Aramark Tackles Game Day with 35 of the Hottest Items on Menus at NFL Stadiums
Game days are back and Aramark (NYSE: ARMK), the award-winning food and beverage partner of 11 NFL teams, is ready to welcome six million fans back to stadiums for the most awaited and delicious time of the year, football season.
Aramark, which serves more football fans than any other hospitality company, scouted recipes and food trends from coast to coast, to create new menus that reflect the flavor and tradition of the hometown teams and communities where they reside. Food trends and fan feedback guided Aramark’s culinary team through the off-season, which resulted in a fresh roster of...
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Walmart's Innovative Approach to Convenience Around the World
Shopping lists are increasingly including a new item: convenience.
The grocery industry is a great example. American shoppers average about 60 minutes spent shopping for food each week. To cut this time down, more and more of Walmart’s U.S. customers find themselves taking advantage of online shopping options like pickup and delivery.
But the U.S. isn’t the only place customers want convenience. Walmart Canada’s recent announcement to expand grocery delivery with Instacart demonstrates how quickly customers are responding to time-saving innovations in...
AmazonFresh Expands to Houston, Minneapolis and Phoenix With 1- and 2-Hour Delivery
Amazon today announced that AmazonFresh has expanded to three new cities: Houston, Minneapolis and Phoenix. Beginning today, Prime members in those cities can shop tens of thousands products from meat and seafood to fresh produce and everyday essentials for free two-hour delivery from AmazonFresh.
“We’re thrilled to introduce AmazonFresh to Prime members in Houston, Minneapolis and Phoenix,” said Stephenie Landry, Vice President of AmazonFresh and Prime Now. “Prime members tell us they want their stuff even faster. We’re happy to deliver on that ask and can’t wait for customers in Houston, Minneapolis and Phoenix to take advantage of...
ANALYSIS: RTC Production: A Comparison Between Monthly and Weekly Data
As illustrated by our chart, monthly YTD ready-to-cook tonnage and the data derived from the weekly slaughter report have generally followed a similar rate of increase. The monthly data however, has consistently tended above the monthly RTC figures...
BJ’s Wholesale Club Announces Second Quarter Fiscal 2019 Results
BJ’s Wholesale Club Holdings, Inc., today announced its financial results for the thirteen and twenty-six weeks ended August 3, 2019.
“Second quarter results for sales and earnings were in line with our expectations,” said Christopher J. Baldwin, Chairman and Chief Executive Officer, BJ’s Wholesale Club. "We delivered improved margins and continued to grow earnings as we executed against our strategic priorities. Our sales were particularly strong in the second half of the quarter as weather improved, and we ended with strong momentum. We are confident that we will deliver on our full-year expectations as we continue to...
Hormel Foods Reports Third Quarter Results
Hormel Foods Corporation, a leading global branded food company, today reported results for the third quarter of fiscal 2019. All comparisons are to the third quarter of fiscal 2018 unless otherwise noted. Results reflect the divestiture of the CytoSport business. The impact of this transaction is excluded in the presentation of the non-GAAP measures below.
Executive Summary
Domino's to Open New Workspace Dedicated to Collaborative Innovation
Domino's Pizza, the largest pizza company in the world based on global retail sales, has spent years focused on cutting-edge technology created and built largely by teams at its World Resource Center in Ann Arbor. Those cross-functional teams now have a new space called Domino's Innovation Garage where they can collaborate on, create and test new ideas to take the brand to the next level. Domino's Innovation Garage, located at Domino's Farms in Ann Arbor, will celebrate its grand opening on Wednesday, Aug. 21.
"Domino's Innovation Garage is focused on accelerating Domino's spirit of creativity and collaboration," said Kelly Garcia, Domino's chief technology officer. "As a pizza company with a focus on technology, we want our team members to have a workspace that encourages experimentation and...
Dunkin’ Launches New Burrito Bowls
With autumn on the way, Dunkin’ is giving guests new innovative menu choices and returning fall favorites – perfect for powering through the change in season. Following the success of Dunkin’ Bowls, first available for a limited time earlier this year, Dunkin’ today launched new Burrito Bowls, served in two varieties full of delicious flavors, vegetables and protein for exciting new options for eating on-the-run. Dunkin’ is also delighting fans today by officially welcoming back its highly anticipated fall menu featuring all things pumpkin led by Pumpkin Flavored Coffees, new Cinnamon Sugar Pumpkin Signature Latte, baked goods, and more.
