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Warner & Kaine Urge Senate Leadership to Replenish Restaurant Revitalization Fund

U.S. Senators Mark R. Warner and Tim Kaine sent a letter to Senate Leadership urging them to provide critical relief to restaurants, bars, and other small businesses in the food and beverage industries severely impacted by the pandemic. In their letter, the Senators point to the Restaurant Revitalization Fund (RRF), established by the American Rescue Plan, and the help it provided to tens of thousands of establishments across the nation before funding ran out. The Senators call on Senate Leadership to bring up legislation that provides the RRF with additional funding to meet the outstanding demand for the program. In July, the Small Business Administration announced the RRF program received over 278,000 eligible applications requesting over $72 billion in funds – exceeding the $28.6 billion included in the American Rescue Plan.

“We write to you regarding the Restaurant Revitalization Fund (RRF), which was established by the American Rescue Plan to provide critical relief to restaurants, bars, and other small businesses in...

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Aug 4 4:23 PM, General News



Online Grocery Start-ups Could be One Of the Enduring Legacies Of the COVID-19 Era 

Alongside the trends too much greater digitalisation, reduced contact through more self-checkouts, automation and a more cashless society, the ultra-fast start-ups could be one of the enduring legacies of the Covid-19 era impacting retail in a future post-pandemic.

The sector will develop strongly on the back of the Covid push and all these players will benefit from a rising tide lifting all boats.

Rather this report deals with the ultra-fast delivery startups, attracting record levels of investment, shoppers and interest. The pandemic has boosted a new dynamic in online grocery, reflected in the rise of GoPuff and its various clones. These players are first and foremost about...

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Aug 4 1:32 PM, General News


NRF Chief Economist Says Vaccination is ‘Key to Further Economic Recovery’

The economy is growing quickly but its future still depends on slowing the coronavirus pandemic as consumers worry about new variants of the virus, National Retail Federation Chief Economist Jack Kleinhenz said today. Meanwhile, a labor shortage and supply chain disruptions are setting the stage for increased inflation.

“We are now in the second half of 2021 and the economy has heated up along with the summer temperatures,” Kleinhenz said. “Gross domestic product surpassed its pre-crisis peak during the second quarter and...

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Aug 4 8:32 AM, General News


House of Representatives Delegation Pushes USDA to Support Small Meat, Poultry Processors

A delegation of 30 members of the House of Representatives issued a letter to U.S. Agriculture Secretary Tom Vilsack pushing for increased support for small meat and poultry processors across the nation.

The House Members put together a letter addressed to the U.S. Department of Agriculture (USDA), commending them on their announcement of a $500 million investment for small and regional processors, but also...

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Aug 3 8:49 AM, Urner Barry


Tyson Foods to Require COVID-19 Vaccinations for Its U.S. Workforce

To protect team members, their families and their communities, Tyson Foods, is requiring its team members at U.S. office locations to be fully vaccinated by October 1, 2021. All other team members are required to be fully vaccinated by November 1, 2021, subject to ongoing discussions with locations represented by unions.

This action makes Tyson Foods the largest U.S. food company to require COVID-19 vaccinations for its entire workforce. Almost half of Tyson Foods’ U.S. workforce has been vaccinated and coronavirus infection rates among team members...

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Aug 3 8:33 AM, General News


ANALYSIS: Cash Hog Prices Decline from Summer Peak But Remain Well Above Year Ago Levels

The summer peak for negotiated cash hog prices on a national basis was achieved on June 22 at $128.04/cwt. Since peaking, spot prices have since declined by around...

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Aug 2 8:24 AM, UB Newswires


Nathan's Famous Doubles the Number of Ghost Kitchens Worldwide Amid COVID-19 Pandemic

Nathan’s Famous doubled the number of ghost kitchens worldwide since June 2020. The brand opened its 223th ghost kitchen, bringing the brand’s presence to over 18 countries across the globe. This rapid growth of ghost kitchens comes from the development of a new brand, Wings of New York, as well the revival of the Arthur Treacher’s brand.

"We are proud to announce that we have doubled our ghost kitchens across the globe,” states James Walker, Senior Vice President, Restaurants. “We could not have done this without...

