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This Week in Retail: Supermarkets Prep for July 4th

The Fourth of July marks the last major retail buying occasion of the summer until Labor Day. 

This year’s holiday falls on a Monday and the extended weekend could encourage consumer cookouts and gatherings.

Grocers are closely eyeing the forecast as record high temperatures persist in the Southern region of the nation this week. 

This week, beef claims almost 28% of total protein features this week. Seafood and pork each account for 22.2%, while chicken clocks in at 16.7%...

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Jun 23 9:50 AM, UB Newswires



This Week in Retail: Seafood and Beef Lead Father's Day Ads

Feature ads for grilling favorites including steaks, chops, and ribs are abundant ahead of Father’s Day.

Seafood and beef lead Urner Barry's retail activity index this week, claiming 31.5% and 29.3% of ad space, respectively. Pork comes in with 23.6% of ad space and chicken features make up 9.3%. Egg features are up slightly from the week prior at 4.1%. 

Fresh/frozen filets make up the bulk of seafood ads at 30.5%. Cod is featured at $10.27 per pound on average, up 59% from last year. 4 oz. lobster tails run $29.58 per pound, up from $23.96 per pound in 2021...

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Jun 16 9:00 AM, UB Newswires


Beyond Meat Makes Plant-based Grilling More Accessible Than Ever This Summer With Cookout Classic'

Beyond Meat, Inc. (NASDAQ: BYND), a leader in plant-based meat, is making plant-based burgers more accessible this summer grilling season with expanded availability of its Cookout Classic™ value pack. Since last summer, Beyond Meat has significantly expanded the distribution of Cookout Classic to over 10,000 stores nationwide including at Giant Food, Hannaford, Publix, ShopRite, Sprouts, Stop & Shop, Wegmans, Whole Foods Market, and select Albertsons, Kroger, Target and Walmart locations. Cookout Classic helps narrow the price gap between plant-based meat and animal...

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Jun 15 6:57 AM, General News


Sweet Earth Foods Announces Two New Plant-Based Entrée Bowls

Today, award-winning plant-based innovator Sweet Earth Foods is announcing the debut of two new frozen entrée bowls, Korean BBQ-Style Chik'n and Cacio e Pepe, available in the freezer aisle at select retailers starting in June.

Both bowls are Non-GMO Project Verified, vegan, and made with wholesome, veggie-forward ingredients; each serving includes between 15 – 16 grams of protein and 5 – 7 grams of fiber. More details include...

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Jun 15 6:54 AM, General News


Stop & Shop Announces $140 Million Capital Investment in NYC Stores

Stop & Shop today announced a $140 million capital investment in its New York City stores to improve the shopping experience for local customers with a focus on adding thousands of new items from around the globe to ensure the assortment at each store reflects the diversity of the neighborhood it serves. Store remodels will deliver a fresh new look and feel for customers and will also showcase value with deal bins and the addition of the Flashfood program which offers fresh foods at up to 50% off...

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Jun 14 7:35 AM, General News


This Week in Retail: Competing Proteins for Father’s Day

Father’s Day, the second major grilling event of the season, is just 10 days away. Front-page circular ads are showcasing meat and poultry cuts along with other foods for the upcoming holiday weekend.

Grocers will be competing with foodservice for consumer dollars this holiday. According to the National Restaurant Association, Father’s Day is the third busiest day of the year for dining out, behind Mother’s Day and Valentine’s Day.

The most recent National Retail Federation data shows that consumers plan to spend $32.29 million on Father’s Day dinner or brunch this year, up slightly from last year’s figure...

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Jun 9 8:30 AM, UB Newswires


Retailer Lidl Slashes Prices on Multiple Protein Items Amid Inflation

Lidl, a retailer with over 11,550 stores across the globe, will slash prices on over 100 items in all of its stores across the east coast of the U.S, including a few meat, seafood and plant protein items.

The campaign comes amid “inflationary pressures across the supply chain have led to sharp increases in food prices for many retailers, especially on staples including meat, grains, coffee, frozen prepared foods and other key household products.

"As many families contend with rising prices due to inflation, we hope to ease their financial...

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Jun 3 8:00 AM, General News


This Week in Retail: Prepping for the Next Major Summer Grilling Occasion

Grocers will soon be featuring meat and poultry cuts for Father’s Day, the second major grilling event of the season that falls between Memorial Day and Independence Day.

Typically, June is the most active time of the year for backyard grilling as the warmer weather beckons families to cook outdoors. Grocers will try to encourage shoppers to cook at home rather than dining out for Father's Day this year by featuring popular grilling items at attractive price points when possible...

 

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Jun 2 9:00 AM, UB Newswires


UB Consulting: Do Beef Prices Relate to Consumer Sentiment?

The Michigan Consumer Sentiment Index (MCSI) measures consumer sentiment on a wide range of economic topics, including personal finances, housing, and business conditions. For market participants within the protein markets, understanding consumer attitudes relative to their economic situation can prove to be beneficial in understanding any shifts in market demand...

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May 26 8:40 AM, Urner Barry


This Week in Retail: Protein Features for Memorial Day Weekend

For Memorial Day weekend, beef features steal the spotlight with 30% of total protein ad volume. Seafood claims 28.5%, followed by pork with 23%. Chicken features account for 15% of retail buying opportunities, while turkey sneaks in with 1.6%.

In the beef complex, steaks have nearly 48% of feature volume. Ground beef ads account for 30%. The steak complex averages $9.18 per pound, up $1.15 per pound from a year ago. All except for top round and bone-in rib are priced higher than a year ago.

The price of 80% lean ground beef averages slightly above a year ago at $3.32 per pound. Burgers are often favored as a cost-effective and easy way to feed large gatherings...

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May 26 8:00 AM, UB Newswires


This Week in Retail: Beef Ads Lag Leading Up to Memorial Day

The Memorial Day holiday is just one weekend away and grocers are gearing up for the unofficial start to the summer grilling season.

This major retail occasion typically drives sales from the meat case, with items like burgers and hot dogs stealing the spotlight.

Beef features account for 28% of total protein ad volume this week, up slightly from the previous week. Pork and seafood are tied for second with 25%. Chicken claims 16%, even with the week prior. 

While beef holds the top spot in retail buying opportunities, market participants have reported lackluster beef features for this time of year. May is typically the strongest period of the year for beef demand...

While beef holds the top spot in buying opportunities, market participants have noted lackluster beef features for this time of year. May is typically the strongest period of the year for beef demand...

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May 19 8:20 AM, UB Newswires


This Week in Retail: Protein Demand and Rising Food Inflation

Fueled by rising food inflation, consumers nationwide continue to see higher prices for protein along with other goods, both at retail and foodservice. 

The Consumer Price Index (CPI) rose 8.3% in April, according to the Bureau of Labor Statistics—down slightly from the month prior. However, the latest figure was still near a 40-year high and slightly above what some analysts had anticipated. 

