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SpartanNash Announces Second Quarter Fiscal 2020 Financial Results

SpartanNash Company reported financial results for its 12-week second quarter ended July 11, 2020.

Second Quarter Fiscal 2020 Highlights

  • Net sales growth of 9.4% to $2.18 billion from $2.00 billion in the prior year quarter, representing the seventeenth consecutive quarter of growth.
  • Retail comparable store sales of 17.1% were positive for the fourth consecutive quarter, representing a continuation of trends driven by increased consumer demand related to the COVID-19 pandemic.
  • EPS of $0.80 per share, compared to...
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Aug 13 4:01 PM, General News



Eckrich Debuts New Packaging for Deli Products in Stores Nationwide

Eckrich is introducing bold new packaging for the Deli collection which will begin rolling out in stores nationwide this month.

Through both qualitative and quantitative market research, Eckrich successfully created a design that breathes new energy into the heritage brand with a modern, approachable look, all with its key consumer top of mind. The designs feature a white background and crisp imagery, displaying the product and information in an organized, eye-catching way. The imagery also...

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Aug 13 3:00 PM, General News


Kroger Ship to Integrate a Marketplace this Fall

The Kroger Co. announced Kroger Ship will expand to offer an extended ship-to-home assortment through a marketplace offering of third-party sellers powered by Mirakl, the leading software platform enabling B2C and B2B digital marketplaces.

"Our customers are increasingly turning to our e-commerce solutions provided at Kroger.com for their grocery and household essential needs. To better serve our customers, we're continuing to invest in technology that enables us to expand our digital services to deliver anything, anytime, anywhere," said Jody Kalmbach, Kroger's group vice president of product experience. "Leveraging Mirakl's best-in-class marketplace solution, we are...

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Aug 13 8:21 AM, General News


PODCAST: The Grocerant Guru - Steve Johnson, An Expert on Innovative Distribution in the New Normal

What can protein producers be doing to get product into new and innovative channels? Laura sat down with Steve Johnson, the Grocerant Guru, to discuss just that. With extensive research and experience with ever-changing consumer trends, Steve shares his recipes for success...

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Aug 12 11:38 AM, Urner Barry


Feltman's of Coney Island Debuts At Publix Super Markets Across Southeast U.S.

The original American hot dog, Feltman's of Coney Island (est. 1867), has launched at 1,190 Publix Super Market locations across FloridaGeorgiaAlabamaSouth CarolinaNorth CarolinaVirginia, and Tennessee.

In Feltman's biggest supermarket retail launch to date, the small veteran-owned and operated hot dog company has debuted a new 12.8 oz. eight-count pack SKU of its Uncured Beef Natural Casing Hot Dogs—a perfect match for an eight-pack of hot dog buns—which are now available at Publix locations across the Southeast, and through Publix curbside pickup and delivery powered by Instacart in select locations...

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Aug 10 12:48 PM, General News


Retail Imports to See Lowest Annual Total in Four Years

Imports at major U.S. retail container ports during 2020 are expected to see their lowest total in four years as the impact of the coronavirus pandemic on the U.S. economy continues, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“The economy is recovering but retailers are being careful not to import more than they can sell,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Shelves will be stocked, but this is not the year to be left with warehouses full of unsold merchandise. The more Congress does to put spending money in consumers’ pockets and provide businesses with liquidity, the sooner we can get back to normal..."

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Aug 10 10:09 AM, General News


Aramark Prepared to Welcome College Students Back to Campuses Across the Country

As many college campuses make arrangements to safely open amid COVID-19, Aramark, a leading food and facilities partner with hundreds of colleges and universities across the U.S., is prepared to meet the safety and hygiene standards required in today’s ever-changing environment. This includes introducing a variety of new programs and service offerings to support a safe, enjoyable campus dining experience.

“As with many other aspects of campus life, dining services will look and feel a little different this Fall,” said Jack Donovan, President of Aramark’s Higher Education business. “Knowing health and safety is imperative for returning students and faculty, as well as...

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Aug 6 8:23 AM, General News


Beyond Meat Reports Second Quarter 2020 Financial Results

Beyond Meat, Inc. reported financial results for its second quarter ended June 27, 2020.

Beyond Meat President and CEO Ethan Brown commented, "I am proud of our record net revenues and growth during a very challenging period. As the toll of the COVID-19 pandemic took hold across the foodservice industry, we repurposed assets and repacked and rerouted products to meet increased consumer activity in the retail aisles. Throughout the quarter, our brand experienced an enviable combination of consumer trends – increasing household penetration; increasing buying levels per household; and strong repeat purchase rates of nearly...

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Aug 5 8:28 AM, General News


Weis Markets Reports Second Quarter Results

Weis Markets reported its sales increased 23.7 percent to $1.1 billion during the thirteen-week period ended June 27, 2020, compared to the same period in 2019, while second quarter comparable store sales increased 24.1 percent.