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Jul 30 8:35 AM, General News


Tyson Fresh Meats Leader Testifies About Beef Industry at Senate Hearing

Shane Miller, group president of Tyson Fresh Meats, the beef and pork unit of Tyson Foods, testified about the beef industry during a hearing held today by the U.S. Senate Committee on the Judiciary. Below is Miller’s written testimony:

Chairman Durbin, Ranking Member Grassley, members of the Judiciary Committee, thank you for inviting me here today.

I proudly represent Tyson Foods, a company based in Springdale, Arkansas, and founded nearly a century ago by John W. Tyson, who started this business trucking chickens to markets across the Midwest...

 

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Jul 30 8:34 AM, General News


Proof of Vaccination to Dine? Some Restaurants Introduce New Requirements To Stop Spread of COVID-19

On your way out to dinner you check your pockets for your keys, phone and wallet. Now add your vaccination card or negative COVID test into the mix. 

While that may not be a reality across the United States just yet, a growing number of restaurants are requiring proof of vaccination before allowing a customer to dine indoors. 

Like the mask mandates, requiring proof of vaccination is up to each business. And a growing number of restaurants in big cities are attempting to...

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Jul 29 12:06 PM, SeafoodNews


Chicken Marketers Urged to Meet Needs Emerging from the Pandemic

With an estimated 20% of the workforce working at home beyond 2021, there will be 30 million meal occasions daily that used to be lunches consumed away from home. According to research presented today at the 2021 Chicken Marketing Summit, this presents an unprecedented opportunity for innovation for the poultry industry.

The National Chicken Council (NCC) and WATT Global Media presented the results of a study that focused on anticipated US consumer behavior post-pandemic to identify opportunities for chicken to gain market share in home food preparation and the upcoming...

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Jul 29 8:26 AM, General News


PODCAST: UK Beef Chats Episode 26

This week on UK Beef Chats, market expert Mike Nesbitt discusses labor shortages, pandemic pressure on the supply chain, and elevated prices.

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Jul 28 10:47 AM, Urner Barry


Technomic Reveals How the Global Chicken Menu Category is Poised for Growth

Technomic released a deep dive into the chicken menu category uncovering global foodservice sales, COVID-19’s impact on the category, consumer consumption insights and preferences, menu trends, and the top global and leading local chains, with the 2021 Chicken Global Menu Category Report. This report is a deliverable of the Global Foodservice Navigator program, which offers the tools and guidance to remain ahead of consumer, menu and operator trends across 25 countries.

“Chicken chains have been resilient amid the pandemic and the menu category remains primed for future growth,” explains Aaron Jourden, senior research manager of global at Technomic. “With accelerating competition among...

 

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Jul 27 8:30 AM, General News


Packaged Facts: The Future of Grocery 

The COVID-19 pandemic has changed many aspects of consumer behavior and daily life. In 2020, many consumers were suddenly faced with more time at home.

  • Office workers and those with jobs that can be done from home began to work from home full-time.
  • Many schools and daycares closed, meaning that students and children were now spending their days at home.
  • Restaurants, cafeterias, and other foodservice operations closed to dine-in service in many areas.
  • With these changes, families across the U.S. were eating at home more often, cooking more, and sometimes feeding more people than usual throughout the day. As a result...
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Jul 23 8:24 AM, General News


The Online Grocery Market Nearly Tripled in 2020

The U.S. food and beverage industry has been impacted heavily by COVID-19. In 2020, more consumers than ever before were deciding to order food and beverage items online to avoid grocery shopping in crowded stores, where they might be exposed to the COVID-19 virus. As reported by Packaged Facts' new report The Future of Grocery: Online Grocery, Meal Kits, & Direct-to-Consumer Food, the online grocery market nearly tripled in 2020.

Packaged Facts projects that online sales of food and beverages will...

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Jul 22 8:24 AM, General News


NPD: Addressing Safety, Changes in Workplace, and Digital are Key to Recovery for Europe Foodservice

According to the latest report from The NPD Group, COVID-19 Foodservice Sentiment Study: Europe, a large part of the European* population expects to return to dine-in restaurants as soon as COVID-19 restrictions are lifted, with 93% stating they have either already returned to restaurants or expect to be returning to restaurants before the end of the year. But while many consumers expect to go back to dining occasions comparable to what they were doing before the pandemic, one-quarter of them expect...