Introducing New Burrito Bowls
Available at participating Dunkin’ restaurants nationwide for a limited time, Dunkin’ is offering guests the choice of two new Burrito Bowls to pair with their favorite Dunkin’ beverages...
Target Reports Second Quarter 2019 Earnings
Target Corporation today announced its second quarter 2019 performance, including comparable sales growth of 3.4 percent driven by a 2.4 percent increase in comparable traffic. The Company reported GAAP earnings per share (EPS) from continuing operations of $1.82 in second quarter 2019, up 22.0 percent from $1.49 in second quarter 2018. Second quarter Adjusted EPS of $1.82 was 23.9 percent higher than $1.47 in second quarter 2018. The attached tables provide a reconciliation of non-GAAP to GAAP measures. All earnings per share figures refer to diluted EPS.
Tip Top Poultry Recalls Fully Cooked Poultry Products
Tip Top Poultry, Inc., a Rockmart, Ga. establishment, is recalling approximately 135,810 pounds of fully cooked poultry products that may be adulterated with Listeria monocytogenes, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today.
The frozen, diced, and mechanically separated ready to eat chicken was produced on January 21, 2019 and display “PACK DATE 01/21/19” on the labels. The products subject to recall can be found in this spreadsheet.
The products subject to recall bear establishment number “P-17453” inside the USDA mark of inspection or on the case. These items were shipped to...
Revention and DoorDash Team Up to Offer On-Demand Logistics Services
Revention, the industry-leading provider of restaurant ordering and management solutions, today announced its partnership with the largest and fastest growing last-mile logistics platform in more than 4,000 cities in the United States and Canada, DoorDash.
This partnership will provide restaurateurs the opportunity to grow their business by offering on-demand logistics and/or streamlining existing delivery operations to accommodate for peak times, unexpected surge of orders, downtime, and service outside of standard areas.'
The Revention and DoorDash partnership will significantly expand operational efficiencies for restaurateurs, with potential benefits including...
Denny's Brings Back Super Slam Deal and Seasonal Offerings
Today, Denny's is giving America another chance to enjoy more breakfast items for less with the return of the $5.99 Super Slam. Back by popular demand, the Super Slam is made with high-quality ingredients featuring two fresh eggs, two bacon strips, two sausage links, crispy hash browns and two fluffy buttermilk pancakes. An optional upgrade to seasonal favorite pumpkin pancakes is also available for only 49 cents. The Super Slam delivers the variety and outstanding value that Denny's is known for.
"At Denny's, we pride ourselves on offering our guests high-quality options at unbeatable prices," said John Dillon, chief brand officer for Denny's. "Our $5.99 Super Slam delivers the unique and hearty breakfast flavors our guests crave, without having to overspend to enjoy something special. For breakfast, lunch, dinner and...
Have You Ever Seen the Grain: Feed Procurement with Glenn Smith
Laura and Glenn Smith, from Wayne Farms, touch on many topics this week. They include, The WASDE Report, flooded corn acres, ethanol exports figures, demand for soybeans, labor shortages, and much more...
Amazon Announces Plans to Expand in Utah with New Fulfillment Center in West Jordan
Amazon.com, Inc. today announced plans to open a new fulfillment center in West Jordan, Utah creating more than 800 full-time jobs starting at $15 an hour with comprehensive benefits starting on day one. Amazon currently employs more than 2,000 full-time associates throughout the State of Utah.
“We’re excited to open a new, state-of-the-art fulfillment center in West Jordan and to continue innovating in a state committed to providing great opportunities for jobs and customer experience. Utah has a talented workforce, and we are very excited to grow employment beyond the more than 2,000 associates already serving customers in the state,” said Alicia Boler Davis, Amazon’s Vice President of Global Customer Fulfillment.
“We are pleased that Amazon has chosen Utah again for such a strategic part of Amazon’s business by setting up another fulfillment center in West Jordan. As the ‘Crossroads of the West,’ Utah is the perfect place for companies in the...
