States are Banning Sale of Lab-Grown Meat - Before it Hits Grocery Shelves

Lab-grown meat isn't on grocery store shelves in the United States and it isn't coming anytime soon, but two states have banned it and others are weighing similar moves.

The restrictions are a sign that traditional meat producers fear losing market share to these new products, but they've also been divisive. Some in the livestock industry question the precedent of these actions in GOP-led states, fearing they could embolden blue states to further regulate meat production, including how chicken and hogs are raised...

Full Story »




































































































Walmart Opens High Tech Fulfillment Center in Greencastle, Pennsylvania

Walmart associates were joined by local elected officials and community members today to celebrate the grand opening of a new 1.5 million square-foot fulfillment center 10 miles north of Hagerstown, located at 1915 Ebberts Spring Court in Greencastle. This next generation facility will enable the retailer to fulfill more orders, more quickly.

"This is an exciting day for Greencastle, and we are thrilled to be the new home of Walmart's newest state-of-the-art fulfillment center," said Antrim Township Board of Supervisors Vice Chairman, Patrick Heraty...

Full Story »
May 17 1:43 PM, Urner Barry



Herbruck's Poultry Ranch Laying Off About 400 Staff in Michigan Due to Bird Flu

Herbruck's Poultry Ranch is temporarily laying off about 400 employees in Michigan due to the spread of bird flu.

The company's chief human resources officer Stephanie Kempa said the virus impacted the company's hen population at some farms in Ionia County.

"The company plans to rehire many positions as hen replenishing and egg production increases," Kempa said in a letter to the state Department of Labor and Economic Opportunity.

Full Story »
May 17 3:48 PM, FeedInfo


ANALYSIS: Chicken Hatch Figures “Crack On”

From a historical perspective, May typically marks a pivotal time for those in the chicken industry. With chicken-centric holidays such as Superbowl, March Madness, and Mother’s Day now in the rearview mirror, market participants are keeping a watchful eye on prevailing demand patterns as consumers begin to transition into “grilling season”.

While it remains to be seen how demand will ultimately play out moving forward and whether or not chicken will remain competitive in the retail and food service spaces, market participants are opting to focus their attention on the...

Full Story »
May 17 8:05 AM, Urner Barry


CJ Logistics America Opening Centrally-Located Cold Storage Warehouse in Kansas City

CJ Logistics America, a leading innovative supply chain and technology company, announced today that it will be opening a new cold storage warehouse in New Century, Kansas, just 30 miles outside of Kansas City. Developed in a joint venture by Yukon Real Estate Partners, a national cold storage developer, and BGO, a global leader in cold storage real estate, the project boasts a rail-served 291,000 square foot warehouse complete with Alta EXPERT refrigeration and is targeted to open its doors in Q3 2025.

 

 

Full Story »
May 16 9:54 AM, Urner Barry


Perkins Restaurant & Bakery Heads to California With 10 Unit Development Deal

Perkins Restaurant & Bakery®, a leading family-dining restaurant serving homestyle comfort classics and fresh-from-the-oven pies, is thrilled to announce a milestone in its storied franchising history. The brand recently signed a groundbreaking 10 unit development deal, marking Perkins first foray into California and underscoring its commitment to bringing its beloved offerings to new communities.

The announcement comes at an exciting period of franchising for Perkins as the brand has experienced a record breaking year of growth....

Full Story »
May 16 9:42 AM, Urner Barry


PERDUE® Expands SHORT CUTS® Product Line with Two New Varieties

PERDUE® SHORT CUTS® Hickory Smoked Chicken Breast Strips and PERDUE® SHORT CUTS® Shredded Roasted White Meat Chicken Bring New Flavor and Preparation Techniques to Mealtime

PERDUE®, the number-one brand of fresh chicken in the U.S., announced the expansion of its SHORT CUTS® product line with the introduction of PERDUE® SHORT CUTS® Hickory Smoked Chicken Breast Strips and PERDUE® SHORT CUTS® Shredded Roasted White Meat Chicken. The new offerings tap into trending flavors and preparation techniques that...

Full Story »
May 16 9:35 AM, Urner Barry


ANALYSIS: Checking-In on Turkey Market Supply Factors

Although mid-May trade conditions have been slow to shift the undertone surrounding whole-body turkeys and raw materials, there is no shortage of variables which are weighing heavily on the minds of market participants as they refine their expectations for the road ahead. Central to many turkey-related conversations remains disease.

As illustrated by this week’s chart, year-to-date (YTD) commercial HPAI outbreaks have risen about 84%, or 229.6 thousand head, when compared to a similar period one year prior...

Full Story »
May 16 8:05 AM, Urner Barry


The Retail Rundown: Memorial Day Promotions; Latest CPI Data

Spring is in the air… and the first inklings of summer are making a reappearance too. Memorial Day is less than two weeks out and grocers are enthusiastically preparing for the official start of the grilling season.

Cookout staples like charcoal, outdoor serving ware, grilling cuts, and all things barbeque are migrating toward the front page of circulars, bringing increased visibility to the meat case, deli counter, and prepared foods sections of the store. 

In the week leading up to Memorial Day weekend last year, 78-84% lean ground beef was...

Full Story »
May 15 8:45 AM, UB Newswires


2024 U.S. Grocery Shopper Trends Series: How Consumers Are Finding Value at the Grocery Store, FMI

Shoppers enjoy food shopping as much as ever, according to the latest annual survey by FMI – The Food Industry Association, conducted by The Hartman Group. The analysis kicking off this 2024 series, U.S. Grocery Shopper Trends: Finding Value, provides a crucial snapshot of consumer behavior and sentiment in the most frequently purchased consumer category amid ongoing concerns about the impact of inflation on the cost of groceries.

While consumer concerns about food inflation persist, FMI’s newly launched U.S. Grocery Shopper Sentiment Index, which accounts...

Full Story »
May 15 8:00 AM, Urner Barry


McLane Announces Grand Opening of McLane Innovation Kitchen

McLane Company Inc., one of the nation’s largest distributors and an industry-leading partner to retail and restaurant brands nationwide, recently announced the grand opening of its Innovation Kitchen at the company’s headquarters in Temple, Texas.

Designed for customers as a full-scale replica of the complete c-store experience, this state-of-the-art space showcases how cutting-edge retail foodservice equipment and products seamlessly fit into various footprints and counter spaces while exploring the world of McLane Fresh, Emerging Brands and CVP private label brands...

Full Story »
May 14 2:16 PM, Urner Barry


Jack in the Box Celebrates Jack Box’s Birthday With a Week of FREE Food

Jack in the Box, Inc. knows that birthdays should be birth-weeks. Jack Box, the chain’s beloved leader, is known for giving fans what they want, even on his own birthday. Jack Pack members can take advantage of daily free food offers from May 13 - 19 online and through the Jack app.

For the whole week of Jack Box’s birthday, Jack Packers will get rewarded each day with a new offer with any $1 purchase. Schedule of free offers include...

Full Story »
May 14 8:00 AM, Urner Barry


Colombian Government Considers $5 Mln Investment in Agricultural Bio-Inputs Plant

The Colombian government is studying a potential USD $5 million investment to construct a public agricultural bio-inputs plant, based on information disclosed by the Ministry of Agriculture to Blu Radio.

This initiative forms part of Colombia's broader strategy to enhance its agricultural infrastructure and comes amidst escalating costs for key agricultural inputs such as urea, which have seen historical price surges due to global market fluctuations influenced by the Ukraine conflict.

The proposed plant aims to develop a range of products essential for local agricultural operations...

Full Story »
May 13 10:22 AM, FeedInfo


Thrive Market Hires April Lane as Chief Merchandising Officer

Thrive Market, the healthy and sustainable online grocery store, has named April Lane its Chief Merchandiser. Lane brings decades of e-commerce experience to her role and has a significant track record of advancing e-commerce merchandising at scale.