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Jul 21 8:19 AM, General News


Restaurant Sales Grew in June as Industry Recovery Continues

Restaurant sales continued to grow in June as consumers looked for a much-needed night out, according to the National Restaurant Association.

For the month, eating and drinking places netted $70.6 billion in total sales on a seasonally adjusted basis, per preliminary data from the U.S. Census Bureau. That total was a 2.3% rise from May’s volume and is the fifth increase in the first half of the year.

The Association said that sales in June were $4.4 billion (6.6%) above pre-pandemic levels in 2020...

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Jul 19 8:20 AM, General News


USDA Announces Livestock, Poultry Producer Assistance for COVID-19 Related Losses

Livestock and poultry producers who suffered losses during the COVID-19 pandemic due to lack of access to processing can apply for assistance, the U.S. Department of Agriculture (USDA).

U.S. Ag Secretary Tom Vilsack announced the Pandemic Livestock Indemnity Program (PLIP) in remarks at the National Pork Industry Conference in Wisconsin Dells, WI.

PLIP is part of the USDA’s Pandemic Assistance for Producers initiative. Producers can apply for assistance on losses and the cost of depopulation and disposal through the USDA’s Farm Service Agency (FSA) starting on July 20...

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Jul 16 9:33 AM, General News


U.S. Restaurant Industry Recovery Will Depend on Strength of Key Dayparts

The U.S. restaurant industry has shown remarkable resiliency, having lost as much as 35% of visits at the beginning of the pandemic, but still has a ways to go to get back to pre-pandemic levels, reports The NPD Group. Total restaurant visits were down -6 percent in May 2021 compared to May 2019 but were up +23% from a year ago, recovering from a -23% decline in May 2020. The key to the industry’s recovery will be the strength of each daypart. Each daypart — morning meal, lunch, dinner, and P.M. Snack — will recover differently depending on the new rhythms of home, school, and work-life, according to NPD’s continual tracking of the U.S. foodservice industry.

Visits, online or physical, at morning meal, which includes the breakfast and A.M. Snack periods, were down -5% in May 2021 compared to May 2020, and for a pre-pandemic view, down...

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Jul 14 8:19 AM, General News


Retail Cargo Continues to See Double-Digit Increases Over 2020 as Supply Chain Disruptions Continue

Imports at the nation’s largest retail container ports are continuing to show double-digit growth over last year as strong consumer demand keeps up its momentum, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“The year-over-year growth we saw this spring was off the charts because the comparisons were against a time when most stores were shut down due to the pandemic,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “But we’re continuing to see strong growth even as we enter a point when stores had begun to reopen last year. That’s a sign of the...

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Jul 12 8:26 AM, General News


US Food Retail: Where Did Consumers Go During Covid-19? 

While the fact that food retailers have benefited enormously from stay-at-home orders and restaurant closures is hardly news, a deeper look into credit/debit card transactions reveals their different impacts across food retail categories in both brick-and-mortar and online environments. We translated these data points into six learnings from the most eventful year in the food industry in generations, as well as into insights as to how players can sustain the momentum in a post-Covid economy.

- Online is the big winner, but summer may bring a temporary halt. Recent data indicates a likely temporary halt to this expansion in Q2 2021, as cases...

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Jul 9 8:34 AM, General News


Broad-Based Growth Drives U.S. Beef and Pork Exports to New Heights

Fueled by impressive growth in a wide range of destinations, U.S. beef and pork export value shattered previous records in May, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Beef exports also reached a new volume high in May, while pork export volume was the third largest on record.

“The outstanding May performance is especially gratifying when you consider where red meat exports stood a year ago,” noted USMEF President and CEO Dan Halstrom. “The industry faced unprecedented, COVID-related obstacles at all levels of the supply chain, and...

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Jul 8 8:24 AM, General News


Foodservice, Drinking Places Help Propel US Employment Boost in June

The U.S. Department of Labor’s Bureau of Labor Statistics said notable job gains were seen in the foodservice and drinking places sector for the month of June.

Overall, nonfarm payroll employment jumped 850,000 in June. In June, nonfarm payroll employment is up by 15.6 million since April 2020 but is down by 6.8 million, or 4.4%, from its pre-pandemic level in February 2020.

For the month, nearly half the job gain was seen in the leisure and hospitality sector (343,000) which has opened at a rapid pace as...