The Company's second quarter net income increased 102.5 percent to $41.5 million compared to $20.5 million in 2019, while earnings per share totaled $1.54 compared to $0.76 per share for the same period in 2019. Ecommerce sales increased 243 percent during the same period.

"The coronavirus pandemic has altered most aspects of daily life in our seven-state market area which was impacted by...

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Aug 5 8:24 AM, General News


National Retail Federation: Economic Recovery May Not Be a Steady Climb 

According to the National Retail Federation’s Chief Economist Jack Kleinhenz, it is difficult to determine how steady the economic recovery will be following the COVID-19 pandemic.

“Optimism about the economy and retail spending is being tested daily with the spread of the coronavirus,” Kleinhenz said. “Big questions are looming, and we are all grappling to discern what incoming data is telling us about the health of the economy and consumers. Depending on the data selected, the answers are not entirely clear.”

Kleinhenz commented in the NRF’s August edition of its Monthly Economic Review...

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Aug 4 10:45 AM, General News


Beyond Meat Expands Club Store Distribution with BJ's Wholesale and Sam's Club

Beyond Meat is working to increase accessibility to plant-based meat through the development of new sales channels, including club and convenience stores. The company, which offers an 8-pack of its flagship Beyond Burger, first broke into the club channel last year at Costco. This summer, Beyond Meat added partnerships with BJ’s Wholesale and Sam’s Club, unlocking partnerships with three major club stores.

“Having entered all national conventional retailers in the US, we looked for where the white space existed and club stores were the next logical step towards increasing accessibility to plant-based meat among mainstream consumers,” said Chuck Muth, Chief Growth Officer, Beyond Meat. “By offering the Beyond Burger in a larger format, we’re able to provide value to consumers and a more accessible entry point for...

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Aug 4 8:25 AM, General News


Impossible Foods Debuts at Walmart 

Impossible Foods’ flagship product will begin rolling out at Walmart.

The Impossible Burger has started hitting Walmart shelves and will soon be stocked in nearly 2,100 Walmart Supercenter and Walmart Neighborhood Market locations. Customers can find Impossible Burger in the fresh meat section of the store in convenient, versatile 12-ounce packages. Impossible Burger is also available through Walmart Grocery Pickup & Delivery.

With the addition of Walmart locations, Impossible Burger will be available in more than 8,000 brick-and-mortar grocery stores across all 50 states -- a more than 50X increase...

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Aug 3 8:56 AM, General News


ANALYSIS: Jumbo Wings: A Mid-Year Coin Toss

2020 has been anything but predictable and the wing market is no exception. While a seasonal increase in buying interest and in paid prices is...

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Jul 31 8:22 AM, Urner Barry


Leading Food Firms Create Dedicated Teams for Plant-Based Products 

A four-year investor engagement with 25 giant food retailers and manufacturers, led by the FAIRR investor network, has found that two in five global food giants with combined annual revenues of $459 billion now have dedicated teams to develop and sell plant-based alternatives to meat and dairy; with Tesco and Unilever ranked top.

New research shows that over $1.1 billion of venture investment has flowed into alternative proteins in the first half of 2020, more than double last year's total investment ($534 million). The alternative protein market is expected to grow to...

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Jul 29 8:22 AM, General News


Albertsons Reports First Quarter Results

Albertsons Companies, Inc. reported results for the first quarter of fiscal 2020, which ended June 20, 2020.

First Quarter of Fiscal 2020 Highlights

  • Identical sales growth of 26.5%
  • Digital sales growth of 276%
  • Diluted net income per share of $1.00; Adjusted net income per share of $1.35
  • Net income of $586 million
  • Adjusted EBITDA of $1.7 billion, an increase of 93% compared to the first quarter last year
  • COVID-19 related investments of approximately...
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Jul 28 9:24 AM, General News


ANALYSIS: Chicken Cold Storage: A Mid-Year Freeze

Wednesday’s release of the USDA’s Cold Storage Report closely coincides with the current standing of most major chicken lines and also reflects...

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Jul 24 8:22 AM, Urner Barry


Food and Beverage E-Commerce Sales Growing Rapidly but Still Small

Even prior to the coronavirus pandemic, online sales of food and beverages in the U.S. have been growing rapidly and totaled about $17 billion in 2018. They are forecast to increase 32% per year through 2023, according to Packaged Facts in the report U.S. Beverage Market Outlook 2020: Grocery Shopping & Personal Consumption in the Coronavirus Era.

Yet, while e-commerce sales are growing rapidly, they still represent a very small percentage—about 4%—of total food and beverage sales.

The impact of online sales varies by food category, ranging from less than 1% to 3% of sales. Coffee and tea sell the best, while dairy and juices...