As the Chief Merchandising officer, Lane will be responsible for the site’s merchandising, which spans Food, Home, Health, and Beauty. She will also manage the Food Safety and Quality (FSQA) team, which oversees food quality, safety, and regulatory compliance across all product categories, including both branded and owned brands...

Full Story »
May 13 9:51 AM, Urner Barry


ANALYSIS: March's Turbulent Tradewinds in Chicken Exports

The latest chicken export data through the end of March leaves some room for interpretation depending on one’s vantage point. Closing Q1 at 558.5 thousand pounds, total export tonnage rebounded 2.1% from February. This loosely coincides with the seasonally-anticipated average uptick of 7% realized over the past five years. Nonetheless, March’s closing tally was slow to make year-over-year (YoY) headway; standing just shy of 11% below ’23 levels.

In terms of value, March’s reading retreated by about 10% when compared to this time last year. Market participants are...

Full Story »
May 10 8:13 AM, Urner Barry


Packaged Facts Illuminates the State of the U.S. Food Market

Propriety survey shows that 53% of consumers are still very concerned about rising food prices.

In a dynamic landscape where food and beverage trends evolve faster than ever, Packaged Facts’ latest report, U.S. Food Market Outlook 2024: Opportunities & Challenges With Pricing, Convenience, Sustainability & More, provides a compass for industry players navigating uncharted waters.

The food industry faces unprecedented tests—from supply challenges and rising labor costs to changing consumer preferences and increasing need to address sustainability issues. Packaged Facts’ new report equips retailers, service providers, wholesalers, food processor...

Full Story »
May 10 8:04 AM, Urner Barry


Podcast: Agri-Food for Thought Ep 9 - Rising Input Costs, feat. Special Weather Analyst

Full Story »
May 10 8:00 AM, Urner Barry


Brazil's BRF Shares Rise Almost 14% After Strong Q1 Results

Shares in Brazilian pork and chicken processor BRF SA rose almost 14% in early afternoon trade on Wednesday after the company reported strong quarterly results on better pricing in export markets and lower grain costs.

The company said it earned a net 594 million real ($116.88 million) in the first quarter, which is seasonally weaker than the preceding one, beating the average of analysts' expectations of a 449.79 million real gain.

Analysts at BTG Pactual said in a note to clients that BRF's performance was "impressive."...

Full Story »
May 9 10:21 AM, Urner Barry


B&G Foods Reports Financial Results for First Quarter 2024

B&G Foods, Inc. today announced financial results for the first quarter of 2024. Financial results for the first quarter of 2024 reflect the impact of the Green Giant U.S. shelf‑stable divestiture during the fourth quarter of 2023.

Summary

Guidance for Full Year Fiscal 2024

  • Net sales revised to a range of $1.955 billion to $1.985 billion.
  • Adjusted EBITDA revised to a range of $300 million to $320 million.
  • Adjusted diluted earnings per share revised to a range of $0.75 to $0.95...
Full Story »
May 9 9:33 AM, Urner Barry


US Foods Reports First Quarter Fiscal Year 2024 Earnings

rew Net Sales 4.8% to $8.9 Billion and Gross Profit 4.9% to $1.5 Billion

Net Income of $82 Million

Grew Adjusted EBITDA 6% to $356 Million and Reaffirms Fiscal Year 2024 Guidance

Closed on IWC Food Service Acquisition in April

US Foods Holding Corp., one of the largest foodservice distributors in the United States, today announced results for the first quarter fiscal year 2024.

First Quarter Fiscal 2024 Highlights

  • Net sales increased 4.8% to $8.9 billion
  • Total case volume increased 4.2%...
Full Story »
May 9 9:20 AM, Urner Barry


Pete & Gerry’s Broadens Distribution Partnership with Publix to Include Pasture-Raised Eggs

Pete & Gerry's, LLC, a pioneer in humane egg farming, today announced that Pete & Gerry's Pasture-Raised™ Eggs will now be available in all 1,400+ Publix Super Markets throughout the Southeast. Joining Pete & Gerry's Organic® and Nellie’s Free Range eggs in the egg aisle, the Pete & Gerry's Pasture-Raised is now on shelves in all Publix stores throughout Alabama, Florida, Georgia, Kentucky, North Carolina, South Carolina, Tennessee, and Virginia.

Introduced last year to the Pete & Gerry’s portfolio, Pete & Gerry’s Pasture-Raised Eggs are laid by...

Full Story »
May 9 9:16 AM, Urner Barry


Hormel Foods Announces Appointment of Colleen Batcheler as Senior Vice President

Hormel Foods Corporation, a Fortune 500 global branded food company, today announced that Colleen Batcheler has been appointed to the role of senior vice president, external affairs & general counsel.

In this critical role, Batcheler will oversee the organization's global Legal and External Affairs function, including corporate governance and securities, M&A, intellectual property, litigation, labor and employment, and legislative and regulatory affairs. She will report directly to Jim Snee, chairman of the board, president and chief executive officer at Hormel Foods.

"I'm thrilled to welcome Colleen to...

Full Story »
May 9 8:35 AM, Urner Barry

ANALYSIS: Turkey Export Volume Closes Q1 on a Relatively Positive Note

The latest turkey export data marks a continuation of the year-over-year (YoY) advances in outward tonnage which have been evident over the past nine months. Coming in at 37.7 million pounds, March’s closing tally stood 15%, or 3.5 million pounds, above this time in 2023. Given the ongoing complications with HPAI-related production and export constraints, it bears noting that total export figures still remain situated at the third-lowest seasonal level realized in two decades. Export value during this timeframe notched lower by 0.5%; positioning...

 

Full Story »
May 9 8:00 AM, Urner Barry


Monthly Import Cargo To Reach 2 Million TEU Through Early Fall

Monthly inbound cargo volume at the nation’s major container ports should consistently be above 2 million Twenty-Foot Equivalent Units through this summer and into early fall, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“We haven’t seen numbers this high for this many months in almost two years,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Regardless of what headlines about the economy might say, consumers are shopping and retailers are making sure they... 

Full Story »
May 8 1:18 PM, Urner Barry


Burger King® Celebrates 70 Years With a New Birthday Pie Dessert and a Week Full of Delicious Deals

HAPPY 70th BIRTHDAY, BK! Burger King® is inviting Guests to celebrate its milestone birthday with an all new and festive dessert – the Birthday Pie Slice. Available for a limited-time at participating restaurants nationwide starting May 13, the new Birthday Pie Slice features a creamy birthday cake flavored pie-filling in a cookie crumb crust topped with rainbow-colored sprinkles, cake bites, and whipped topping.

The party doesn’t stop there! Burger King is best known for the...

Full Story »
May 8 11:39 AM, Urner Barry


Brazilian Feed and Animal Protein Industries Face Disruptions Amid RS Worst Flood in History

Recent catastrophic rainfall across Rio Grande do Sul (RS), has caused what some are referring to as the worst floods in the history of Brazils most southern state. The city of Porto Alegre recorded alarming numbers where in just three days, 260 mm accumulated, equivalent to more than two months of precipitation.

Approximately 534,000 homes and businesses are without electricity, according to the Ministry of Mines and Energy. The National Municipalities Confederation noted financial damages surpassing R$ 559.8 million (Approximately $110 million)​​... 

Full Story »
May 8 10:30 AM, FeedInfo


Ernst Leads Bipartisan, Bicameral Effort to Protect Poultry Exports

U.S. Senator Joni Ernst (R-Iowa) led over 50 of her colleagues in calling on the U.S. Department of Agriculture (USDA) to protect America’s agricultural competitiveness by adopting a better definition of "poultry" so Iowa farmers will not miss out on trade opportunities.

In the letter to USDA’s Animal and Plant Health Inspection Service Administrator Dr. Michael Watson, they advocated for the World Organization for Animal Health (WOAH) to adopt the definition of "poultry" unanimously approved by the United States Animal Health Association (USAHA).

The lawmakers explained the...

