Kroger Raises Lower End of Annual Sales Forecast as Cheap Groceries Lure Shoppers
Kroger raised the lower end of its annual sales forecast after topping quarterly results on Thursday, as its efforts to offer freshly sourced groceries at lower prices helped draw customers looking to stretch their dollars.
Shares of Kroger, whose $25-billion mega deal with smaller rival Albertsons is under antitrust review, rose nearly 4%.
U.S. consumers still have tight household budgets with little room to splurge, even on food, pushing them to buy items at the best possible price in the market as they also...
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South Korean Restaurant Locations in the U.S. Grow 10% Over the Past Year
Circana™, a leading advisor on the complexity of consumer behavior, today released new research highlighting South Korea’s rising influence on the U.S. foodservice industry. Korean restaurants, foods, beverages, and flavors are experiencing rapid growth, with the number of Korean restaurant locations increasing by 10% in the past year alone. The surge has been fueled by expansion across both full-service restaurant (FSR) and quick-service restaurant (QSR) segments...
Panera Bread Offers Feel-Good Fall Savings on Fan Favorite Menu Items
At Panera, you don't have to choose between a great deal and feeling good about what you eat. Just in time for fall, Panera is kicking off a limited-time deal on two fan-favorite menu items so guests can enjoy a satisfyingly delicious feel-good meal at a great value. Starting today, guests can use the code FALLDEAL to enjoy a whole-sized Chicken Bacon Rancher Sandwich or Fuji Apple Chicken Salad plus a free side for $7.99.*
Since its debut on the Panera menu this...
This Week in Retail: Rising Feature Volume for Roasts
This month marks an ideal blend of seasons for the retail sector, as grilling cuts continue to be featured along with autumn favorites like hearty roasts and everything pumpkin. The shift to cooler weather is already being reflected in increased promotions for pork and beef roasts, which have earned a larger share of circular ad space this week.
In the beef category, roasts now account for 26.4 percent of total ad space, up from 17 percent the previous week. Steak promotions eased to 36.9 percent, a nearly 10-point decline from...
Domino's is Saying No to Shrinkflation by Launching MOREflation
Shrinkflation seems to be everywhere these days, but not at Domino's Pizza Inc. (NYSE: DPZ). The largest pizza company in the world is taking a stand against shrinkflation by giving customers more food for the same price. Introducing MOREflation: when online customers mix and match any two or more medium two-topping pizzas from Domino's for $6.99 each, they can upgrade one of their pizzas to a large for free from Sept. 9-29.
"As a response to high inflation, many companies are shrinking products to avoid raising prices...
Dine Brands Expands Global Footprint With First Dual-Branded Applebee’s® and IHOP® in Honduras
Dine Brands International, an affiliate of Dine Brands Global, Inc., the parent company of Applebee’s®, IHOP®, and Fuzzy’s Taco Shop® restaurants, is further expanding its global footprint and unique dual-branded Applebee’s and IHOP concept to new international markets. Through a multi-unit development agreement with franchisee BLT Global Brands, the first dual-branded restaurant in San Pedro Sula, Honduras is planned to open on September 16, 2024...
BJ's Restaurant & Brewhouse Launches New $13 Pizookie Meal Deal
Today, BJ's Restaurants, Inc. (NASDAQ: BJRI) launches a new attack in the fight against inflation: the new $13 Pizookie® Meal Deal, an unbeatable offer available at BJ's Restaurant & Brewhouse locations nationwide. At a time when inflation continues to stretch consumers' budgets and rising costs make dining out feel like a luxury,* BJ's is setting out to create an experience that's as good for the soul as it is for the wallet. While many restaurants scramble to meet the demand for affordability, BJ's is creating a new...
Wakefern Food Corp. Seeks Local Suppliers and Vendors
Wakefern Food Corp., the nation’s largest retailer-owned cooperative, with member companies that own and operate supermarkets under the ShopRite, Price Rite Marketplace, The Fresh Grocer, Dearborn Market, Gourmet Garage, Fairway Market and Di Bruno Bros. banners, is hosting a supplier summit this fall to find the best new foods and products for its supermarket banners. Interested suppliers and vendors should be based in markets where Wakefern banners operate, and the application process for Wakefern’s Total Store Local Supplier Summit kicks off Sept. 9...
Amazon Fresh Introduces New Grocery Savings for Prime Members
Amazon (NASDAQ:AMZN) today announced new, exclusive discounts for Prime members shopping in-store and online at Amazon Fresh; a new private-label brand that offers great value for all customers; and enhancements to the online experience that make it easier for customers to shop for groceries from Amazon Fresh.
