April 28, 2017  

Today's News Summary:

In the news today, The FDA submitted an interim final rule to the White House Office of Management and Budget on Thursday that signals a delay in the agency’s final menu labeling rule, set to take effect on May 5. The move comes after NACS and the National Grocers Association formally requested that the FDA intervene prior to the deadline.

Buffalo Wild Wings Inc. faces a sizable challenge in 2017 as it looks to generate sales and traffic while protecting margins: Chicken wing costs. The Minneapolis-based chicken-wing chain ended a streak of declining same-store sales, with an increase of 0.5 percent at corporate restaurants in the first quarter ended March 26. The company said its Half-Price Wing Tuesdays drove “significant traffic” in the period.

Another big investor is calling on Whole Foods Market Inc. to explore a sale. Mutual-fund manager Neuberger Berman, which owns a 2.7% stake in the organic-grocery chain, sent a letter to the company's board this week urging it to "immediately engage advisers" to review options, including a sale or joint venture.

The food industry is moving to capitalize on the Trump administration's anti-regulation agenda by seeking to delay or do away with Obama-era rules governing the disclosure of calories, sugar, fiber and serving size, according to petitions filed with the Food and Drug Administration. In recent weeks, the National Association of Convenience Stores, the National Grocers Association and the American Bakers Association have cited the Trump administration's sweeping regulatory rollbacks to argue for the suspension of far-reaching Obama-era nutrition rules.

According to the new research report "3D Food Printing Market by Ingredient (Dough, Fruits and Vegetables, Proteins, Sauces, Dairy Products, Carbohydrates), Vertical (Government, Commercial, and Residential), and Geography - Global Forecast to 2025", published by MarketsandMarkets, the market is expected to be valued at USD 425.0 Million by 2025, growing at a CAGR of 54.75% between 2018 and 2025.

Foster Poultry Farms, a Farmerville, La. establishment, is recalling approximately 131,880 pounds of frozen, ready-to-eat breaded chicken patty products that may be contaminated with foreign materials, specifically plastic, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today.

Baraka Bakery and Grocery, a Nashville, Tenn. retail firm, is recalling an undetermined amount of ground beef products that may be adulterated with E. coli O157:H7, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today.

Finally, This week in retail: Grocers are gearing up for grilling. Circular themes this week are largely centered around the "Get Grilling" theme, with features for ribs, burgers, and barbeques placed strategically in flyers. Buns, ketchup, cheese, and chips can all be found clustered among grill-centric ad items, appealing to consumer excitement for summer—despite being a month outside of the unofficial Memorial Day kickoff.

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By Linda Lindner


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