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Industry
News
Ahold intends to divest 46 Tops supermarkets
in Northeast Ohio. This geographically separate
region is no longer considered a core part of Tops'
market area, which is concentrated in New York and Pennsylvania.
Full
Story
The number of organic farms in the U.S. - an estimated
10,000 - is increasing, but not fast enough
to keep up with consumer demand for organic products.
As a result, organic manufacturers are looking for ingredients
outside the U.S. in places like Europe, Bolivia, Venezuela
and South Africa, reported TheState.com. Full
Story
Kosher food marketer Manischewitz is expanding
efforts to reach mainstream shoppers and has launched
its first campaign aimed at the general market, reported
The New York Times On The Web. The goal is to
encourage consumers to ask grocers and other retailers
to stock Manischewitz items not in the smaller kosher
sections of stores, but in the more heavily trafficked
aisles devoted to broad product categories like soup,
crackers, noodles and sauces. Full
Story (Free Registration Required)
Equity firm Key Principal Partners is selling Ampac
Packaging, LLC to a group led by Prudential Capital
Group and Falcon Investment Advisors, reported dBusinessNews.
Ampac is a leading producer of high-volume paper and
plastic packaging products, including upscale shopping
bags for national retailers and other specialty food
and consumer packaging products. Full
Story
A subsidiary of the Japanese retailer FamilyMart Co.,
Ltd., FAMIMA Corporation plans to have a total of
250 U.S. stores by 2009. On July 14th, the sixth
Famima!! store opens in Hollywood, CA. Full
Story
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New
Date! "The
Future of Food Retailing"
Webinar
Presented
by Willard Bishop and The Food Institute
- July 12,
2006 1:00 Eastern Time
The
food retail marketplace is changing rapidly.
Join us for this updated look at The
Future of Food Retailing as we prepare
you to take full advantage of the changes
in the food retail marketplace. Click
here for details. Find out:
What
is the current state of the food retail
industry? What are the projections for
2010?
How
can I determine whether or not I'm am
positioned to succeed?
What
are the emerging challenges of the food
retail marketplace?
Where
should I focus my efforts to ensure a
solid footing in the new marketplace?
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Latest
sales & earnings for food related companies
(Updated Daily)
Gluten-free foods and beverages sales are expected
to top $696 million in 2006, with an expected growth
of 25% over the next four years, according to a report
from Packaged Facts. The demand has grown as
more than three million Americans have been diagnosed
with celiac disease. Full
Story
 Kellogg's
has big ambitions to target China, but typical western
breakfasts, such as cold cereal with milk, are not popular
in Asia. As a result, the firm will tailor its products
to local tastes and plans to buy a local, yet unnamed,
Chinese food firm and is looking at buying other local
cereal and snack firms for regional growth, reported
BBC News. Full
Story
Throughout the southwest suburbs of Oregon, growing
numbers of new or extensively retooled grocery stores
are responding to customer demand by providing as standard
fare what not long ago would have been considered luxury
items, such as gas-fired pizza ovens, on-site gourmet
chefs and wine and cheese stewards. Increasingly, the
products on the store shelves have local connections,
reported OregonLive.com. Full
Story
BusinessWeek Online examines State & Main,
which specializes in helping individuals open diners,
by securing funding, developing business plans and organizing
front-of-the-house operations. Full
Story
Trader Joe's leased two stores in the Atlanta, GA
area, the first of up to a dozen locations the specialty
food retailer may open in the city, reported Atlanta
Business Chronicle. Full
Story (Free Registration Required)
In response to a recent Stagnito Daily Brief survey,
41% of respondents agreed with the statement, "The Middle
East represents is a significant new consumer market
for the U.S. food industry, despite regional conflicts,"
while 59% disagreed.
Biscotti's Ice Cream & Coffee, a gourmet coffee,
ice cream and sandwich shop, opened its second location
in Lee County, FL and plans to have another store in
Collier County, FL by year end, reported The News-Press.
Full
Story
International News
Saputo Inc. entered into an agreement
to acquire the activities of Boulangerie Rondeau Inc.
and Biscuits Rondeau Inc. Privately held Boulangerie
Rondeau and Biscuits Rondeau produce fresh tarts and
cookies under the Rondeau, Big Daddy, Original, Authentic,
and Good and Simple brands, as well as under store labels.
Full
Story
Australian wine exports rose 12% to a record 738
million liters in the 2006 financial year, but the
average price per liter fell by 9%. Growth in exports
to China and Sweden were key contributors to the rise
in total volume and value. Full
Story
KFC plans to open 100 drive-throughs in China in
the next three years. The fast food chain just opened
two new drive-throughs, bringing the total to four in
China, reported China View. Full
Story
Spain recorded its first case of bird flu, reported
New York Daily News. Full
Story
Concerned
About Avian Influenza?
A
New Primer From Olsson, Frank & Weeda,
PC, and FI Can Help
Since
2003, Avian Influenza has caused over 194
illnesses - of which 109 people have died.
Do you know what this means for your business?
What controls are in place to prevent its
introduction into the U.S.? What is the
World Health Organization doing about Avian
Influenza? Find out in a new primer on Avian
Influenza from The Food Institute and Olsson,
Frank & Weeda, PC. Click
here for details.
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Tesco is remodeling its Tesco Express convenience
stores in the UK to try to make them more acceptable
to local communities. The new-look will be part of Tesco's
community plan, a 10-point program designed to make
it a "good neighbor" and underline its green credentials,
reported Guardian Unlimited. Full
Story
The amount of fat most Canadians eat on a daily
basis has declined over the past 30 years, but about
one in five still get too many of their calories from
fat, according to Statistics Canada's Canadian Community
Health Survey on nutrition. Many Canadians, especially
children, aren't eating nearly enough vegetables and
fruit and also aren't meeting the daily recommended
intake for calcium-rich dairy products, reported National
Post. Full
Story
Health News
It may be possible
to develop a blood test for mad cow and related disease
in both humans and animals, according to a recent
study published in journal Science. This test would
allow animals to be tested before they enter the food
system. Full
Story
Market News
Rising fuel prices are taking a toll on Michigan's
agriculture industry by eating away at profits and
forcing many farmers to spend huge amounts on fuel and
petroleum-related supplies, but farmers can't pass the
expense to consumers. The effect, federal officials
say, will be a drop in per-farm income this year, reported
Detroit Free Press. Full
Story
Aid will be provided to West Coast commercial
salmon fishermen after facing their worst season
due drought and natural disaster. This summer federal
regulators allowed fishing only in May and set weekly
catch limits to ensure the return of salmon this fall
to reproduce, as a result fishermen are at only 4% of
their normal rate, reported The
Los Angeles Times.
Full Story
(Free Registration Required)
The Department of Commerce is initiating a new shipper
review of fresh garlic from China. Full
Notice
The Department of Commerce determined that frozen fish
fillets produced by Lian Heng Trading Co. Ltd. and Lian
Heng Investment Co. Ltd. are circumventing the antidumping
duty order on frozen fish fillets from Vietnam.
Full
Notice
The Department of Commerce preliminarily determined
that sales of certain preserved mushrooms from China
have been made below normal value with respect to Guangxi
Eastwing Trading Co., Ltd., covering the period Feb.
1, 2005 through Aug. 15, 2005. Full
Notice
The Department of Commerce is conducting an administrative
review of the countervailing duty order on certain
in-shell roasted pistachios from Iran for
the period Jan. 1, 2004, through Dec. 31, 2004. Full
Notice
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