The food index increased 0.9% last month, its seventeenth consecutive monthly increase. 

Five of the six major grocery store food group indexes increased in April. The fruits and vegetable category was the only index that declined last month. The index for meats, poultry, fish, and eggs rose 1.4% in April, driven by a 10.3% increase in the egg index...

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May 12 8:07 AM, UB Newswires


This Week in Retail: Protein Features Spring to Life in May

May has finally arrived, sparking spring fever among consumers and retailers alike. With warmer weather beginning to arrive for parts of the country, retailers will increasingly showcase grilling campaigns for the upcoming summer season. 

The month of May hosts several retail occasions that typically heighten store traffic and sales. Baseball season is underway, leading to increased consumption both inside and outside the stadium of hot dogs, burgers, beers, and more.

The National Hog Dog and Sausage Council (NHDSC) estimates that MLB fans will consume 19.1 million hot dogs and nearly five million sausages at games this season. Fans are returning to stadiums at maximum capacity this season for the first time since 2019...

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May 5 8:00 AM, UB Newswires


This Week in Retail: Roast Features Make Room for Grilling Ads

Although some portions of the country are still experiencing cool weather and even snow, various grilling cuts are beginning to surface in circulars as consumers dust off their grills—despite being a month away from the unofficial Memorial Day kickstart to summer.

For grocers, the seasonal uptick in demand typically boosts sales for items like loins, butts, and ribs over the next few weeks as warmer weather drives increased outdoor activity.

In the meantime, retailers are preparing for the next retail occasion—Cinco de Mayo. The approaching celebration could increase store traffic as shoppers stock up on pork, beef, and chicken for tacos, burritos, enchiladas, and beyond...

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Apr 28 8:50 AM, UB Newswires


This Week in Retail: The Lull Before Grilling Season

The next few weeks following Easter are generally uneventful for retailers. With below-normal temperatures lingering in parts of the country, grocers are anxiously awaiting the confluence of seasonal factors that typically boost protein sales during the summertime. 

At present, grocers are securing holiday-oriented needs for May. The peak demand period for meat typically follows Memorial Day—the unofficial start of the summer season.

Leading up to Memorial Day, grocers will utilize springtime activities including baseball season and Cinco de Mayo to help fill the pauses in retail occasions.

Store circular ads will begin to display the change in season as front-page features for cold-weather items like roasts are replaced with steaks, ribs, and other grilling-centric cuts...

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Apr 21 8:00 AM, UB Newswires


UB Consulting: Is Rising Inflation Shifting Retail and Foodservice Demand?

Consumer prices continue to rise amidst economic turbulence. Ongoing COVID complications, global supply chain issues, and an unresolved Russia-Ukraine conflict have all attributed to rising prices for the consumer to some degree. As many continue to anticipate further interest rate hikes by the Federal Reserve to combat inflation, retailers and foodservice establishments may experience a shift in consumer demand with rising prices...

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Apr 14 9:10 AM, Urner Barry


This Week in Retail: A Look at Easter Features; CPI Data Released

This week in retail, the discussion is heavily centered on the economy, rising inflation with the latest CPI growth, and the bird flu outbreak in the U.S. Meanwhile, Easter week has arrived and grocers are looking to capture additional spending on the holiday.

USDA estimates that nearly 24 million poultry birds have died from high-path avian influenza since the virus strain was identified in February. The virus has since spread in wild birds to 32 states.

Another outbreak was confirmed Tuesday afternoon in a flock of roughly 2 million commercial layers in Nebraska, lifting the total number of commercial laying hens affected by HPAI to about 20 million head. 

Urner Barry's Midwest large benchmark quotation is currently at $2.84/dozen, down from $3.01/dozen the week prior but a staggering 176% above a year ago. At retail, large eggs on feature for the holiday week are highlighted at nearly $3/dozen while X-large averages $2.86/dozen...

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Apr 14 8:03 AM, UB Newswires


Wegmans Food Markets Now Accepts EBT SNAP Payments for Same-Day Delivery and Pickup via Instacart

Instacart, a leading retail enablement company in North America, and Wegmans Food Markets today announced the that they will accept Electronic Benefits Transfer and Supplemental Nutrition Assistance Program (EBT SNAP) payments across its 106 stores in New YorkPennsylvaniaNew JerseyMarylandMassachusettsVirginia and North Carolina. EBT SNAP will be available for purchases made at Wegmans via the Instacart website and mobile app.  

With this launch, Wegmans – known for being an industry-leading, family grocer – is making same-day delivery and pickup available...

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Apr 13 11:19 AM, General News


The Fresh Market Offers Guests An Array of Options to Celebrate Easter

The arrival of spring brings a fresh perspective and a renewed zest for life and all its joyous possibilities. Among those joys: gathering family together for Easter. The Fresh Market, Inc. offers ways to make sure this year's celebration is remembered as much for the happiness it brings as for how deliciously easy it is to pull off—saving time and money. America's Easter Destination is offering several options to make the holiday easier for guests at an incredible value:

Ready-to-serve holiday meals, including...

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Apr 8 1:14 PM, General News


This Week in Retail: Bird Flu and The Easter Outlook

Easter promotions are in full motion and households are gathering staples including eggs, ham, and lamb for the upcoming holiday.

According to a survey by the National Retail Federation, consumers plan to spend an average of $169.79 this year on Easter-related items, with food accounting for the largest spending category. The collective spending on the holiday is forecast at $20.8 billion, down slightly from $21.6 billion last year.

With HPAI spreading throughout the country, consumers are beginning to see higher prices for shell eggs. Roughly 13 million layers have been impacted by the current outbreak—the country’s worst since 2014-2015—while over two million commercial turkeys have fallen prey to the virus...

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Apr 7 8:25 AM, UB Newswires


This Week in Retail: Looking Towards April

Heading into April, the prospect of warmer weather encourages grocers to revamp their ads to align with seasonal trends. Increased demand for grilling items, especially for premium beef cuts, typically supports sales at the meat case.

Furthermore, the warming trend often translates to increased foodservice demand as more consumers venture out to restaurants. 

Wholesale prices for cuts like strip steaks, porterhouse, and T-bones normally begin to increase sometime in April and peak in the summer months. 

This week in retail, steaks including top round, top sirloin, and T-bone all show a rise in price versus a year ago. The steak complex currently averages 32% higher YoY. Features for 80% ground beef average $3.47 per pound, up from $2.88 per pound last year. Average roast prices are up 42 cents per pound...

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Mar 31 8:00 AM, UB Newswires


PLANT PROTEIN: Get to Know Players in the Plant Protein Market: GWI Foods

The plant-based food arena is growing larger by the day, with companies throwing their hats in the ring, offering what they believe are tasty food alternatives for the consumer. One company that recently commenced operations is GWI Foods, whose parent is Gold Water International Inc.