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Jul 24 8:21 AM, General News


NCBA and NAMI Respond to USDA Report on Cattle Markets 

The USDA suggested broader reporting requirements for meatpacking companies as it investigates cattle market movements driven by the coronavirus pandemic and a fire at a major beef plant. The USDA stated in a report in conjunction with the U.S. Department of Justice that it continues to investigate potential regulatory violations and anticompetitive conduct within the industry. However, the report does not detail any wrongdoing by meat processors.

“In its analysis of the effects of the fire and the pandemic, USDA found no wrong-doing and confirms the disruption in the beef markets was due to devastating and unprecedented events,” said North American Meat Institute President and CEO, Julie Anna Potts. “It is difficult to see how the USDA’s recommended legislative proposals would have...

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Jul 24 8:21 AM, Urner Barry


Beyond Meat Brings Latest Iteration of the Beyond Burger to Canada

Beyond Meat is announcing its latest iteration of the Beyond Burger, produced locally at a co-manufacturing facility in Canada, is now available at major grocery stores nationwide. This latest version of the Beyond Burger, Beyond Meat’s flagship product, has 20g of protein derived from simple, plant-based ingredients like peas, mung beans and rice, and features marbling made from cocoa butter that is designed to melt and tenderize like beef.

Canada continues to be an important part of Beyond Meat’s long-term growth strategy and producing the Beyond Burger locally in Canada enables Beyond Meat to better serve the Canadian market, while...

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Jul 23 8:22 AM, General News


ALDI Surpasses 2,000 Stores and Embarks on Next Wave of Coast-to-Coast Expansion

ALDI opens its 2,000th store and kicks off a new wave of expansion. ALDI plans to open more than 70 new stores by the end of the year, announces plans to enter the greater Phoenix market and will support further Gulf Coast store expansion with a new distribution center in Loxley, Alabama.

"Each new store is an opportunity to serve another community, which is an honor and responsibility we do not take lightly," said Jason Hart, CEO, ALDI U.S. "As we continue to expand, we promise to do everything in our power to offer the lowest prices, every day, without exception. In fact, as food costs are rising across the country, we're lowering prices on...

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Jul 22 8:24 AM, General News


PODCAST: Calling All Pork People - ASF, Retail Demand, Exports, and More

In this week's segment Russell Barton discusses retail demand, slaughter, exports, African Swine Fever, and COVID-19...

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Jul 21 10:04 AM, Urner Barry


Pork Remains on the Menu in Spain and Italy Even if Tourists Stay Away

Spain and Italy face a miserable summer tourism season. But does this mean a terrible year for pork, too? Remarkably, Rabobank's analysis shows that decreased international tourist activity will have a limited impact on total pork consumption in these countries.

For the full year of 2020, Rabobank expects a decrease in total pork consumption of about 6% in Spain and 2% in Italy due to reduced demand in foodservice and retail. Furthermore, pork exports to Italy from major exporters, such as Germany, Spain and Denmark, are expected to remain largely unaffected by...

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Jul 20 9:45 AM, General News


JUST Egg to Debut at Select Retailers in Canada this Fall

Eat Just, Inc., announced that its award-winning plant-based egg will be coming to Whole Foods Market and select Walmart stores in Canada this fall. Canada is one of the most requested markets for the product, which has been a breakout success in retail and foodservice channels in the United States since its nationwide launch last year.

The newly released fluffy, folded format, will be marketed as JUST Plant Egg in Canada. It will be sold as a box of four in the frozen aisle at Whole Foods Market in Toronto, Vancouver, Victoria and Ottawa, and at more than 100 Walmart stores coast-to-coast. Additional on-shelf details will be announced at a later date.

In the U.S., sales of the toaster-ready product have surged since April, and it is now the #1 frozen breakfast entrée by velocity in the Natural Channel, according to...

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Jul 17 8:20 AM, General News


National Retail Federation Pushing for all Retailers to Adopt Face Mask Policy

As the COVID-19 pandemic continues to impact the United States, the National Retail Federation (NRF) called upon retailers to adopt a nationwide face-covering policy.

The NRF urged business, including grocery stores to implement the policy to protect the health of customers, associates and partners during the pandemic.

“The health and safety of associates and customers is retailers' number one priority and wearing a face covering or mask is scientifically proven to reduce the spread of COVID-19,” the NRF said in a press release...

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Jul 16 10:21 AM, General News


ANALYSIS: The Sustained Flight of Whole-Body Turkeys

In terms of turkey trade activity, there isn’t a whole lot going on here in Mid-July. Market participants continue to contend with the widespread supply and demand challenges associated with...

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Jul 16 8:23 AM, Urner Barry


Impossible Foods’ Growth Accelerates as Restaurant Sales Rebound and Retail Orders Surge

Since the start of the COVID-19 pandemic, Impossible Foods has expanded its grocery store footprint by more than 30X, and the food tech startup is on track to increase retail availability 50X throughout 2020.