"We're always looking to make grocery shopping easier, faster, and more affordable for our customers," said Claire Peters, worldwide vice president of Amazon Fresh. "With expanded Prime member savings, the introduction of the new Amazon Saver...
Cargill Acquires Two Feed Mills in Denver and Kansas City from Compana Pet Brands
Cargill Animal Nutrition and Health has acquired two feed mills from Compana Pet Brands – one in Denver, Colorado, and the other in Kansas City, Kansas. With the addition of the two facilities, Cargill will be expanding its production and distribution capabilities in the western and central regions of the US, the company has announced.
Through the Denver mill acquisition, Cargill will welcome over 35 employees. The Denver mill has dedicated packing lines, allowing for growth with ag retail customers who serve the backyard/hobby farmer and pet owner segments...
Cal-Maine Foods, Inc. Announces Strategic Investment in New Egg Products Joint Venture
Cal-Maine Foods, Inc. (NASDAQ: CALM) today announced that it has completed a strategic investment with Crepini LLC, establishing a new egg products and prepared foods joint venture. Crepini LLC, founded in 2007, has grown its brand throughout the United States and Mexico featuring egg wraps, protein pancakes, crepes, and wrap-ups, which are now sold online and in over 3,500 retail stores.
The new entity, located in Hopewell Junction, New York, will operate as Crepini Foods LLC (“Crepini”). Cal-Maine Foods...
The Wendy's Company Appoints Arthur Winkleblack Chairman of the Board
The Wendy's Company (Nasdaq: WEN) today announced that its Board of Directors has appointed Arthur B. Winkleblack as non-executive Chairman of the Board. He succeeds Nelson Peltz, who has been named Chairman Emeritus in recognition of his long-time leadership, counsel, guidance and contributions to the Board and the Company.
Winkleblack has served as Lead Independent Director since October 2023 and has been a member of the Board since 2016. He also serves as Chairman of the Nominating and...
ANALYSIS: Wholesale U.S. Shrimp Prices Converging with Typically Lower Egg Prices
There is usually a common perception from consumers that seafood and shrimp are luxury items while eggs have appealed to price sensitive consumers. But the chart might tell a different story right now. From 2019 to 2020, the Expana Benchmark Price Large Shell Egg, Midwest averaged 19% of the price of the 16-20 count Peeled and Deveined, Tail-On White Shrimp, Asia origin...
September Import Cargo to Remain Elevated Ahead of Possible Port Strike
The nation’s major container ports are expected to see another busy month in September ahead of a potential labor strike at East Coast and Gulf Coast ports, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
“This is a critical time as retailers prepare for the all-important holiday season, and we need every port in the country working at full capacity,” NRF Vice President for Supply Chain...
Milo’s Poultry Farms, LLC., Recalls Eggs Because of Possible Health Risk
Milo’s Poultry Farms, LLC. of Bonduel, WI is recalling all “Milo’s Poultry Farms” and “Tony’s Fresh Market” branded eggs because these eggs have the potential to be contaminated with Salmonella, an organism which can cause serious and sometimes fatal infections in young children, frail or elderly people, and others with weakened immune systems. Healthy persons infected with Salmonella often experience fever, diarrhea (which may be bloody), nausea, vomiting and abdominal pain...
U.S. Egg Market Retreats from Seasonal Highs as Rising Shelf Prices Stifle Demand
A sharp rise in retail shelf prices across the U.S. has stifled consumer demand for eggs, bringing an end to a six-week rally that had pushed wholesale values to record highs for this time of year...
PODCAST: Agri-Food for Thought Episode 12 - Summer Food Trends Shift into Autumn
Listen now as Jamie and Simon examine seasonal shifts underway in the food and ag space as we say goodbye to Summer and hello to cooler weather, election season, and the harvest.
Aramark Celebrates NFL’s International Games with Globally Inspired Cuisine at Stadiums Across U.S.
The 2024 NFL season is upon us, and Aramark Sports + Entertainment (Aramark, NYSE: ARMK) is bringing the spirit of global cuisine to its venues as the league prepares to host five international games in three countries.
Aramark’s partners at the Philadelphia Eagles and Minnesota Vikings will be part of the exciting lineup of NFL International Games, with the Eagles competing on Sept. 6 in São Paulo, Brazil, and the Vikings playing on Oct. 6 in London, England. To celebrate these historic events...