Full Story »
May 8 9:51 AM, Urner Barry


Private sector Leaders Announce Support for Antimicrobial Use Stewardship Principles in Poultry

Now includes over 40% of global poultry meat production

USAID-funded TRANSFORM project has united 26 organizations in antimicrobial use stewardship in an effort to combat antimicrobial resistance

Antimicrobial use in animals or humans could lead to antimicrobial resistance (AMR), which weakens our ability to prevent and treat future infections. Recognizing the responsibility to safeguard the efficacy of these essential medicines, the following organizations announce their endorsement for science-based antimicrobial use stewardship principles that promote the health of poultry to avoid the need to use antimicrobials...

Full Story »
May 8 9:35 AM, Urner Barry


The Retail Rundown: Showdown for Consumer Dollars this Mother's Day

Grocers and foodservice are preparing for a showdown with Mother's Day just a few days away. 

The upcoming holiday typically favors foodservice sales over retail as consumers celebrate their loved ones by visiting a dining establishment. According to the National Restaurant Association, 34% of consumers will dine out this Sunday, particularly during lunch and dinner. An additional 12% will order takeout or delivery.

However, retailers have a few tricks up their sleeves to get shoppers through the door by promoting deals on flowers, cards, gifts, and more. Grocers...

Full Story »
May 8 6:49 AM, UB Newswires


Popeyes Launches NEW Golden BBQ Chicken Sandwich to Bring Back Lunch Fun

Today, Popeyes® unveils their NEW Golden BBQ Chicken Sandwich, as the latest innovation on its famous Chicken Sandwich lineup. This new offering is more than just a sandwich; it's a declaration that lunch should no longer be boring.

Featuring a new sweet and tangy Golden BBQ sauce, this sandwich is sure to amp up your lunch hour. The Golden BBQ Chicken Sandwich features a buttermilk-battered chicken breast made with all white meat in a sweet and tangy Golden BBQ sauce, served on a buttery-toasted...

Full Story »
May 7 9:03 AM, Urner Barry


The Wendy's Company Reports 2023 Corporate Responsibility Progress

The Wendy's Company released its 2023 Corporate Responsibility report today, highlighting continued progress against Good Done Right, the Company's corporate responsibility strategy. In the report, Wendy's® details progress the Company has made across initiatives focused on responsible sourcing, fostering equitable workplaces and communities, and reducing greenhouse gas (GHG) emissions from restaurant operations and the supply chain. In 2023, Wendy's also strengthened stakeholder collaboration – a key ingredient to advancements across its Food, People and Footprint pillars – particularly with franchisees and direct and indirect suppliers...

Full Story »
May 6 10:29 AM, Urner Barry


Pizza Hut Announces Carl Loredo President of Pizza Hut U.S.

New Appointment Supports Pizza Hut’s Ambitious Growth Agenda

Today, Pizza Hut announced that Juan Carlos “Carl” Loredo will join the company as the President of Pizza Hut U.S., reporting to Pizza Hut Division Chief Executive Officer Aaron Powell, effective June 3. In this role, Loredo will assume responsibility for driving overall performance of the brand’s U.S. business.

“Carl comes to Pizza Hut with a strong track record of positioning brands for success and delivering results in highly competitive markets. He is adept at helping brands show up in novel and...

Full Story »
May 6 10:15 AM, Urner Barry


INSIGHT: Experts Challenge Allegations of Poultry Litter in Feed Spreading HPAI in Cattle

In the weeks since the unprecedented discovery of US cattle testing positive for highly pathogenic avian influenza (HPAI), some mainstream media outlets have attempted to connect this to the use of poultry litter in cattle feed.

However, those familiar with the science and with the workings of the US livestock and poultry industry find the idea rests on shaky grounds.

Experts believe cattle infected by wild birds

In a document published on 26 April, the US Animal and Plant Health Inspection Service (APHIS) stated “The genetic and epidemiological data indicate spillover of the virus from...

Full Story »
May 3 8:35 AM, FeedInfo


ANALYSIS: Weighing In on YTD Chicken Headcount

Given the wide array of production challenges related to disease and low hatchability, chicken market participants are keeping their eyes glued to the slaughter data as they attempt to hone their expectations for the road ahead. When it comes to 2024’s cumulative production, total headcount continues to retreat by about 2.7% year-over-year (YoY). This amounts to a 70 million head reduction from a similar period in ’23. Still, at about 2.6 billion birds, year-to-date (YTD) headcount continues to reside at the fifth-highest level in at least two...

Full Story »
May 3 8:09 AM, Urner Barry


Publix Reports First Quarter 2024 Results and Stock Price

Publix’s sales for the three months ended March 30, 2024 were $15.1 billion, a 5% increase from $14.3 billion in 2023. Comparable store sales for the three months ended March 30, 2024 increased 2.8%. The company estimates sales increased 1% due to the effect of the Easter holiday being in the first quarter of 2024. In 2023, the effect of the Easter holiday was in the second quarter.

Net earnings for the three months ended March 30, 2024 were $1.4... 

Full Story »
May 3 8:00 AM, Urner Barry


Standard Meat Company Announces Appointment of Keith Blanks as Chief Commercial Officer

Standard Meat Company (SMC) Co-President Ashli Rosenthal Blumenfeld announced the appointment of Keith Blanks to the position of Chief Commercial Officer (CCO) at the family-owned firm.
Founded in 1935 and headquartered at the iconic Stockyards in Fort Worth, Standard Meat Company (SMC) is a meat processing and packaging firm with plants in Dallas, Fort Worth, Saginaw, and Ponder, Texas. An industry leader in quality and innovation, the company is a global supplier of custom meat portioning and packaging solutions for...

Full Story »
May 2 11:44 AM, Urner Barry


Papa Johns Announces Kurt Milburn as Chief Supply Chain Officer

Papa John's International, Inc. today announced the promotion of Kurt Milburn to Chief Supply Chain Officer, succeeding Shane Hutchins, who will retire after 26 years at Papa Johns, where he served as Chief Supply Chain Officer since October 2018. Mr. Hutchins will continue to work with Papa Johns as a consultant on special projects and to ensure a smooth transition.

Mr. Milburn joined Papa Johns in 2022 as Vice President of Supply Chain Operations and since that time has taken on additional responsibility to include engineering and...

Full Story »
May 2 11:32 AM, Urner Barry


ANALYSIS: Turkey Headcount Slips to Record Low

Although transactional activity within the turkey complex remains seasonally thin here in mid-Q2, there is no shortage of variables which are catching the attention of market participants.

The latest Monthly Slaughter Report is perhaps top of mind for many players on the turkey side of the business, and with good reason. Total headcount retreated by 5% from February, and by a notable 18% when compared with this time last year. Coming in at 15.5 million head, March’s data also represents the lowest reading observed in over two decades...

Full Story »
May 2 8:06 AM, Urner Barry


Ventura Foods to Acquire DYMA Brands

Ventura Foods, a food manufacturing and innovation company specializing in custom and branded products for restaurants and retailers, has reached an agreement to acquire DYMA Brands.

Headquartered in Atlanta, Georgia, DYMA Brands is a leader in liquid portion control and bulk condiments, seasonings, and dry blend mixes for the foodservice industry. It has more than 500 employees and operates manufacturing facilities in Bremen, Georgia; Duluth, Georgia; Bondurant, Iowa; and Visalia, California.

All DYMA Brands employees and manufacturing locations will be acquired as part of the transaction. The DYMA Brands company will...

Full Story »
May 2 8:00 AM, Urner Barry


Wingstop Inc. Reports Fiscal First Quarter 2024 Financial Results

Wingstop Inc.today announced financial results for the fiscal first quarter ended March 30, 2024.