Impossible Burger was sold in only 150 grocery stores in March. Impossible Foods’ plant-based burger is now available in more than 5,000 grocery stores across 48 states, including the nation’s largest grocery chain, Kroger, as well as Albertsons, Fred Meyer, Gelson’s, Safeway, Vons, and Wegmans.

Last month, Ahold Delhaize-owned stores on the East Coast, including Giant, Giant Martin’s and Stop & Shop, began selling Impossible Burger. And Impossible Foods’ flagship product will...

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Jul 15 8:24 AM, General News


Sweet Earth Foods Debuts New Plant-Based Burgers 

Sweet Earth Foods announced the release of its Awesome Bacon Burger. The new burger extends the plant-based food makers' portfolio just in time for grilling season, as nearly 40 percent of Americans are trying to eat more plant-based foods, according to Nielsen.

The Sweet Earth Awesome Bacon Burger is a smoky plant-based burger infused with vegan bacon bits. Made of textured pea protein, this plant-based burger contains 26g of protein per serving (27% DV) and is non-GMO project certified. The burger will be hitting shelves of HEB starting this week with nationwide distribution increasing over the coming weeks.

"We are so excited to announce the release of the Awesome Bacon Burger as the first-ever vegan bacon burger, proving eating plant-based can be...

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Jul 15 8:23 AM, General News


Carando Introduces New Calzone Products 

Carando, a brand of Smithfield Foods, is venturing further into the deli section with the addition of handheld, fully-cooked calzones. The new line features three mouth-watering flavors to tantalize every palate, including Pepperoni, Meatball, and Chicken Parmesan. Known for its authentic Italian flavors, the calzones offer consumers a simple, no-prep meal without skimping on taste.

"As a leader in Italian meats, we are excited to expand our portfolio and bring more of the traditional taste of Carando to consumers," said Diane Purnell, brand manager for Carando at Smithfield Foods. "Our new fully-cooked calzones offer convenient, on-the-go options for...

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Jul 15 8:22 AM, General News


Conagra Brands Launches More Than Two Dozen New Products, Hitting Shelves This Summer

Conagra Brands, Inc. is celebrating the summer with the debut of more than two dozen new products. More people are cooking and eating at home due to the COVID-19 pandemic, and Birds Eye, Marie Callender's, Healthy Choice and Snack Pack are among the brands bringing new items to market to satisfy evolving consumer needs. The new items from Conagra Brands will be hitting store shelves this summer.

New Plant-Based Meal and Snack Options

Plant-based products continue to rise in popularity, and not just for vegetarians and vegans, but for flexitarians too. Nearly 40% of Americans are attempting to incorporate more plant-based options into their diets. To answer the increased demand, brands including Birds Eye, Gardein, Healthy Choice and Marie Callender's have developed new items including...

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Jul 10 8:22 AM, General News


Retail Imports Improving Slightly, but Still Far Below Last Year

Imports at major U.S. retail container ports are expected to remain significantly below last year’s levels into this fall as the impact of the COVID-19 pandemic continues, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“Economic indicators show that the recession brought on by the pandemic may be easing, but retailers are being conservative with the amount of merchandise they import this year,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “The outlook for imports is slowly improving, but these are still some of the lowest numbers we’ve seen in years.”

“U.S. imports are performing like a yo-yo, up one month and down the next with no apparent cause that can realistically point to either...

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Jul 10 8:21 AM, General News


Target Enhances Online Grocery Pickup Service

Target’s making it easier than ever for consumers to get what they need to enjoy the season. Starting this week, consumers can shop fresh and frozen grocery items via Target's Order Pickup and Drive Up services at more than 400 stores.

“When it comes to safe, fast and easy shopping, Target leads the way,” says Dawn Block, senior vice president, digital, Target. “By expanding our Order Pickup and Drive Up assortment to include fresh and frozen grocery items, we’re making the Target Run even easier—ensuring that guests can get everything they need, using the fast, convenient services they already love.”

Select stores in Illinois, Ohio, Colorado, Utah, Michigan, Wisconsin, Iowa, Indiana, Kentucky and Kansas now offer the enhanced service, where guests can shop 750 items across...

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Jul 9 9:20 AM, General News


Kroger Announces Leadership Changes

The Kroger Co. announced the retirement of Joe Grieshaber, senior vice president and chief merchant, after more than 37 years of distinguished service, effective August 15. Grieshaber will be succeeded by Stuart W. Aitken, currently senior vice president of alternative business and CEO of 84.51˚, Kroger's data analytics subsidiary. Yael Cosset, senior vice president and chief information officer, will assume responsibility for alternative business and 84.51˚.

"Today's leadership announcements are consistent with our positive track record of strong succession planning and will help us to continue to drive transformation of our business and culture, focusing on speed, action and agility to...

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Jul 9 8:18 AM, General News


Uber Unveils Grocery Delivery

Uber Technologies, Inc. announced that users in select Latin American and Canadian cities can now order groceries through the Uber and Uber Eats apps, in partnership with Cornershop, the popular grocery delivery startup based in Santiago, Chile. This follows the companies’ 2019 agreement for Uber to acquire a majority stake in Cornershop, which is expected to close in the coming days. Today’s news marks Uber and Cornershop’s first integrated grocery delivery experience.