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Jul 7 8:49 AM, General News


Poultry Quarterly Q3 2021: Improving Local Industry Performance, Shifting Trade Flows

The outlook for the global poultry industry continues to improve. This is mainly driven by the reopening of economies as vaccination levels accelerate in developed countries and increase in emerging markets. This will help the recovery of global, regional, and especially foodservice demand, which, on average, makes up one-third of global poultry demand. As supply usually responds slowly to such increases, significant price inflation in 2H 2021 is possible, especially as feed prices remain high and avian influenza has disrupted...

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Jul 7 8:20 AM, General News


Chief Economist: NRF Revised Forecast Because ‘Great Uncertainty’ Has Transformed Into Recovery

As retailers head into the second half of 2021, the “great uncertainty” that clouded the nation’s economic outlook earlier in the year has transformed into evidence of an unprecedented recovery from the COVID-19 pandemic, National Retail Federation Chief Economist Jack Kleinhenz said today.

“It has become clear that the U.S. economy and retail sales are growing far faster and more steadily than anyone could have expected just a few months ago,” Kleinhenz said. “We are seeing not just unprecedented growth from months of pent-up demand as the economy reopens but momentum as well...

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Jul 2 9:29 AM, General News


ANALYSIS: Fresh and Frozen Turkey Drum Quotations at a Mid-Year Crossroads

As we round the corner to Q3, turkey marketers have a pep in their step and a glimmer in their eye thanks to the admirable trade environment that they’ve enjoyed throughout...

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Jul 1 8:15 AM, Urner Barry


Pilgrim’s Shares 2020 Sustainability Achievements

Pilgrim’s announced the release of its 2020 Sustainability Report, which includes the five-year results of its 2015 sustainability goals and aggressive new global targets that will guide the company’s sustainability strategy over the next decade and beyond. The report transparently details the company’s progress in key priority areas – animal care, team members, environment, communities, customers and consumers, and suppliers – across its operations in the UK, Continental Europe, Mexico and the United States.

Pilgrim’s has established sustainability as core to its business strategy, adopting industry-leading initiatives that build on the company’s long-standing commitment to sustainable food production. Pilgrim’s is the first major global meat and poultry company to offer a sustainability-linked bond tied to...

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Jun 30 9:06 AM, General News


Fourth of July Cookout Cost Stable Compared to Year Ago

U.S. consumers will pay just a few cents more for their favorite Independence Day cookout foods compared to last year, including cheeseburgers, pork chops, chicken breasts, homemade potato salad, pork & beans, strawberries, potato chips, fresh-squeezed lemonade and vanilla ice cream with chocolate chip cookies for dessert.

Farm Bureau analysis reveals the average cost of a summer cookout for 10 people remains affordable at $59.50, or less than $6 per person. The cost is up just 16 cents (less than 1%) from last year, but...

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Jun 30 8:16 AM, General News


USAPEEC: Latest Update On the South Korea HPAI Egg Situation

Since the Highly Pathogenic Avian Influenza (HPAI) broke out, the consumer price of the egg has been soaring. However, at some point, the egg price is expected to fall from mid-year 2021. According to the Korea Agro-Fisheries & Food Trade Corporation (aT), on June 11th, the domestic price of an egg tray, which is formed of 30 shell eggs, rose 46 percent to 7,557 KRW (6.69 USD), from 5,179 KRW (4.59 USD) the average year.

The HPAI has died down, but the price has not yet come down with it. With the prolongation of COVID-19, consumers tend to stay indoors and avoid eating out. The change in consumer behavior caused an increase in the demand for the egg. According to the Korea Rural Economic Institute (KREI), the average purchase of eggs per household in the first quarter of 2021 was...

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Jun 29 8:26 AM, General News


Technomic's Take: Roadblock to Recovery for Restaurants

By all accounts, the restaurant industry is roaring back to life as vaccination distribution spreads, dine-in restrictions are lifted and improved weather throughout most of the country sends consumers flocking to restaurants to dine with friends and family. Operators are reporting same-store sales approaching, and in some cases exceeding, pre-pandemic levels as pent-up demand drives the dine-in surge and off-premise orders remain strong.

For restaurant operators eager to return to full capacity, however, significant headwinds remain as the restaurant industry struggles to fill jobs to meet this booming demand. The biggest challenge facing operators in this current recovery period is finding staff willing to work. There are numerous other factors that are impacting...