Taco Del Mar Goes “Beyond Meat” with New Taco Made with Plant-Based Protein
Taco Del Mar is introducing plant-based protein to its current vegetarian and vegan menu with its new Beyond Meat Taco. Beginning August 20, the taco chain will be testing its new offering at 10 restaurant locations, spread between Seattle, WA and Vancouver, BC.
The Beyond Meat Taco features the popular plant-based Beyond Beef Feisty Crumbles mixed with medium chipotle salsa, diced onions and minced serrano peppers, topped with shredded cheddar and Monterey jack cheese, shredded lettuce, pico de gallo and jalapeños served on warm corn tortillas. The plant-based protein is also available...
Target Introduces Food and Beverage Brand
Target Corporation today announced the introduction of Good & Gather, Target’s largest owned Food & Beverage brand. Grounded in guest research, the flagship brand will offer a wide range of food and beverage products that prioritize taste, quality ingredients and ease, at a great value. Good & Gather will be available in stores and online on Target.com for same-day delivery beginning September 15, 2019.
“Our guests are incredibly busy and want great-tasting food they can feel good about feeding their families,” says Stephanie Lundquist, executive vice president and president, Food & Beverage, Target. “We saw this as a huge opportunity for Target to help. So our team got to work on our most ambitious food undertaking yet, reimagining our owned food brands to serve up...
FAT Brands Continues Expansion in Pakistan With 5-Unit Development Deal
FAT(Fresh. Authentic. Tasty.) Brands Inc, parent company of Fatburger, The Last Great Hamburger Stand, announces today the development of five co-branded Fatburger and Buffalo’s Express concepts in Pakistan. In partnership with Crescent Star Foods (Pvt), the co-branded restaurants will increase the brand’s presence in Pakistan to six restaurants.
Hollywood's iconic Fatburger is best known for its mouthwatering, juicy burgers made famous by founder Lovie Yancey in Los Angeles more than 70 years ago. Each Fatburger is made-to-order with traditional fixings and delicious add-on items such as bacon, onion rings, cheese and egg. Buffalo’s Express further complements Fatburger’s menu offerings with...
HelloFresh Adds Beyond Meat to Menu Line-Up
HelloFresh, the leader in delivering delicious ingredients and easy-to-follow recipes to households worldwide, today announced the introduction of the Beyond Burger from Beyond Meat, a market leader in the plant-based meat category. Offered as part of HelloFresh’s premium Craft Burger collection, HelloFresh customers can now order the first recipe Goudalicious Beyond Burgers paired with Potato Wedges and Creamy Mustard Aioli, which will begin shipping to customers nationwide the week of September 14, 2019.
“We are always looking to expand our menu offerings and provide customers with exciting, new recipe choices that appeal to a variety of palates and eating preferences,” said Marcel Comtois, Vice President of Procurement, HelloFresh US. “With the addition of the Beyond Burger to our menus, we’re excited to give our home cooks the opportunity to...
This Week in Retail: Prepare for Pre-Season Protein Demand
We’re halfway through August, but protein demand doesn’t expire with the summer season. In fact, consumers may even be stepping up their purchases at the meat case as the NFL preseason is officially underway! And the regular season is just around the corner.
It’s been six long months since fans were treated to their favorite teams facing off on the gridiron. Now, everyone is getting in on the action. Retailers across the board are running promotions to capitalize on the return of football frenzied spending.
Grocers are changing up end caps from summer smore displays to game day essentials. Grilling ads are shifting from summer barbecues in the backyard to...
Industry Innovator, Emanuel Puglisi, Passes Away
Emanuel Puglisi, industry innovator, passed away on Wednesday, August 14, 2019, at the age of 95.
Emanuel was born in Ragusa, Sicily and came to live in Greenwich Village in 1937, working as a cabinet maker in New York City. Emanuel served in the U.S. Army during World War II, and settled in Howell following the war. He was the founder, owner, and operator of Puglisi Egg Farms, Howell, until retiring in 1986. Emanuel built the first high-rise poultry building in America and hosted people throughout the world to see his innovative techniques. Emanuel was also a past president of the New Jersey Poultry Products Council and a golden egg recipient...