Uber connects people and communities with the tap of a button, including rides, prepared food, retail goods—and now groceries. Starting today, shoppers in select cities in Latin America, Canada and coming later this month, the United States, can find grocery delivery opportunities through both Uber and Uber Eats apps, furthering Uber’s vision of bringing people closer to...

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Jul 8 8:22 AM, General News


Purple Carrot Launches New Single Serve, Frozen Meals in Retail

Purple Carrot, known for its e-commerce subscription plant-based meal kit, announced their new 100% plant-based, single serve meals are now available in the frozen aisle at most Whole Foods Market stores across the country. Purple Carrot created these meals with the same flavor profiles and nutritional philosophies that are core to its meal kit offering.

The frozen foods market has been growing exponentially during the last few years, specifically for products that align with consumer demand for more plant-based options, according to the National Frozen and Refrigerated Foods Association.

"As more and more consumers are seeking to add plant-based options to their weekly routines but aren't ready to commit to a full lifestyle change, these single-serve meals offer a perfect way to...

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Jul 8 8:20 AM, General News


NRF Chief Economist Says Pandemic Recession Could Already be Easing but 'No One Has a Crystal Ball'

The economic downturn brought on by the coronavirus pandemic has officially been declared a recession, but National Retail Federation Chief Economist Jack Kleinhenz said today the key question is how long it will last.

“Will this recession be briefer than earlier recessions?” Kleinhenz said. “No one has a crystal ball. And just as it can take months to be certain a recession has begun, it can take time to declare when one is over.”

“While it would be unusual for a recession to last less than six months, it is possible that the current one could have already ended with May’s rebound,” Kleinhenz said. “The good news is that the recession may have...

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Jul 2 11:26 AM, General News


ANALYSIS: Chiming in on the Mid-Year Turkey Market

As we usher in Q3, and in the absence of any major deviations in this week’s overall market environment, we thought it would be a great opportunity to break away from...

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Jul 2 8:22 AM, Urner Barry


NCBA Applauds Introduction of DIRECT Act

The National Cattlemen’s Beef Association (NCBA) applauded the introduction of the bipartisan legislation to create new direct-to-consumer options for beef producers, processors and small meat markets without compromising federal food safety standards or market access under existing trade agreements.

Introduced by U.S. Representatives Dusty Johnson (R - At-Large, SD) and Henry Cuellar (D - 28th Dist., TX), the Direct Interstate Retail Exemption for Certain Transactions (DIRECT) Act of 2020 would amend retail exemptions under current law to allow meat processed under state-inspected establishments to be sold across state lines through e-commerce, providing beef producers and local processors alike with...

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Jul 2 8:22 AM, General News


Lloyd's Barbeque Introduces Pulled Pork and Chicken Products 

The makers of Lloyd’s barbeque products announced its pecanwood smoked pulled pork and hardwood smoked chicken made with 2-time world barbeque sauce champion Pig Beach Mustard BBQ Sauce.

Winner of the 2014 and 2016 Memphis in May World Championship Barbecue Cooking Contest, Pig Beach Mustard BBQ Sauce is a perfect match for Lloyd’s lightly seasoned hardwood smoked pulled meats. Recognized by USA Today as the “Most Prestigious Barbecue Contest,” the Memphis in May World Championship Barbecue Cooking Contest is a four-day competition held in Memphis, Tenn., that draws nearly 250 teams competing from around the world.

“Barbeque is all about bringing families and friends together,” said Eric Jacobson, Lloyd’s barbeque brand manager. “Our new hardwood smoked pulled meats made with...

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Jun 30 8:07 AM, General News


ANALYSIS: Retail Beef and Broiler Prices At Highs, Pork Close

There was a change in leadership in food spend during the COVID-19, and it probably wasn’t unexpected given what transpired globally...

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Jun 25 8:24 AM, Urner Barry


ANALYSIS: Turkey Cold Storage: Standing Resolute

Monday’s release of the USDA’s Cold Storage Report helps support the current standing of most major lines, and also reflects...

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Jun 25 8:24 AM, Urner Barry


Albertsons Companies Announces Launch of Initial Public Offering

Albertsons Companies, Inc. announced the commencement of an initial public offering of 65,800,000 shares of its common stock to be sold by certain of its stockholders, at an anticipated initial public offering price between $18 and $20 per share, pursuant to a registration statement on Form S-1 previously filed with the U.S. Securities and Exchange Commission (the "SEC").

The Company is not selling any shares pursuant to the common stock offering. In connection with the offering, certain of the selling stockholders expect to grant the underwriters a 30-day option to purchase an aggregate of...

