The Latest Market Briefing is Here! 

Breakdown the poultry, egg, red meat and seafood markets with exclusive analysis from UB Market Reporters

Urner Barry is the leading provider of protein market news and information in the food industry. Through daily canvasses of the trade and an unrivaled historical database, our analysts are uniquely positioned to report on the underlying conditions and significant disruptors to the market. In this Market Briefing, Urner Barry reporters outline the latest action in the commodity protein markets, highlighting seasonal factors, disruptors, and current supply and demand fundamentals...

Highly Pathogenic Avian Influenza Strikes South Korea’s Layer Houses

As Highly Pathogenic Avian Influenza (HPAI) strikes South Korea’s layer houses killing more than 8 million hens, the country’s local shell egg prices have started to soar with a 22.4 percent increase compared with an average year as of Wednesday. Demand is especially high for eggs with the approaching Lunar New Year holiday February 11 - 14. As a result, the Korean government has decided to temporarily eliminate tariffs on egg imports for the first time since 2017.

According to The Korea Herald, South Korea's agricultural ministry said Wednesday it plans to “temporarily remove tariffs on imported egg products to resolve a supply shortage.” The government will...

Dr. Jewel Bronaugh Nominated for USDA Deputy Secretary

President Biden has nominated Dr. Jewel Bronaugh, USDA deputy secretary of agriculture. Currently, she serves as the Commissioner of the Virginia Department of Agriculture. If confirmed, Bronaugh would be the highest-ranking African American woman to ever serve in USDA.

She previously was the Executive Director of the Center of Agriculture Research, Engagement and Outreach (CAREO) at Virginia State University (VSU), where she helped expand the impact of...

Eat Beyond Adds Above Food to Its Portfolio

Eat Beyond Global Holdings Inc., an investment issuer focused on the global plant-based and alternative food sector, is announcing that it has completed an investment in Above Food Inc.

Above Food develops and distributes premium, whole plant alternatives to meat and dairy by creating nutrient-dense consumer products and branded ingredients. It uses a proprietary blend of plant proteins created from heirloom pulses and gluten free grains. Above Food brings its products to market by...

U.S. Department of Agriculture Announces Key Staff Appointments

The U.S. Department of Agriculture announced the names of individuals who will hold senior staff positions in Washington, D.C.

Katharine Ferguson was named Chief of Staff in the Office of the Secretary: Most recently, Ferguson served as Associate Director of the Aspen Institute Community Strategies Group. Before joining the Aspen Institute, Ferguson served in the Obama Administration as Chief of Staff for the White House Domestic Policy Council and as Chief of Staff for Rural Development at USDA. Ferguson also worked on the Senate Agriculture Committee and...

Urner Barry Presents Plant Protein Insights Webinar 

The plant protein sector is developing rapidly around the globe. Innovative and unique offerings enter the market daily under increased pressure for sustainable and nutritious alternative food options. Demand for plant protein ingredients has become an important benchmark for manufacturers, ingredient providers, startups, traditional protein suppliers, and investors interested in this space.

Join Urner Barry on Thursday, January 21, as host Laura Zinger interviews...

Michael T. Lockard to Become Weis Markets' Senior Vice President and Chief Financial Officer

Weis Markets announced Michael T. Lockard, a long-time financial retail executive, will become the Company's Senior Vice President, Chief Financial Officer (CFO) and Treasurer. He will succeed Scott Frost, who is retiring.

To ensure a smooth transition, Mr. Frost will continue to serve as Chief Financial Officer until March 12, at which time Mr. Lockard will assume the role. As Weis Markets' Chief Financial Officer, Mr. Lockard will oversee the day-to-day management of the company's accounting, auditing and financial functions. He will report to Jonathan Weis, Weis Markets Chairman and Chief Executive Officer.

Mr. Lockard has more than 25 years of senior-level executive experience in retail, supermarket and... 

Fueled By the Pandemic, Consumer Packaged Goods Purchases Grew 19% in 2020 Compared to 2019

As consumers hunkered down at home during most of last year, their spending on consumer packaged goods (CPG) grew an average of 19% in 2020 compared to 2019 according to the latest data from NCSolutions, a leader in advertising effectiveness for the CPG industry.

The COVID-19 pandemic caused a significant shift in CPG purchasing habits in 2020 — not just in how much consumers spent, but on what. According to a new NCS consumer survey of more than 2,000 adults, nearly half (47%) of Americans indicated they tried...

Blair John Van Zetten, Egg Industry Icon, Passes Away 

Blair John Van Zetten, egg industry icon, passed away suddenly at the age of 68 on January 18, 2021. Blair was born in Oskaloosa, Iowa, and attended Culver Military Academy. As he got older, he became a counselor for their summer camps. After graduating from Oskaloose High School, he received his BA in Business at Upper Iowa University. Upon the death of his father in 1975, Blair took control of Oskaloosa Food Products.

On June 14, 1975, Blair married Wendy A. Davis, of Syracuse, New York. Together, they raised three sons, Jason, Brandon, and Travis, in Oskaloosa.

His biggest passion, love, and hobby was Oskaloosa Food Products. He was dedicated to the egg industry and voluntarily served...

IHOP Introduces New Signature Burritos and Bowls

IHOP introduced its latest menu innovation, Burritos & Bowls, designed with flavor combinations and easy portability in mind. Starting today, guests can select from a lineup of six different builds – in breakfast, lunch and dinner varieties – all of which can either be wrapped in a flour tortilla or served in a bowl.

The six new Burritos & Bowls flavors range from signature ingredients, like IHOP’s hickory-smoked bacon and include hash browns to hotter fare like poblano queso sauce and...

USDA Offers Additional Assistance for Certain Producers Through Coronavirus Food Assistance Program

U.S. Secretary of Agriculture Sonny Perdue announced the U.S. Department of Agriculture (USDA) will provide additional assistance through the Coronavirus Food Assistance Program (CFAP), expanding eligibility for some agricultural producers and commodities as well as updating payments to accurately compensate some producers who already applied for the program. Producers who are now eligible and those who need to modify existing applications due to these updates can contact USDA’s Farm Service Agency (FSA) between Jan. 19 and Feb. 26. Some of these changes are being made to align with the recently enacted Consolidated Appropriations Act of 2021 while others are discretionary changes being made in response to ongoing evaluation of CFAP.

“The COVID-19 pandemic has left a deep impact on the farm economy, and we are utilizing the tools and monies available to ease some of the financial burdens on American producers to ensure...

NRF Says 2020 Holiday Sales Grew 8.3 Percent Despite Pandemic

Retail sales during 2020’s November-December holiday season grew an unexpectedly high 8.3 percent over the same period in 2019 to $789.4 billion, exceeding the National Retail Federation’s holiday forecast despite the economic challenges of the coronavirus pandemic, NRF said. The numbers include online and other non-stores sales, which were up 23.9 percent at $209 billion.

