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Posted on February 27, 2015 by Bryan Wassel

While economic stress has taken its toll on the family restaurant industry, cheaper gas prices and improving employment are improving prospects. For the past several years casual dining has been losing customers to the booming fast casual industry ... Read More

Posted on February 27, 2015 by James Hickey

While the recent preliminary settlement has been reached with dock workers and West Coast port operators, monthly shipment reports from California shows the damage that was done to certain segments of the dried fruit and but industries. Raisin shi ... Read More

Posted on February 26, 2015 by Jennette Zitelli

Americans may be known for their love of coffee, but tea is on its way to becoming just as popular. Tea consumption has grown 20% in the U.S. since 2000, according to a study by YouGov, and young consumers are leading the trend. Americans between ... Read More

Posted on February 26, 2015 by Chris Campbell

The 2015 Dietary Guidelines for Americans has some very specific verbiage about what we eat: "On average, current d ... Read More

Posted on February 26, 2015 by Brian Todd

Ambiguous laws can cause problems for businesses and individuals. This is borne out by the recent Supreme Court decision in Yates vs U.S.  Much to the chagrin of federal prosecutors, the Court ruled on Feb. 25 that the anti-shredding provisio ... Read More

Posted on February 25, 2015 by Brian Todd

Food Institute board member, C. Winston (Win) Taylor, will be feted at Saint Joseph’s University’s second annual Food Marketing Hall of Honor Day on April 21, for his achievements and contributions to the food industry. “This is ... Read More

Posted on February 24, 2015 by James Hickey

According to IRI, a Chicago-based market research firm, supermarket sales for five selected products was down 1.24% for dollar sales while increasing 1.27% in unit sales for 52-week period ending Jan. 25.  Dollar sales totaled $2.28 billion f ... Read More

Posted on February 24, 2015 by Bryan Wassel

While 80% of shoppers use lists, 74% still make a combination of planned and unplanned purchases, according to the NPD Group's Bites of Insights: The New Grocery Shopper. Shoppers are more likely to add items to their lists when they fall ... Read More

Posted on February 23, 2015 by Chris Campbell

The long-standing West Coast port labor dispute has come to a close as ports began to resume full operations on Saturday, Feb. 21. Although the final agreement must be ... Read More

Posted on February 23, 2015 by Jennette Zitelli

The Federal Trade Commission filed a complaint to block the proposed merger of Sysco and US Foods, stating that it wo ... Read More

Posted on February 20, 2015 by Bryan Wassel

While the primary reason active Whole Foods Market customers sometimes shop at other stores is for lower prices, other factors can also drive them to alternatives. Simply following common market trends, such as the increased availability of natura ... Read More

Posted on February 20, 2015 by James Hickey

While new GMO apples were recently approved by the USDA, they will not be hitting grocery stores anytime soon. Developed by Okanagan Specialty Fruits Inc. (OSF), the USDA approved on Feb. 14 two apple varieties that have been genetically engineere ... Read More

Posted on February 19, 2015 by Jennette Zitelli

Food processors are always one of the most active categories in the industry when it comes to mergers and acquisitions, and this year was no exception. With 60 more deals in 2014 than the year prior, manufacturers were responsible for over 30% of ... Read More

Posted on February 19, 2015 by Chris Campbell

Five years ago, the nation’s top nutrition advisory panel advised that cholesterol remain a “nutrient of concern” in food and food products due to its connection to heart disease, diabetes and other illnesses. This declaration co ... Read More

Posted on February 17, 2015 by Jennette Zitelli

Consumers’ increasing interest in value, even after the recession, has changed perceptions of private brands. Between January and November 2014, 30% of new U.S. food and drink product launches were private label, according to Mintel. Many pe ... Read More

Posted on February 17, 2015 by James Hickey

The USDA purchased about $9.7 million of bottled juices Feb. 13. A total of 695,895 cases of seven different types of juices were purchased for the federal food assistance program. The products purchased include 231,650 cases of 8/64-oz. apple jui ... Read More

Posted on February 13, 2015 by Bryan Wassel

The Kellogg Co.'s breakfast food sales declined 7.7% in fourth quarter 2014, which CEO John Bryant attributed to changing views among weight watchers hurting its flagship Special K brand. While healthy eaters previously turned to Special K, it was ... Read More

Posted on February 13, 2015 by Bryan Wassel

J.M. Smucker Co.'s performance in its third quarter was hurt by lower volumes in its coffee division, which were down 9.2% in the 12 weeks ending Jan. 28, according to Morgan Stanley Research. The company attributed the declines in Folgers coffee ... Read More