Gold Water focuses on business research, development, and innovation. With a keen interest in the plant-based food phenomenon, the company started research and development efforts in 2019. From there, GWI came into being and commenced its operations in 2021...

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Mar 30 8:08 AM, Plant Protein


NRF Welcomes EU-U.S. Agreement on Transatlantic Data Flows

The National Retail Federation welcomed the announcement today that a long-sought agreement in principle on transatlantic data flows has been reached between the United States and the European Union.

“Transatlantic data flows are vitally important to global retailers that operate establishments in Europe or sell goods online or by mobile apps to European consumers,” NRF Senior Vice President for Government Relations David French said. “NRF and our members have long supported a coherent regulatory system for EU-to-U.S. data transfers that works for both consumers and businesses and provides..."

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Mar 28 8:28 AM, General News


Cracker Barrel Old Country Store® Brings Care to the Table with Easter Heat n' Serve Meals

Cracker Barrel Old Country Store® is helping families 'take care anywhere' this spring with the return of its Easter Heat n' Serve meals, designed to make any gathering hassle-free. Back by popular demand, this year's Easter Heat n' Serve line-up is anchored by a delectable Prime Rib Family Dinner – the ideal option for making your celebration feel special at a value price guests can appreciate. Plus, gifting for Easter baskets or everyday moments has never been easier with Cracker...

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Mar 25 1:24 PM, General News


JD.com’s SEVEN FRESH Supermarket Rolls Out Autonomous Vehicles as COVID Cases Surge in China

JD.com has rolled out autonomous vehicles in the city of Shenzhen to deliver groceries through their fresh food supermarket, SEVEN FRESH.

The City of Shenzhen, which links Hong Kong to mainland China, saw a spike in COVID-19 cases earlier this month. China has a strict “zero-COVID” policy, so Shenzhen was put under lockdowns and hit with additional restrictions in an effort to stop the spread of the virus. To ensure food supply with no-contact, JD.com introduced their autonomous delivery vehicles...

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Mar 24 10:22 AM, SeafoodNews


This Week in Retail: Steak Features See Boost from Warmer Weather; Eyeing HPAI

Sunday marked the official start of spring. For retailers, that means grilling season is rapidly approaching, and with it—the opportunity for increased meat sales.

Steak features surged this week, accounting for 50.5 percent of total beef ads—up 16 percentage points from the week prior. Feature volume for roasts, meanwhile, has decreased, falling from 38.2 percent last week to 23.2 percent this week.

This week in retail, the steak complex averages $8.12 per pound, up 12.8 percent from a year ago. Boneless strip steaks are widely featured at grocery outlets across the nation and average $11.68 per pound, up 36 percent from a year ago. Top sirloin steaks are up 3.3 percent YoY at $5.64 per pound while bottom round steaks clock in at $5.54 per pound, up a whopping 68.4 percent from this week last year...

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Mar 24 8:27 AM, UB Newswires


This Week in Retail: Showcasing Brisket Features for St. Patrick’s Day

Today is St. Patrick’s Day and grocers are lining their shelves with Irish staples including corned beef brisket, Irish soda bread, and beer.

The National Retail Federation reports that over half of Americans plan to celebrate St. Patrick's Day this year, providing a boost for retail sales as consumers stock up on green apparel, food, and beverages. The NRF's survey found that 34% of celebrants will make a special dinner while 19% plan on attending a party at a bar or restaurant.

Roast feature activity accounts for 45% of all beef ads this week. Of that, briskets claim 42% of total roast features. Features for corned beef brisket this week range from $4.28 per pound to $5.93 per pound, depending on the store and region. Brisket feature prices currently average $4.49 per pound, up 22% from a year ago...

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Mar 17 8:45 AM, UB Newswires


REPORTER: Grocery Shopping Continues to Evolve During the Pandemic

This article was originally featured in the Spring 2022 Edition of Urner Barry's Reporter magazine. Want a FREE subscription? Click HERE.

There are many chapters to the story of the COVID-19 pandemic and grocery shopping. Initially, consumers across the nation began panic buying and running shelves bare of toilet paper and other household cleaning supplies as the country began to learn how to live during a pandemic.

Then, consumers quickly saw their trips to the grocery store change. Retailers began promoting non-contact pickup options, delivery and other methods so...

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Mar 17 8:00 AM, Urner Barry


This Week in Retail: Grocers Spring Forward; Latest CPI Data

The Consumer Price Index (CPI) rose 7.9% in February, according to the Bureau of Labor Statistics—the largest 12-month increase since 1982. The data was in line with analysts' expectations, heightening inflation fears in the markets.

The food index was up 1% as food at home gained 1.4% over the month. Both were the largest monthly increases since April 2020, according to the BLS. 

All six major grocery store food group indexes increased in February. The index for meats, poultry, fish, and eggs rose 1.2%. 

The index for food at home has risen 8.6% in the last 12 months, the largest annual increase since April 1981. The index for food away from home increased 6.8%, the largest 12-month increase in over four decades. 

As the conflict in Ukraine continues, market participants are closely eyeing the risks associated with worsening inflation. The ripple effects of the Russia-Ukraine war could raise consumer prices even further as grocers prepare for the transition to Spring, which is less than two weeks away...

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Mar 10 9:41 AM, UB Newswires


This Week in Retail: Global Uncertainty and the Food Supply Chain

Headlines are currently dominated by the Russian invasion of Ukraine, which entered its eighth day today. The Russia-Ukraine war has forced a mass exodus of Ukrainians and upended the global marketplace as market participants brace for potential consequences for consumers, both domestically and abroad.

Russia and Ukraine produce and export an abundance of natural resources including crude oil, metals, and wheat. The Russian assault on Ukraine could have long-term ramifications for the global economy, which is already strained by the ongoing pandemic and enduring supply chain disruptions.

For the United States, the conflict between Russia and Ukraine could intensify inflationary pressures and further increase costs for commodities including fuel and food. 

Amidst the volatility currently engulfing the global landscape, grocers are also monitoring a shift in the retail food landscape. March 2nd signified the start of the Christian Lenten season, which typically slows meat sales as Lent observers switch to other proteins including fish.

Seafood feature volume increased to 36% this week, from 28% the week prior. Currently, most seafood features stem from fresh/frozen fillets. The complex—which includes catfish, cod, and tilapia—averages $7.43 per pound this week, up nearly 41.5% from a year ago. 

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Mar 3 8:46 AM, UB Newswires


Kraft Heinz and TheNotCompany Create Partnership to Accelerate AI-Driven Plant-Based Innovation

The Kraft Heinz Company and leading food tech start-up TheNotCompany, Inc. announced today a joint venture designed to reimagine global food production and advance toward a more sustainable future.