“Despite unprecedented challenges, consumers and retailers demonstrated incredible resilience this holiday season,” NRF President and CEO Matthew Shay said. “Faced with rising transmission of the virus, state restrictions on retailers and...

Contract Broiler Growers Can Begin to Apply for Federal COVID-19 Relief on January 19

U.S. Secretary of Agriculture Sonny Perdue announced the U.S. Department of Agriculture (USDA) will provide additional assistance through the Coronavirus Food Assistance Program (CFAP), expanding eligibility for some agricultural producers and commodities as well as updating payments to accurately compensate some producers who already applied for the program. Producers who are now eligible and those who need to modify existing applications due to these updates can contact USDA’s Farm Service Agency (FSA) between January 19 and February 26.

Contract producers of broilers, pullets, laying hens, chicken eggs (breeders), turkeys and...

American Egg Board Names Mike Koenigs Chief of Operations and Outreach

As part of its new Strategic Vision & Five-Year Plan, the American Egg Board (AEB) announced it has named Mike Koenigs to the newly created position of chief outreach and operations officer, effective immediately.

Reporting directly to AEB President & CEO Emily Metz, Koenigs will oversee and be responsible for driving new efficiencies in the AEB’s finance and human resources functions, while unifying organizational engagement and outreach to egg producers, the food chain, allied industry, government and...

Sysco Releases New Foodie Solutions Toolkits

Sysco Corporation announced the addition of four new toolkits to its Foodie Solutions platform. The Valentine’s Day, Wholesome Dining, Seafood and Greatest Game toolkits are the latest in a series of carefully curated resources that reflect the best ideas from across the foodservice industry for generating additional revenue and meeting consumer expectations for a safe and memorable dining, takeout or delivery experience.

Valentine’s Day is historically one of the most popular holidays to dine out, second only to Mother’s Day. Despite the pandemic, Sysco expects it will remain...

Tyson Introduces New Instant Pot Kit Options

"What's for dinner?" has taken on an entirely new meaning over the last year with more people cooking at home. New flavors of Tyson Instant Pot Kits, Tyson Instant Pot Seasoned Proteins and Tyson Oven Ready Family Size Kits are just what families need to ease the burden and cooking fatigue—protein-packed meals offering that made from scratch taste without the effort.

Cooking and preparing meals from home has increased 67-percent since COVID-19 began. After months of home-cooked meals, families are turning to prepared foods and easy prep meals as a way to...

NRF Welcomes Necessary Aid as Biden Unveils Stimulus Plan

The National Retail Federation issued the following statement from President and CEO Matthew Shay in response to the release of President-elect Biden’s plan to combat the coronavirus and stimulate the nation’s economic recovery.

“The stimulus plan released by President-elect Biden is expansive in scope, but it serves as an encouraging signal that the new administration intends swift action to support businesses and...

Cargill Survey: At-Home Learning is Changing Parents Buying Habits as School Meals Off the Table

School lunches looked very different at the start of the  2020 school year and with most students still in an e-learning environment, parents and caretakers are preparing meals at home for children more than ever.

A recent survey from Cargill found that 7 out of 10 parents said the coronavirus pandemic had a “moderate or big” impact on their food purchasing habits.

One key behind different purchasing habits includes how breakfast and lunch preparation has become...

Mintel Announces Global Food and Drinks Trends for 2021 

Mintel has announced three key trends for the global food, drink, and foodservice industries, including analysis, insights, and recommendations centred around the ‘now’ (next 12 months), the ‘next’ (18 months+), and the ‘future’ (five+ years) of consumer behavior:

• Feed The Mind: Innovative food and drink formulations will offer solutions for mental and emotional wellbeing that will create a new foundation for healthy eating.
• Quality Redefined: Brands will be challenged to respond to...

Over the Past Five Years, U.S. Consumers Added 25 Between-Meal Snacking Occasions Per Capita

Whether it’s for a nutritious treat, comfort from stress, or a quick meal, U.S. consumers increasingly turn to fruits, nuts, and ready-to-eat snack foods throughout the day, reports The NPD Group. Over the past five years, Americans added 25 between-meal snacking occasions per capita, from 505 between-meal snacking occasions per capita in 2015 to 530 in 2020, and consumption of snack foods at meals increased from 21% of eatings in 2010 to 26% in 2020, according to NPD’s Eating Patterns in America, an annual compilation of the company’s daily tracking of the who, what, when, where, why, and how of U.S. consumers’ eating behaviors.

Snacking and snack food consumption follow a daily rhythm in most U.S. households with better-for-you snack foods, like fruit or yogurt, being eaten in the morning; more savory snacks, like...

Current Restaurant Restrictions and Capacity By State

Coronavirus cases in the United States are growing. On Friday the U.S. recorded over 99,000 new cases – the highest single day total recorded by any country. With concerns rising over the upward trend in cases, restaurants across the country are beginning to see a new wave of restrictions. We're breaking down the latest restaurant news by state...

Grubhub Taps Devry Boughner Vorwerk as Chief Corporate Affairs Officer

Grubhub Inc., a leading online and mobile food-ordering and delivery marketplace, announced that Devry Boughner Vorwerk will be joining the company as chief corporate affairs officer, effective Jan. 19. Vorwerk will oversee brand, communications, government relations, public policy and sustainability for the company.

In the newly created role, she is responsible for developing a cohesive brand voice and fostering relationships across the industry to help drive growth and promote Grubhub's continued commitment to supporting restaurants, drivers and diners. Vorwerk will lead the company's communications and...

JUST Egg Product to Be Served at Leading Fast-Food Chain in China

Eat Beyond Global Holdings Inc., an investment issuer focused on the global plant-based and alternative food sector, is announcing that Dicos, one of China's leading fast-food chains, has added Eat Beyond portfolio company Eat Just Inc.'s product JUST Egg to its menu at over 500 locations.

Dicos is one of the largest foodservice companies in China, with 2,600 stores across 32 provinces and autonomous regions serving 600 million consumers annually.

Dicos' conventional egg patty will be replaced with...

ANALYSIS: Shell Egg Prices Rise Amid Strong Retail Demand, Seasonal Flock Rotations

After holding steady for more than two weeks, shell egg prices got a push to the upside today amid strong retail demand and...

Walmart and HomeValet Pilot Smart Box Technology to Receive Fresh Deliveries

When Walmart launched its grocery delivery service in 2018, the company did it for one reason – customers wanted it. Since then, it’s been a lifesaver for busy families. They can simply shop their local store from anywhere and schedule a time to have it delivered right to their front door. It’s incredibly convenient.

