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Industry
News
The Food Institute and iLumen, Inc. announced
a relationship to provide access to the iLumen Financial
Information Network and deliver a benchmarking service
to its members. Full
Story

The Taco Del Mar chain of Mexican-food restaurants
is expanding eastward, with plans to open 100 locations
by year's end stretching as far as Toronto and possibly
Connecticut, adding to its current 235 stores reaching
from Hawaii to Orlando, FL. In 2008, the company is
looking to Australia and maybe India, reported The
Seattle Times. Full
Story
Seventy-two percent of U.S. consumer products companies
are optimistic about the U.S. economy over the next
12 months, up from 64% last quarter, according to
PricewaterhouseCoopers' Retail & Consumer Industry
Practice's Consumer Products Barometer. While most
companies are investing in information technology (66%)
and marketing sales/promotion (58%), survey respondents
cite new product/service introductions (56%) and advertising
(48%) as two other areas for major investments. Full
Story

Investor's Business Daily takes a look at how
Craig Sturken brought Spartan Stores back on solid financial
footing since he took over in March 2003. For nine
of the past 10 quarters, earnings have grown at double-
and triple-digit rates. Furthermore, for the past three
quarters, sales have risen by at least 13%. Full
Story
Coca-Cola is trying to shift obesity focus off its
drinks arguing that even a 150-calorie can of Coke is
an acceptable choice for some depending on their
level of exercise. Coke Zero, which boasts Coke Classic
flavor with no calories, is part of a new wave of drinks
CEO Neville Isdell argues should also be considered
part of the booming health and wellness beverage sector.
Coke has even begun to change the words it uses to describe
its drinks, tossing out the term "carbonated soft drinks"
in favor of sparkling beverages. Isdell's remarks about
obesity followed an hour-long address to the annual
conference of the Consumer Analyst Group of New York
in which he focused on Coke's plans to reverse years
of stagnant stock prices with a bevy of new non-carbonated
drinks, as well as innovative new diet soft drinks,
according to The Atlanta Journal-Constitution.
Full
Story (Free Registration Required)
Although
prescription drugs and other pharmaceuticals still account
for up to 70% of drugstore sales, chain drugstores
across the nation are increasingly offering food and
other nontraditional items while pitching convenience,
speed and low prices, in an effort to compete with
the discounters and grocery stores that now offer prescriptions
at a discount, reported The Detroit News. Full
Story
An affiliated portfolio company of Sun Capital Partners,
Inc., Souper Salad Inc. acquired substantially all
of the assets of Grandy's Inc. from Spectrum Restaurant
Group in a bankruptcy court auction. The sale includes
one Grandy's-owned store, four stores managed by Grandy's,
and the marketing, management, and operations of its
67 franchised restaurants. Grandy's will become a wholly-owned
subsidiary of Souper Salad. Full
Story
Cargill and The J. M. Smucker Company reached an agreement
in which Cargill will be licensed to manufacture
and market a set of foodservice oils and shortenings
under the Crisco Professional line of "zero
grams trans fat per serving" oils and shortenings.
The agreement initially features four distinct Crisco
Professional products that have been formulated to meet
the differing frying needs of foodservice operators.
Full
Story
Marco's Ah! Thentic Italian Pizza will
open up to 21 Marco's Pizzas in Atlanta, GA. The
company, which currently has 155 units across the U.S.,
plans to have units in 10 states by 2007, and 500 units
by 2010. Full
Story
Dairy product manufacturer, Dean Foods,
will refuse milk from cloned cows. The company cited
several surveys that showed Americans are not interested
in buying dairy products that contain milk from cloned
cows, reported Associated Press. Full
Story