Highlights for the fiscal first quarter 2024 compared to the fiscal first quarter 2023:

  • System-wide sales increased 36.8% to $1.1 billion
  • 65 net new openings in the fiscal first quarter 2024
  • Domestic same store sales increased 21.6%
  • Domestic restaurant AUV increased to $1.9 million
  • Digital sales increased to 68.3% of system-wide sales
  • Total revenue increased 34.1% to $145.8 million
  • Net income increased 83.5% to $28.7 million, or $0.98 per diluted...
Full Story »
May 2 8:00 AM, Urner Barry


Golden State Foods Promotes Mariana Manole to Senior Vice President, Global FSQR 

Golden State Foods (GSF), one of the largest diversified suppliers to the foodservice and retail industries, is pleased to announce the promotion of Mariana Manole to senior vice president, global Food Safety, Quality, and Regulatory Affairs (FSQR), as well as the appointment of Steve Ross as senior vice president, operations, Liquid Products North America (LPNA).

Based in Conyers, Georgia, Manole will serve as GSF’s chief quality leader, responsible for ensuring all worldwide manufacturing facilities and distribution centers meet food safety laws, federal, state, and local regulatory...

Full Story »
May 1 12:35 PM, Urner Barry


The Retail Rundown: Maximizing May’s Buying Occasions

The grocery sector is maximizing several buying occasions this month as the change in weather and outdoor grilling season breathes new life into the meat case.

May brings about a seasonal shift as daily life bustles with spring activities like sports and outings—boosting the supermarket's convenience and snack food sections. Busy families will also frequent the deli counter more often and turn to quick dinners and frozen options for weekday meals.

Retailers are currently highlighting holiday items for Cinco de Mayo this Sunday. The upcoming holiday, which commemorates the anniversary of Mexico’s...

Full Story »
May 1 8:15 AM, UB Newswires


Subway Sale to Roark is Complete

Transaction signals next phase of Subway’s journey, capitalizing on three years of growth

Subway®, one of the world’s largest restaurant brands, today completed its previously announced sale to affiliates of Roark.

The acquisition comes on the heels of Subway’s three exceptional years of sales growth and positive global net restaurant growth for the first time since 2016. The brand has continued to innovate in 2024, with the introduction of Subway Sidekicks, a hot new menu category, and a fresh lineup of signature wraps, served on a new lavash-style flatbread...

Full Story »
May 1 6:58 AM, Urner Barry


Noelle O'Mara Named Executive Vice President of Conagra Brands

Conagra Brands, Inc. today announced the appointment of Noelle O'Mara as executive vice president & president, New Platforms and Acquisitions effective May 6.

In this role, O'Mara will have responsibility for identifying and scaling new organic growth platforms and acquisitions. This work will span strategy, product innovation, commercialization, synergy capture, and in-market execution.

"Noelle's leadership and track record of delivering results will be instrumental in advancing Conagra's ambition to further scale emerging brands while delivering an ambitious innovation and growth strategy," said Sean Connolly, president and chief executive officer, Conagra Brands...

Full Story »
Apr 30 10:27 AM, Urner Barry


USDA Confirms Detection of Avian Influenza in Dairy Cattle in Colorado

Yesterday, the US Department of Agriculture’s (USDA) National Veterinary Services Laboratory (NVSL) confirmed a detection of Highly Pathogenic Avian Influenza (HPAI) H5N1 in dairy cows in Northeast Colorado. This is the first detection of avian influenza diagnosed in cattle in Colorado. Detections of HPAI in dairy cattle have occurred in eight other states.

On Monday, April 22, the Colorado State Veterinarian’s office received a notification of a dairy herd demonstrating clinical signs consistent with HPAI in cattle. Samples submitted to the Colorado State University Veterinary Diagnostic Laboratory tested presumptive positive for HPAI on April 24, and were confirmed by the USDA's National Veterinary Services Laboratory on April 25.

Full Story »
Apr 30 8:00 AM, Urner Barry


INTERVIEW: Six Months On, France’s World-First HPAI Vax Campaign Seen as Successful

Early April marked six months since French authorities, along with the country’s poultry sector, embarked on an ambitious effort to vaccinate every commercially-raised duck on the mainland against highly pathogenic avian influenza (HPAI). The decision made it a global pioneer; although HPAI vaccines had been used in non-exporting countries to protect food security, no major exporter has done so, and the world has been closely watching the experiment. As an industry representative told Feedinfo last year, “We’re a bit like the guinea...

Full Story »
Apr 29 10:14 AM, FeedInfo


802 VT Frozen Recalls Frozen Meat Pizza Products Due to Misbranding and Undeclared Allergens

802 VT Frozen, a Newport, Vt. establishment, is recalling approximately 8,221 pounds of frozen meat pizza due to misbranding and undeclared allergens, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today. The product contains soy, a known allergen, which is not declared on the product label.

The frozen meat pizza item was produced from April 25, 2023, through April 25, 2024. The following product is subject to recall [view labels]:

  • 17.8-oz. cardboard box containing “802 VT Frozen MEAT!!! CRISPY WOOD-FIRED...
Full Story »
Apr 29 9:01 AM, Urner Barry


USDA Finalizes Policy to Protect Consumers from Salmonella in Raw Breaded Stuffed Chicken Products

The U.S. Department of Agriculture’s (USDA) Food Safety and Inspection Service (FSIS) today announced its final determination to declare Salmonella an adulterant in raw breaded stuffed chicken products when they exceed a specific threshold (1 colony forming unit (CFU) per gram or higher) for Salmonella contamination.

This final determination is part of FSIS’ broader efforts to reduce Salmonella illnesses associated with the raw poultry supply in the United States. FSIS intends to address Salmonella contamination in other raw poultry products later this year...

Full Story »
Apr 29 8:00 AM, Urner Barry


ANALYSIS: Chicken Cold Storage, Cracking Open the Freezer Doors

The latest Cold Storage Report generally aligns with the monthly movement observed over the past five years, while also shining light on the notable reduction in year-over-year (YoY) inventory holdings. Total public warehouse stocks through the end of March hit 763.7 million pounds, which represents a 10.5% retreat from a similar period back in ’23. This coincides with the relatively well-accounted-for supply state on the street, along with the negative impact that disease and low hatchability continue to have on the production front...

Full Story »
Apr 26 10:15 AM, Urner Barry


Makers of HORMEL® NATURAL CHOICE® Reintroduce Chicken and Roast Beef to Portfolio of Deli Products

The makers of the HORMEL® NATURAL CHOICE® brand, a trusted name in deli products and maker of 100% natural*, completely delicious deli meat, are excited to reintroduce two items to its appetizing lineup of deli options: Deli Roast Beef and Rotisserie Seasoned Deli Chicken Breast. These varieties join a wide-ranging portfolio of 100% natural* deli products, with no nitrates or nitrites added**, and no preservatives.

"We work hard to ensure that every product we provide is completely...

Full Story »
Apr 26 8:01 AM, Urner Barry


Domino's® is Tipping Customers Who Tip Their Delivery Drivers

Domino's Pizza Inc. brought you Carryout Tips. Now the largest pizza company in the world, known for its value innovation, is launching You Tip, We Tip – a promotion that tips customers who tip their delivery drivers, beginning April 29.

"Domino's drivers have been hustling to deliver hot, delicious pizzas since 1960, and we love that customers have been tipping them for their great service since day one," said Kate Trumbull, Domino's senior vice president – chief brand officer. "But these days, everywhere you...

Full Story »
Apr 25 11:20 AM, Urner Barry


ANALYSIS: Tightening Turkey Production Trends

Given the relatively serene state of the turkey market here in early Q2, market participants are keeping their eyes trained on the stats as they refine their expectations for the road ahead. When it comes to supply-facing variables, disease remains a top consideration, and with good reason. In just the first four months of the year, about 346 thousand commercial turkeys have been impacted by HPAI. Although this figure represents only a small fraction of the industry’s annual production potential, it is one part of a more complex scenario currently unfolding on the supply...