The joint venture, which will operate under the control of Kraft Heinz as The Kraft Heinz Not Company LLC (“The Kraft Heinz Not Company”), will leverage the inherent strengths of both companies. NotCo brings its patented, first-of-its-kind technology and proven artificial intelligence (AI) solutions, while Kraft Heinz offers its iconic brand portfolio and scale...

 

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Mar 1 12:56 PM, General News


This Week in Retail: Farewell February; What's Next?

Wrapping up the final full week of February, wintry weather is in full force as back-to-back storms rip through the Eastern two-thirds of the country. Amidst the havoc, retailers are eagerly looking towards spring demand, which is boosted by seasonal influences including more favorable grilling conditions and holidays like Easter.

Retail protein sales are typically sluggish in February, leaving much to be desired among grocers. However, consumer retail demand for meat has remained strong so far this year despite a normal seasonal lull and higher prices for most items. In the near term, grocers will begin to shift their retail features from red meat and poultry towards seafood as Lenten observers begin a 40-day period of fasting and reduced meat consumption starting on March 2nd.

The seafood complex accounts for 27% of total protein features this week. Beef makes up 26.5% of feature volume, while pork closes in on 21%. Chicken claims almost 13% of ad space, followed by eggs...

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Feb 24 8:00 AM, UB Newswires


Kraft Heinz and J.R. Simplot Company Announce an Exclusive, Multi-Year Strategic Supply Agreement

The Kraft Heinz Company and Simplot Food Group, a division of the J.R. Simplot Company (“Simplot”), announced today that the two companies have signed a long-term agreement naming Simplot as the exclusive manufacturer and supplier of Ore-Ida. Kraft Heinz will continue to own the Ore-Ida brand.

As a leading expert in potato manufacturing and distribution, Simplot is expected to help grow the Ore-Ida brand by introducing world-class innovation and technology to the business as well as creating greater efficiencies through vertical...

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Feb 23 3:10 PM, General News


OZO® Unveils True Bite™ Experience at Expo West With First-of-its-Kind Plant-Based Chicken and Bacon

Colorado plant-based food brand OZO is introducing a True Bite Experience to “flexitarians” and food lovers everywhere with fresh, plant-based takes on classic favorites. For the first time ever, OZO will introduce the True Bite Experience with its new plant-based chicken and bacon products at Natural Products Expo West.

The True Bite Experience brings together everything you know and love about meat, for a complete savory experience, made from plants. With several incredible flavor offerings, the new...

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Feb 23 1:14 PM, General News


This Week in Retail: A Look at Protein Indices So Far in 2022

A common thread currently uniting the retail landscape for most proteins is inflationary pressure prompted in part by strong demand, persistent snags in the supply chain, tight supplies, and increased production costs. At present, Urner Barry’s beef, pork, and chicken retail feature indices are positioned at seasonal all-time highs.

Kicking off 2022, Urner Barry’s Weekly Retail Feature Beef Index displayed a contra-seasonal price movement relative to historical norms. The index normally sees a decline from early to mid-January. However, the beef index this year increased by 4.5% from January 3 through January 17 to $6.92 per pound, an all-time high for that week in history. The weekly index has been well above the 5-year average so far this year...

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Feb 18 9:00 AM, UB Newswires


Ethnic E-Grocer Weee! Appoints Three Executives To Leadership Team and Board of Directors

Weee! (www.sayweee.com), the largest and fastest-growing ethnic e-grocer in North America, today announced three key executive appointments as the company expands to meet the growing demands of its customers nationwide. The announcement comes on the heels of the recent appointment of acclaimed filmmaker, Jon M. Chu, as Chief Creative Officer. New appointments to the leadership team include: Board Members James McCann and Vivek Subramanian, and Senior Vice President of Engineering Rudy Darmawan.

"Weee!'s recent appointments bring a depth of experience in..."

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Feb 16 3:53 PM, General News


Sysco Completes Acquisition of the Coastal Companies

Sysco Corporation, the leading global foodservice distribution company, announced today it has completed the acquisition of The Coastal Companies, a leading fresh produce distributor and value-added processer. The acquisition will operate as part of FreshPoint, Sysco’s specialty produce business, and enables FreshPoint to enhance its service to the important Mid-Atlantic region, strategically diversify its portfolio by adding retail and ready-to-eat capabilities and adds state-of-the-art facilities with capacity for growth.

Founded in 1992 and based in Laurel, MD, The Coastal Companies generates annual revenue of approximately...

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Feb 14 9:44 AM, General News


This Week in Retail: Super Bowl Sales Wrap Up; Latest CPI Data 

The Super Bowl is within arm’s reach and grocers this week are promoting party-centric items including finger foods, frozen pizzas, and beverages. An estimated 184.5 million U.S. adults plan to cheer on the Cincinnati Bengals and Los Angeles Rams this Sunday evening, according to a National Retail Federation survey.

Seafood and beef each secured nearly 33% of promotional activity this week, according to the Urner Barry retail survey. Chicken climbed to 11.4%, up from 9.2% last week. Pork cuts were about even with recent weeks and had a 19% share of retail buying opportunities. 

The National Retail Federation reports that a combined 35% of football fans are planning on either throwing a party or attending a party for the big game this year. In the latest 15 years, 67% to 82% of total spending for the Super Bowl has been allocated towards food and beverages, according to NRF data. Chicken is likely to be a highly sought-after item in the meat case and grocers are anticipating an influx of spending on both fresh and frozen wings...

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Feb 11 7:55 AM, UB Newswires


2022 Marks 2 Decades of "The American Masters of Taste" Honoring Eggland's Best with Gold Medal Seal

For the past 20 years, Chefs In America has awarded Eggland's Best with "The American Masters of Taste" Gold Medal Seal for the superior taste, quality and freshness of its eggs. This prestigious award spans the Eggland's Best portfolio, honoring the brand's Classic Eggs, Organic Eggs, Cage Free Eggs, and Hard-Cooked Eggs. Each product was triple-blind judged and awarded superior tasting compared to other brands within its category.

"There is no surprise that Eggland's Best continues to surpass other eggs year..."

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Feb 10 8:56 AM, General News


New Study Highlights Why Online Grocery Shopping Will Survive In a Post-Pandemic World

Grocery stores were one of the few winners during the COVID-19 pandemic. Mandatory lockdowns had people sheltering in place. And while grocery stores were deemed “essential,” there was also a fear of going out and contracting the virus. Those stores that had online shopping in place - or added it early on - found even greater success. 

Lockdowns have ended and restrictions have lessened, but according to a report from Chicory, the interest in online grocery shopping has not waned...

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Feb 9 7:53 AM, SeafoodNews


This Week in Retail: February Lull Lifted by Game Day Food Purchases

Among retailers, February is normally a sluggish period for protein sales since wintry weather foils efforts to grill outdoors (except for the select few devoted fans, that is). A disruptive winter storm is currently blasting through the central, northeastern, and southern U.S. following a Nor’easter that hammered the East Coast last weekend.