ANALYSIS: The Seasonal Rebound of EU Shell Egg Markets
Retail buying activity continues to rebound as the post-summer season unfolds, aligning with typical seasonal patterns observed at this time of year. Shell eggs have become less available for breaking plants as some producers are gearing their production efforts towards increased supermarkets demand. This has resulted in bullish sentiments for raw material, and sellers are confidently maintaining higher asking prices. This upward pressure on prices is evident in market assessments for both cage and barn shell eggs, which have risen for two consecutive...
More Choices, Less Satisfaction? A Look at Findings from Recent Micro Study on Fast-Casual Chains
Data intelligence solutions provider Competitor IQ, a subsidiary of DALBAR Inc., shared insights from a micro study focused on the fast-casual foodservice landscape.
The study focused on fast-casual chains operating in Atlanta, Georgia and the big takeaway focused on the “Customization Conundrum.”
According to the firm, fast-casual chains have had an increased focus on customization options. Think of options like Chioptle or the various sandwich chains that allow customers to create meals to their specifications...
The Retail Rundown: September's Seasonal Shifts
Although there are about two weeks left to enjoy summer, many consider the season unofficially over following Labor Day. The retail landscape is starting to reflect this shift, where factors like cooler weather and football season are already influencing consumer demand.
The frozen/convenience aisles and deli counters benefit from back-to-school needs and provide quick meals for busy households. Circana data indicates that prepared dishes/kits earned $18.1 million in total sales last week, up from $17.7 million the week prior. Over in lunchmeat, fresh packaged turkey retailed at $7.21 discounted, an 18-cent year-over-year decrease.
USDA Releases Updated Guideline to Strengthen Substantiation
The U.S. Department of Agriculture (USDA) announced today the availability of an updated guideline that makes recommendations to strengthen the documentation that supports animal-raising or environment-related claims on meat or poultry product labeling. Today’s action builds on the significant work USDA has already undertaken to protect consumers from false and misleading labels and to implement President Biden’s Executive Order on Promoting Competition in the American economy.
“USDA continues to deliver on its commitment to fairness and choice for both farmers and consumers, and that means supporting transparency and high-quality standards...
New Study Finds a Relationship Between Eating Eggs and a Reduced Risk of Alzheimer's Dementia
For adults, eating eggs may support brain health – with research especially citing the egg’s naturally rich choline content.
A new study published in The Journal of Nutrition suggests an association between eating eggs and a reduced risk of Alzheimer’s dementia in older adults. These findings are important as the prevalence of Alzheimer’s dementia—the most common type of dementia—is expected to increase with an aging population.
Researchers continue to explore how diet could impact risk for Alzheimer’s dementia. Whole eggs, with most of their...
Vital Farms Hires Reena Van Hoven as Chief People Officer
Vital Farms, a Certified B Corporation that offers a range of ethically produced foods nationwide, has hired Reena Van Hoven as Chief People Officer (CPO), starting September 16, 2024. Van Hoven joins Vital Farms from food and beverage industry leader Danone North America. In the newly created CPO role, Van Hoven will lead Vital Farms’ People Team overseeing Business Partnerships, Org & People Development, and Total Rewards.
“We are thrilled to welcome Reena to build on the great foundation our People Team has established. We believe our true competitive...
FMI Research: Shoppers Feel in Control of Their Grocery Spending
Consumers are adapting their shopping strategies to include more flexibility as they attempt to control their grocery spending heading into the fall, according to the latest survey conducted by FMI – The Food Industry Association and The Hartman Group. The report, U.S. Grocery Shopper Trends 2024: Return to Routine, provides a crucial snapshot of how shoppers are finding value and evolving their grocery shopping habits in the current economic environment.
While shoppers report continued concerns regarding inflationary pressures on food and other consumer categories...
Vital Farms Hires Joe Holland as Chief Supply Chain Officer
Vital Farms, a Certified B Corporation that offers a range of ethically produced foods nationwide, has hired Joe Holland as Chief Supply Chain Officer (CSCO)beginning on September 1, 2024. Mr. Holland’s proven track record of driving operational excellence for high-impact consumer packaged goods (CPG) companies will help the company continue to raise the standards across the food industry. He will lead Vital Farms’ diversified supply chain team, including its award-winning egg washing and packing facility, Egg Central Station (ECS), in Springfield, Missouri, its forthcoming...