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Jun 23 8:14 AM, General News


Plant-Based Protein Brand OZO Brings New Option to Retail and E-Commerce

Colorado-based Planterra Foods is making its debut this month in retail outlets and direct-to-consumer e-commerce with its introductory line of OZO. Consumers looking for a new plant-based protein can take a bite of OZO Burgers (two-4 oz patties), Ground (12 oz), and Mexican-Seasoned Ground (12 oz) just in time for summer grilling and new recipe ideas.

Powered by an exclusive proprietary blend of pea and rice protein fermented by shiitake mushrooms, all of the new OZO products are an excellent source of protein with up to 22 grams per serving. OZO features a high-quality pea protein that is a great source of iron. The Planterra team is also passionate about...

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Jun 22 8:15 AM, General News


Kroger Reports First Quarter 2020 Results and Provides Update on COVID-19 Response

The Kroger Co. reported its first quarter 2020 results, provided a Restock Kroger progress update on the three-year transformation plan and an update to the COVID-19 response.

Comments from Chairman and CEO Rodney McMullen

"The COVID-19 pandemic and the most recent instances of racial injustice have changed our country in unmistakable ways, not the least of which is the devastating loss of life and livelihood that has affected so many Americans. Kroger remains guided by our purpose and our values. I am proud of our associates who stepped up when we were called to be there for our customers, communities and each other. Our company is proud to...

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Jun 18 9:13 AM, General News


Beyond Meat Introduces Limited Edition Burger Pack

Beyond Meat is making plant-based burgers more accessible and affordable this summer with the introduction of Cookout Classic, a limited edition burger 10-pack available at a majority of Walmart and Target stores nationwide and select retailers across the U.S. beginning the week of June 22. Sold in the frozen meat aisle with a suggested retail price of $15.99 ($1.60 per patty), the new offering will be available through mid-August, or until supplies last, and is intended to narrow the price gap between plant-based meat and animal protein.

With growing consumer interest in plant-based protein, the Cookout Classic value pack is designed to inspire a plant-based meat option at barbecues and summer gatherings. The burgers are made with...

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Jun 18 8:19 AM, General News


May Retail Sales Improve Dramatically Over April but Still Below Last Year

Retail sales rose dramatically in May as retailers and other businesses closed by the coronavirus pandemic began to reopen, but remained well below spending levels seen during the same period a year ago, the National Retail Federation said.

“This sales report is very encouraging news at a time when we need to focus on what will happen as retail doors open once again,” NRF President and CEO Matthew Shay said during a live interview on CNBC’s Squawk Box program. “For a sick economy, there is no better medicine than retailers responding to consumers who are ready to safely return to stores. These sales numbers do not reflect the same strength we had going into the pandemic, but they certainly reflect the trajectory we need coming out of it. The most important thing now is...

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Jun 18 8:18 AM, General News


Mintel: A Quarter of British Millennials Say COVID-19 has Made a Vegan Diet More Appealing 

The prospect of a diet packed with chickpeas, lentils, and quinoa appears to be more tempting as of late, as new research from Mintel reveals that a quarter (25%) of young British Millennials (aged 21-30) say that the COVID-19 pandemic has made a vegan diet more appealing.

These plant-loving Millennials are not alone, as the research reveals that a vegan diet is proving more attractive to over one in ten (12%) of all Brits, rising to almost a quarter (22%) of Londoners, since the start of the pandemic.

This comes as Mintel research indicates there is a strong belief in the healing power of plants, as half of Brits (51%) believe plant/botanical ingredients (eg herbs, spices) can have...

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Jun 18 8:17 AM, General News


PODCAST: Checking In on Chicken - Retail Demand, Unemployment, and More

COVID-19 has caused shockwaves across the whole protein sector and chicken is no exception. Retail demand, unemployment, seasonal factors, and more...

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Jun 16 10:42 AM, Urner Barry


Sweet Earth Foods Debuts Eight New Plant-Based Products

Sweet Earth Foods announced the national launch of a selection of eight new burritos and entrée bowls. As the latest additions to Sweet Earth's best-selling product lines, these two new burritos and six new entrée bowls are available now in the frozen aisle of grocery stores, with distribution increasing in the following weeks.

The new burritos and bowls all incorporate plant-based Awesome Grounds or Mindful Chik'n, satisfying cravings for the meaty, juicy taste of traditional meats, and making them a good source of protein. Created with wholesome ingredients like veggies and globally inspired spices, the burritos and bowls are...

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Jun 16 10:05 AM, General News


70% of Grocery Shoppers Can Find Foods They Want, While 30% Are Still Experiencing Out of Stocks

The grocery cases and shelves that were left barren in the early days of the COVID-19 pandemic, for the most part, are back to their pre-COVID states. In the week ending May 28, 68% of U.S. grocery shoppers reported to The NPD Group that they hadn’t encountered any out of stocks of the foods and beverages they were shopping for during the week. This wasn’t the case for 32% of shoppers who did experience out of stocks when they shopped for foods and beverages during the week ending May 28, according to the findings of NPD’s NET® COVID-19 Pantry & Food Strategy Tracker...

