply contracts in North Dakota, South Dakota, Minnesota, Utah and most of Idaho, which represent approximately 300 Shell-branded stations. Tesoro may also grow the Shell brand through retail stations in these areas under the terms of the agreement. Full Story

Alimentation Couche-Tard Inc.'s tender offer to acquire all of the outstanding shares of common stock of Casey's General Stores, Inc. will now expire at 5:00 p.m. (EST) Sept. 30. Full Story

Meijer launched its digital coupon program called mPerks. Full Story

Balducci's is eyeing several locations for small, quick-service stores as well as a 10,000-sq. ft. flagship after exiting New York City last year. Balducci's currently operates six locations in New York state, Connecticut, Virginia and Maryland, along with three quick-service shops at JFK International Airport, and is planning to open as many as three small midtown locations starting in the fall, ranging from 1,000-sq. ft. to 2,000-sq. ft. in size, reported Crain's New York Business. Full Story (Free Registration Required)

New Seasons Market rolled out a loyalty program for employees, reported OregonLive.com. Full Story (Free Registration Required)

New Store News: An Albertsons supermarket in San Diego set to open Sept. 1 will generate 90% of its electricity from clean power made on-site from a fuel cell. Full Story

Manufacturer News

George Weston Ltd is buying Keystone Bakeries for $185 million through its subsidiary, Maplehurst Bakeries. Keystone Bakeries is made up of Freed's Bakery, Granny's Kitchens and Heartland Baking, reported Reuters. Full Story

The Coca-Cola Foundation donated $250,000 to the American Indian College Fund. Full Story

New Product News: ConAgra Foods' introduced Marie Callender's Fresh Flavor Steamer frozen entrees. Full Story ... Newman's Own introduced Pomegranate Lemonade. Full Story ... Wegmans will introduce Wegmans Super Pasta in five varieties. Full Story

Foodservice News

Logan's Roadhouse, Inc. reached a definitive agreement to be acquired by an affiliate of Kelso & Company. Logan's operates 188 company-owned and 26 franchised restaurants in 23 states. Full Story

The purchasing agent for Yum! Brands Inc. Unified Foodservice Purchasing Co-op LLC signed a distribution deal with McLane Foodservice Inc. to be the exclusive provider of products to Yum's A&W, KFC, Long John Silver's, Pizza Hut and Taco Bell restaurants, reported Business First of Louisville. Full Story (Free Registration Required)

Edible Arrangements is expanding in the Pittsburgh, PA-area. A franchisee retail brokerage manager believes the area could eventually handle eight locations, reported Pittsburgh Business Times. Full Story (Free Registration Required)

Dawson Holdings, LP has taken a 15% equity stake in the Tootie Pie Company. Full Story

Health News

Drinking even moderate amounts of alcohol may raise the risk for breast cancer recurrence in some women, according to research published in Journal of Clinical Oncology, reported HealthDay. Full Story

Washington News

FDA inspection found numerous violations at Hillandale Farms and Wright County Egg in Iowa, including signs of wild birds, maggots and flies. Hillandale Inspection Report, Wright County Egg Report

Nine Max & Erma's restaurants closed due to rent concessions that were not met. The closings leave the chain with 52 company-owned restaurants and 26 franchised locations, reported Business First of Columbus. Full Story (Free Registration Required)

Global News

Smashburger partnered with consulting service Bridging Culture Worldwide to lead its expansion into South Korea and sign its first South Korean multi unit franchise development agreement in 2011. Full Story

Global Franchise Group, LLC's subsidiary for the Marble Slab Creamery brand signed a master franchise agreement with Miteco Pacific for its expansion into Australia, calling for the development of at least 30 Marble Slab Creamery stores over a 10-year term. Full Story

Subway could double the number of its franchised food-to-go operations in convenience stores in the UK and Ireland over the next two years, reported Independent Retail News. "I can see it going up to a couple of hundred by the end of 2012," stated Paul Heyes, Subway's development manager. Full Story

Market News

Peanut stocks reported in commercial storage on July 31 totaled 1.83 billion-lbs. of equivalent farmer stock, compared with 2.13 billion-lbs. a year ago. Utilization by type was 106 million-lbs. for all peanut butter products, 28.7 million-lbs. for peanut candy and 33.7 million-lbs. for snack peanuts. Peanut Stocks and Processing Report

The annual Farm Progress Show commenced as unease over continued consolidation in the agricultural market remains, coinciding with rising crop prices, expectations of a near-record U.S. crop harvest and a booming export market for the U.S., reported The Wall Street Journal. While farmers worldwide are moving towards the "Big Ag" model of intensive farming, the domestic sector is rethinking its operations after bouts of food inflation and ongoing consolidation make agriculture a focus of antitrust regulators. Full Story (WSJ Subscription Required)

USDA will release its Agricultural Prices report on Aug. 31 at 3:00 p.m. EST. View Report

Cocoa may decline by as much as 12% by the end of October after falling through this year's support level, according to a technical analysis by independent analyst Jim Stellakis, reported Bloomberg BusinessWeek. Full Story

USDA's Risk Management Agency (RMA) will offer an organic price election for four crops during the 2011 production year. RMA is also eliminating a current 5% surcharge for organic crops insured under 10 crop insurance programs. Full Story

FAS will charge a fee of $150 for the 2011 tariff-rate quota year for each license issued to a person or firm authorized by USDA for the importation of certain dairy articles subject to tariff-rate quotas. Full Notice

An associate professor of food science at Purdue University developed a system that detected E. coli in ground beef in one hour using Fourier transform infrared spectroscopy. Full Story

NMFS proposed specific measures for the implementation of Amendments 20 and 21 to the Pacific Coast Groundfish Fishery Management Plan, which would establish a trawl rationalization program for the Pacific Coast groundfish fishery and establish fixed allocations for limited entry trawl participants. Full Notice

 

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When: Sept. 26 – Oct. 1, 2010
Who: The class is designed for owners, regional directors, store managers and supervisors.

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