MarketWatch: Food - July 2008

Content

• CATALYST
• SUMMARY
• INDUSTRY UPDATE
  • News in Brief
• NEW PRODUCTS REVIEW
  • Dips and spreads get a health makeover
  • Soup: top flavors in new products
  • New food launches by category, February - April 2008: candies continue to decline
  • Product claims: new food launches, February - April 2008
• FEATURE ANALYSIS
  • e-retail continues to defy consumer downturn
  • Cost of groceries up 6% since January
  • Sainsbury will find moving beyond recovery mode challenging
  • Spanish retail's long-term prospects outweigh current slump
• INDUSTRY COMMENT
  • Tesco: raising the bar in Asia
  • Carrefour: food sales drive growth, but for how long?
  • Woolworths: online is the future
  • Morrison: robust performance in degenerating conditions
  • Tesco: non-food for thought
  • NEWS
  • Headlines
  • NutraCea Q1 loss broadens to $6.8 million
  • Cadbury to invest GBP30 million in Ghana
  • Tesco not pleased with Guardian's apology
  • Starbucks to launch energy drink
  • Spice Depot names new board member
  • Stakeholder seeks interim order on Dobbies shares issue
  • Organic Alliance to absorb NB Design and Licensing
  • Tofutti Brands Q1 net income up
  • Rosinter annual revenues up 23%
  • Waitrose launches new marketing campaign
  • Bravo! Development selects Trustwave information security suite
  • Campbell appoints new VP of corporate development
  • Del Monte Foods appoints new senior vice president and CMO
  • Mission Foods launches new snack products
  • San Miguel Q1 consolidated revenues up 11%
  • Sysco announces management changes
  • Hardee's launches new burger
  • McDonald's introduces new chicken options
  • Spice Depot appoints president of retail development
  • gategroup appoints new board member
  • Papa John's menu to include whole wheat pizza crusts
  • China Yingxia Q1 net income up
  • Romano's Macaroni Grill to open second Hawaii location
  • Minerva appoints new CEO of Minerva Dawn Farms
  • Organic To Go Q1 net loss up
  • Yum! Brands appoints new board member
  • Santa Fe Holding to open new restaurant in Oklahoma
  • Lifeway Foods Q1 net income down
  • Organic To Go acquires three Seattle quick serve restaurants
  • Uniq appoints new managing director of UK division
  • gategroup appoints new board member
  • Cargill launches new natural sweetener brand
  • Swedish Match announces executive appointments
  • Steak n Shake Company reports $2.8 million Q2 net loss
  • Specialty Foods Group Q1 net sales down
  • Food Technology Service Q1 revenues up 16%
  • Brazil Fast Food's system-wide sales up
  • Sara Lee Foodservice to unveil new product lines
  • American Italian Pasta's Q2 preliminary net revenue up
  • China Marine Food's Q1 revenue increases
  • Del Monte exploring strategic alternatives for StarKist Seafood
  • Cadbury announces management changes
  • Indian FMCG sector hit by high input cost and low sales, says ASSOCHAM
  • European Commission extends inquiry deadline for AB Foods-GBI deal
  • Indian FMCG companies trying to keep prices under check
  • Jack in the Box introduces iced coffee
  • American Lorain's Q1 net revenue up 46%
  • Abbott introduces dark chocolate nutrition bars
  • Campbell Soup's Q3 net sales marginally up
  • Baskin-Robbins introduces new line of soft serve products
  • Chick-fil-A announces menu and packaging enhancements
  • Procter & Gamble to sell Connecticut property
  • Sodexo to acquire majority interest in West Born
  • Nestle selects TLC to operate new distribution center
  • California Pizza Kitchen opens new restaurant in Mexico
  • Cranswick's 2008 revenue up
  • Chick-fil-A to open new restaurant in South Jordan
  • China-Biotics wins one-year contract from Holiland
  • Brinker signs franchise agreement to develop restaurants in Toronto
  • Joe's Crab Shack launches new menu and beverages
  • Emerald Dairy Q1 net income down
  • BJ's Restaurants opens new location in Greenwood, Indiana
  • Pierre's Ice Cream announces four new additions to Hola Fruta! product line
  • Togo's Eateries appoints vice president of development
  • Dunkin' Donuts opens Alabama for franchise sales
  • Imperial Sugar signs sales agency agreement with Gulf Rice Arkansas
  • Salad Creations unveils new menu
  • Uno to open 20 new locations in nine countries
  • Red Robin Gourmet Burgers Q1 revenue up
  • Kayem agrees to buy four Tyson meat brands
  • Danone opens new milk production facility in Turkey
  • Subway opens 400 new outlets
  • AarhusKarlshamn's Q1 net sales increase
  • Aldi to build distribution center in Denton
  • Reed's Q1 net loss widens
  • United Natural Foods Q3 net sales increase
  • Chick-fil-A to open new restaurant in Marlton
  • Wendy's introduces new line of Frosty Shakes
  • Dunkin' Donuts opens Grand Rapids for franchise sales
  • Denny's appoints new board members
  • Dean Foods begins development of anaerobic digester
  • Tyson Foods names new executive vice president and general counsel
  • Glacier Fish to acquire Alaska Ocean Seafood
  • Starbucks to acquire assets from Coffee Vision in Canada
  • MM2's Q3 net income up
  • Procter & Gamble announces management changes
  • Fisher to introduce new salad toppings
  • Great Wolf Resorts partners with Dreyer's
  • Garrett Popcorn Shops to close flagship store in Chicago
  • Arla increases standard liter price for dairy farmers
  • Danone to reportedly call-off Wahaha partnership
  • ASA criticizes Asda over breaching rules
  • Tesco signs Stobart to transport goods on train