Full Story »
Apr 25 8:32 AM, Urner Barry


USDA Actions to Protect Livestock Health From Highly Pathogenic H5N1 Avian Influenza

To further protect the U.S. livestock industry from the threat posed by highly pathogenic H5N1 avian influenza, USDA is sharing a number of actions that we are taking with our federal partners to help us get ahead of this disease and limit its spread.

Today, USDA’s Animal and Plant Health Inspection Service (APHIS) announced a Federal Order requiring the following measures, effective Monday, April 29, 2024:

Mandatory Testing for Interstate Movement of Dairy Cattle

  • Prior to interstate movement, dairy cattle are required to receive...
Full Story »
Apr 25 8:00 AM, Urner Barry


Hormel Foods Announces Retirement of Jeff Grev, Vice President of Legislative Affairs

Hormel Foods Corporation, a Fortune 500 global branded food company, today announced that Jeff Grev, vice president of legislative affairs, will be retiring after a 40-year career with the company. Chad Randick, director of strategy and current lead of the company's transformation and modernization initiative, will succeed Grev as vice president of legislative affairs.

As vice president of legislative affairs, Randick will assume responsibility for overseeing all state and federal legislative affairs, and regulatory affairs.

"Chad's deep knowledge of our business and leadership experience in finance, sales...

Full Story »
Apr 24 10:18 AM, Urner Barry


The Retail Rundown: Abundance of Springtime Eating Occasions

There is an abundance of springtime eating occasions and grocers are gearing up for a triathlon of sorts with Cinco De Mayo, Mother’s Day, and Memorial Day fast approaching.

The produce section and the meat case are expected to benefit from Cinco de Mayo as those celebrating load up on beef, pork, and chicken for a variety of dishes like tacos, fajitas, burritos, and carnitas. These dishes are often accompanied by fixings like guacamole and salsa, boosting sales of avocadoes, mangoes, and more...

Full Story »
Apr 24 10:05 AM, UB Newswires


Grocer Lowers Prices on Essential Basket Staples, Asking Customers to "Compare & Save" Versus National Brands

All customers will have access to new giant savings on Giant brands with hundreds of new lower prices. They simply need to look for the "Compare and Save" tags on items in every aisle. The Flexible Reward promotion allows customers to earn 2x the points on Giant brand item purchases. These points can then be redeemed for grocery savings, gas savings or unique product offerings during future trips.

"At Giant Food, we have always offered great savings to our customers through our...

Full Story »
Apr 24 9:43 AM, Urner Barry


2 Feared Dead After Cargo Plane Crashes in Alaska

A Douglas DC-4 cargo plane crashed in the central Alaska Tuesday, killing two people onboard, local authorities said.

The plane took off in the morning from Fairbanks International Airport and crashed about 11 km from there, catching fire on a steep hill on the bank of the river and sending "a large plume of smoke," The Associated Press reported, quoting Alaska State Troopers as saying.

The National Transportation Safety Board (NTSB) was sending investigators to the site, said Clint Johnson, chief of the NTSB's Alaska...

Full Story »
Apr 24 8:35 AM, Urner Barry


Perkins Restaurant & Bakery Is in Its Prime With Weeklong Juicy Deals in Honor of National Prime Rib Day

National Prime Rib Day is April 27, and Perkins Restaurant & Bakery®, a leading family-dining restaurant brand known for its homestyle meals and breakfast-all-day, is making it prime time all week long. Leading up to National Prime Rib Day, from April 22 to April 26, guests can visit a participating Perkins to enjoy 27% off all Prime Rib entrées. The deal gets even juicer on National Prime Rib Day as guests will enjoy a Buy One, Get One...

Full Story »
Apr 24 8:02 AM, Urner Barry


Performance Food Group and Industry-Leading Partners Unveil Sustainable Distribution Center

Advanced Energy Machines, FreeWire, GridMarket and Volvo Trucks North America played key roles in facility transformation

In recognition of Earth Day 2024, Performance Food Group Company (PFG) (NYSE: PFGC), Advanced Energy Machines (AEM), FreeWire Technologies, GridMarket and Volvo Trucks North America, partnered to hold a special open house event at PFG’s Gilroy, CA facility to show how the companies have collaborated to help create a sustainable distribution center model of the future.

PFG is committed to mitigating its carbon footprint and being responsible stewards of the environment...

Full Story »
Apr 24 8:00 AM, Urner Barry


Vertical Cold Storage Surges to Sixth Largest Cold Storage Provider in North America

Vertical Cold Storage, a developer and operator of temperature-controlled distribution centers sponsored by real estate investment firm Platform Ventures, moved from 15th to sixth on the Global Cold Chain Alliance’s (GCCA) North American Top 25 List of Refrigerated Warehousing and Logistics Providers. The company now has more than 77 million cubic feet of capacity in nine locations and employs more than 400 full-time team members.

In the past 12 months, Vertical Cold acquired MWCold in Indiana, purchased a second facility in the...

Full Story »
Apr 23 10:32 AM, Urner Barry


Iconic Trio Alert: Taco Bell, Lebron James and Jason Sudeikis for a Taco Tuesday Experience

Taco Bell is bringing icons together to shake up Taco Tuesdays with a new offering that builds on its long history of satisfying cravings with unparalleled value. Available exclusively on Taco Tuesdays from April 23 through June 4, the new $5 Taco Discovery Box brings together three of Taco Bell's most iconic tacos, including the brand-new Cantina Chicken Crispy Taco, and a medium fountain drink, delivering value, variety and craveability in one simple bundle. The limited time offer is accompanied by...

Full Story »
Apr 23 10:19 AM, Urner Barry


Armanino Foods of Distinction, Inc. Reports the Highest First Quarter Profits in Company's History

Armanino Foods of Distinction, Inc. reported its highest quarterly profits ever for the first quarter ending March 31, 2024. Armanino continued its profitability streak for the 83rd quarter in a row.

Net sales for the first quarter of 2024 were $15,720,317 compared to $16,351,866 for the same period last year, a decrease of 4%. Income before taxes for Q1 2024 was $3,116,504 compared to $2,561,406 for the same quarter in 2023, an increase of 22%. Net income for this period was...

Full Story »
Apr 23 10:09 AM, Urner Barry


Olymel to Close Quebec Processing Facility Focused on Poultry

Canadian meat processor Olymel announced last Friday the definitive closure of its Saint-Jean-Sur-Richelieu plant as of 19 July.

The plant had mainly processed poultry products, although it also made a small number of pork products.

“This decision comes against a backdrop of falling production volumes, which has led the plant to operate at only 40% of its operational capacity,” explained the company. “A reorganization of production within the Olymel family will enable operations to be redeployed to neighbouring plants with residual capacity to handle these volumes.”...

Full Story »
Apr 23 8:00 AM, FeedInfo


Flynn Group Expands Portfolio Through Acquisition of Applebee’s Restaurants

Signs Agreement with Applebee’s to Open 25 New Restaurants

Applebee’s, one of the world’s largest casual dining brands, recently signed an agreement with the world’s largest restaurant franchise operator, Flynn Group, with the goal to open 25 new Applebee’s restaurants in the U.S. over the next seven years. This expansion goal is part of Applebee’s development strategy to return the brand to net new unit openings.

Tony Moralejo, President of Applebee’s, said, "After 44 years as the neighborhood dining destination in America, this agreement reinforces...

Full Story »
Apr 22 2:52 PM, Urner Barry


Kroger, Albertsons Companies and C&S Wholesale Grocers, LLC Announce an Update

Amended Divestiture Plan Adds Stores, Facilities and Banner Names to Enhance Competition in Overlap Geographies and to Address Regulator Concerns

The Kroger Co. and Albertsons Companies Inc. announced today that they have amended their definitive agreement with C&S Wholesale Grocers, LLC for the sale of assets in connection with their proposed merger previously announced on October 14, 2022. This amended package modifies and builds on the initial divestiture package that was announced on September 8, 2023.

The amended divestiture package responds to concerns raised by federal and...