Kroger Files Motion to Enjoin the FTC's Administrative Merger Challenge
The Kroger Co. today filed a motion for preliminary injunction in the U.S. District Court, Southern District of Ohio, against the Federal Trade Commission's (FTC) administrative proceeding challenging the company's merger with Albertson's Companies, Inc. The company argues that by proceeding in its administrative tribunal, in addition to the separate action in federal court, the FTC is violating Constitutional protections.
The motion details how the FTC's administrative proceeding against the merger clearly violates the Constitution in two areas:
Circana Reports on the Future of Dinner: Quick Meals and Invested Occasions Define Consumer Habits
Circana™, a leading advisor on the complexity of consumer behavior, today released insights from its Future of Dinner report, revealing that U.S. consumers source 81% of their dinners at home and most often enjoy dinner with others. While Gen X prefers dinners that require minimal preparation and few ingredients, Gen Z consumers increasingly invest in special occasion dinners as they hone their kitchen skills, while also seeking no-prep dinner solutions. In fact, half of all dinners are ready in 15 minutes or less...
The Retail Rundown: Leaping Towards Labor Day
Labor Day weekend, often viewed as the unofficial end of summer, is just two weeks out. Many families are seizing the opportunity for one last vacation, boosting foodservice spending.
For some students, summer break has already concluded, and back-to-school shopping for essentials like breakfast and lunch items is in full swing. Among retailers, Labor Day is recognized as the final major grilling event of the year, marking the last big push to promote barbecue favorites.
Last week, boneless skinless chicken breasts were featured at $4.43 discounted, 18 cents above...
Hormel Foods Announces Retirement of Deanna Brady, Executive Vice President, Retail, after 28 Years
Hormel Foods Corporation, a Fortune 500 global branded food company, today announces the retirement of Deanna Brady, executive vice president, Retail, at the end of the fiscal year on Oct. 27, 2024. During nearly three decades of distinguished service to Hormel Foods, she successfully led teams across both the foodservice and retail lines of business and served as a key architect of the company's results-driven, high-performing culture.
The company also announces the return of John Ghingo, who will join Hormel...
FSIS to Start H5N1 Beef Monitoring Sampling
On September 16, 2024, the FSIS will be adding H5N1 influenza A monitoring in dairy cows at slaughter to its already robust national surveillance programs for pathogens and chemical contaminants.
FSIS will leverage its existing National Residue Program (NRP) and conduct H5N1 sampling in the muscle samples of dairy cow carcasses already collected for this program. Samples will be tested by FSIS laboratory personnel using polymerase chain reaction (PCR) testing. Carcasses sampled under the NRP are held by establishments pending results of residue testing...
The Retail Rundown: Multiple Factors Fuel Promotions; CPI Update
As we reach mid-August, grocery stores are transitioning their end caps from summer displays to game-day essentials, gearing up for the NFL regular season. At the same time, circulars are packed with barbecue items for the upcoming Labor Day weekend along with back-to-school essentials as some regions are already welcoming students back to class.
This week, seafood continues to dominate, representing about 28% of total protein volume in retail buying opportunities. Pork follows with a 23.4% share, while beef captures...
Vertical Cold Storage Completes Purchase of Dothan Facility
Vertical Cold Storage, a developer and operator of temperature-controlled distribution centers sponsored by real estate investment firm Platform Ventures, finalized the acquisition of the frozen distribution center from Dothan Warehouse Investors in Dothan, Alabama. Terms were not disclosed.
“We are excited to add Dothan to our growing network of temperature-controlled distribution centers and are looking forward to partnering with them as we focus on integrating the business and serving our customers. Dothan is the third operation we’ve added to our network...
Egglife Foods Debuts in Top 12% of Inc. 5000's Fastest-Growing Companies
Egglife Foods has harnessed the power of eggs to become one of the fastest-growing companies in America. Thanks to the success of its debut product - egglife® egg white wraps - Egglife Foods has earned its place in the top 12% of the coveted Inc. 5000 list. The startup makes its Inc. 5000 debut at #563 overall and #22 among food and beverage companies, after growing from $4M to $40M in just four years.
"It's amazing to see how far the power of egg...
Lindsay Goldberg to Acquire a Controlling Interest in Golden State Foods
Golden State Foods, one of the largest diversified suppliers to the foodservice and retail industries, today announced that Lindsay Goldberg, a family and founder-focused private equity firm, has entered into an agreement to acquire a controlling interest in the Company alongside the Wetterau family, who will maintain a significant ownership interest. The acquisition recognizes GSF’s outstanding 75-plus year track record of successful value creation and builds on GSF’s strong momentum. The investment by Lindsay Goldberg will provide the Company with additional resources and capabilities to advance its...