Along with the weather, other factors that typically contribute to sluggish meat sales this month include tighter budgets following holiday shopping in December along with the absence of major holidays.

Grocers are looking for ways to increase store traffic this month by featuring attractive prices, when possible, on cuts of meats commonly used by families to stretch their food dollars. This includes pork butt and beef shoulder, which are great for slow-cooking and can be used in leftovers. Moreover, the upcoming Super Bowl presents an opportunity for grocers to drum up additional interest in the meat case. The Los Angeles Rams and Cincinnati Bengals will battle for the coveted Lombardi Trophy next weekend...

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Feb 4 9:02 AM, UB Newswires


This Week in Retail: Wing Prices Take Flight Ahead of Super Bowl

Seafood feature volume advanced to 28% this week, taking the top spot across proteins in retail buying opportunities. Beef closely follows with 27%, while pork and chicken features claim 18% and 10%, respectively, of ad space. Egg features climbed to 13%, up from 7% the week prior.

At the seafood counter, catfish, cod, and tilapia fillets average $6.55 per pound, nearly 13% above year-ago levels. Cooked shrimp features are roughly 90 cents higher than a year ago, averaging $8.49 per pound. Raw shrimp is featured at $7.57 on average for various counts, down 8.4% from this time last year.

In the retail beef complex, 80% lean ground beef averages $3.49 per pound, up 7% from a year ago but lower than both boneless skinless chicken breasts and chicken tenders. The steak and roast complexes continue to maintain hefty premiums to year-ago levels. Steaks average $8.47 per pound, up from $7.19 per pound in 2021. Roasts are featured at $6.06 per pound on average, a nearly 34% YoY increase...

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Jan 28 10:00 AM, UB Newswires


Vital Farms Appoints Kathryn McKeon as Chief Marketing Officer

Vital Farms, a Certified B Corporation that offers a range of ethically produced foods nationwide, today announced the appointment of Kathryn McKeon to Chief Marketing Officer (CMO) effective January 27, 2022. McKeon has over 15 years of experience in brand marketing, with a specific focus on building global and emerging consumer food brands. As CMO, McKeon will oversee the Brand, Content, Community Management, Shopper Marketing, Consumer Insights, Communications and Creative Design marketing functions.

McKeon joined Vital Farms in 2016 as one of the first marketing leaders. In her more than five...

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Jan 27 8:41 AM, General News


Campbell Named to 2022 Bloomberg Gender-Equality Index

Campbell Soup Company today was named to the 2022 Bloomberg Gender-Equality Index (GEI), which tracks the performance of public companies committed to transparency in gender-data reporting. This year’s index includes 418 companies headquartered across 45 countries and regions. The GEI measures gender equality across five pillars: female leadership & talent pipeline, equal pay & gender pay parity, inclusive culture, anti-sexual harassment policies and pro-women brand.

“Building a winning team and culture is a key element of our strategic plan, with a focus on creating an inclusive and diverse environment for..."

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Jan 26 8:40 AM, General News


New Year, New Flavor: 7-Eleven Introduces Limited Time Only Spicy Garlic Chicken Roller

Attention, spicy food lovers! The menu at 7-Eleven, Inc. is getting spicier this winter. That's right, the world's leading convenience retailer is dropping a hot new item on its iconic roller grill: the Spicy Garlic Chicken Roller.

The mouthwatering roller is perfect for lunch on the go or an anytime snack and is available now for a limited time only at participating 7-Eleven® stores nationwide. The Spicy Garlic Chicken Roller has all white meat chicken and a smooth swiss cheesy blend breaded in...

 

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Jan 26 8:00 AM, General News


Roses are Red, Violets are Blue, Write a Love Note on Tyson® Nuggets to Express Your 'I Love You'

Food is often an expression of love. And this Valentine's Day, Tyson® brand is inviting Americans to show their love to a sweetheart, friend or family member with the brand's beloved heart-shaped chicken nuggets, Nuggets of Love. Made with 100% white meat chicken raised with no antibiotics ever, Tyson Nuggets of Love are now available for a limited time at select retailers nationwide.

To help people say, "I love you" this Valentine's Day, Tyson brand is...

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Jan 25 9:11 AM, General News


SOMOS Launches Meal Kits and More to Replace Americanized Mexican Food with Real Mexican Food

SOMOS officially launches today to replace the Americanized Mexican food found in most pantries with real Mexican - made in Mexico, the way Mexicans make it. With SOMOS, co-founders, former KIND Snacks executives, and real-life amigos, Daniel Lubetzky, Miguel Leal and Rodrigo Zuloaga, want to transform American kitchens into true Mexican cocinas filled with delicious, easy-to-make food from the heart of Mexico. SOMOS, which means "We Are" in Spanish, aspires to connect Mexico and the world by replacing a narrow view...

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Jan 25 8:20 AM, General News


Kraft Heinz Announces Leadership Team Transitions

The Kraft Heinz Company announced today the appointment of Andre Maciel as Executive Vice President and Global Chief Financial Officer, effective March 2, 2022. Maciel will succeed Paulo Basilio, who will step down on March 1, 2022, as part of a planned transition and will remain with the Company as a strategic advisor through August 2022. Basilio remains a partner at 3G Capital. Additionally, Yang Xu will move to Senior Vice President, Global Head of Corporate Development. These transitions happen at a moment of strength for the Company, as Kraft Heinz enters the next...

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Jan 24 8:14 AM, General News


This Week in Retail: Wintry Weather Boosts Protein Sales

While major buying occasions are sparse in January, wintry weather helps support sales at the meat case this month as consumers stock up on protein for hearty, comfort food recipes.  At present, the National Weather Service is calling for significant winter weather in the Southern and Eastern U.S.

Buying opportunities for seafood and beef have dominated the protein complex so far this year. Seafood narrowly beats out beef for first in buying opportunities this week, claiming 28% of total ad volume. Beef accounts for 26%. 

Retail feature prices for most beef roast cuts—popular with cold-weather cooking—are higher than year-ago levels. Bottom round averages $4.98 per pound, a 15% YoY increase. 80% lean ground beef is up $1.04 per pound, or 37.4%, from last year at $3.82 per pound on average.  

Pork makes up 24% of total ad volume this week. Hams are featured at competitive price points since retailers are looking to clear out excess inventory after the holidays...

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Jan 21 8:02 AM, UB Newswires


Campbell Named One of the World’s Most Sustainable Corporations

Campbell Soup Company today was named as one of the 100 Most Sustainable Corporations in the World by Corporate Knights, a media and research company that produces rankings and financial product ratings based on corporate sustainability performance. Ranked number 89, Campbell is one of 23 U.S. companies, and one of only two U.S. food companies, included in the Global 100.