Full Story »
Apr 22 10:32 AM, Urner Barry


Albertsons Companies, Inc. Reports Fourth Quarter and Full Year Results

Albertsons Companies, Inc. today reported results for the fourth quarter of fiscal 2023 and full year fiscal 2023, which ended February 24, 2024.

Fourth Quarter of Fiscal 2023 Highlights

  • Identical sales increased 1.0%
  • Digital sales increased 24%
  • Loyalty members increased 16% to 39.8 million
  • Net income of $251 million, or $0.43 per share
  • Adjusted net income of $318 million, or $0.54 per share
  • Adjusted EBITDA of $916 million

Fiscal 2023 Highlights

  • Identical sales increased 3.0%
  • Digital sales increased 22%...
Full Story »
Apr 22 10:04 AM, Urner Barry


Cow-to-Cow Transmission Confirmed as a Factor in Spread of H5N1

In an update provided by the USDA, the agency confirmed that cow-to-cow transmission is a factor in the spread of H5N1 bird flu in dairy herds.

However, it remains unclear exactly how the virus is being moved around. “We know that the virus is shed in milk at high concentrations; therefore, anything that comes in contact with unpasteurized milk, spilled milk, etc. may spread the virus,” explained the USDA.

The government stressed the importance of biosecurity, including the movement of people, animals, vehicles, and...

 

Full Story »
Apr 22 8:13 AM, UB Newswires


Grubhub Brings Grocery to its Marketplace with Mercato Partnership

Grubhub and Mercato, an online marketplace for independent grocery stores, have partnered to bring Mercato's inventory of more than 950 merchants across the country to the Grubhub Marketplace. Customers can order from hundreds of locations today, with all merchants becoming available over the next few weeks. With this first-ever third-party delivery partnership for Mercato, Grubhub is expanding its Marketplace selection, and providing even greater value for its customers by now offering grocery, convenience and alcohol merchants. Mercato's merchants can grow their business and e-commerce footprint with access...

Full Story »
Apr 19 2:46 PM, Urner Barry


Gopuff Partners with Misfits Market for Nationwide Launch of 300+ Fresh Grocery Items

Gopuff today launched a comprehensive and affordable Fresh Grocery assortment powered by Misfits Market. Combining Gopuff's leading instant delivery with great value driven by Misfits Market’s differentiated sourcing model, the partnership will deliver an extensive range of more than 300 items, including fresh fruit and vegetables, dairy, meat, poultry, fresh bread and more, to customers’ doors in as fast as 15 minutes.

“We are thrilled to unveil our Fresh Grocery initiative today. By capitalizing on our vertically integrated model and expansive scale...

Full Story »
Apr 19 9:18 AM, Urner Barry


Lineage Logistics Announces Rebranding, Changes Brand Name to Lineage

Lineage, one of the leading temperature-controlled industrial REIT and logistics solutions providers worldwide, has announced a rebranding, formally changing its brand name from Lineage Logistics to Lineage.

Established in 2012, the Lineage name reflects the company’s unique legacy and expertise in the interconnected world of cold storage and logistics. The company’s shield logo signifies the generational and entrepreneurial commitment of the many companies that have been welcomed into the Lineage family through over 110 acquisitions to form Lineage with the shared charge of keeping the global food supply safe and...

Full Story »
Apr 19 8:53 AM, Urner Barry


Cargill and Nestlé Purina Partner on Regenerative Agriculture Adoption to Reduce Carbon Footprint

Investment in regenerative agriculture is estimated to reduce the carbon footprint of Purina’s U.S. grain supply from Cargill by up to 40 percent over the next three years

Nestlé Purina is investing in farmer adoption of regenerative agriculture practices across the company’s corn and soy supply chains through a new partnership with Cargill, one of the largest ingredient and agricultural solutions companies in the U.S. This work will support soil health and reduce the carbon footprint for Purina dry pet food products across North America...

Full Story »
Apr 16 1:21 PM, Urner Barry


Dine Brands Releases 2023 Environmental, Social, and Governance (ESG) Report

Dine Brands Global, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill + Bar®, IHOP®, and Fuzzy’s Taco Shop® restaurants, released its 2023 ESG report which speaks to priorities and progress within the focus areas of People, Planet, Food, and Governance.

“Dine Better, Together is how we describe our intention to combine business growth and competitive strength with our ESG commitments,” says John Peyton, CEO of Dine Brands. “At Dine we remain motivated to provide more than an exceptional dining experience, and we...

Full Story »
Apr 16 8:06 AM, Urner Barry


Urner Barry Presents Historic Awards to Industry Professionals at Executive Conference

Plus, Rising Star Award presented to industry up and comer

The 48th annual Executive Conference is underway at The Venetian in Las Vegas. Urner Barry is proud to host industry executives from the poultry, egg, and red meat industries in 2024 for this premier event. Day one kicked off with opening remarks from Urner Barry host, Russ Whitman, followed by Dr. David Kohl as the morning’s keynote speaker.

Following Dr. Kohl’s remarkable session on agricultural economics and the business trends to expect in the coming years, it was time for the annual awards ceremony. Each year, Urner Barry recognizes two exceptional individuals for their work and service to the industry—the Poultry Person of the Year and the Egg Person of the Year...

Full Story »
Apr 16 8:00 AM, Urner Barry


Executive Conference: Jeff Saturday on Communication and Collaboration on and off the Field

It’s day one at Urner Barry’s 48th Annual Executive Conference at The Venetian in Las Vegas! Russ Whitman, Director of Market reporting, delivered the opening ceremony to a jam-packed room, where hundreds of industry stakeholders and analysts gathered to share their expertise and gain insights from today's speakers. 

Dr. David Kohl, Economist, kicked off the agenda with his panel titled: Agricultural Economics and Business Trends for the Late 2020s: What Is Coming Next? An Academic Hall of Famer in the College of Agriculture at Virginia Tech...

Full Story »
Apr 16 8:00 AM, UB Newswires


Introducing Domino's® New York Style Pizza

Craving a delicious, new crust that is thin and cut into big, foldable slices? Domino's Pizza Inc. (NYSE: DPZ), the largest pizza company in the world, has you covered. Introducing New York Style Pizza: a pizza that is designed to be even more delicious, whether you hail from New York City or beyond.

Domino's New York Style Pizza is made with fresh, never frozen dough that is stretched thin, by hand. It is topped with a melty blend of cheese made with 100% real mozzarella and provolone, and cut into six big, foldable...

Full Story »
Apr 15 9:59 AM, Urner Barry


Online Grocery Delivery Services Market size is set to grow by USD 652.45 billion from 2023-2027

Albertsons Companies Inc., Alibaba Group Holding Ltd. and Amazon.com Inc., and more to emerge as Some of the Key Vendors, Technavio

The global online grocery delivery services market size is estimated to grow by USD 652.45 bn from 2023 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 19.43% during the forecast period. APAC held the largest share of the global market in 2022, and the market in the region is estimated to witness an incremental...

Full Story »
Apr 15 8:00 AM, Urner Barry


Brazil's Chicken Exports Hit Highs Despite YoY Drop and Stagnant Prices

In March 2024, Brazil's chicken meat exports reached a peak, totaling 418,100 tonnes. This volume marks the highest recorded for the year yet reflects an 18.8% decrease from March 2023's unprecedented 514,600 tonnes.

Revenue from chicken exports also declined by 23.4% year-on-year, from $980.5 million to $751.3 million. Domestically, prices paid to chicken producers has remained stubbornly low over the past six months, ranging from approximately R$ 7.20/kg in October 2023 to R$ 7.32/kg as of March 2024, according to...

Full Story »
Apr 12 9:42 AM, FeedInfo


Good Times Restaurants Reports Second Fiscal Quarter Same Store Sales

Good Times Restaurants Inc., operator of Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard, today announced that same store sales1 increased 0.9% for its Good Times brand and decreased 3.2% for its Bad Daddy’s brand compared to the same prior-year fiscal quarter and average weekly sales2 were $27,133 and $50,880 for its Good Times and Bad Daddy’s brands, respectively, for its second fiscal quarter ended March 26, 2024.