Vital Farms Reports Second Quarter 2024 Financial Results and Raises Fiscal Year 2024 Guidance
Vital Farms, a Certified B Corporation that offers a range of ethically produced foods nationwide, today reported financial results for its second quarter ended June 30, 2024.
Financial highlights for the second quarter ended June 30, 2024, compared to the second quarter ended June 25, 2023, include:
Weis Markets Reports Second Quarter 2024 Results
Weis Markets, Inc. today reported its financial results for the 13-week second quarter and 26-week year-to-date period ended June 29, 2024.
"Our second quarter 2024 results, which were negatively impacted by the Easter holiday shift, are in line with our expectations despite an extremely challenging market environment marked by continuing customer caution," said Weis Markets, Inc. Chairman, President, and CEO Jonathan H. Weis. "During the quarter, we increased our price investments by lowering the prices on 600 high-demand dairy items as...
The Retail Rundown: Unsettled Start to August
August began with a sharp decline in the global market, triggered by weak U.S. economic data and disappointing labor market figures. Traders are also assessing corporate earnings and the Federal Reserve's stance on interest rates amid concerns of a U.S. economic slowdown.
This volatility extended into the commodity markets, causing feeder cattle futures to hit new lows earlier this week. However, U.S. stocks ended higher on Tuesday, breaking a three-day streak of significant losses. While overall market sentiment remains unsettled, the retail landscape is expected to enjoy a more stable environment as...
Publix Reports Second Quarter 2024 Results and Stock Price
Publix’s sales for the three months ended June 29, 2024 were $14.5 billion, a 3.1% increase from $14.1 billion in 2023. The company estimates sales were negatively impacted by 1.1% due to the effect of the Easter holiday being in the first quarter in 2024. In 2023, the effect of the Easter holiday was in the second quarter. Comparable store sales for the three months ended June 29, 2024 increased 1.1%.
Net earnings for the three months ended June 29, 2024 were $972...
USDA, USTR Name New Agricultural Trade Advisors
Agriculture Secretary Tom Vilsack and U.S. Trade Representative Katherine Tai today announced the appointment or reappointment of 55 members to serve on seven agricultural trade advisory committees.
The advisory committee system was created by Congress to ensure that U.S. agricultural stakeholders have input and insight into U.S. trade policy and negotiating objectives. The Agricultural Policy Advisory Committee is comprised of senior representatives from across the U.S. agricultural community who advise the U.S. Department of Agriculture and the Office of the U.S. Trade Representative on overall trade policy matters, while members of the six...
At Least 6 Fire Companies Respond to Ruth Farms Fire in Harrod, OH
At least six fire companies responded to a pair of buildings ablaze on Ruth Farms in Harrod, Ohio Tuesday afternoon, July 30.
Three of the chicken farm’s employees have been treated for injuries at a nearby hospital, but no information has been made available on how many birds were affected.
The Harrod Auglaize Township Fire Department were not available to comment, but thanked all the crews that came out to assist with the fire on their Facebook page later Tuesday evening...
The Retail Rundown: Summer and Back-to-School Fuel Deli Demand
As August approaches, consumers are eager to savor the last weeks of the summer season. With Labor Day weekend—the unofficial end of summer—just five weeks away, some retailers have already begun stocking up for the holiday.
In the meantime, back-to-school items, including snacks and sandwich ingredients, are beginning to appear in circulars. The deli counter is currently benefiting from summer activities as day-trippers make meals for picnics and various outings.
Last week, the lunchmeat sector generated nearly $26.8 million in total sales, up...
Firefighters Battle Barn Fire at Hickman Egg Ranch in AZ
A fire broke out early Saturday morning at Hickman Family Egg Ranch in Tonopah, Arizona.
In a joint effort, Arizona Fire and Medical Authority, Harquahala Fire, Avondale Fire and Buckeye Fire worked to fight the blaze that engulfed a 700-foot chicken coop.
According to the 12News report, firefighters were able to contain the flames to that building with minor impingement on the buildings that surrounded the fire.
No human injuries have been reported, but the number of birds affected has not...
