January 19, 2018
Leading the headlines today is a focus on
Bread and how it has petitioned the FDA to define an "egg." On
Friday, in conjunction with the launch of Panera Bread’s new breakfast
sandwiches featuring 100% real eggs, the company announced it is looking
for the FDA to establish a clear definition for the term “egg.” Panera’s
standard sandwiches feature “100% real eggs,” and in its planning Panera
discovered that current FDA regulations do not establish a definition or
a standard of identity for eggs. Without this, companies can sell and
advertise items that contain multiple additives, such as butter-type
flavors, gums and added color, under the generic term “egg.” Panera’s
goal in petitioning the FDA is to better support and inform guests in
the absence of a true definition for the term “egg.”
Amazon’s grocery delivery service has seen a major boost following the
retail giant’s acquisition of Whole Foods — but the grocer’s IRL stores
seem to be having some issues.
Whole Foods stores are suffering
inventory shortages, leading to empty shelves, according to several
employees that spoke with Business Insider. The shortages are being
attributed to a new ordering system the grocer introduced company-wide
in early 2017. (Amazon acquired Whole Foods in June 2017.)
online grocery sales are predicted to capture 20% of total grocery
retail by 2025 to reach $100 billion in consumer sales, according to
study by the Food Marketing Institute conducted by Nielsen. While
estimates of online grocery’s share of the total $641b U.S. grocery
market vary, from 2% to 4.3% according FMI-Nielsen, it is the next major
retail sector to be disrupted by ecommerce.
Elsewhere, the United
States largely won a
World Trade Organization ruling on Thursday that China had failed to
comply with an earlier ruling against its punitive tariffs on U.S.
broiler chickens. The ruling means Beijing has failed in a bid to
use one of Washington’s own favorite trade policy tools - punitive
tariffs - against U.S. producers, and will be obliged to lower its
tariffs, unless it appeals within 20 days.
Back in the States,
the nation's organic food movement, representing dozens of brands,
thousands of organic farmers and millions of organic consumers, as well
as retailers, certifiers, and organizations, published an open letter in
the Washington Post. The cosigners are demanding that the USDA stop
interfering with the public process that has created clear standards for
animal welfare in organic food production.
convenience store industry is facing an inconvenient truth: Americans
are changing the way they shop for snacks and drinks. The nation’s
154,500 convenience stores are getting squeezed by competition from all
sides. Fast-food restaurants and supermarkets are slugging it out in
price wars, while dollar stores keep popping up everywhere. And
Amazon.com Inc. offers quick delivery for basic items. That’s putting
pressure on gas-station retail chains to merge.
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