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Jun 29 8:16 AM, General News


JBS and Pilgrim's Announce Free Meat For a Year Sweepstakes to Promote Vaccination Efforts 

JBS USA and Pilgrim’s announced the “Your Shot at Free Meat for a Year” program to encourage the vaccination of Americans in the rural communities where the company operates. In partnership with local health authorities, the company will sponsor a series of free vaccination clinics and vaccine promotion events across more than 40 JBS USA and Pilgrim’s communities in the coming weeks. During the events, at least one newly-vaccinated participant per location will be eligible to win free, delicious beef, pork and poultry to feed a family of four for the next year. The company will also donate more than 1 million pounds of free beef, pork and poultry to support local communities hosting vaccine clinics.

“Since the onset of the pandemic, JBS USA and Pilgrim’s have been focused on protecting our team members and supporting our communities,” said Andre Nogueira, JBS USA CEO. “Most recently, our focus has been on... 

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Jun 28 8:36 AM, General News


Meat and Poultry Supply Chain Remains Resilient

In response to U.S. Secretary of Agriculture Tom Vilsack’s request for comments on efforts to improve supply chains for the production of agricultural commodities and food products, The North American Meat Institute (Meat Institute) said the meat and poultry food supply chain remains resilient despite extraordinary circumstances.

“The pandemic that began in 2020 and continues today may be the ultimate black swan event,” said Meat Institute Senior Vice President for Regulatory and Scientific Affairs Mark Dopp. “But its occurrence does not...

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Jun 24 8:27 AM, General News


USDA Announces Additional Aid to Ag Producers and Businesses in Pandemic Assistance

Agriculture Secretary Tom Vilsack announced additional aid to agricultural producers and businesses as part of the USDA Pandemic Assistance for Producers initiative. Earlier this year, Secretary Vilsack announced plans to use available pandemic assistance funds to address a number of gaps and disparities in previous rounds of aid. As part of the Pandemic Assistance initiative announced in March, USDA pledged to continue Coronavirus Food Assistance Program (CFAP) payments and to provide aid to producers and businesses left behind. Implementation of the assistance announced today will continue within 60 days to include support to timber harvesters, biofuels, dairy farmers and processors, livestock farmers and contract growers of poultry, assistance for organic cost share, and grants for PPE.

“USDA is honoring its commitment to get financial assistance to producers and critical agricultural businesses, especially those left out or underserved by previous COVID aid,” said Secretary Vilsack. “These investments through USDA Pandemic Assistance will help...

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Jun 17 8:24 AM, General News


NRF Calls on White House to Address Port Congestion Challenges

The National Retail Federation delivered a letter to the White House asking to meet with President Biden and other top administration officials regarding the challenges retailers are facing from continued supply chain disruptions that are leading to congestion at U.S. ports.

The letter from NRF President and CEO Matthew Shay states, “The supply chain disruption issues, especially the congestion affecting our key maritime ports, are causing significant challenges for America’s retailers. The congestion issues have not only added days and weeks to our supply chains but have led to inventory shortages impacting...

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Jun 16 8:30 AM, General News


Nearly Half of Canadians Plan to Dine On-Premises Now that Pandemic Restrictions are Relaxed

Canadians were anxiously awaiting COVID lockdowns and restrictions to be eased and lifted, and so were restaurant operators. It’s been a long 15 months and 46% of Canadians told The NPD Group that they plan to physically eat at a restaurant, bar, or coffee shop now that COVID-19 restrictions have been eased. Restaurant operators are eager to greet them back and pick-up their dine-in business, which was most impacted by mandated pandemic restrictions.

Dine-in or on-premises restaurant orders/visits have improved since the beginning of the pandemic but, as a basis for comparison, were still down -85% in April 2021 compared to April 2019. Off-premises orders and visits, which include...

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Jun 16 8:30 AM, General News


US Foods Summer Scoop Lineup Takes Aim at Restaurant Labor Shortage

US Foods Holding Corp. announced the launch of Summer Scoop™. Themed “Dining Out Is In Again,” Summer Scoop features 18 on-trend, versatile, profit-driving products designed to reduce back-of-house preparation and skilled-labor demands. With 62% of operators saying they are concerned about finding skilled workers during the pandemic, restaurant operators struggle to balance the resurgence of on-site diners and existing take-out and delivery operations ramped up during the pandemic. Summer Scoop helps address these challenges with innovative products that can drive higher profits and help operators save approximately 85-95% in back-of-house preparation time compared to making from scratch, helpful for restaurants operating with fewer and less experienced kitchen staff.