But as Walmart's founder, Sam Walton, once said, “To succeed, stay out in front of change.” It’s why Walmart is continuously testing new technology, like drones and autonomous vehicles, to find new ways to serve customers. "Which made us think – what if we could...

International Dairy Queen On Track to Meet Cage-Free Egg Commitment in 2025

International Dairy Queen Corporation (IDQ) announced it is on track to meet its cage-free egg commitment in the U.S. and Canada for shell eggs, liquid eggs and DQ® proprietary products by 2025.

“In 2016, we made a commitment to animal welfare when we announced our transition to cagefree eggs in the U.S. and Canada by 2025,” said Steve Min, Executive Vice President of Research and Development at International Dairy Queen. “As we continue to make progress toward our goal, we reduced...

FreshDirect Reveals Top Food Trends for 2021; Online Grocery and Home Cooking Boom to Continue

FreshDirect, a leading pure-play online fresh food grocer serving the Northeast, announced its top food trends for 2021. This year’s predictions were curated by FreshDirect’s in-house team of food experts. As food retailers at the forefront of the industry, FreshDirect has a unique and early view of cutting-edge grocery, ecommerce, and customer trends.

“As a leading online grocer, we have a unique and unmatched ability to understand the ever-changing buying habits of our customers. Our view on past orders, as well as those placed in the future, allows us to spot changes in trends quickly and react to them in real-time. The rapid increase in demand for online grocery and the boom in...

Global Consumer Confidence Improved in Q4

Global consumer confidence increased in the fourth quarter of 2020, driven largely by an improved outlook for personal finances—which, in many regions, reflect unprecedented fiscal measures in response to COVID-19. Prospects for jobs and spending intentions saw smaller improvements in Q4, according to The Conference Board® Global Consumer Confidence Survey.

Conducted in collaboration with Nielsen, the survey found that overall global consumer confidence climbed to 98 in Q4 2020, up six points from 92 in Q2 2020. A reading below 100 is considered...

A Look at the Pandemic’s Impact on Restaurant Jobs in 2020

The National Restaurant Association provided a look at how the coronavirus pandemic impacted employment at eating and drinking places throughout 2020.

Overall, the restaurant and foodservice sector was expected to provide 15.6 million jobs in 2020, accounting for 10% of payroll jobs in the economy. Those numbers would take a turn for the worst as the pandemic began in March.

Starting in March, millions of people were left without work as lockdowns and stay-at-home orders were implemented, leading to mass layoffs and furloughs...

Albertsons Companies Reports Third Quarter Fiscal 2020 Results

Albertsons Companies, Inc. reported results for the third quarter of fiscal 2020, which ended December 5, 2020.

Third Quarter of Fiscal 2020 Highlights

• Identical sales growth of 12.3%
• Digital sales growth of 225%
• Net income per share of...

2020 Retail Imports May Break Record Despite Pandemic

Imports seen during 2020 appear to be headed toward a new record despite the coronavirus pandemic, and remain at high levels as 2021 begins, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“Nobody would have thought last spring that 2020 would be a record year for imports, but it was clearly an unpredictable year,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Consumers and retailers once again proved their resilience in the face of unprecedented challenges. Thanks in part to government stimulus, retail sales saw...

Instacart Announces Finance Industry Veteran Nick Giovanni is Joining the Company as CFO

Instacart, the leading online grocery platform in North America, announced it has appointed Nick Giovanni as Chief Financial Officer, effective January 27, 2021. Giovanni will oversee finance, accounting and corporate development for the Company, and will report directly to Founder and Chief Executive Officer Apoorva Mehta. Giovanni will succeed current CFO Sagar Sanghvi and the two will be partnering together to ensure a seamless transition.

"We want to thank Sagar for all of his contributions to Instacart over the last five years. During his time at the company, Sagar helped us navigate some of our biggest business milestones while...

U.S. Restaurant Industry Ends 2020 Making Its Way Out of the Steep Declines Caused by Pandemic

The U.S. restaurant industry closed one of the most unpopular years in history moving its way out of the steepest declines the industry has experienced since the Great Recession, reports The NPD Group. Customer transaction declines at major restaurant chains in December were down -10% compared to same period year ago, a 27-point improvement from April, the height of the shelter-at-home and restaurant dine-in closure mandates, when transactions declined by -37% from a year ago, according to NPD’s CREST® Performance Alerts, which provides a rapid weekly view of chain-specific transactions and share trends for 75 quick service, fast casual, midscale, and casual dining chains representing...

World Food Prices Rise for Seventh Month In a Row in December

World food prices rose for the seventh consecutive month in December, led by dairy products and vegetable oils, the Food and Agriculture Organization of the United Nations reported.

The FAO Food Price Index averaged 107.5 points in December, 2.2 percent higher than in November. Over the whole of 2020, the benchmark index, which tracks monthly changes in the international prices of commonly-traded food commodities, averaged 97.9 points, a three-year high and a 3.1 percent increase from 2019 although...

Albertsons Companies Debuts Automated Grocery PickUp Kiosk in Chicago 

Albertsons Companies announced that it is the first American grocer to pilot an automated and contactless grocery PickUp kiosk. The kiosk, located at one of its Jewel-Osco stores in Chicago, demonstrates continued expansion of the company’s eCommerce business and deep commitment to providing easy service through its websites and apps.

The automated, temperature-controlled kiosk, created by Cleveron, provides a contactless pickup experience. Customers who select the “Kiosk PickUp” option will be offered 2-hr time slots during which to pick up their groceries.

When customers arrive at the kiosk, they scan a code on their phone and their groceries are...

Burger King Evolves Visual Brand Identity Marking the First Complete Rebrand in Over 20 Years

Burger King is making a leap forward by introducing a completely new visual design that will be present throughout all touchpoints of the guest experience. Inspired by real and delicious food, the more modern look marks the first complete rebrand in over 20 years and will more authentically represent Burger King values. The announcement signals a commitment to digital-first expression and recent improvements to taste and food quality, through the removal of colors, flavors, and preservatives from artificial sources from menu items, as well as...

Conagra Brands Reports Strong Second Quarter Results

Conagra Brands, Inc. reported results for the second quarter of fiscal year 2021, which ended on November 29, 2020. All comparisons are against the prior-year fiscal period, unless otherwise noted. Certain terms used in this release, including "Organic net sales," "EBITDA," and certain "adjusted" results, are defined under the section entitled "Definitions." See page 5 for more information.

Highlights

• Second quarter net sales increased 6.2%, and organic net sales increased 8.1%, with significant growth in each of the
• Company's three retail segments on both a reported and an organic basis.
• Total Company operating margin increased 250 basis points to...