“At Campbell, we are committed to building a more sustainable and resilient food system,” said Stewart Lindsay, Campbell’s Vice President, Corporate Responsibility and Sustainability. “This recognition is a..."

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Jan 19 8:57 AM, General News


Real Good Foods' Frozen Enchiladas are Now Available in All Costco Regions Across the U.S.

The Real Good Food Company, Inc., an innovative, high-growth, branded, health- and wellness-focused frozen food company, today announced its best-selling, nutritious Grande Chicken Enchiladas are now available in all Costco regions beginning on January 22.

Our Enchilada platform is made 100% Grain Free, and with a much different macronutrient profile than others available on the market. With only 2g net carbs and 20g protein per serving, Real Good Foods Grande Chicken Enchiladas are nutrient dense and made from real food...

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Jan 19 8:23 AM, General News


New from Dutch Farms.. Widely Expanded Specialty Egg Line

Dutch Farms proudly introduces our largest specialty egg line expansion—ever (in fact, only one national brand has more specialty egg SKU's).

We know the egg market. All trend lines point toward increased demand in specialty eggs. Consumers continue to ask us for Organic, Cage-Free, Free-Range, and Pasture-Raised eggs.

Dutch Farms has unparalleled partnerships with local, small family farms that raise hens who are free to roam and nest, who allow outdoor access, and some who allow hens to forage for wild plants and food. Dutch Farms offers...

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Jan 17 8:57 AM, General News


This Week in Retail: Beef and Seafood Dominate Ad Space; CPI Data Released

Beef and seafood currently dominate circular ad space, providing an opportune occasion for surf and turf lovers to snag attractive deals at the grocery store. Beef and seafood account for about 29% and 27%, respectively, of retail buying opportunities this week. The next highest category belongs to pork with 19%, followed by chicken at 15%.

Over in beef, steaks make up 39% of all beef ads. Boneless strip steaks average $12.21 per pound, up from $7.47 per pound last year. T-bone steaks run $8.34 per pound, up 13.9% from 2021. The steak complex is nearly 17% higher YoY on average. The roast category is featured at an average of $6.41 per pound, up $1.47 per pound from 2021. The weekly retail beef feature index is currently at $6.75 per pound, up 20.5% from the prior 5-year average...

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Jan 14 7:55 AM, UB Newswires


Longtime 7-Eleven Executive Appointed 7-Eleven International LLC Co-CEO

Today, 7-Eleven, Inc. is proud to announce Ken Wakabayashi's new role as Co-CEO of 7-Eleven International LLC ("7IN"). Previously 7-Eleven, Inc.'s SVP, Head of International, Wakabayashi will now lead the 7-Eleven brand's global growth strategy alongside Co-CEO, Shinji Abe, from Seven-Eleven Japan.

"We are thrilled to offer our congratulations to Ken Wakabayashi on this exciting new role," said Joe DePinto, 7-Eleven, Inc. President and Chief Executive Officer. "With this move, Ken will help lead the 7IN team to..."

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Jan 13 8:26 AM, General News


Dafne Hefner Joins Kraft Heinz as North America Zone Chief Strategy and Transformation Officer

The Kraft Heinz Company today announced the appointment of Dafne Hefner to the newly created role of Chief Strategy & Transformation Officer - North America Zone, effective Jan. 18, 2022. Hefner is being hired to help accelerate the strategic growth plan in the Company’s U.S. and Canada businesses, including the broader deployment of Agile teams and a North America Zone digital agenda.

Hefner joins Kraft Heinz from Anheuser-Busch InBev SA/NV (“AB InBev”), where she most recently served as Senior Vice President of Strategy & Insights. During her...

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Jan 13 8:00 AM, General News


Campbell Named One of America’s Most JUST Companies by JUST Capital and CNBC

Campbell Soup Company was named one of America’s Most JUST Companies by JUST Capital and CNBC, its media partner. This marks the fourth year that Campbell has been recognized for its commitment to serving its stakeholders, including employees, customers, consumers, communities, the environment and shareholders. Campbell ranked #77 overall and performed particularly well in the areas of community development and transparent consumer communications—earning top marks on both metrics.

“We are honored to again be recognized as one of America’s Most JUST companies,” said Mark Clouse, Campbell’s...

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Jan 12 2:24 PM, General News


UNLIMEAT Brings Its Popular Plant-Based Meat to the USA

UNLIMEAT, a leading meat substitute brand in Asia, is now entering the US market. UNLIMEAT launched its flagship product 'UNLIMEAT Slices' in 2019. UNLIMEAT Slices are an alternative meat entirely made from natural plant-based ingredients such as soy protein, pea protein, coconut oil, cacao powder, and rice flour. Made using the company's proprietary protein extrusion technology, they have a robust beef-like flavor and texture. The Slices have been widely praised by industry groups including the UK's FoodTech 500 and France's Monde Selection 2020, in which it won...

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Jan 7 1:16 PM, General News


Adam Grogan, New President of Maple Leaf Foods Inc.'s Plant-Based Protein Subsidiary Greenleaf Foods

Maple Leaf Foods Inc., a leading North American producer of high-quality, sustainable protein, announced today that Adam Grogan will assume the role of President of its wholly-owned subsidiary, Greenleaf Foods, SPC ("Greenleaf"), effective January 31, 2022.

Mr. Grogan has been a key contributor within the Maple Leaf Foods organization for over twenty years, holding a number of critical positions, including being the company's Senior Vice President of Marketing, Innovation, Research and Development before transitioning to Chief Operating Officer of Greenleaf in...

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Jan 7 8:17 AM, General News


This Week in Retail: Eyeing Prop 12, Pandemic Uncertainty in 2022

Rounding out the first week of 2022, uncertainty surrounding the ongoing pandemic continues to impact businesses and the overall wellbeing of the world’s population.

Retailers, along with other participants throughout the supply chain, are monitoring labor constraints, made worse by the rapid spread of the Omicron variant. Prolonged disruptions to the production, further processing, and distribution of consumer goods from worker absenteeism and potential further government restrictions remain key concerns for producers and buyers alike in the New Year.

Meanwhile, the second phase of California’s Proposition 12 went into effect on January 1. Under the law, veal calf producers are required to provide their animals with at least 43 square feet of usable floor space per calf. Sows must have a minimum of 24 square feet of usable space per animal. Laying hens are required to be cage-free. Proposition 12 prohibits the sale in California of veal, pork, and eggs not raised in compliance with these...

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Jan 7 7:55 AM, UB Newswires


Ilinel Food Co. Launches Casa Verde: A New Line of Plant-Based Ready-to-Eat Latin Entrees

Ilinel Food Company, founded by Guatemalan-born Harry Lewis, announced today the launch of its new brand Casa Verde: healthy, affordable, ready-to-eat entrees for consumers everywhere. Backed by one of the largest food and beverage companies in Latin America, Casa Verde is disrupting the Latin market by making traditional Latin food completely plant based. The brand will launch with four different sustainable entrees that can be ready in just 60 seconds with a stovetop or microwave: Garbanzos Al Pastor, Lentil Mole...