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Jun 11 8:18 AM, General News


United Natural Foods Reports Third Quarter Fiscal 2020 Results

United Natural Foods, Inc. reported financial results for the third quarter of fiscal 2020 (13 weeks) ended May 2, 2020.

Third Quarter Fiscal 2020 Highlights

  • Net Sales increased 12% to $6.67 billion compared to $5.96 billion in last year's fiscal third quarter
  • Net income increased 54% to $88 million; Adjusted EBITDA increased 32% to $222 million
  • Earnings per diluted share (EPS) of $1.60; Adjusted EPS increased 130% to $1.40
  • Net debt reduced by $302 million compared to the second quarter of fiscal 2020
  • Updates fiscal 2020 guidance, which includes the impact of Retail included...
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Jun 10 9:24 AM, General News


Pandemic's Impact on Imports Easing, but Numbers are Still Below Last Year

The impact of COVID-19 at major U.S. retail container ports appears to be easing slightly, with projected imports remaining below last year’s levels but not as much as previously forecast, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“The numbers we’re seeing are still below last year, but are better than what we expected a month ago,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “It may still be too soon to say but we’ll take that as a sign that the situation could be slowly starting to improve. Consumers want to get back to shopping, and as more people get back to work, retailers want to be sure...

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Jun 10 8:19 AM, General News


Kroger and Ocado Announce Three Additional Regions for Customer Fulfillment Centers

Kroger and Ocado announced the continued expansion of their partnership with plans to construct three new Customer Fulfillment Centers (CFC) in the Great Lakes, Pacific Northwest and West regions.

"Kroger is incredibly excited to construct three additional industry-leading Customer Fulfillment Centers across the country in relationship with Ocado to bring fresh food to our customers more conveniently than ever before," said Robert Clark, Kroger's senior vice president of supply chain, manufacturing and sourcing. "Through our strategic partnership, we are...

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Jun 8 9:13 AM, General News


National Retail Federation Announces New Board Members

The National Retail Federation elected two new members to the NRF Board of Directors during its virtual summer board meeting.

The NRF board welcomed Hal Lawton, president and CEO of Tractor Supply Company, and Anish Melwani, chairman and CEO of LVMH Moët Hennessy Louis Vuitton Inc. They will both serve a two-year term until June 2022.

“Hal Lawton and Anish Melwani have shown exceptional leadership during the past few months as our country and the retail industry have faced the coronavirus pandemic and...

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Jun 5 2:19 PM, General News


Impossible Foods Launches Direct-to-Consumer Sales and Accelerates Retail Expansion

Impossible Foods is launching an all-new e-commerce site today, allowing people in the lower 48 states to buy the award-winning, plant-based Impossible Burger and cook it at home.

The startup’s direct-to-consumer channel offers family-size quantities of the award-winning, plant-based Impossible Burger starting at $49.99 (plus tax). The orders come with compostable and recyclable packaging, free shipping and two-day home delivery.

Impossible Foods has increased its retail footprint nearly 20-fold since the start of 2020, and its flagship product is now available in over...

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Jun 5 9:24 AM, General News


ANALYSIS: A Jumbo/Medium Chicken Breast Meat Inflection Point

Over the years, medium-sized boneless breasts have enjoyed an unyielding premium over their jumbo-sized counterparts...

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Jun 5 8:11 AM, Urner Barry


COVID-19 Impact on Alternative Protein Industry

The on-going COVID-19 pandemic is re-shaping everything from the global economies to product categories, pricing, and stock availability to consumer behavior.

The pandemic has also placed the spotlight on meat supply and food security globally. The spotlight on meat supply has been evident in both developed and emerging markets amidst disruptions to supply chains and panic buying and stockpiling, following announcements of lockdowns and social distancing measures...

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Jun 5 8:09 AM, General News


Amazon Air Expands Aircraft Fleet

Amazon continues to adapt to meet the changing needs of customers by investing in ways to provide fast, free delivery. Today, the company announced the lease of 12 Boeing 767-300 converted cargo aircraft from Air Transport Services Group (ATSG). These aircraft will join Amazon’s existing fleet of 70 aircraft to bring its total network to over 80 aircraft. One of the new aircraft joined Amazon’s air cargo operations in May 2020, with the remaining 11 to be delivered in 2021.

Amazon Air’s fleet expansion comes at a time when people in communities across the country continue to adjust to this unprecedented time, with many relying on having the items they need delivered directly to their doorstep. Amazon Air has played a central role during the COVID-19 pandemic by transporting essential PPE supplies for Amazon associates, frontline health workers and...

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Jun 4 8:24 AM, General News


ANALYSIS: Boneless Pork Loins Broke 3 Records on June 1st

We kicked off June with a bang in the boneless pork loin market. The reactions to COVID-19 continue to produce volatility across the pork market. Having moved to record highs prior to...