Starbucks Announces Chief Financial Officer Succession

Starbucks Corporation announced that after a more than 35-year career in finance, Patrick Grismer has decided to retire from his position as executive vice president and chief financial officer (cfo) of the Company effective February 1, 2021. Rachel Ruggeri, senior vice president of Finance, Americas and a 16-year Starbucks partner, will succeed Grismer as executive vice president and cfo, effective February 1, 2021. Ruggeri will report to Kevin Johnson, Starbucks president and chief executive officer. Grismer will remain with the company as an advisor to Johnson through May 2, 2021, to ensure a smooth transition.

“I want to thank Pat for his leadership and his many contributions to Starbucks through this period of unprecedented change and transformative growth. He has played an important role helping...

HHS Announces $22 Billion in Funding to Support Expanded Testing, Vaccination Distribution

The Department of Health and Human Services (HHS) announced two upcoming actions by the Centers for Disease Control and Prevention (CDC) to provide more than $22 billion in funding to states, localities, and territories in support of the nation’s response to the COVID-19 pandemic, as directed by the Coronavirus Response and Relief Supplemental Appropriations Act.

Funding will provide critical support for testing and vaccination-related activities to jurisdictions before January 19, 2021...

Jimmy Dean Breakfast Offerings Expand with Introduction of Plant-Based Patty Sandwiches

Jimmy Dean brand, part of the Tyson Foods portfolio of brands, is meeting the growing demand for meat alternative options with the launch of two new sandwiches featuring a plant-based patty: Jimmy Dean Plant-Based Patty, Egg & Cheese Croissant Sandwich and Jimmy Dean Delights Plant-Based Patty & Frittata Sandwich.

A Breakfast Revolution

Demand for plant-based food options has grown exponentially with retail sales up 148 percent more than last year amid the on-set of COVID-19 in mid-March. By the end of 2020, a majority of Americans reported...

PODCAST: Succeeding in Foodservice Through COVID-19

This week on Market Digest Laura is joined by Scott Tenner, Center of the Plate Protein Specialist, of Jacmar Foodservice. Scott discusses the importance of delivering quality ingredients to consumers, navigating...

Cal-Maine Foods Reports Second Quarter Fiscal 2021 Results

Cal-Maine Foods, Inc. reported results for the second quarter of fiscal 2021 (thirteen weeks) and twenty-six-week period ended November 28, 2020.

Net sales for the second quarter of fiscal 2021 were $347.3 million, an 11.5 percent increase compared to $311.5 million for the second quarter of fiscal 2020. The Company reported net income of $12.2 million, or $0.25 per basic and diluted share, for the second quarter of fiscal 2021, compared to a net loss of $10.1 million, or...

Blue Apron Names Randy J. Greben Chief Financial Officer

Blue Apron Holdings, Inc. announced that Randy J. Greben has been named Chief Financial Officer and Treasurer, effective January 6, 2021.

Greben brings more than 20 years of finance and e-commerce operations experience to his new role, including a record of implementing strategic growth and scaling initiatives. As Chief Financial Officer, he will be responsible for Blue Apron’s financial and treasury functions, reporting to President and...

NRF Chief Economist says Latest Stimulus will Help Continue Recovery from Pandemic

Economic challenges brought on by the coronavirus pandemic will continue in 2021, but stimulus legislation signed into law just after Christmas will help maintain and accelerate the nation’s ongoing recovery, National Retail Federation Chief Economist Jack Kleinhenz said.

“As we closed out 2020, it was an end to a whirlwind year whose challenging economic environment will almost certainly continue in 2021,” Kleinhenz said. “The coming year might be just as eventful as the economic recovery faces many uncertainties...

Britain’s Drive Thru Spend Up 45% September to November 2020

The trend for ordering food and drinks from our cars at Britain’s growing number of drive-thru restaurants soared from September to November 2020 according to global information company The NPD Group. There were 121 million visits to Britain’s 2,000 quick service restaurants (QSR) that offer drive-thru in those three months in 2020, a 14% increase on the same period last year. Spend was up 45% to £723m over this time frame, with consumers tending to place larger-than-average orders at the drive-thru window.

According to footfall analysis from NPD’s SnapMyEats data, the growth in drive-thru in these three months was a result of consumers switching from eating in and takeaway options during lockdowns and tiering, rather than...

Amazon Continues to Expand Its Transportation Fleet With Purchased Aircraft

Amazon announced its first-ever purchase of eleven Boeing 767-300 aircraft, expanding its fleet to continue to serve customers. The purchases include seven aircraft from Delta and four aircraft from WestJet, which will join the network by 2022. Amazon Air’s fleet expansion comes at a time when customers are relying on fast, free shipping more than ever.

“Our goal is to continue delivering for customers across the U.S. in the way that they expect from Amazon, and purchasing our own aircraft is a natural next step toward that goal,” said Sarah Rhoads, Vice President of Amazon Global Air. “Having a mix of both...

Grocers Begin Offering the COVID-19 Vaccine

As shipments of the COVID-19 vaccine are being sent out around the United States, grocery chains are preparing to offer the vaccine through their pharmacies. Clearance for immunizations came in December, after the FDA authorized the use of the first COVID-19 vaccine developed by Pfizer and its German partner BioNTech SE. The second vaccine to be authorized was developed by Moderna, which the FDA stated can be given to people 18 years of age and older and cited the shot's high effectiveness in preventing COVID-19 in a large clinical study.

Kroger announced it will provide the COVID-19 vaccine nationwide across its 2,200 pharmacies and 220 clinics, partnering with the federal government and state health departments to administer the vaccine in accordance with...

Dunkin' Introduces New Plant-Based Breakfast Sandwich 

As the trend of Americans adding plant-based options to their diet blossoms, Dunkin' continues to give on-the-go consumers more ways to easily make plant-based food and beverages part of their day. Following the success of last year's Beyond Sausage® Breakfast Sandwich launch, the brand is beginning 2021 by adding another plant-based protein patty to its menu, teaming up with America's #1 veggie brand, MorningStar Farms®, to launch the new Southwest Veggie Power Breakfast Sandwich, a meatless sandwich that doesn't sacrifice on taste, now available for a limited time at participating Dunkin' restaurants nationwide.

The Southwest Veggie Power Breakfast Sandwich features a MorningStar Farms Black Bean Patty packed with southwest flavors, layered with...

Muscle Maker Grill Opens the Doors to Their First Ghost Kitchen Location

Muscle Maker, Inc. the parent company of Muscle Maker Grill, Healthy Joe’s and MMG Burger Bar, a fast-casual concept known for serving “healthier for you” meals, announced the opening of its first ghost kitchen location in the Fairmount neighborhood of the city of Philadelphia. The company will open its second location in the Girard neighborhood.

Both the Fairmount and Girard locations are centrally located near a high density of both student/university eaters as well as a large pool of corporate workers who commonly order...

