September 02, 2010

 IGA Chairman Perspective

Raising Funds for Special Olympics with Bozzuto's Dream Ride

A message from...
Dr. Tom Haggai
Chairman
IGA, INC.

A week ago this Sunday I had the good fortune to be present when IGA Licensed Distribution Company Bozzuto's, Inc., hosted their annual charity motorcycle ride and car cruise in Farmington, Conn. This very special event has been raising funds for Special Olympics in the Northeast for 10 years now, and having attended all 10 of the Dream Ride events, I can honestly say that you'll seldom find a more enjoyable and heartwarming way to spend a day. Even this year with the pouring rain, more than 2000 people from all over the Northeast traveled to Farmington to participate in the two day event, then stuck around for a day filled with inspiring moments shared with the Special Olympic athletes in attendance.

There were bikers and car enthusiasts from all walks of life. In the course of the day I met a construction worker, a young professional and a surgeon. While on the surface they seemed to have nothing in common, they were in fact united by one common goal—they were all there to help Special Olympics continue its mission to contribute to the lifelong development of children and adults with intellectual disabilities. When all was said and done, this year's Dream Ride event raised more than $200,000 for Special Olympics programming in the Northeast, bringing the total funds raised by Bozzuto's Dream Ride events to just under $1.2 million in 10 years time.

As always, it was heartening to see so many contributing their time and effort to help fund Special Olympic programs, and it was equally heartening to see the IGA Red Oval logo everywhere I turned. All of us at IGA owe the Bozzuto's family a huge debt of gratitude for linking our brand with this cause for so many years now. It is dedication to worthy causes—be it on a local, regional, national or global level—that has made this brand what it is today.

Yours devotedly,

Tom Haggai

 


Retail News

The global grocery industry continues to utilize social media in an attempt to gain market share, according to Pace Communications. In terms of Facebook, Target leads the list with 1.6 million followers while Whole Foods has the most Twitter followers. Full Story, U.S. List, UK List

The Pantry, Inc. signed a definitive agreement to acquire 47 convenience stores from Presto Convenience Stores, LLC, with 44 stores located in Kansas and three stores in Missouri. Full Story

Great Atlantic & Pacific Tea Co. is considering selling its Food Emporium stores to rid itself of some assets and boost its liquidity, according to people familiar with the matter, reported The Wall Street Journal. Full Story (WSJ Subscription Required)

Walgreen Co. reached a definitive agreement with Graymark Healthcare Inc. to acquire the assets of 18 ApothecaryRx pharmacies located in Colorado, Oklahoma, Minnesota, Missouri and Illinois. Full Story

The Fresh Market will open a 77,128-sq. ft. location in Montvale, NJ, its first in the state, reported NorthJersey.com. Full Story

Inland Real Estate Corporation acquired a 61,048-sq. ft. Copps Food Center in Sun Prairie, WI for approximately $11.7 million. Full Story

New Store News: Sheetz opened a store in Forest, VA. Full Story

Big Y Foods Inc. now features NCR Corporation's automated deli ordering kiosks in 18 stores throughout New England. All future Big Y stores will also install the combined NCR kiosk software and hardware solution. Full Story

Weis Markets launched its third annual Fight Hunger Food Drive. Full Story

Manufacturer News

The global market for food safety testing products is projected to reach $11.4 billion by 2015, stated a report by Global Industry Analysts, Inc., Food Safety Testing: A Global Strategic Business Report. The market is driven by globalization of food supply trade, growing concerns for food safety, technological advancements, increased focus on microbial pathogens and the emergence of rapid microbial tests. Full Story

Coca-Cola redesigned its cokesolutions.com website, reported QSR Magazine. Full Story

Tribe Mediterranean Foods launched the All Natural Food Finder, an Apple iPhone app that allows users to locate natural food stores and farmer's markets based on their current or pending location. Full Story

Frontier Beverage Co. partnered with The Honickman Organization to distribute Unwind in the mid-Atlantic region. Full Story

New Product News: Turkey Hill Dairy launched Blitzburgh Crunch ice cream. Full Story ... Peet's Coffee & Tea unveiled Alta de Dota Single Origin Special Roast for a limited time. Full Story

Foodservice News

Burger King Holdings, Inc. entered into a definitive agreement under which affiliates of 3G Capital will acquire the stock of the company for $4 billion. The transaction is expected to close in the fourth quarter of this calendar year. Full Story

Globe Food Equipment Company acquired Commercial Pro International's line of countertop cooking equipment, which includes electric fryers and griddles, sandwich, Panini and roller grills, an electric soup kettle, induction range, conveyor toaster, rice cooker, and a food warming lamp. Full Story

Restaurant Roundup: Johnny Rockets introduced 17 Deluxe Shakes. Full Story ... Jack in the Box launched a Pastrami Grilled Sandwich. Full Story ... Starbucks introduced the Starbucks Card Mobile App for BlackBerry smartphones. Full Story