Tyson Foods Recalls Weaver Brand Ready-To-Eat Chicken Patty Products
Tyson Foods Inc., a Pine Bluff, Ark. establishment, is recalling approximately 39,078 pounds of Weaver brand frozen chicken patty product that may be contaminated with extraneous materials, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today.
The frozen, fully cooked chicken items were produced on January 31, 2019. The following products are subject to recall...
ANALYSIS: Cold Storage Holdings: A Prognosticator of Wing Performance?
As preseason football season gets underway, fans are beginning to flock to their local drinking hole to watch the game and enjoy America’s favorite finger food: chicken wings. Taking a look at inventory levels and price reaction in the period leading up to...
July Retail Sales Show Strong Gains
Retail sales were up 0.9 percent in July seasonally adjusted from June and up 5.6 percent unadjusted year-over-year, the National Retail Federation said today. The numbers exclude automobile dealers, gasoline stations and restaurants.
“July’s strong results are consistent with a confident consumer,” NRF Chief Economist Jack Kleinhenz said. “Households are in good shape with spending and that should continue as long as the labor market remains healthy. But it’s important to remember that today’s data is looking backward at what was happening a month ago. The impact of volatile financial markets and increased trade tensions in recent weeks may put a wind of caution in consumer spending as...
SpartanNash Announces Second Quarter 2019 Financial Results
SpartanNash Company today reported financial results for the 12-week second quarter and 28-week period ended July 13, 2019.
“Consistent with our comments in the press release issued earlier this week, the Board of Directors and I remain confident in the Company’s overall strategic direction,” said Dennis Eidson, Interim President and Chief Executive Officer. “I am excited to work with our team of talented associates as we focus our efforts on improved execution, while continuing to...
Food Lion to Expand "To-Go" Grocery Pick-Up Service at Multiple Stores
Food Lion continues to expand its “Food Lion To-Go" grocery pick up service at multiple area locations beginning August 19, 2019.
A ribbon cutting ceremony will be held at each location at 8:45 a.m. on August 19th, and to help introduce customers to this new service, Food Lion is offering shoppers their first pickup for free.
The launch of this new, convenient service enables Food Lion to continue to deliver on its promise to ensure an easy, fresh and affordable grocery shopping experience, and it allows customers to order and pick up their groceries in as little as an hour.
“We are so excited to expand this convenient service to more stores in the Food Lion footprint and enable customers to spend more time...
House of Raeford Farms Recognized for Outstanding Safety Performance
The Joint Industry Safety and Health Council has awarded six House of Raeford Farms locations with safety awards for outstanding performance through the implementation of innovative and effective employee safety and health programs.
Two House of Raeford processing plants—Arcadia, LA and Rose Hill, NC – were each recognized for their commitment to safety with Awards of Distinction during the 2019 National Safety Conference for the Poultry Industry in Destin, FL.
Awards of Distinction are the highest level of recognition a company can receive from the Joint Industry Safety and Health Council. Injury statistics over three years and...
Walmart Releases Q2 FY20 Earnings
Total revenue was $130.4 billion, an increase of $2.3 billion, or 1.8%. Excluding currency, total revenue was $131.7 billion, an increase of $3.7 billion, or 2.9%.
Walmart U.S. comp sales increased on a two-year stacked basis by 7.3%, which is the strongest growth in more than 10 years. Segment operating income increased 4%, marking the fifth consecutive quarter of growth.
Walmart U.S. eCommerce sales growth of 37% includes strong growth in online grocery.
Sam's Club comp sales increased 1.2%, and eCommerce sales grew 35%. Reduced tobacco sales negatively affected...
ANALYSIS: Turkey Thigh Meat and Boneless Pork Hams At a Crossroads
From an historical standpoint, marketers of turkey thigh meat and boneless pork ham are no strangers to some cross-protein rivalry...