USDA Approves Maine to Accept SNAP Benefits Online

U.S. Secretary of Agriculture Sonny Perdue announced approval of a request from Maine to provide online purchasing of food to Supplemental Nutrition Assistance Program (SNAP) households. This approval will allow Maine to expedite the implementation of online purchasing with currently authorized SNAP online retailers with a target start date to be announced at a later time.

Maine’s SNAP participation is more than 144,000 individuals, more than 78,000 households, and totals $204 million annually in federal benefits. This announcement further demonstrates...

REPORTER: Egg Product Markets Rally to Second Half Highs

Though retail demand for shell eggs has run significantly above average since the peak pandemic period, foodservice demand has struggled to return to normal volumes. As much as 22% of all U.S. production is destined for this channel, around 7% being shell eggs and the rest going into the sector in the form of egg products.

Processors have been forced to reduce outputs over the last eight months, evident in the USDA’s Eggs Processed Under Federal Inspection report, which showed total cases broken running at about 1.1 million a week from...

REPORTER: 3 Sprouting Plant Protein Brands to Watch in the New Year

2020 challenged cyclical norms across the global economy. An extended term of unwanted volatility and negative media coverage for conventional proteins became an opportunity for players in the plant protein market to thrive. Driving health and wellbeing into the focus for consumers around the globe, COVID-19 ignited a desire for increased options in food selection and further revealed preferences for sustainability and innovation. As countless entrepreneurs and investors clammer for a piece of the plant protein industry, three specialized brands have emerged with growth and...

Conagra Brands Issues Sustainability Accounting Standards Board Disclosure for Fiscal Year 2020

Conagra Brands announced the publication of its Sustainability Accounting Standards Board (SASB) metrics for fiscal year 2020. The disclosure details Conagra's ongoing focus on environmental excellence, strong governance, and safe operations. This marks the first time that Conagra has reported to the SASB framework according to the Standard for the Processed Foods industry as defined by SASB's Sustainable Industry Classification System®️ (SICS®️).

SASB is an independent, standards-setting organization dedicated to...

USDA, HHS Release Dietary Guidelines for Americans, 2020-2025

Nutrition in America took a major step forward with the publication of Dietary Guidelines for Americans, 2020-2025. Jointly published by the U.S. Departments of Agriculture (USDA) and Health and Human Services (HHS) every five years, the guidelines provide science-based recommendations designed to foster healthy dietary patterns for Americans of all ages – from birth through older adults. Importantly, this edition expands the guidance, for the first time including recommended healthy dietary patterns for infants and toddlers.

“At USDA and HHS, we work to serve the American people – to help every American thrive and live healthier lives through access to healthy foods and...

Urner Barry's Reporter Winter 2021 Issue Released; Read It Online For Free Now

A brand new issue of Urner Barry's Reporter is out! Volume 16, Number 1 is our first issue of 2021 and focuses on how the coronavirus pandemic is changing the way we work, shop and dine. This issue of the magazine features an interview with John Hott, the new CEO of Prestage Foods; a look at how restaurants like Taco Bell, Burger King and McDonald's are changing their layouts; and a break down of the future of grocery shopping with Amazon's new Amazon Fresh stores...

HMSHost Partners with National Restaurant Association to Underscore Safety Ahead of Travel Rebound

Today, the National Restaurant Association and its ServSafe division announced that HMSHost has signed on as a participant of the ServSafe Dining Commitment program aimed at bolstering the restaurant and foodservice industry’s recovery.

When consumers see the ServSafe Dining Commitment logo, they can rest assured that the restaurant has declared its dedication to training staff in safe food handling and establishing new guidelines for safe dining. Since the pandemic began, HMSHost has been abiding by the National Restaurant Association COVID-19 Safe Operating Guidance, FDA Best Practices for Restaurants, the HMSHost Growth Plan and comprehensive COVID-19 Manager’s Guide to Associate Safety & Wellness, and the laws and guidelines of federal, state and local municipalities...

Save A Lot Announces Sale of 51 Stores to Fresh Encounter

Save A Lot, one of the largest discount grocery chains in the U.S., today announced the latest update to its wholesale model transition with the sale of its 51 company-operated stores in the Tampa, Florida market to Fresh Encounter, a current Save A Lot Retail Partner licensee. Fresh Encounter will continue to operate the stores under the Save A Lot banner.

Today’s announcement builds on the successful completion of a comprehensive recapitalization of the business and significant deleveraging of the Company’s balance sheet in early 2020...

Conagra Brands Issues Sustainability Accounting Standards Board (SASB) Disclosure for FY 2020

Conagra Brands (NYSE: CAG) today announced the publication of its Sustainability Accounting Standards Board (SASB) metrics for fiscal year 2020. The disclosure details Conagra's ongoing focus on environmental excellence, strong governance, and safe operations. This marks the first time that Conagra has reported to the SASB framework according to the Standard for the Processed Foods industry as defined by SASB's Sustainable Industry Classification System®️ (SICS®️).

SASB is an independent, standards-setting organization dedicated to improving the effectiveness and comparability of corporate disclosure on material environmental, social and governance factors. SASB's approach to standard-setting uses a process that is evidence-based and market-informed...

REPORTER: Chicago Gets Creative to Help Restaurant Industry

This article was originally featured in the Winter 2021 Edition of Urner Barry's Reporter magazine.

The restaurant industry has encountered its share of adversity during the COVID-19 pandemic. From lockdowns to dine-in restrictions, the industry has had to roll with the ever-changing landscape. Many restaurants have survived thus far by pivoting away from their standard way of business in favor of al fresco dining. Conventional patios, sidewalks, parking lots and even streets have been re-imagined for today’s dining customer. Outdoor dining has been an attractive way for...

REPORTER: Protein Industry Facing Logistical Hiccups During the Pandemic

This article was originally featured in the Winter 2021 Edition of Urner Barry's Reporter magazine.

Add logistics to the laundry list of problems the coronavirus pandemic has thrown at the protein industry.

Throughout the pandemic, the protein industry faced multiple hiccups from a logistics standpoint. Labor has been an
issue at essentially every link in the supply chain. Domestically, meat plants have dealt with outbreaks. Meanwhile overseas, labor shortages at ports have stalled shipments and, in some cases, led to product heading back stateside...

REPORTER: A Food Trend Forecast for 2021

Predicting what foods will be popular in the upcoming year is no easy task given the uncertainty surrounding
consumers due to the pandemic. The food industry particularly has become more flexible than ever this
past year, and people are eager to get back to normal. But how will COVID-19 concerns and restrictions impact food
trends in 2021?

Despite all the unknowns that exist, Technomic’s outlook for the industry remains optimistic. Optimizing the menu,
directly addressing consumer needs and concerns, investing in technology to streamline transactions, and continuing to... 

