![]() | ![]() |
| Industry News | Food Institute News | International News | Health News | Washington News | Market News | |
| The Food Institute, 10 Mountainview Road, Suite S125, Upper Saddle River, NJ 07458 Phone: 201-791-5570 Fax: 201-791-5222 www.foodinstitute.com | |
February
08, 2012Industry NewsThe "mobile-ization" of grocery shopping is underway, according to a Brick Meets Click paper, "Mobile-izing" Grocery Shopping. Smartphone apps and hand-help scanners are moving into more supermarkets and more shoppers hands, and moving the actual point-of-sale away from the front of the store and into the aisle. Modiv Media addresses the relevancy risk posed by too much information by combining retailer information on shopper segmentation and past purchases with Modiv MediaHub. Full Story The Daily Update is a substantially abbreviated version of Today In Food. You can get a subscription to Today In Food, which usually has over 30 news items each day, as well as access to the archives for just $49.95 per year. Click here to sign up. New!
The Feb. 8 edition of New Products Hits and Misses with Phil
Lempert evaluates: Victoria's Kitchen Almond Water Almond Flavor; General
Mills Cheerios Dulce de Leche; Want'ems Wonton Chips Original; Simplified Foods
Simple Squares Coconut, Nut & Numerous food retailers were named on EPA's Top 20 Retail list of the largest green power purchases including: Wal-Mart Stores, Inc. (No. 2); Whole Foods Market (No. 3); Starbucks (No. 4); and Ahold USA (No. 7). Full Story Wal-Mart stores ranked No. 3 on EPA's National Top 50 list of the largest green power purchases and Whole Foods Market came in at No. 4. Full Story Edible Arrangements plans to sign 185 new franchise agreements and open 125 total new stores in 2012 including 18 international units, most of which are slated to include the Edible To Go extended product line. The company opened 86 stores in 2011. Full Story About 19% of Valentine's Day shoppers will purchase candy, according to PriceGrabber's Valentine's Day shopping survey. About 54% of consumers will buy gifts in a brick-and-mortar store. Thirty-four percent will shop online, 2% will shop using a mobile phone and 1% will shop using an electronic tablet. Full Story SuperValu Inc. will reduce its national workforce by an estimated 800 positions, with the majority to take place by the close of the company's fiscal year on Feb. 25. Full Story Latest sales & earnings for food related companies (Updated Daily - FI Membership Required)
Food Institute News
* Members only International NewsCargill plans to invest close to $26 million in its cocoa and chocolate facilities in Berlin, Germany to upgrade and expand its cocoa and chocolate capabilities. Full Story
Health NewsAbout 90% of Americans eat more sodium than is recommended for a healthy diet, according to CDC's Vital Signs. About 65% of sodium eaten comes from food bought at retail stores and about 25% comes from restaurants, while more than 40% of sodium also comes from 10 types of foods including breads and rolls, cold cuts and cured meats, soups and snacks. Full Story
Washington NewsThree U.S. consumer groups petitioned FDA to subject genetically engineered salmon to a more rigorous review process than is now in place before the fish can be approved as safe to eat. The fish at issue is currently classified as a new animal drug for the purposes of FDA review; the petition calls for the salmon to be classified as a food additive instead, which would require a more rigorous FDA review, reported Reuters. Full Story Real Mex Restaurants, Inc.'s board approved a bid to acquire virtually all assets of the company and its subsidiaries from a newly created entity associated with some of the company's noteholders including affiliates of Tennenbaum Capital Partners, Z Capital Partners and J.P. Morgan Investment Management. A sale hearing is scheduled for Feb. 10 at which the bankruptcy court will be asked to approve the bid. Full Story
Market NewsCalifornia's 2011-2012 navel and mandarin citrus crops were cut by an estimated 10% to 25% due to two nights of frigid temperatures in mid-January across portions of Fresno and Madera counties. Between 40% to 100% of crops were lost in the coldest locations in those counties. The freeze could reduce the amount to 74 million cartons, reported Western Farm Press. Full Story |
|
|
| FI's Mission: The Food Institute strives to be the best "single source" for current, timely and relevant information about the food industry from "farm to fork." The association serves as a trusted source of information, providing balanced coverage of the issues. It delivers information through multiple media so that industry professionals worldwide can tap in when and how they choose. For more information, visit, http://www.foodinstitute.com. |
![]()