The U.S. smoothie market earned more than $2 billion
from made-to-order and packaged smoothies, up more than
80% in the last five years, according to Mintel.
Smoothie companies have remained on track with current
food trends, utilizing "all-natural," low-calorie and
other key buzz properties to build sales. Full
Story
Latest
sales & earnings for food related companies
(Updated Daily)
Diaz Foods became a member of F.A.B., Inc. (Frosty
Acres Brands), a foodservice marketing and purchasing
cooperative for independent distributors. Diaz is a
distributor of Hispanic products in the U.S., providing
dry, refrigerated and frozen products to more than 3,000
customers in 26 states. Over 85% of the company's 6,000
items are imported from Latin-America. Full
Story
Neighborhood
grocers filling a need for convenience, such as the
Westlake Specialty Market, have opened in downtown Seattle,
and others are planned to target the growing residential
population in the area, reported Seattle Post-Intelligencer.
Full
Story
Tops Markets LLC is not requiring 650 former employees
to return extra payments included in severance and
vacation checks. The company overpaid the employees
by almost $400,000, according to United Food and Commercial
Workers Local 880, reported The Charlotte Observer.
Full
Story (Free Registration Required)
Freddy's Frozen Custard signed an agreement
with Piztro's restaurant to open up to eight Freddy's
locations in Phoenix and Las Vegas. Freddy's currently
has 11 locations throughout the U.S., with five others
under way, reported Wichita Business Journal.
Full
Story (Free Registration Required)
Shock Coffee, a hyper-caffeinated coffee with more
than 50% more caffeine than other gourmet coffees,
is now available in Canada. In addition to being
available across the U.S. and online, Ontario's consumers
can now purchase Shock Coffee's products at Euphoria
Smoothies' North Bay locations, reported CSP Daily
News. Full
Story
In response to a recent Stagnito Daily Brief survey,
22% of respondents agreed with the statement, "The
agenda of the new Democrat controlled Congress is good
for the food industry," while 78% disagreed.
The Philadelphia Navy Yard
is among the sites Tasty Baking Co. is considering for
a new bakery, as it looks for ways to upgrade its
manufacturing operations, raising the possibility that
it would close its 85-year-old facility in the Nicetown
section of Philadelphia, reported The Philadelphia
Inquirer. Full
Story (Free Registration Required)
Part of a wave of specialty food stores sprouting around
Palm Beach County, FL, Market Salamander is designed
to be more than just the latest hot spot for gourmets-on-the-go.
With inspiration from the traditional European marketplace,
the shop offers a little bit of everything: specialty
groceries, fresh produce, seafood from local day boaters,
pastries, and wine and beer to match any cuisine, according
to South Florida Sun-Sentinel. Full
Story
New
York-based Organic Juice USA, Inc. has been extremely
successful in the U.S. with Turkish organic fruit juices,
having attained almost $1.5 million in revenue in
15 months. The company's products are sold in 150 markets
in New York, New Jersey, Florida, Connecticut and Illinois.
Its latest accomplishment is that it entered Whole Foods
Market, according to Turkish Daily News. Full
Story
International News
Australia's supermarket retailer, Coles,
is to be sold or broken up. Coles Group said it
was considering several "ownership options" after a
downturn in sales at its key supermarkets division led
it to cut its profit forecasts by up to 10% for the
2007-08 financial year. Coles last year rejected a takeover
offer from a consortium of private equity investors
led by U.S. buyout fund Kohlberg Kravis Roberts, saying
it "substantially undervalued" the company and its earnings
prospects, according to The Australian. Full
Story
Canada-based Agricore United
and James Richardson International Limited
agreed to merge
to create Canada's
largest grain company with annual grain
shipments in excess of 14 million tons, and
an established presence in 50 countries. Full
Story
Health News

Some nutrition and health analysts say the preoccupation
with trans fats has gone too far, suggesting that
in some cases, trans fats simply are being replaced
with other unhealthful oils, reported USA Today.
Additionally, the nation's fixation with trans fats
is drawing attention away from other important reasons
Americans' diets are so bad for their hearts: they continue
to consume too many calories, too much junk food and
not enough fruits and vegetables, the analysts say.
Full
Story
Honeydew honey has higher levels of disease-fighting
antioxidants than the honey that bees make from
nectar, according to research published in the Journal
of the Science of Food and Agriculture. Honeydew honey
varieties come from bees who collect the sugary secretions
that insects leave on plants, reported HealthDay.
Full
Story
Washington News