Ryan Zink, President and CEO, said “The strength of our Good Times brand is clearly evident from...

Full Story »
Apr 12 9:27 AM, Urner Barry


CNBC/NRF Retail Monitor Shows Retail Sales Grew in March Amid Wage Gains and Easing Inflation 

Retail sales grew at a steady pace in March, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released today by the National Retail Federation.

“As inflation for goods levels off, March’s data demonstrates steady spending by value-focused consumers who continue to benefit from a strong labor market and real wage gains,” NRF President and CEO Matthew Shay said. “In this highly competitive market, retailers are having to keep prices as low as possible to meet the demand of...

Full Story »
Apr 12 8:28 AM, Urner Barry


LaBelle Patrimoine Heritage Chicken Approved by USDA as Regeneratively Raised

LaBelle Patrimoine, producer of humanely raised heritage, air-chilled chickens, is proud to announce that it carries the new claim of regeneratively raised as approved by the United States Department of Agriculture (USDA), acknowledging its commitment to sustainable and environmentally-friendly poultry farming practices.

Regeneratively raised is a farming system where chickens are fed regeneratively grown grain, grown on managed pasture, and farm waste and processing waste are composted and returned to the soil to improve soil health. This meaningful recognition by the USDA, which...

Full Story »
Apr 12 7:52 AM, Urner Barry


ANALYSIS: "Falling Feathers"- A Retreat in February's Chicken Export Volume...

February’s closing export tally primarily speaks to a contraction in total outward tonnage. Closing the month at 546.8 million pounds, one would have to venture all the way back to 2017 before coming across a lower seasonal figure. When compared with ’23, total volume retreated by 10.2%, or 62.3 million pounds. While the cumulative data almost speaks for itself, it is worth noting that the year-over-year (YoY) retreat in demand for U.S. chicken was not necessarily felt universally across all trade destinations...

Full Story »
Apr 12 7:32 AM, Urner Barry


ADM Animal Nutrition Expands Recall to Include 17 Additional Lots of Chicken, Swine and Rabbit Feed 

ADM Animal Nutrition, a division of ADM , is expanding the recall announced on March, 30, 2024, to include the following additional products due to elevated levels of magnesium, sodium, calcium and/or phosphorus: Pen Pals® Chicken Starter-Grower (Product Nos. 70009AAA46 and 70009AAA44); Pen Pals Egg Maker Complete (Product No. 70010AAAE4); MaxLean GF Concentrate (Product No. 12354AAA); ShowTec Sow Ration with Thermal Care (Product No. 12343AAA); ShowTec BB 18 BMD (Product No. 18241AGNE4); ShowTec BB 18 BMD/DBZ (Product No. 18241PLM)...

Full Story »
Apr 12 7:11 AM, Urner Barry


Shoppers Believe Government Policies and Actions Most Responsible for Higher Prices in Supermarkets 

The Feedback Group, a leader in providing actionable stakeholder feedback, today released new findings from national research conducted with 1,150 consumers about their experience shopping in supermarkets for food and groceries.

Government Policies and Actions Top List of Factors Responsible for Higher Prices at Supermarkets
Supermarket shoppers rated a variety of entities and factors, on a five-point scale where five is "highly responsible" and one "not at all responsible", as to their degree of responsibility for higher prices in supermarkets. Viewed as most responsible, government policies and actions received the highest mean score (3.86). Product manufacturers and suppliers scored second most responsible (3.75), followed more distantly by wars and worldwide political conflicts (3.42), supermarket retailers (3.40), and labor supply shor

Full Story »
Apr 12 7:11 AM, Urner Barry


NRF Announces Promotion of Chief Lobbyist

The National Retail Federation today announced the promotion of David French from senior vice president to executive vice president of government relations and executive director of the National Council of Chain Restaurants. Since joining NRF in 2011, French has led the organization’s advocacy strategy to advance the retail industry’s legislative priorities.

“As NRF’s chief lobbyist, David is a great partner of many years who has done an incredible job with public policy efforts that support retailers and the millions of people they employ and the communities they serve,” NRF President and...

Full Story »
Apr 11 9:43 AM, Urner Barry


ANALYSIS: Turkey Exports Tonnage: Greater Than What Meets the Eye

The turkey export figures were quite a sight to behold throughout the month of February. At 36.4 million pounds, total outward tonnage rose on a year-over-year (YoY) basis for the ninth consecutive month in a row. The most recent data gave way to a notable 46% advance from 2023. This was enough to position February’s closing figure at the highest seasonal level observed since 2021.

Total export value also realized a 20% uptick from the previous year. Although month-over-month (MoM) volume retreated by 0.07%...

Full Story »
Apr 11 8:15 AM, Urner Barry


ANALYSIS: Raw Material Costs in the QSR Sector - Beef Versus Chicken

Fast food restaurants have garnered a lot of attention in recent months due to increasing menu prices.  We thought it would be worthwhile to examine the costs for different ingredients used by the sector, particularly focusing on raw protein materials required for staple menu items. 

For this analysis, we concentrate on hamburger formulations using a 75% lean point. Cost ratio values below one indicate that a hamburger made exclusively from domestic boneless beef provides greater economic value, while values above one suggest that alternative options...

Full Story »
Apr 11 8:11 AM, Urner Barry


KFC Global to Welcome New CFO

KFC Global today announced that Alex Barsk (she/her) will be joining KFC Global as our new Chief Financial Officer (CFO), reporting directly to Sabir Sami, KFC Global Chief Executive Officer (CEO), effective June 1, 2024.

In this role, Alex will be responsible for leading KFC’s global Finance function, ensuring continued growth and profitability for the KFC business. She will also oversee KFC’s Financial Planning Analysis and Strategy functions.

Alex joins us from our sister brand, Pizza Hut, where she most recently served as Global Chief Financial Officer...

Full Story »
Apr 11 8:01 AM, Urner Barry


Dickey’s Barbecue to Expand Partnership with Sam’s Club

Dickey’s Barbecue Pit is thrilled to continue growing their retail presence with Sam’s Club.

Starting in April 2024, the Texas-style barbecue brand is expanding their partnership into an additional 30+ Sam’s Club stores throughout Montana, Louisiana, New Mexico, Central and South Texas Regions. Sam’s Club shoppers can purchase Dickey’s world famous, original polish smoked sausage ropes in the popular 36oz Club Pack and show off their backyard pit master skills from the comfort of their own homes.

“We are pleased to now be offering the Dickey’s...

Full Story »
Apr 11 8:00 AM, Urner Barry


Highly Pathogenic Avian Influenza Confirmed in North Carolina Dairy Herd

Highly pathogenic avian influenza (HPAI) was detected in a dairy herd in North Carolina on April 10, bringing the number of states with confirmed cases of HPAI in livestock to seven. 

HPAI has previously been detected in nine dairy herds in Texas, three in Kansas, two in New Mexico, and one each in Michigan, Idaho, and Ohio. The movement of cattle from affected herds in these states to North Carolina has been suspended. 

“This is an evolving situation, and we are waiting for more diagnostics from NVSL and will work collaboratively with our federal partners and dairy farmers in North Carolina,” said Agriculture Commissioner Steve Troxler...

Full Story »
Apr 11 7:07 AM, UB Newswires


Kroger Kicks Off a Latin Flavor Take Over Four-Week Event

The Kroger Co. today announced it is kicking-off Cinco de Mayo with a four-week Latin flavors event. Customers are invited to experience savory Latin cuisine and explore the vibrant world of Latin flavors waiting for them at Kroger.

"This event is a celebration of a culture and flavors that inspires togetherness and a passion for food," said Dan De La Rosa, Kroger's group vice president of Fresh Merchandising. "We hope to curate an experience that promises to spark a new culinary adventure...