“Through each phase of the pandemic, our commitment to helping our restaurant operators ‘Make It’ with product innovation and expert resources has remained our number one priority,” said Stacey Kinkaid, vice president of product development and innovation for US Foods. “As restaurants quickly move closer to...

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Jun 15 8:25 AM, General News


The Road to Recovery for U.S. Restaurant Chain Customer Transactions Varies by Market

Geography matters when it comes to pandemic recovery for U.S. restaurant chains. A mix of factors, like pandemic-related restaurant restrictions, the closing or opening of units, or chain performance, even the weather or event, can impact restaurant chain customer transactions in a specific market area, reports The NPD Group.

For example, restaurant chain customer transaction declines in the Dallas-Fort Worth (DFW) designated market area improved from double-digit declines last year to -4% in May 2021 compared to May 2019, a pre-pandemic basis of comparison. DFW ranks in the top 10 markets to recover from the steep customer transaction declines caused by the pandemic last year. In addition to Texas lifting COVID restaurant restrictions in March, the market's May customer transactions reflect...

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Jun 14 8:25 AM, General News


Strong Momentum Continues for U.S. Beef and Pork Exports

Following a record-breaking March performance, exports of U.S. beef and pork continued to build momentum in April, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).

April exports of U.S. beef set another new value record at $808.3 million, up 35% from a year ago, with export volume reaching 121,050 metric tons (mt) – up 23% year-over-year and the fifth largest on record. For beef muscle cuts, exports were the third largest ever at 94,656 mt (up 21%), valued at a record $726.7 million (up 36%). For January through April, beef exports moved 5% ahead of last year’s pace at 454,398 mt, with value up...

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Jun 11 8:25 AM, General News


Retail Sales to Now Exceed $4.44 Trillion in 2021, as NRF Revises Annual Forecast

The National Retail Federation issued its revised annual forecast for 2021, anticipating that retail sales will now grow between 10.5 percent and 13.5 percent to more than $4.44 trillion this year as the economy accelerates its pace of recovery.

“The economy and consumer spending have proven to be much more resilient than initially forecasted,” NRF President and CEO Matthew Shay said. “The combination of vaccine distribution, fiscal stimulus and private-sector ingenuity have put millions of Americans back to work. While there are downside risks related to worker shortages, an overheating economy, tax increases and over-regulation, overall households are healthier, and consumers are demonstrating...

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Jun 11 8:24 AM, General News


Plant-Based Protein Shipments to U.S. Restaurants and Foodservice Outlets Grew by 60% in April

As pandemic-related restaurant restrictions lift across the U.S., chefs and foodservice operators are refreshing their menu offerings and recipes. Plant-based proteins are one of the food categories they’re using to help update, reports The NPD Group. Shipments of plant-based proteins from foodservice distributors to commercial restaurants increased by +60% in April 2021 compared to the same month a year ago, when the category realized declines because of pandemic restrictions.

Shipments are up +16% compared to April 2019, according to NPD’s SupplyTrack®, which tracks every product shipped from leading distributors to more than...

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Jun 11 8:23 AM, General News


ANALYSIS: Beef All-Fresh Retail Continues to Climb with Wholesale Gains

We have continued to talk about food price inflation across wholesale levels as many items in the Urner Barry price quotation universe are...

 

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Jun 9 8:24 AM, Urner Barry


Retail Cargo Continues Setting Records as Supply Chains Struggle to Keep Up with Consumer Demand

Imports at the nation’s largest retail container ports saw their busiest April on record and May could turn out to have set a new all-time record as vaccines allowed consumers to return to normal shopping patterns, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

“Vaccine rates are increasing, shoppers are back in stores and retail supply chains are working overtime,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “There’s no shortage of demand from consumers, but there continue to be shortages of labor, equipment and shipping capacity to...