Product
testing has confirmed the presence of the outbreak
strain of Salmonella Tennessee in opened jars of peanut
butter from Peter Pan and Great Value, obtained
from ill persons, according to the Centers for Disease
Control and Prevention (CDC). As of Feb. 21, 329 persons
infected with the outbreak strain of Salmonella Tennessee
have been reported to CDC from 41 states. Full
Story, ConAgra
Release
FDA updated and posted a number of guidance documents
that developed into a FDA Food Defense Awareness Initiative
called ALERT. This new ALERT initiative is intended
to raise awareness of state and local government agencies
and the food industry regarding food defense issues.
Full
Story
USDA
recently scaled back mad-cow testing by more than
90%, leading to closure of the mad-cow testing
lab at Washington State University in Pullman and
several others around the country. Meanwhile, the
agency backed off plans for a mandatory animal-tracking
system and now says the program will be voluntary,
reported The Seattle Times. Full
Story
Cub Foods and its parent company, Supervalu Inc.,
are accused in a lawsuit of fraudulently mislabeling
beef and selling it at a higher price, reported
Star Tribune. The lawsuit alleges that for
at least six years Cub Foods has systematically mislabeled
regular USDA choice beef as Black Angus, which costs
more than other beef. Full
Story (Free Registration Required)
Market News
The Florida Department of Citrus "suggestive sell"
campaign for orange juice, which was tested at 26 Perkins
in the northeastern U.S. in August 2006, will go nationwide
at the chain in May and June. The department offers
cash prizes and other incentives to servers and managers
at each restaurant who generate more OJ sales by suggesting
the beverage to breakfast customers. Last year's campaign
increased OJ sales by 2% at Perkins and as much as 8.4%
at other restaurant chains, noted The Lakeland Ledger.
Full
Story (Free Registration Required)
USDA
published Michigan: A State at the Intersection of
the Debate Over Full Planting Flexibility, which
looks at the elimination of the restriction on the planting
of fruit and vegetable crops which is likely to be a
major issue in congressional farm policy discussions
in 2007. Full
Story
A strong economy in Mexico led to a new record for
shipments of U.S. beef to the country. U.S. shippers
sold 668 million pounds of beef to Mexico last year;
however, overall U.S. beef exports have been hurt because
Asian countries have been slow to reopen markets. Of
those markets that have reopened, USDA forecasts a 25%
increase in beef exports this year, reported California
Farm Bureau Federation.
Global aquaculture continues to grow at an annual
rate of 9% to 11%, which presents a significant opportunity
for soy as an ingredient in fish feed. Overall,
aquaculture will consume an estimated 8 million to 10
million metric tons of soybean meal in the next decade,
reported Southeast Farm Press. Full
Story
Effective March 26, applicants petitioning for
approval for the use of substances in meat and poultry
products are to provide four copies of the petition
to FDA, rather than the three copies previously
required. FDA will then forward a copy of the petition
or relevant portions of the petition to FSIS so that
both agencies can perform the necessary reviews simultaneously,
thus reducing the time it takes to authorize a food
additive or color additive for use in meat and poultry
products. Full
Notice
Animal and Plant Health Inspection
Service amended the regulations to remove vapor heat
treatment as an approved treatment for bell pepper,
eggplant, Italian squash, and tomato moved interstate
from Hawaii. Full
Notice
National
Marine Fisheries Service (NMFS) prohibited directed
fishing for Pacific cod by catcher processor vessels
using pot gear in the Bering Sea and Aleutian Islands
management area. Full
Notice
NMFS reopened directed
fishing for pollock in Statistical Area 630 of the
Gulf of Alaska for 48 hours. Full
Notice
NMFS established the annual
harvest guideline for the commercial lobster fishery
in the Northwestern Hawaiian Islands for calendar
year 2007 at zero lobsters. Full
Notice
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