Full Story »
Apr 10 3:23 PM, Urner Barry


Rerouting Trucks and Ships Away from Baltimore: What Early Data Shows

As the days add up after the March 26 collapse of the Francis Scott Key Bridge, companies that gather data from trucks and supply chains are beginning to get an idea of where trucks are rerouting in the catastrophe’s wake. Data on ship rerouting is less conclusive.

While some of that data is clear, a lot remains murky as shippers and carriers figure out how to loosen the logistical choke points the collapse created.

One of the clearest data series in the market, because it is fed...

Full Story »
Apr 10 9:15 AM, Urner Barry


The Retail Rundown: Competitive Prices Drive Traffic; CPI Update

The coming weeks and months present favorable weather conditions for grilling and travel, considered supportive of protein sales from both a retail and foodservice standpoint. And with a few notable items displaying comparatively attractive prices, the retail sector is well positioned to capitalize on pent-up grilling demand.

Below, we’ll explore a few notable items featured near or below year-ago levels last week, when some households celebrated Easter.

First up is beef ribeye, which averaged $10.79 discounted, down $2.24, or 17.2% from a year ago. Beef...

Full Story »
Apr 10 9:05 AM, UB Newswires


Import Cargo To Hit 2 Million Containers For First Time Since Last Fall

Next month’s inbound cargo volume at the nation’s major container ports is expected to top 2 million units for the first time since last fall as imports grow despite new supply chain challenges, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“U.S. imports are continuing to increase despite another disruption impacting U.S. ports,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “As retailers have adjusted to limits...

Full Story »
Apr 10 9:00 AM, Urner Barry


Kim Lewis Appointed CMO of Capriotti's Sandwich Shop

Capriotti's Sandwich Shop (Capriotti's) announced this morning the latest addition to its executive leadership team: Kim Lewis, the first-ever Chief Marketing Officer (CMO) for the brand. This appointment comes as Capriotti's continues to plant roots in new markets, introduce menu and tech innovations to its operations, and further establish itself as a category leader in the restaurant space across the country.

Kim's experience in marketing spans well over two decades, including more than 15 years in the retail industry and most recently, 6+ years...

Full Story »
Apr 9 2:49 PM, Urner Barry


Corn Planting Progress Slightly Outpacing Average Rate

In the USDA’s latest Crop Progress report, corn plantings as of Sunday, April 7 were 3% underway across the 18 primary production states. This is slightly behind the 5-year average rate of 2%. 

Seven states now report planting progress, up from six the previous week. North Carolina and Missouri/Tennessee showed the most week-over-week progress, jumping 8 and 5 percentage points, respectively. 

States failing to get on the board include Iowa, Michigan, Minnesota, North Dakota, Ohio, South Dakota, and Wisconsin.

Corn futures were down 1 to 2 cents...

Full Story »
Apr 9 10:49 AM, UB Newswires


Papa Johns Deepens Strategic Partnership With the Bajco Group to Expand Presence in North America 

Papa John’s International, Inc. (“Papa Johns” or “Company”) today announced plans to open 50 new restaurants by 2028 in partnership with franchisee Nadeem Bajwa and his company, The Bajco Group, which has grown over the past 20 years to become one of Papa Johns largest domestic franchisees.

Furthering Bajwa’s goal to own 500 Papa Johns restaurants, the new agreement will expand the Papa Johns footprint in The Bajco Group’s existing markets across the Midwest and in Arizona, Pennsylvania...

Full Story »
Apr 9 9:23 AM, Urner Barry


Cal-Maine Foods, Inc. Announces Retirement of Jeff Hardin

Cal-Maine Foods, Inc. today announced that Jeff Hardin, Senior Vice President of Sales, is retiring from his position with the Company, effective July 23, 2024. Scott Hull, Vice President of Sales, will assume the executive officer role previously held by Hardin, effectively immediately. Hardin will continue to work with Hull through the transition period until his official retirement date.

Hardin joined Cal-Maine Foods in 1988 and was named Vice President of Sales in 2002. He has played a pivotal role in driving the Company’s consistent...

 

Full Story »
Apr 9 8:00 AM, Urner Barry


KFC Introduces New "Taste of KFC Deals"- A Value Menu with Real Value- Starting at Just $4.99

KFC is bringing its beloved 11 herbs and spices to an all-new "Taste of KFC Deals" value menu available starting today, with flavor-packed meal deals starting at just $4.99*.

It's been 30 years since food ate up this much of people's incomes, and 56% of consumers are budgeting their finances more now due to inflation.** These deals are tailor-made to fit right into your loud budget – save on delicious fried chicken so you can spend more...

 

Full Story »
Apr 9 7:59 AM, Urner Barry


Bojangles Introduces Bo's Bird Dog: A Flavorful Twist on a Classic Favorite

Bojangles is giving chicken lovers a tasty, on-the-go way to enjoy one of its most popular menu items with the all-new Bo’s Bird Dog. A spin on a classic hot dog, the Bo’s Bird Dog features a Bojangles Chicken Supreme tender nestled in a split-top bun, topped with thick-cut pickles and drizzled with Carolina Gold sauce – a sweet and tangy honey mustard-based BBQ sauce.

“Bo’s Bird Dogs offer a delicious and portable way to feed the whole...

 

Full Story »
Apr 9 7:58 AM, Urner Barry


Podcast: Agri-Food for Thought Ep 8 - Global Supply Chain Situation

Full Story »
Apr 8 7:10 AM, Urner Barry


USDA’s APHIS Answers Questions on Detection of HPAI in Dairy Cattle

Following the recent string of highly pathogenic avian influenza (HPAI) detections in dairy herds in several states, USDA’s Animal and Plant Health Inspection Service (APHIS) has answered some of the most frequently asked questions about the rapidly evolving situation.

As of Apil 3, 2024, six states have confirmed cases of HPAI in domestic livestock. The first confirmation was on March 25 in dairy milking cattle in Texas. Since then, Kansas, Michigan, New Mexico, Idaho, and Ohio have also reported HPAI in dairy cattle herds.

Below are some of the questions...

Full Story »
Apr 5 8:22 AM, UB Newswires







Load More
Label Label
Foodmarket, a specialized media offering from Urner Barry, is the premier source of market news for the food industry.

DISCLAIMER
THE INFORMATION, PRODUCTS, CONTENT AND DATA ON THE SITE ARE PROVIDED “AS IS” AND WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. TO THE FULLEST EXTENT PERMISSIBLE PURSUANT TO APPLICABLE LAW, WE DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. WE DO NOT WARRANT THAT THE FUNCTIONS CONTAINED IN INFORMATION, CONTENT AND DATA ON THE SITE (INCLUDING, WITHOUT LIMITATION, DERIVED CONTENT) WILL BE UNINTERRUPTED OR ERROR-FREE, THAT DEFECTS WILL BE CORRECTED, OR THAT THE SITE OR THE SERVERS THAT MAKE SUCH INFORMATION, CONTENT AND DATA AVAILABLE ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. MOREOVER, YOU ASSUME THE ENTIRE COST OF ALL NECESSARY SERVICING, REPAIR OR CORRECTION. WE DO NOT WARRANT OR MAKE ANY REPRESENTATIONS REGARDING THE USE OR THE RESULTS OF THE USE OF ANY INFORMATION, CONTENT, DATA, PRODUCTS OR SERVICES CONTAINED ON OR OFFERED, MADE AVAILABLE THROUGH, OR OTHERWISE RELATED IN ANY WAY TO THE SITE, INCLUDING, WITHOUT LIMITATION, DERIVED CONTENT, OR ANY THIRD-PARTY SITES, PRODUCTS OR SERVICES LINKED TO FROM THE SITE IN TERMS OF THEIR CORRECTNESS, ACCURACY, COMPLETENESS, RELIABILITY, SAFETY OR OTHERWISE. APPLICABLE LAW MAY NOT ALLOW THE EXCLUSION OF IMPLIED WARRANTIES, SO THE ABOVE EXCLUSION MAY NOT APPLY TO YOU.