REPORTER: Are “Dark Stores” the Future of Grocery Shopping?

Grocery stores closed to the public? That may be the future as more consumers look to get their food sent right to their doorsteps.

The surge in online grocery shopping has led several top retailers to create “dark stores,” which may look like grocery stores on the outside, but are solely in operation to fulfill online and pickup orders.

Throughout the pandemic many retailers opened up dark stores to keep up with online orders, generally as a
temporary solution to consumers looking to remain at home over coronavirus fears...

USDA Announces Dr. Carrie Castille as New NIFA Director

The U.S. Department of Agriculture (USDA) announced that President Trump has named Dr. Carrie Castille as the new, six year term director of the National Institute of Food and Agriculture. Dr. Castille will start her new role on Monday, January 4, 2021.

“Dr. Castille is a trusted leader in economic development and public policy and has more than 20 years’ experience in the agricultural sector. Her passion for agricultural research, teaching, and...

Hormel Foods and Acclaimed Chefs Reveal Top Food Trends for 2021

Goodbye, 2020, and hello 2021! Hormel Foods Corporation, a global branded food company, is helping culinary enthusiasts around the world welcome 2021 with an exciting round-up of food trends to expect in the new year.

"It's no surprise that comfort food, sourdough bread and whipped coffee had big moments this past year, as people hunkered down and spent more time at home than ever before," said Heather Vossler, director of innovation and insights at Hormel Foods. "What's interesting is that as we all eagerly look ahead to the fresh start of a new year, we're seeing...

The Consumer Confidence Index Declined in December

The Conference Board Consumer Confidence Index declined in December, after decreasing in November. The Index now stands at 88.6 (1985=100), down from 92.9 in November. The Present Situation Index – based on consumers’ assessment of current business and labor market conditions – decreased sharply from 105.9 to 90.3. However, the Expectations Index – based on consumers’ short-term outlook for income, business, and labor market conditions – increased from 84.3 in November to 87.5 this month.

The monthly Consumer Confidence Survey, based on a probability-design random sample, is conducted for The Conference Board by Nielsen, a leading global provider of information and analytics around...

Mercato Hires Jean-Michel Boujon as Chief Marketing Officer

Mercato, the online grocery eCommerce platform for independently owned grocery and specialty food stores, announced that it has hired Jean-Michel Boujon to be its Chief Marketing Officer. Boujon will direct all efforts associated with Mercato's brand, user acquisition, and lifecycle marketing. In addition, he will seek to advance the trend of consumers choosing to source their groceries from independent, locally-owned retailers.

"I am thrilled to announce that Jean-Michel has joined Mercato and to have him apply his talents to our company at such an important moment of our growth phase," said Bobby Brannigan, founder and CEO of Mercato. "He has a proven ability to...

The Catering Sector in France Adapts and Absorbs the Shock from COVID-19 Lockdowns

According to the latest data from The NPD Group, the share of “take-out” visits in France has doubled in catering, comprising 35% of total visits between March and October 2020, versus 17% over the same time period last year.

Restaurant owners have been able to adapt in order to develop their offerings toward take-out. They have reviewed the composition of the menus, developed the product mix, worked on the packaging and found new ways of communicating with...

FDA Warns Whole Foods Market After Repeated Food Recalls for Undeclared Allergens

Today the U.S. Food and Drug Administration (FDA) posted a warning letter issued to Whole Foods Market for a pattern of receiving and offering for sale misbranded food products necessitating a series of food recalls for allergens. In the last year, Whole Foods Market has recalled more than 30 food products because the presence of major food allergens was not listed on the finished product labels. The FDA noticed similar patterns of numerous recalls by Whole Foods Market for undeclared allergens in previous years as well. These products included...

PODCAST: Lifting Others as We Grow - Mark Winkler, US Foods

This week Mark Winkler of US Foods discusses their innovations and initiatives through the COVID-19 pandemic. Between setting up ghost kitchens, helping small businesses adapt to a lack of indoor dining, and...

COVID-19 Fuels a 50% Increase in Omnichannel Shopping Across the U.S. 

The COVID-19 pandemic has democratized e-commerce for all types of consumers, and over 18 million CPG buyers (and counting) in the U.S. have flooded the online space since March. Online shoppers have been mirroring their purchasing within the channel to their constantly shifting, pandemic-related needs and are becoming further entrenched in their shopping behaviors.

But not all online engagement leads to an online purchase. For many, online channels are a key means to compare prices, research new products and find physical stores, giving way to...

UB Consulting: Assessing the Protein Landscape as 2020 Comes to a Close

In an attempt to close out a despairing year for the foodservice industry, we once again take a look at the indicators we have analyzed in past reports. Back in March 2020, industry estimates...

Darden Restaurants Reports Fiscal 2021 Second Quarter Results

Darden Restaurants, Inc., (NYSE:DRI) today reported its financial results for the second quarter ended November 29, 2020.

Second Quarter 2021 Financial Highlights, Comparisons to Second Quarter Last Year

• Total sales of $1.66 billion, a decrease of 19.4% driven by negative blended same-restaurant sales of 20.6% and partially offset by the addition of 19 net new restaurants
• Same-restaurant sales by segment (Thanksgiving Day shifted to the last week of our second fiscal quarter this year from the first week of our third fiscal quarter last year)...

Technomic Releases 2021 Foodservice Industry Predictions for the U.S., Canada and Global Markets

Technomic has released three different whitepapers for the U.S., Canada and global markets, sharing foodservice industry predictions for the new year. The good news is that there is one thing the predictions have in common: a clearer road to recovery. With the approval and distribution of vaccines, we're able to see a light at the end of the tunnel for the following predictions to thrive.

Overall, Technomic foresees strong to moderate growth—specifically in the U.S. and Canada—over the next 12 months, being led by aggressive strategies...

Technomic Reports on the Current State of the Evolving Foodservice Technology Channel

Technomic recently released The State of Foodservice Technology 2020 covering operator survey results that explore the current landscape of technology use, identify priorities for future investment and provide insights into emerging trends.

“The report uncovers the current landscape of technology use in restaurants, identifies operator plans and priorities for future investment, and provides more clarity on the factors that are accelerating or, in some cases, hindering deeper integration of technology into restaurant operations,” explains Melissa Wilson, principal at Technomic...

Understanding Price Risk Management: an Interview with Stable

Urner Barry sat down with Richard Counsell to understand more about Stable’s business and the help they are providing the industry with their risk management tools. Growing up with a farming background in the southern UK, Richard spent his early career managing both commodity and technology focused businesses in London, Chicago and Melbourne. As the CEO of Stable, Richard currently divides his time between London, Minneapolis and Bermuda, expanding Stable's global platform to match complex commodity risks with simple financial solutions.