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Jan 7 7:54 AM, General News


Egglife Foods Goes Against the Grain with New Campaign and Innovative New Sweet Cinnamon Wrap

Egglife Foods, the innovative company reimagining flour-based foods by harnessing the power of eggs, is once again disrupting the tortilla category. The CPG startup that has made 'kicking flour to the curb' its mission officially announced the launch of a new creative campaign, which aims to drive awareness, familiarity and loyalty for its category disrupting egglife® egg white wraps along with its first-to-market innovation – new sweet cinnamon egglife® egg white wraps – by encouraging consumers to go against the grain...

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Jan 6 8:00 AM, General News


Campbell Appoints Daniel L. Poland Executive Vice President and Chief Supply Chain Officer

Campbell Soup Company today announced the appointment of Daniel L. Poland as Executive Vice President and Chief Supply Chain Officer, effective Jan. 10, 2022. Poland succeeds Bob Furbee who informed the company of his intent to retire after 38 years of service. Furbee will remain with Campbell until April 2022 and work with Poland to ensure a smooth transition.

Poland will lead Campbell’s end-to-end supply chain function including procurement, food safety and quality, occupational health and safety, engineering, planning and logistics, and all manufacturing sites...

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Jan 5 8:47 AM, General News


Ingles Markets, Incorporated CFO Ron Freeman to Retire

Ingles Markets, Incorporated (NASDAQ: IMKTA) announced today that its vice president-finance and chief financial officer, Ronald B. Freeman is retiring effective February 16, 2022. As a result, Mr. Freeman will not be standing for reelection to the Company’s board of directors.

Mr. Freeman has been employed by Ingles for 17 years as its CFO and a member of its board of directors. Mr. Robert P. Ingle II, chairman of the board, stated, “We regret that Ron Freeman is retiring from the Company. He is a person of the highest caliber...

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Jan 3 11:48 AM, General News


Ultrafast Grocery Delivery Service Buyk Expands to Chicago, Targets Rapid Expansion Across US

Buyk, a real-time retail grocery delivery service that promises to deliver essential food, drink and other necessities to your door within 15 minutes with no delivery fee and no minimum spend, has announced the official launch of its service in Chicago with plans of further expansion across various US geographies in 2022.

Following its launch in New York City just three months ago, Buyk will begin operations in Chicago with 6 dark stores, bringing the Company’s total to 35 stores across both cities...

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Dec 30 9:27 AM, General News


Southeastern Grocers Concludes 2021 with Nearly 80 Store Improvements

Southeastern Grocers Inc. (SEG), parent company and home of Fresco y Más, Harveys Supermarket and Winn-Dixie grocery stores, is concluding the year by celebrating its wins both for its customers and the community. Over the course of the year, the grocer has remained resilient in offering the best shopping experience for its customers with more than 70% of its total store footprint refreshed to date, has added value and savings through new products and offerings and has remained a committed community partner by donating more than...

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Dec 29 9:30 AM, General News


PLANT PROTEIN: Get to Know Players in the Plant Protein Market: CHKN Not Chicken

Portland, Oregon-based startup CHKN Not Chicken vows that its blend of plant-based proteins and spices is real food, not a science experiment.

“We’ve been working on the recipe for CHKN Not Chicken for more than two years now. It took a lot of work to develop a product that we were all proud of and that we knew delivered on the taste and texture of chicken,” says co-founder & CEO Brian Pope. “We also wanted to ensure that the product was...

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Dec 29 8:54 AM, Plant Protein


Forbes Names Hormel Foods One of the World's Top Female-Friendly Companies

Throughout 2021, Hormel Foods Corporation, a global branded food company, received numerous awards from publications, including Newsweek magazine (America's Most Responsible Companies), Selling Power (50 Best Companies to Sell For) and Military Times (Best for Vets). Forbes can now be added to that list as the magazine recently announced that the company ranks as one of the World's Top Female-Friendly Companies.

Hormel Foods has long promoted and supported a female-friendly culture, including employee resource groups such as Hormel Foods Women in Leadership and Women's Insight Network...

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Dec 29 7:58 AM, General News


This Week in Retail: Seafood Features Are Ablaze Amid the Holidays

With Christmas at our doorstep, some households are stocking up on last-minute gifts, along with food for those hosting holiday meals.

Just ahead of the holiday, seafood climbed to the top spot among protein ads this week with 29.5 percent. Beef comes in second with 25.9 percent of total protein ad volume, followed by pork with 21.6 percent. Chicken makes up 4.7 percent, compared to 5.7 percent the previous week. Turkey features increased to 16.8 percent, up from 12.2 percent last week...

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Dec 23 10:00 AM, UB Newswires


DoorDash, Southeastern Grocers Announce On-Demand Grocery Delivery Partnership

DoorDash announced a partnership with Southeastern Grocers (SEG) on December 21 to offer on-demand grocery delivery from more than 400 stores throughout Florida, Georgia, Alabama, Mississippi and Louisiana.

SEG is the parent company of Fresco y Más, Harveys Supermarket and Winn-Dixie stores.

SEG will offer tens of thousands of grocery items for delivery via DoorDash, from core grocery items including fresh produce, dairy, bread, fresh meat and seafood, as well as SEG's selection of Own Brands products including SE Grocers, SE Grocers Prestige, SE Grocers Naturally Better...

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Dec 23 8:00 AM, General News


NotCo Ushers in a New Golden Era of Chicken with the Launch of NotChicken™

NotCo, the fast-growing food tech company with a first-of-its-kind patented A.I. technology (named Giuseppe) that creates plant-based options that taste, feel, cook, and function just like their animal-based counterparts, today announced the debut of NotChicken™ to the Latin American market. A finishing touch to the year, the expansion into the booming plant-based chicken subcategory includes four deliciously juicy SKUs: NotChickenNuggets™, NotChickenBurger™, NotChickenBurgerCrispy™ and NotChickenFillet™.

Plant-based chicken is one of the hottest...

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Dec 22 9:55 AM, General News


Eggland's Best CEO Charlie Lanktree Announces Retirement

Eggland's Best, the #1 branded egg in the U.S., announced today that CEO Charlie Lanktree plans to retire after having served the company for 32 years. As part of the final steps of a successful transition plan put in place several years ago, Kurt Misialek will be adding CEO to his current role as President of Eggland's Best, effective January 1, 2022.

"It has been a great pleasure and honor to have spent more than 30 years leading a fantastic team," Lanktree said. "I'm thankful for our consumers who enjoy our products..."

