Posted in, National

Groups Join Forces for Big Convention

The American Meat Institute, Food Marketing Institute (FMI), United Fresh Produce Association and National Association of State Departments of Agriculture (NASDA) are partnering on four shows, to be co-located in Dallas, Texas, on April 30-May 3, with 1,200 exhibitors and 1 million s.f. of the latest food technology and trends on display. The American Meat […]

Posted in, National, Store News

Kroger Analysts at Odds

Standard & Poor’s (S&P) downgraded Kroger Co.’s stock Monday from “hold” to “sell,” citing rising price competition, the Los Angeles Business Journal reports. The move follows an upgrade by Citigroup on Friday, from “neutral” to “buy,” citing higher pharmacy sales and market share gains. S&P lowered its target price from $25 to $21, while Citi […]

Posted in, Equipment & Technology, National

Social Media Redefining Americans’ Relationship With Food

How Americans learn to cook, select recipes, plan their meals, purchase their food and share their culinary secrets with others has dramatically changed, according to a new study. Called “Clicks & Cravings: The Impact of Social Technology on Food Culture,” the study finds social/digital media is replacing Mom as the go-to culinary source of knowledge […]

Posted in, National

AFFI’s Frozen Food Convention Matches Attendance Record

The American Frozen Food Institute (AFFI) 2012 Frozen Food Convention in San Diego, Calif., has matched the convention’s all-time attendance record set two years ago. More than 1,400 members of the frozen food industry gathered at the Manchester Grand Hyatt earlier this week. AFFI-CON delegates gathered to attend educational sessions, network at social events and […]

Posted in, National

Procter & Gamble Cutting 5,700 Jobs

Procter & Gamble (P&G) will cut 5,700 jobs by the end of fiscal 2013 as part of a $10 billion effort to reduce costs. CEO Bob McDonald told analysts today, Feb. 24, at the Consumer Analyst Group of New York conference that the cuts will come from non-manufacturing positions, Cincinnati’s Business Courier reports. The reduction […]