1. For the readers who have not yet heard of Stable, can you give a quick summary of your business?

Stable offers customizable price risk management tools across untraded, non-futures based agricultural markets. Our aim is to...

China’s Shifting Retail Landscape Signals the Permanence of Change Post-COVID-19

China’s rebound from COVID-19 has been unique. It came faster and with more demonstrable economic tailwinds for the economy than other markets. But it has also been a bellwether that has helped point to consumer behaviors elsewhere that have inevitably followed China’s lead. An example is the rebalancing of retail playing out around the world.

Pandemic-led shifts to further online adoption and an increased focus on neighborhood and small-format stores have become an ongoing normal. Though different to other markets, China helps us understand...

Aramark Nominates Bridgette Heller to Board of Directors

Aramark, a global leader in food, facilities management and uniforms, announced that Bridgette Heller has been nominated for election to the Company’s Board of Directors at its annual meeting of shareholders to be held on February 2, 2021.

A highly respected global business leader with 35 years of experience in food, health & wellness and consumer care, Heller most recently served as the President of Nutricia, the Specialized Nutrition Division of Danone.

During her tenure, Heller’s organization achieved industry-leading growth and profitability, while simultaneously championing diversity and inclusion. From 2010-2015, Heller served as...

Kroger Shares Top 10 Trending Foods of 2020 

The Kroger Co. announced the top 10 trending foods of 2020, as well as its food trend predictions for 2021.

Based on year-over-year sales growth across Kroger's business, including nearly 2,800 retail stores and pickup, delivery and ship, the trending foods and beverages of 2020 included:

1. Zero-Calorie Soft Drinks
2. Four-Cheese Mexican Blend Shredded Cheese
3. Flavored...

NAMI’s Challenge of California’s Prop 12 Receives Key Support

The North American Meat Institute’s (Meat Institute) lawsuit challenging the constitutionality of California’s Proposition 12 (Prop 12) received key support from the federal government and 20 states with the filing of two amicus briefs.

The U.S. Department of Justice filed an amicus brief in support of the Meat Institute’s petition for rehearing en banc in the U.S. Court of Appeals for the Ninth Circuit.

In addition, the States of...

November Retail Sales give Holiday Season Solid Start

November retail sales dipped from the month before but still showed the sixth consecutive monthly year-over-year gain by government calculations and set the stage for a healthy holiday shopping season compared with last year despite the pandemic, the National Retail Federation said today.

“Consumers held back on spending in November as virus rates spiked, states imposed retail restrictions and congressional stimulus discussions were gridlocked,” NRF President and CEO Matthew Shay said. “While consumers have been bolstered by increases in disposable income and savings, it’s clear that additional...

Women in Food and Agriculture Round Up Digital Festival with Mentorship Scheme and Survey

Last week the live component of the Women in Food and Agriculture (WFA) Digital Festival came to a close, having brought together over 600 representatives from the global food and agriculture sector. The event was developed to take the place of the annual face-to-face event and allowed attendees to learn from a range of on-demand and live sessions as well as network with the community and join interactive roundtables.

In the closing statements attendees were encouraged to support the advancement of diversity in the food and agriculture industry by taking part in the annual...

Year-End Insights from Urner Barry Consulting 

Join Urner Barry's Market Digest Host, Laura Zinger, for a live interview with Urner Barry Consulting's own Sr. Analyst, Angel Rubio. The session will cover how UBC helps companies within and around the protein industry, analysis of foodservice and retail sales, the impact of COVID-19, a look at macroeconomic indicators for the industry, and...

Restaurants and Third-Party Delivery Companies Agree to Public Policy Principles

The National Restaurant Association released Public Policy Principles for Third-Party Delivery (Principles) that define best practices for third-party delivery to guide lawmakers in developing public policy. The release of the Principles culminates a year-long effort by the Association to develop national guidelines based on the experiences of restaurant operators of all sizes. The Principles represent the first time the restaurant industry and third-party delivery companies have come together and agreed on a framework for their relationship.

Delivery represents one of the most important segments of growth for the restaurant industry. In a National Restaurant Association online survey of 1,000 adults conducted Dec. 7-9, 2020, 70% of adults say...

PODCAST: There's a New Sheriff in Town: Cece Corbin of NPFDA

This week we are joined by Cece Corbin, President of the National Poultry & Food Distributors Association or NPFDA. Cece and Laura discuss the power of networking in the protein industry, the effects of COVID-19 on...

Cal-Maine Foods Announces $40.1 Million Capital Project to Expand Cage-Free Production in Kentucky

Cal-Maine Foods announced that its Board of Directors has approved a $40.1 million capital project to expand the Company’s cage-free egg production at its Guthrie, Kentucky, production facility. The project will include related site work and the additional infrastructure to convert existing conventional capacity to house approximately 1.5 million cage-free hens and 300,000 pullets.

Construction will commence immediately with initial conversions expected in early 2021, first pullet placements by summer 2021 and the first layer house finished by fall 2021. Project completion is expected by...

Plant-Based Dairy and Egg Product Sales Reach $4 Billion in 2020

Market research firm Packaged Facts projects retail sales of plant-based dairy and egg products will rise at an average annual rate of 6.0%, reaching $5.2 billion by 2024. This is up from $4.3 billion in estimated sales in 2020, which itself is up from $3.9 billion in sales during 2019.

These findings were published in the brand new Packaged Facts report Dairy & Egg Alternatives: Outlook for Plant-Based & Cell-Cultured Consumer Products.

Despite potential industry disruptors such as the lingering economic impact of...

Inspire Brands Completes Acquisition of Dunkin’ Brands

Inspire Brands announced the completion of its $11.3 billion acquisition of Dunkin’ Brands Group.

With the addition of Dunkin’ and Baskin-Robbins, Inspire now encompasses nearly 32,000 restaurants across more than 60 countries generating $26 billion in annual system sales, making it the second-largest restaurant company in the U.S. by both system sales and locations. Inspire’s family of brands includes Arby’s, Baskin-Robbins, Buffalo Wild Wings, Dunkin’, Jimmy John’s, Rusty Taco, and SONIC Drive-In.

“We are very excited to welcome the Dunkin’ and Baskin-Robbins brands into the Inspire family. Dunkin’ and Baskin-Robbins are category leaders and two of...

Freshly Launches FreshlyFit, New Meals to Fuel Active Lifestyles

Freshly Inc., a fresh-prepared meal delivery service in the U.S., announced the launch of FreshlyFit, the company's first dedicated product line designed for consumers looking to command their health and fuel active lifestyles. Like Freshly, FreshlyFit's ready-to-eat meals are gluten-free and built on a foundation of clean, whole-food ingredients, but focus on a lower-carb, protein-powered nutritional profile to help fuel workouts, optimize recovery, maintain muscle mass, and support weight management. FreshlyFit meals have an average of 14 grams of net carbs, over 30 grams of protein, and 550 calories or less. More than a third of the meals contain zero added sugars.