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Jun 4 8:12 AM, Urner Barry


COVID-19 Impact on the Plant-Based Meat Market

According to MarketsandMarkets, the global plant-based meat market size is projected to grow from $3.6 billion in 2020 to $4.2 billion by 2021, recording a compound annual growth rate of 17.0% in the realistic scenario during the forecast period.

The pea segment is projected to be the fastest-growing segment in the plant-based meat market during the forecast period.

The use of pea in plant-based meat has gained significant prominence over the past two years, driven by companies such as Beyond Meat (US), R&S Blumos (Brazil), and other regional players who are...

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Apr 23 8:19 AM, General News


Rabobank: Impact of Coronavirus on Southeast Asian Food & Agribusiness

Southeast Asia will face far-reaching challenges from the impacts of the coronavirus outbreak, such as economic decline, reduced out-of-home consumption, and supply chains disruptions, even beyond the lockdowns.

After panic buying, consumers will shift from foodservice to retail and – after a short, suppressed splurge (if any) – to recession-period spending.

Production will also be affected, albeit less, but transporting goods will continue to experience problems due to...

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Apr 17 8:18 AM, General News


U.S. Plant-Based Retail Market Worth $5 Billion, Growing at 5X Total Food Sales

New data released today by the Plant Based Foods Association (PBFA) and The Good Food Institute (GFI) shows U.S. retail sales of plant-based foods have grown 11.4 percent in the past year, bringing the total plant-based market value to $5 billion.

The total U.S. retail food market has grown just 2.2 percent in dollar sales during this same period—and was flat in unit sales—showing that plant-based foods are a key driver of growth for retailers nationwide. This data covers the total grocery marketplace and was commissioned from SPINS.

The leading drivers of plant-based sales continue to be plant-based milks, meat, dairy alternatives in general, and plant-based meals. Sales of plant-based milks grew 5 percent over the past year, now making up 14 percent of...

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Apr 3 8:23 AM, General News


JUST Expands Partnerships Globally, Raises Capital & Adds Former Coca-Cola Executive

JUST announced a host of partnerships to manufacture and distribute its JUST Egg across North America, Latin America, Europe, and East Asia. This global infrastructure, which includes millions of additional points of potential distribution and access to production facilities on multiple continents, will provide the scale needed to meet the increasing worldwide demand for the product.

Included in this partnership announcement are South Korea’s food company, SPC Samlip; one of Southeast Asia’s largest food companies, Betagro Group; bakery company, Grupo Bimbo; one of Latin America’s largest edible oil and fat producers, Alianza Team; and local delivery platform, Delivery Hero. This infrastructure builds on a previously announced manufacturing and distribution partnership with...

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Mar 19 8:23 AM, General News


Beyond Meat Announces National Retail Launch of Beyond Breakfast Sausage

Beyond Meat announced its latest product innovation, Beyond Breakfast Sausage, will start to hit retail shelves by the end of March. Beyond Breakfast Sausage is a new plant-based breakfast sausage featuring 11 grams of protein per serving.

Available in two flavors, classic and spicy, this breakfast option offers the taste of traditional pork breakfast sausage.

Perfect for busy mornings, Beyond Breakfast Sausage is a quick and convenient plant-based option that goes from...

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Mar 11 10:51 AM, General News


New Plant-Based Protein Brand OZO to Debut Nationwide this April

New plant-based protein brand OZO, powered by start-up Colorado business Planterra Foods, is making its debut at grocery stores nationwide beginning in April, providing consumers with a clean protein option that delivers exceptional taste and nutrition. Where superior taste meets convenience, OZO is raising the bar on plant-based protein offerings for today's consumer who doesn't want to compromise flavor to eat well.

The new line of plant-based products will officially launch with Burgers, Ground, Mexican-Seasoned Ground and Italian-Style Meatballs, and foodservice and club packs are also planned for 2020. The four OZO protein offerings are non-GMO, do not contain soy, and feature transparent, straightforward...

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Mar 4 8:22 AM, General News


Lightlife and Field Roast Bring More to the Table with New Plant Based Breakfast Sausages

Greenleaf Foods is transforming the growing breakfast category with a nationwide retail launch of three plant-based breakfast sausage products from its Lightlife and Field Roast Grain Meat Co brands. The new, innovative products were created to continue the brands’ common goal: to pioneer the plant-based category by putting plants at the center of the plate.

“Breakfast is an important part of the day, and until now, there has not been many plant-based protein options available,” said Dan Curtin, president of Greenleaf Foods, SPC. “We’re reinvigorating the plant-based breakfast space with new delicious items from Lightlife and Field Roast.”

Lightlife is introducing Plant-Based Breakfast Sausage Links and Plant-Based Sausage Patties that offer...

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Mar 2 8:25 AM, General News




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