Posted on February 13, 2015 by Chris Campbell

U.S. frozen fruit imports grew to 523.4 million-lbs. in 2014, representing a 13% increase, according to the most recent U.S. Trade reports ending Dec. 31. Value also soared by 20% in a year-to-year comparsion, totaling $455.4 million. The growth w ... Read More

Posted on February 13, 2015 by Jennette Zitelli

Snyder’s-Lance is revamping its image to align the company with consumers’ growing interest in healthy snacking. The global snacking market is worth more than $374 billion annually, according to Nielsen, and health and nutrition p ... Read More

Posted on February 13, 2015 by James Hickey

Exports for frozen and canned vegetables had healthy growth in 2014. According to the most recent U.S. Trade reports ending Dec. 31, canned and glass vegetable exports rose 7% in volume and 6% in dollar value. A total of 542.4 million-lbs. was exp ... Read More

Posted on February 12, 2015 by Chris Campbell

For 14 weeks, 29 West Coast port terminals from San Diego to Seattle have been operating at a diminished capacity as the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) negotiate new contracts for all ... Read More

Posted on February 09, 2015 by Bryan Wassel

Consumer demand for health is still strong, and the willingness to pay more for exactly what they want is growing. While AlixPartners found the average consumer would pay 6.2% more for a product that had the specific health benefits they were look ... Read More

Posted in Millennials  
Posted on February 09, 2015 by James Hickey

Prices for canned green beans rose to its highest last month in the past seven years. Retail prices for 24/300 cut green beans increased to $12.35 per case for January, up from $11.75 per case the previous month. While the price of 24/300 raised s ... Read More

Posted on February 09, 2015 by Jennette Zitelli

CKE Restaurants estimates that updating its locations to comply with FDA’s new menu labeling regulations will cost around $500-600 a restuarant, which could add up to a total of about $1.7 million for its whole network of stores. This shows ... Read More

Posted on February 06, 2015 by Bryan Wassel

Technomic's 2015 Center of the Plate: Beef & Pork Consumer Trend Report shows a significant demand for pork and beef products, with the majority  of consumers eat beef and pork either as an entree, entree topping or ingredient at ... Read More

Posted on February 06, 2015 by Chris Campbell

Over 140 million-lbs. of avocados were shipped into the U.S. for the Big Game on Feb. 1. The first produce-related advertising spot ever aired during the game compliments of Avocados from Mexico, and by most reports, it was one of the best of the ... Read More

Posted on February 04, 2015 by John Dunham

The American poultry industry is a $470 billion mega-industry employing over 1.814 million people and generating $32.9 billion in government revenue.  We know this because we just completed an economic impact study of the industry and its com ... Read More

Posted on February 04, 2015 by Bryan Wassel

Earlier expectations that Dollar Tree Inc. would only need to divest 300 stores to gain FTC approval for its merger with Family Dollar Stores Inc. may have proven wrong, and the Federal Trade Commission is now reviewing more than 500 stores, repor ... Read More

Posted on February 04, 2015 by Jennette Zitelli

The J. M. Smucker Company entered into a definitive agreement to acquire Big Heart Pet Brands for approximately $5.8 billion. This acquisition will aid Smucker in its goal of owning “leading food brands in attractive center-of ... Read More

Posted on February 04, 2015 by James Hickey

The comeback of pork continued with it now being the second most produced meat in the U.S. Pork recently surpassed meat to land in second behind chicken. According to the USDA, pork production will climb this year to a record 23.91 billion-lbs., a ... Read More

Posted on February 04, 2015 by James Hickey

To alleviate a glut in the cranberry market, USDA made three separate purchases of about 3.9 million cases of cranberry products for distribution in federal food assistance programs worth a total of $54.9 million. Between the 2014 cranberries crop ... Read More

Posted on February 04, 2015 by Chris Campbell

The Institute of Medicine (IOM) recommended that white potatoes be reinstated for use in the Special Supplemental Nutrition Program for Women, In ... Read More

Posted on February 03, 2015 by Jennette Zitelli

The Food Institute recorded 503 mergers and acquisitions in the food industry in 2014, a 61.7% increase from the previous year. Activity in the industry more than doubled in the first quarter of 2014 compared with the same period the previous year ... Read More

Posted in mergers   Food Industry  
Posted on February 03, 2015 by Brian Todd

The food industry is gearing up for the Millennials who recently surpassed Baby Boomers as the largest segment of the U.S. population but whose eating habits are much different.  As noted in the upcoming Demographics Of Food Spending ... Read More

Posted in Millennials  
Posted on February 03, 2015 by Bryan Wassel

Costco has had some success with its organic options in recent years, and is in a position to overtake WHOLE FOODS MARKETS and TRADER JOE’S as the number one organic retailer in the country. With about $3 billion in U.S. organic retail sales ... Read More