Fast Food Ranked in Top 40% of All Industries in MBLM's Brand Intimacy Study
The fast food industry ranked sixth out of the 15 industries studied in MBLM's Brand Intimacy 2019 Study, which is the largest study of brands based on emotion. Brand Intimacy is defined as the emotional science that measures the bonds we form with the brands we use and love. Chick-fil-A rose to the #1 spot in fast food followed by Dunkin'. Starbucks dropped to third after ranking first for the previous two years. The top 10 for the industry was rounded out by: McDonald's, Taco Bell, Subway, Wendy's, Burger King, Chipotle and KFC.
Chick-Fil-A also ranked 10th in the overall industry. In addition to performing well in MBLM's study, the brand increased its revenue at a 15% annual rate from 2010 to 2018, while the industry as a whole only grew by 3.4%.1 In 2018, Chick-fil-A also reported more than $10 billion in revenue, its 51st consecutive year of sales growth.2 This correlates to the study findings, which revealed that...
Ruby Tuesday to Roll Out Two New Meals for a Limited Time
To reach both current and new guests capitalizing on the Ruby Tuesday commitment to flavor and freshness, Ruby Tuesday is rolling out the flavor-filled Cheesy Crunch Burger and Honey Crunch Chicken Sandwich across 460 participating locations for a limited time only, Aug. 19 through Sept. 23. Combining highly appealing ingredients that are both crunchy and spicy, the new items focus on big flavor at an everyday value price of $7.99.
“We want to create meals that highlight the brand’s belief that fresh is best, flavor is key and comfort is a must,” said Jenifer Boyd Harmon, chief marketing officer for Ruby Tuesday. “In addition, we wanted to remind consumers that Ruby Tuesday offers value you can count on without compromising...
Food And Beverage Industry Seen As Growth Market in U.S. Retail Real Estate Sector
A healthy appetite for food and beverage businesses continues to fuel significant growth in one of the hottest areas in the U.S. retail real estate sector, according to BBG, a leading due diligence commercial real estate firm.
In U.S. cities across the country, more restaurants, bars and grocery stores are opening or expanding operations to meet growing demand for these services, as a result of an ongoing demographic shift in how and where people live, work and play.
That has led to these businesses growing their share of total retail spending, from 24.3 percent during the past decade, compared with 22.7 percent prior to the 2007-2008 recession, according to one recent industry report. F&B sales now account for nearly...
Five Guys and Postmates Partner for National On-Demand Delivery
Postmates, the leader in enabling anyone to have nearly anything delivered on-demand, announced today that it has partnered with Five Guys to enable national on-demand delivery, including an integration with ItsaCheckmate. Five Guys and Postmates customers will now find Five Guys locations across the country integrated into the Postmates feed, making it simple to find your favorite burgers and fries.
"We are thrilled to launch our integrated partnership with Five Guys for on-demand delivery," said Dan Mosher, SVP, Merchant Lead, Postmates. "Five Guys is an incredible family-run business that has a dedicated following and is extremely popular on the Postmates platform."
The Postmates Data and Analytics team dug into the data to uncover these Five Guys Delivery Facts...
Secretary Perdue Swears in USDA’s Principal Deputy Chief Financial Officer Scott Soles
U.S. Secretary of Agriculture Sonny Perdue today administered the oath of office to swear in Scott Soles to serve as the U.S. Department of Agriculture’s (USDA) Principal Deputy Chief Financial Officer.
“Scott Soles brings decades of experience with him to Washington and we are excited to welcome him to our USDA team,” Secretary Perdue said. “With over 30 years of experience in internal and external financial auditing, consulting, and finance operations, Scott will bring valuable...
U.S. Consumers’ Desire to Use Food as Medicine is Evidenced by Emerging Superfoods
While it is commonly understood that good nutrition promotes general health, consumers are becoming increasingly aware of how their food and beverage choices can help them manage and, in some cases, reverse certain medical conditions, according to health and wellness research by The NPD Group. NPD finds that about a quarter of U.S. adults are trying to manage a health or medical condition by making healthy food and beverage choices.
Younger adults, ages 18-24, are particularly interested in using foods to improve their health. Last year young adults chose foods and beverages with healthy profiles for 19 percent of their meals and in-between snacks. For example, nine percent of adults say a top nutrition goal is protecting brain health and when asked about foods that promote brain health, young adults were 45 percent more likely to...
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