Food retailers have little time to keep on top of business intelligence. The Food Institute allows its retailer members to have more time taking care of the business by offering brief, concise and timely reports on the trends and developments they need to know about.
CDC expanded its warning regarding romaine lettuce to include all types of the product, including whole heads, hearts, chopped, and salads and salad mixes containing romaine sourced from Yuma, AZ. The expanded warning was issued after new E. coli illnesses reported in Alaska were linked to whole heads of romaine lettuce from the growing region. Full Story
Heini's Cheese rebranded as Bunker Hill Cheese, featuring new packaging with a more streamlined, classic look. The rebranding is expected to give the company greater national appeal, reported The Times Reporter. Full Story
Target will install electric car charging stations in the parking lots of more than 100 stores over the next two years. The chain currently has electric vehicle stations at 18 sites across California, Hawaii, Minnesota, North Carolina and Texas. Full Story
The global low-fat dairy beverages market is expected to grow at a CAGR of 3% through 2022, according to research by Technavio. The introduction of new flavors is one of the key emerging trends driving the market, while one of the major growth drivers is the increase in health consciousness among consumers. The low-fat milk segment held the largest market share in 2017, and the fastest-growing product is low-fat yogurt drinks. Full Story
McCall Farms Inc. voluntarily recalled Happy Harvest spinach in 13.5-oz. cans due to potential peanut contamination due to product mislabeling. The product was sold at Aldi stores in 16 states. Full Story
Whole hard-shell lobster prices rose as high as $15 a pound this spring, up from about $8 a pound last year. The price increases are due to a shortage created by a combination of bad weather, international demand and iced-over Canadian fisheries, reported The Boston Globe. Full Storyread more
Upper Saddle River, NJ - Food industry M&A hit a record total in 2017, reaching its highest point in over 15 years, according to The Food Institute’s recently released Food Business Mergers & Acquisitions 2017 report. Total deals for the year climbed to 591, moving well past 2016's high of 505 deals, but still remaining under 1999's record 813 deals.
Currently, the U.S. is contending with a salmonella outbreak linked to shell eggs and an E. coli outbreak linked to romaine lettuce. Although neither has claimed a life as of press time, experienced food industry professionals know that tainted food can cause significant losses of life and productivity. In fact, the...read more
Consumer trends have been shifting to the perimeter of the supermarket, as shoppers opt for more fresh and unprocessed foods. However, the center store is still important to customers, particularly the upcoming Gen Z generation, which is increasingly influencing grocery purchases.read more
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