Nellie’s Free Range Unveils a New Campaign Aimed at Educating Misinformed Consumers
Nellie's Free Range, the #1 free-range brand in the U.S. and part of the Pete & Gerry’s family, today unveiled its new brand campaign, "Life’s Better Out Here," highlighting the company’s commitment to the highest standards of animal welfare, and educating consumers on the critical differences between cage-free and free-range eggs.
The campaign features children, fueled by Nellie’s eggs, who are permitted to let their bodies (and imaginations) run free outdoors, drawing a parallel to how the brand believes hens should live. The spots...
American Egg Board Names Bill Winkelman Vice President of Industry Affairs & Engagement
Nick Jones Director of International Marketing, Erica Mirth Manager of Content & Design
The American Egg Board (AEB) today announced it has named Bill Winkelman vice president of industry affairs and engagement, Nick Jones director of international marketing and Erica Mirth manager of content and design. These important placements reflect key strategic priorities for the egg industry and the national checkoff organization.
“The success of our industry rests with people, and the American Egg Board is continuing to deepen its bench strength with the experienced...
PODCAST: Agri-Food for Thought Episode 11 - Tech and Weather Events Threaten Supply Chains
Technological and severe weather events have the potential to impact supply chains around the globe. Join Jamie and Simon as they cover the latest developments in the food and agriculture space. Featuring special guest, Heather McGuire Doyle...
Cal-Maine Foods Names Judd Stevens as Vice President, Operations
The Nation's leading producer and distributor of shell egg, Mississippi based Cal-Maine Foods, has named a new Vice President of Operations, Judd Stevens.
Stevens has been with the company for over two decades and most recently led the company's Wharton County Foods, LLC as General Manager. He will assume the role of his predecessor, Tim Thompson, effective July 23.
He has managed several other locations for the company in Texas, Florida and Mississippi as well as having served as President of The Texas Poultry...
The Retail Rundown: Competition for Ad Space Intensifies
As the final full week of July comes to a close, the retail sector is promoting at-home eating during the dog days of summer, a time when protein consumption typically drops due to the heat and fewer major retail buying occasions.
Competition for ad space is heating up, with seafood and pork leading the way, each capturing 25.8% of retail buying opportunities this week. Beef follows with 22.4%, unchanged from the previous week. Chicken has increased to 17.7%, up from 16.4% last week. Eggs account for 4.5%, with most feature activity...
New Breakfast Deal Starting at $4.99 Promises Exceptional Value at Perkins American Food Co.
Perkins American Food Co.™, formerly Perkins Restaurant & Bakery®, is launching America's best value breakfast, with the launch of its new Great American Trio, starting Friday, July 19. Enjoy the 5 Under $5, 6 Under $6, and 7 Under $7, all featuring Perkins famous buttermilk pancakes, crispy Applewood smoked bacon, and perfect eggs prepared your way. The best news? Perkins serves breakfast all day, every day, so you can dig into America's best value breakfast any...
Cracker Barrel Appoints Sarah Moore as New Chief Marketing Officer
Cracker Barrel Old Country Store® is pleased to announce the appointment of Sarah Moore as its Chief Marketing Officer, effective Monday, July 22.
Moore's nearly 20 years of hospitality experience is a perfect match for the strong hospitality focus of Cracker Barrel. Her strategic experience in marketing, brand building, and guest engagement will be strong assets to Cracker Barrel as it evolves, taking what is beloved and differentiated about the brand and building on it.
A longtime fan of Cracker Barrel, she join...
United States' Department of Agriculture Shuffles Leadership
Several key staff appointments and promotions have been made by the United States' Department of Agriculture (USDA) on July 17.
Promotions
Eric Deeble, who was the Deputy Assistant Secretary for the office of Congressional Relations, has been promoted to Deputy Under Secretary for Marketing and Regulatory Programs.
Cindy Long will uphold her position as Deputy Under Secretary for Food and Nutrition Service after serving as Administrator for the Food and Nutrition Service (FNS)
After nearly three years as Senior Advisor for Climate in the Office of the...
The Retail Rundown: Grocers Vie with Foodservice During Peak Travel Season
Summer is usually the peak demand period for foodservice, as warmer weather encourages vacation plans and out-and-about activities. As more consumers embark on trips, spending is typically increased at restaurants and bars.
Data released by the U.S. Census Bureau on Tuesday showed that restaurant business rose 0.3 percent last month, likely supported by the summer travel season. Overall retail sales in June remained unchanged from May, outpacing expectations for a decline. Stock futures climbed following the stronger-than-expected data, sending the Dow Jones Industrial Average to...
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