Developed in response to customer demand, FreshlyFit meals are formulated by nutritionists and chefs and inspired by key attributes of keto, paleo, and plant-forward diet principles. Moving away from...

Barco Uniforms Partners with National Restaurant Association and ServSafe to Distribute Masks

Barco Uniforms, a recognized leader of design innovation in the premium Healthcare apparel industry, announced it has partnered with National Restaurant Association and ServSafe to donate and distribute 20,000 reusable face masks to restaurant operators across the United States.

While Barco has focused on designing and manufacturing premium Healthcare apparel for more than 90 years, it has expanded its product line to support essential workers and everyday heroes who do their part to keep their community safe, including...

Food Discounter Sales Set to Grow Over 10% in 2020 

While COVID-19 has proved catastrophic for many of Britain’s retailers, new research from Mintel reveals that this year has been a success story for food discounters, such as Aldi and Lidl, as sales grew 11% in 2020.

By the end of the year, Britain’s savvy shoppers will have spent an estimated £24 billion at food discounters. And, according to Mintel research, the nation’s love of discounters is set to continue as by 2025 Mintel estimates that food discount sales will top...

Walmart and Gatik Go Driverless in Arkansas and Expand Self-Driving Car Pilot To a Second Location

Last year Walmart began an autonomous vehicle pilot with Gatik to move customer orders on a two-mile route between a dark store (a store that stocks items for fulfillment but isn’t open to the public) and a Neighborhood Market in Bentonville, Arkansas. Since then, Walmart has safely driven more than 70,000 operational miles in autonomous mode with a safety driver.

Now, the company is taking the next step forward: Gatik’s multi-temperature Autonomous Box Trucks will operate this route driverless in the state of Arkansas. This achievement marks a new milestone that signifies...

Blue Apron Launching ‘Wellness 360’ Campaign Showing Benefits of Homecooking

In an attempt to entice consumers to continue home cooking during the winter months, Blue Apron has introduced its “Wellness 360” campaign which will showcase how home cooking can benefit holistic wellness, including physical, brain, relationship, mental and financial health.

“As our community of home cooks continue to be increasingly focused on their overall wellness, we designed Wellness 360 to expand the ways in which cooking with Blue Apron can support them on that journey,” said Dani Simpson, Blue Apron’s Head of Brand and Marketing. “We know home cooking is more than making a meal. It has the ability to unlock a host of different benefits across aspects of one’s daily life, including reducing stress...

IFMA Announces 2021 Executive Committee and Board of Directors

The International Foodservice Manufacturers Association (IFMA) announced today the election of officers and directors to its 2021 Board of Directors.

"The work and commitment of our Board of Directors has been paramount in ensuring IFMA's continued support of our membership with key insights and new resources during a critical and transformative year for the industry," said IFMA President and CEO Larry Oberkfell. "With Hugh Roth as Chair of the Board, and the...

USDA Chief Economist Dr. Robert Johansson to Depart 

U.S. Secretary of Agriculture Sonny Perdue today announced that U.S. Department of Agriculture’s (USDA) Chief Economist, Robert Johansson, will be leaving USDA to become Associate Director of Economics and Policy Analysis for the American Sugar Alliance at the end of January. Additionally, the Secretary announced Dr. Seth Meyer will return to USDA to be the new Chief Economist. 

“There is no doubt that I as well as the whole USDA family will miss Rob’s experience, preparedness, and direct economic analyses,” said Secretary Perdue. “During his tenure as Chief Economist, Rob has been an upstanding public servant. Rob helped set up and serve as...

Cracker Barrel Old Country Store Announces CFO Retirement

Cracker Barrel Old Country Store announced that the Company's Chief Financial Officer, Jill Golder, will retire from the Company on December 31, 2020. Ms. Golder will continue to assist the Company's executive team on a variety of matters following her retirement, including the orderly transition of her responsibilities, over the next several months.

Cracker Barrel's President and Chief Executive Officer, Sandra Cochran, commented, "Jill has contributed significantly to the success of Cracker Barrel over the last five years, and has been...

FDA Issues Emergency Use Authorization for First COVID-19 Vaccine

The U.S. Food and Drug Administration issued the first emergency use authorization (EUA) for a vaccine for the prevention of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) in individuals 16 years of age and older. The emergency use authorization allows the Pfizer-BioNTech COVID-19 Vaccine to be distributed in the U.S.

“The FDA’s authorization for emergency use of the first COVID-19 vaccine is a significant milestone in battling this devastating pandemic that has affected so many families in the United States and around the world,” said FDA Commissioner Stephen M. Hahn, M.D. “Today’s action follows an open and transparent...

Barchart and Urner Barry Partner on Distribution for Benchmark Protein Prices

Barchart, a leading provider of market data and technology services to the financial, media and commodity industries; and Urner Barry, the leading publisher of market news and prices for the food industry, jointly announce a data and price distribution partnership for the global food and beverage market.

Under the terms of the agreement, Urner Barry will join Barchart’s cmdty Pricing Network (CPN), where their benchmark poultry, egg, meat, and seafood prices will be made available to...

Mercato Hires Emily Keeton as Chief Financial Officer

Mercato, the eCommerce platform for independently owned grocery and specialty food stores, announced that it has hired Emily Keeton to be its Chief Financial Officer. In this role, Keeton will oversee all financial and administrative functions at Mercato.

Bobby Brannigan, founder and CEO of Mercato, said: "Emily is a terrific addition to our leadership team and we are excited to leverage her expertise and deep skillset as our company continues on its path of...

2021 Food Label Trends Deliver Safety and Security for Consumers and Retailers

As U.S. consumers turned to takeout, food delivery and online grocery shopping during the COVID-19 pandemic, food and beverage labeling took on fresh importance. Citing a 15-20% increase in grocery industry sales this year, and e-commerce sales up 43%, sustainable label leader UPM Raflatac found its grocery and restaurant delivery customers want to provide an increasingly safe experience with labels that provide visible safeguards for human health and protections for the environment.

"We knew packaging needs would change for our food industry customers given the COVID-19 shopping impact, and we are encouraged to see...

Retail Imports Still Strong after Setting New Records for The Holiday Season

Imports remain strong after setting new records this fall as retailers stocked up both stores and warehouses for the holiday season and met new demands for quick delivery of online orders, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“The pandemic has made the past year one of the most trying the supply chain has ever seen, but retailers have met that challenge,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “We’ve gone from not knowing whether we would be able to...