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Dec 17 1:03 PM, General News


Urner Barry's New Market Briefing Provides an In-Depth Look at the Protein Trade Before the Holidays

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

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Dec 17 10:06 AM, Urner Barry


Torani Announces its ‘Flavor of the Year’ for 2022: Torani Puremade Salted Egg Yolk Syrup

Torani, a trusted leader in the flavor industry for nearly 100 years, revealed its first-ever Pourcast Flavor of the Year today: Torani Puremade Salted Egg Yolk Syrup. This distinctly delectable and versatile flavor is a rising star on the global flavor scene, joining Torani’s existing lineup of over 150 syrups and sauces.

Known for introducing the Italian soda to the U.S. in the 1920s and creating the world’s first flavored latte in the 1980s, Torani is constantly in pursuit of the “next big thing”...

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Dec 16 8:58 AM, General News


This Week in Retail: Inflation Climbs to 39-Year High in Latest CPI Data

The Bureau of Labor Statistics (BLS) released the latest Consumer Price Index (CPI) for November, showing the all items index up 6.8 percent over the past 12 months. This was the fastest 12-month increase since June 1982.

The food index increased 0.7 percent last month after rising 0.9 percent in both September and October. The index for food away from home rose 0.6 percent in November after gaining 0.8 percent in October, according to the BLS. Over the last year, the food away from home index has risen 5.8 percent. This was the largest yearly increase dating back to January 1982...

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Dec 16 7:31 AM, UB Newswires


Abbot's Butcher Ground "Beef" and "Chorizo" Certified as the First Whole30 Plant based Meat

Abbot's Butcher, the makers of premium plant-based meats, announces it has received the Whole30 Approved® certification for its Ground "Beef" and "Chorizo" products. Those who follow the Whole30 program will have a versatile plant protein that fits seamlessly into everyday recipes.

"We are proud of the Whole30 distinction and are excited to share this news with customers who are looking to add more plant-based meals in the new year," says Kerry Song, CEO of Abbot's Butcher. "Our plant-based meats are deeply flavorful..."

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Dec 15 1:16 PM, General News


This Week in Retail: A Look at Holiday Ribs and Hams

The standing rib roast or holiday ham is a traditional centerpiece at the Christmas dinner table. With a little over two weeks to go until Christmas, wholesale buyers are completing their holiday purchases and will increasingly showcase these popular items at retail.

For the wholesale rib market, prices are under significant pressure following a record-shattering peak at nearly $615/cwt in late September, according to Urner Barry’s Choice quotation. Typically, the wholesale rib market begins its seasonal advance from September through around mid to late November as retailers secure inventory for the holiday.

At present, the rib cutout is in an inverse price trend compared to 2020, which saw record-high levels for this time of year...

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Dec 10 7:57 AM, UB Newswires


Organic Prairie® Launches Ten-Minute Mealtime Solution

This winter, don't forget to add Organic Prairie's new Seasoned Ground Beef to your shopping list. Organic ground beef, pre-seasoned with all-organic spices, will cut prep time for some of America's most popular home-cooked meals.

Ten Minute Dinners

"Our new organic, seasoned ground beef gives home cooks a choice of high-quality protein that's quick and easy to prepare," said Dave Greening, Organic Prairie General Manager. "Shoppers can just 'grab and go,' and the meat is fully cooked in approximately 8 minutes..."

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Dec 9 12:58 PM, General News


Beyond Meat Appoints Protein Industry Veterans to Top Executive Roles 

Beyond Meat, Inc., a leader in plant-based meat, today announced the appointment of two food industry veterans to its executive leadership team. Doug Ramsey joins as Chief Operating Officer following three decades at Tyson Foods where he oversaw the company’s poultry and McDonald’s businesses. Bernie Adcock joins in the newly created role of Chief Supply Chain Officer following more than three decades of experience in operations and supply chain management at Tyson Foods, and will report to Ramsey.

Ramsey and Adcock join as Beyond Meat, the #1 selling...

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Dec 9 8:00 AM, General News


DoorDash Introduces Ultra-Fast Grocery Delivery

DoorDash (NYSE:DASH) is introducing ultra-fast grocery deliveries in 10-15 minutes beginning with DashMart in New York City. With over 2,000 items, DashMart offers a wide assortment of fresh and frozen grocery staples, snacks, household goods, and local products to fulfill any last minute shopping needs – whether you forgot an ingredient for tonight's dinner, or don't have time to get more eggs and milk midweek. To start, ultra-fast deliveries will be offered from a new DashMart location in Chelsea, with more locations and partners coming over the next few months...

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Dec 7 8:09 AM, General News


Smithfield Foods' Saratoga Food Specialties to Expand, Nearly Double Presence in Southern Nevada

Smithfield Foods, Inc. today announced Saratoga Food Specialties, its customized dry seasoning blends, sauces, dressings, and glazes business, will nearly double its footprint in Southern Nevada and bring approximately 50 additional jobs to the Clark County area with support from the Nevada Governor's Office of Economic Development (GOED) and the Las Vegas Global Economic Alliance (LVGEA).

In December 2019, Saratoga announced plans to acquire and invest in a former seasonings production plant to be the company's premier sauces, dressings, and glazes facility. Building on its initial...

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Dec 3 8:52 AM, General News


This Week in Retail: Jingle Bells, December Sells

December has arrived and retailers have been proactively preparing for what could be a record-breaking season for holiday spending.

The National Retail Federation predicts the highest holiday retail sales on record this year. According to the NRF’s forecast, holiday sales during November and December could grow between $843.4 billion and $859 billion. This compares with a previous high of $777.3 billion in 2020.

Rising incomes along with household wealth, a desire to return to in-person events, and a favorable weather forecast for the holiday season are among the factors contributing to a promising spending outlook...

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Dec 2 8:30 AM, UB Newswires


This Week in Retail: Gearing Up for Thanksgiving 

With Thanksgiving just two weeks away, some households are proactively stocking up on holiday staples amid ongoing interruptions in the production and transportation of many commodities.

Frozen turkeys make up 89.3 percent of turkey ads this week—up from 52.1 percent the previous week. Feature prices for frozen turkey are in a wide range from 55 cents to $1.19 per pound. 

Typically, retailers will use whole turkeys as loss leaders during the holidays in order to increase customer traffic. That may be harder for grocers to do this year due to persistent snags in the supply chain. Amplifying the logistical issues affecting global trade such as a lack of labor and port bottlenecks is historically tight levels of whole turkeys in cold storage.

USDA reported total whole frozen turkeys in cold storage at the end of September at 258.4 million pounds, the lowest level for that month since 2006. At present, nearly all weight categories for whole turkeys, whether young hens or young toms, are quoted at all-time highs. Urner Barry’s benchmark quotation for young toms, East, frozen, 18 pounds is $1.43 per pound, a record high and up 27.7% from the prior five-year average...

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Nov 11 8:06 AM, UB Newswires







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