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Jun 9 8:22 AM, General News


Most British Online Grocery Shoppers Plan to Continue Online Grocery Shopping After the Pandemic 

The great online grocery shopping boom is here to stay as 90% of current online grocery shoppers plan to keep shopping for their groceries online once the peak of COVID-19 passes. Meanwhile, just 5% of these shoppers say they are planning to stop doing so.

An impressive three in five (59%) Brits are online grocery shoppers, up from 50% in 2019 – this represents the highest level of growth recorded in the past decade. In addition to user growth, the category is experiencing increased usage from existing users, with over half (53%) of online grocery shoppers doing...

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Jun 3 8:20 AM, General News


Beef Quarterly Q2 2021: Record Prices, but Will They Last?

Many key beef production and consumption areas across the world are currently experiencing high or record prices for beef or cattle. We explore what is driving this and whether it will last. There are also several other issues affecting global beef markets at present.

Covid-19

The rollout of vaccines, the transition to robust economic growth, and the advance of the northern hemisphere summer see many areas experiencing lower Covid case numbers and higher economic activity. With restrictions being eased, foodservice sales are also...

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Jun 2 8:21 AM, General News


Kroger to Launch $5 Million Giveaway to Encourage Vaccinations

Kroger Health, the healthcare division of The Kroger Co., is launching a new effort to incentivize more Americans to get the COVID-19 vaccine. The #CommunityImmunity giveaway campaign will start next week and provide individuals, including customers and associates, the opportunity to win life-changing prizes like one of five $1 million payouts and 50 chances to win free groceries for a year.

The program comes after a collaboration with the Biden Administration to encourage increased vaccinations as part of the national push to have at least 70% of U.S. adults with at least their first dose by...

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Jun 1 8:28 AM, General News


Technomic Reveals Steady Performance Improvement for U.S. Foodservice

Technomic released the April TIndex (Technomic Index), an index that provides a benchmark to help analysts and industry leaders track the health of the foodservice industry in the United States.

“For the month of April, the TIndex increased to 94.6 from 94.1 in March, showing strengthening results especially within the restaurant segments,” explains Joe Pawlak, managing principal at Technomic. “This represents the continued performance improvement and recovery of the industry as...

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May 28 8:26 AM, General News


Instacart Releases Plant Power Trends Report Examining the Consumer Migration to Plant-Based Items

Instacart released its "Plant Power" report, a new data-driven examination of the mainstream consumer migration to plant-based alternatives. According to Instacart sales data, one in three Instacart customers has purchased a plant-based meat or milk product. Further, according to a recent Instacart survey conducted by The Harris Poll, when asked about the grocery and food habits adopted during the COVID-19 pandemic that they'll keep for the long term, 30% of survey respondents said they plan to continue eating healthier by preparing lighter, plant-based meals.

"Plant-based food has grown from a niche category into a grocery staple over the past two years," cites Laurentia Romaniuk, Instacart's Trends Expert and Senior Product Manager. "Searches for terms like...

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May 27 8:28 AM, General News


A Strong but Changed Retail Industry Looks to the Future

The retail industry is now doing better than many retailers expected last year as stores, offices, and schools shut down across the country. In fact, compared to last year, discretionary retail sales revenue in the U.S grew 17% from January 1 through May 8, 2021, according to The NPD Group. Even more strikingly, retail sales increased 18% over 2019. Growth in the U.S. economy continues to rise as vaccination rates increase and as more consumers, as well as businesses and schools, begin to map their post-pandemic paths forward.

A recent “Future of Style” event, hosted by The NPD group, explored the major trends affecting global industries, including...

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May 27 8:26 AM, General News


Consumer Confidence Holds Steady in May

The Conference Board Consumer Confidence Index® held steady in May, following a gain in April. The Index now stands at 117.2 (1985=100), down marginally from 117.5 in April. The Present Situation Index—based on consumers’ assessment of current business and labor market conditions—increased from 131.9 to 144.3. However, the Expectations Index—based on consumers’ short-term outlook for income, business, and labor market conditions—fell to 99.1 in May, down from 107.9 last month.

The monthly Consumer Confidence Survey®, based on an online sample, is conducted for The Conference Board by Toluna, a technology company that delivers real-time consumer insights and market research through...

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May 26 8:27 AM, General News


ANALYSIS: Chicken Boneless Breasts and the Jumbo/Medium Spread

Since their inception to the Urner Barry price sheet back in late 2009, medium-sized boneless breast quotations have...