Health News

Organic produce has more nutrients than conventionally grown varieties, according to a Washington State University study focused on strawberries and published online in PLoS ONE. The research found the organic strawberries were more nutritious, left the soil healthier and had longer shelf life than conventionally grown produce, reported The Seattle Times. Full Story (Free Registration Required), Full Study

Washington News

Federal authorities in Chicago charged six companies and 11 people in a honey-importing conspiracy that allegedly mislabeled the Chinese import to avoid nearly $80 million in customs taxes, reported Chicago Sun-Times. Full Story (Free Registration Required)

Trinh Company issued a voluntary recall of approximately 2,070-lbs. of cooked shredded pork skin products because the products were produced without the benefit of federal inspection. Full Story

The Department of Commerce is conducting an administrative review of the antidumping duty order on polyethylene retail carrier bags from Thailand. The review covers five exporters/producers, and the period of review is Aug. 1, 2008, through July 31, 2009. The Department preliminarily determined that sales were made below normal value by companies subject to this review. Full Notice

Global News

The UK government made changes to departmental responsibilities for food labeling policy. The Food Standards Agency will retain responsibility for food safety aspects of labeling, but in England other responsibilities will go to the Department for Environment, Food and Rural Affairs. Responsibilities for nutrition labeling will also move to the Department of Health at a later date. Full Story

Coca-Cola Co. bought Nidan, a juice producer in Russia. Nidan's product facilities in Moscow and Novosibirsk make and distribute brands Moya Semya, Da! and Caprice, reported Bloomberg BusinessWeek. Full Story

Japanese retailer Aeon Co. is among contenders for Carrefour SA's combined 69 stores in Singapore, Thailand and Malaysia, along with Tesco PLC and France's Casino in a deal worth roughly $1 billion, reported The Wall Street Journal. Full Story (WSJ Subscription Required)

The Korean Ministry of Food, Agriculture, Forestry and Fisheries extended its current organic labeling regulations for imports until Dec. 31, 2012. The U.S. exports about $55 million in organic products to the country. Full Story

Register Today! The Food Institute and Olsson Frank Weeda Terman Bode Matz PC will jointly present a three-part webinar series entitled Food Labeling: What You Need To Know. Presentations are slated for Tuesdays in September (9/14, 9/21 and 9/28) from 12pm - 2pm ET each day. A variety of topics specific to the latest trends and rules of labeling food products for consumption in the U.S. will be covered. Guest speakers will include distinguished personnel from the FDA, grocery associations, healthcare law firm, advocates for health and nutrition, experts in nutritional analysis and more! Please click here for more information and to register.

Market News

Fiscal 2011 agricultural exports are forecast at $113 billion, up $5.5 billion from the revised 2010 forecast, according to ERS. Much of the increase is due to greater grain and feed shipments (up $4.3 billion from the revised 2010 forecast) due to sharply reduced competition from Russia, Kazakhstan and the Ukraine. Horticultural exports are forecast up $1.7 billion from 2010 on strong demand from Canada, the EU and Asian markets. Full Report

Cold weather in Argentina may cause a gap in blueberry production, especially with Michigan and British Columbia winding down earlier than usual, stated Ulises Sabato, owner of Blueberries SA, reported The Packer Online. Full Story (Subscription Required)

Wheat prices are rising again as the U.S. gains favor among the world's biggest consumers of the grain, eclipsing France as sellers in the two nations have been locked in a battle for the markets ceded by Russia. France is Europe's biggest grower, but already sold about half of wheat available for export, reported The Wall Street Journal. Full Story (WSJ Subscription Required)

USDA will release its Vegetables report on Sept. 2 at 3:00 p.m. (EST). Full Report

Colombia's coffee harvest may decline in 2011 after wet weather caused the worst outbreak of a plant-damaging fungus in a quarter of a century, reported Bloomberg BusinessWeek. Full Story

Butterball's Kinston, NC-based facility was "heavily" damaged in a fire. The plant processes bulk and prepackaged sliced turkey products, reported ENC Today. Full Story

Raw-sugar futures advanced to a five-month high in New York as dry weather threatened to damage the crop in Brazil. The sugar-cane harvest in Brazil's Center South may be less than the 570 million metric tons forecast last week if dry weather persists, reported Bloomberg.com. Full Story

Ball Corporation plans to consolidate the production equipment in its Richmond, British Columbia, plant into other company manufacturing facilities. The Richmond plant, which produces steel food cans for the Alaskan and Canadian salmon industry, will cease production during the first quarter of 2011. Full Story

Federal agriculture inspectors at the ports of Los Angeles and Long Beach found leafhoppers in a shipment of pineapples, reported The Associated Press. Full Story

The official California Granny Smith apple crop estimate still stands at 2.95 million cartons, 31% more than last year, but could be closer to 3.1 million or 3.2 million, stated Alex Ott, executive director of the California Apple Commission. Shipments are about 10 or 12 days later than normal, reported The Packer Online. Full Story (Subscription Required)

The Department of Commerce is issuing amended final determinations that include dusted shrimp within the scope of the antidumping duty investigations of certain frozen warmwater shrimp from Brazil, Ecuador, India, China, Thailand, and Vietnam. Full Notice

 

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