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May 24 8:23 AM, Urner Barry


Retailers to State & Local Leaders: Clarity Needed on Mask Orders

Retailers are asking state governors and mayors to thoughtfully consider the practicality of state and local orders that track The Centers for Disease Control and Prevention (CDC) guidance announced last Thursday giving fully vaccinated individuals approval to resume indoor and outdoor activities without wearing a mask.

In a letter sent to Governor Andrew Cuomo, Chairman of the National Governors Association and Mayor Greg Fischer, president of the U.S. Conference of Mayors, the Retail Industry Leaders Association (RILA), and...

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May 20 8:31 AM, General News


Canadian Restaurant Industry Learns to Pivot and Adapt Despite Visit Loss Due to COVID-19

It has been over a year since the COVID-19 global pandemic began and the Canadian foodservice industry, one of the business sectors most impacted by restrictions, has had to learn to adapt. In the quarter ending March 2021, keeping in mind that the global pandemic was declared in mid-March of last year, total foodservice traffic in Canada was down -9% compared to same quarter year ago when visits were down -11% versus prior year, reports The NPD Group. Although there is improvement from last year, it’s also important to note that since the first quarter of 2019 through the first quarter of 2021, 326,000 foodservice visits (or orders) have been lost, according to NPD’s continual tracking of the Canadian foodservice industry.

The quick service segment, which prior to the pandemic was already equipped to efficiently handle off-premises operations, like carry-out and drive-thru, ended the first quarter of this year with...

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May 20 8:31 AM, General News


Sysco Offers Two New Foodie Solutions Toolkits as Summer Approaches

Sysco Corporation, a leading global foodservice distribution company, announced that it has launched two new online toolkits to its Foodie Solutions platform. The Labor & Hiring and Summer Solutions Toolkits are the latest in a series of carefully curated tools to help foodservice operators succeed while generating additional revenue and meeting consumer expectations.

Labor & Hiring Toolkit – As restaurants reopen amidst a tight labor market, the Labor & Hiring toolkit provides a comprehensive resource for hiring, training and retaining restaurant employees, including tips such as taking action on employee feedback and offering incentives to improve retention. This comprehensive toolkit also features...

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May 17 8:26 AM, General News


U.S. Restaurant Carry-Out and Delivery Digital Orders Soar During the Pandemic

Digital ordering was a lifeline for consumers and U.S. restaurants, particularly full service restaurants, during the pandemic, reports The NPD Group. In the year ending March 2021, which covers a full year since the start of the pandemic, restaurant digital orders grew +124% compared to prior year. Digital orders for carry-out, which represented 62% of all digital orders, increased by +130%, and digital orders for delivery grew by +142% in the period compared to year ago and held 38% share of total restaurant digital orders, according to NPD’s ongoing foodservice market research, CREST®.

Digital ordering offered full service restaurants, which operated under varying degrees of mandated dine-in restrictions throughout the pandemic, much needed...

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May 13 8:30 AM, General News


Retail Looks Forward as the US Emerges from the Pandemic

As the United States emerges from pandemic rules in the coming months, there will be changes, large and small, for retailers to consider, as they map their way forward. Companies will be setting new policies regarding returning to offices, more schools will reopen for in-person learning, and consumers will again start to travel, all of which have enormous implications for the retail industry, according to The NPD Group.

In a recent presentation to the Retail Industry Leaders Association (RILA), NPD Chief Retail Strategist Don Unser outlined the retail industry headwinds and tailwinds expected in the coming year. Following are three of the most critical trends affecting retailers in the coming months...

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May 12 8:29 AM, General News


ANALYSIS: European Egg White Prices Hit Highest Levels Since 2015 AI Market Highs


Urner Barry's European dried egg white prices have hit the highest levels seen since ATH's reached in 2015, while the global market was dealing with...

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May 11 8:26 AM, Urner Barry


Retail Cargo Imports Set New Record as Economy Recovers

Imports at retail container ports hit a new record this spring and volume during the first half of 2021 is expected to be a third higher than last year as the economy continues to recover from the pandemic, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“Despite the continuing pandemic, most consumers are in good financial health and aren’t hesitating to spend,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “More spending translates into more merchandise arriving at our ports as retailers continue to meet...

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May 11 8:24 AM, General News




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