  • Rudi's Organic Bakery introduces new line of bagels
  • West Coast agrees to sell Dobbies stake to Tesco
  • Flowers Foods Q1 sales up 11%
  • CRO opens two new restaurants in UAE
  • Organic Alliance in talks with restaurant operator to supply avocados
  • Hormel Foods Q2 net earnings up 14%
  • Sanderson Farms Q2 net income down
  • Flowers Foods announces management changes
  • Kraft Foods introduces new snack
  • NutraCea receives USDA approval to use stabilized rice bran as enhancer
  • Ruth's Chris Steak House to change corporate name
  • Cargill executive calls for increased free trade in agriculture
  • McDonald's will absorb rising costs to promote customer loyalty, says CEO
  • Barry Callebaut increases production in China
  • Lidl plans to build more shops in Bath
  • Smashburger appoints new president
  • Nascent Foodservice Q1 net sales up
  • Famous Uncle Al's Hot Dogs & Grille opens new restaurant
  • Arla Foods to close Manchester dairy
  • Co-op in talks with rival chains to sell Somerfield stores
  • Wahaha to end JV with Danone
  • Nestle Lanka returns condensed milk plant to MILCO
  • Jamaican fast food restaurants hit by inflation
  • Del Monte Pacific faces $100 million lawsuit
  • Raw material prices likely to stabilize, says Nestle CEO
  • Pacific Restaurant appoints new CFO
  • Sudwerk Riverside Restaurant and Brewhouse opens new outlet
  • Burger King announces management changes
  • Corner Bakery Cafe signs franchise agreement with Resolute Bakeries
  • Papa John's introduces new pizza
  • Blackstone Group and Wellspring Capital Management acquire PFG
  • Creta Farms USA to introduce new line of deli meats
  • Kool-Aid to introduce new and reformulated products
  • International Food Products retains WallStreet Direct for advertising campaign
  • Heinz plans to cut greenhouse gas emissions by 20%
  • Greencore's H1 revenue marginally up
  • Cadbury Adams launches Trident Xtra Care gum
  • Hershey likely to enter into partnership with Nestle or others
  • Vicorp Restaurants names new CEO
  • Indian FMCG firms post faster growth during high inflation periods, says ETIG
  • Tesco in talks with prospective partners for JV in India
  • Monterey Gourmet expands distribution of Sonoma Jack Cheese products
  • YoCream International H1 net income up
  • Industrias Bachoco commences construction of new farms
  • Canyon Creek announces extension of retail contract
  • AFC Enterprises Q1 revenue up
  • Sara Lee appoints EVP, general counsel and corporate secretary
  • Yogen Fruz to open new location in San Francisco
  • Reed's to expand into Singapore
  • CBRL Group Q3 income down
  • Kashi creates new pocket bread sandwiches
  • LaSalle Brands announces national franchise program
  • KFC adds new fried chicken flavor to menu
  • Einstein Noah Restaurant and Twins S&Z sign franchise development agreement
  • G Willi-Food's Q1 revenue up 49%
  • WGO and Danone launch global campaign to improve digestive health
  • Otsuka to acquire 49% stake in Alma for $1.15 billion
  • Kraft Foods spends $960,000 to lobby US government
  • Asda's new investment plan to generate 150 jobs
  • Strauss Group's Q1 sales up
  • Ruby Tuesday appoints vice president of finance
  • Starbucks opens first store in Argentina
  • Dean Foods board member resigns
  • Baldor Specialty Foods relocates headquarter
  • Fresh Enterprises appoints directors of franchise development
  • HJ Heinz 2008 sales up 12%
  • Morrisons to introduce own-label fresh milk
  • HJ Heinz likely to make acquisitions in Australia and New Zealand
  • Fonterra signs contract to supply milk powder in China
  • Bridgford Foods Q2 net loss up
  • ET Horn to market two rice-based organic ingredients
  • Itoham Foods enters into business alliance with Ajinomoto
  • Glory Foods retains Engauge as agency of record
  • Cadbury India and TNAU to promote R&D in cocoa cultivation
  • Associated British Foods to merge Jordans and Ryvita businesses
  • Organic Prairie and Dakota Beef enter into partnership
  • California Pizza Kitchen opens new restaurant in Portland
  • Tyson Foods to withdraw antibiotic-free chicken label
  • Mannatech appoints new vice president and chief information officer
  • Nascent explores strategic options for Palermo Italian Foods and Grupo Sur
  • Organic To Go buys cafes, catering business from Balducci's Food Lover's Market
  • Clearly Canadian Brands Q1 revenues surge
  • Japanese ministry asks four dairy firms to sustain higher butter production
  • Future Group boycotts Cadbury products
  • Lidl restricts purchases of rice in UK stores
  • Sos Cuetara intends to acquire Unilever's olive oil brand
  • The Habit Burger Grill appoints CEO
  • Yum! Brands appoints president of KFC USA
  • Dunkin' Donuts opens Dayton market for franchise sales
  • CBRL Group May comparable store retail sales up
  • SunOpta to construct new soymilk processing and packaging facility
  • CKE Restaurants selects BoardVantage
  • NutraCea introduces new meat enhancer
  • George Weston Foods selects SunGard's risk management solution
  • Dunkin' Donuts opens Chattanooga market for franchise sales
  • Olive Garden introduces new Chicken Milanese
  • Diamond Foods Q3 net sales marginally up
  • Sizzler USA appoints new president and CEO
  • American Italian Pasta expands pasta offerings
  • Campina plans to invest E10 million in Cologne plant
  • Pizza Hut to hike product prices in India
  • HJ Heinz to open manufacturing plant in Florence, employ 350 workers
  • Wichita approves smoking ban
  • BJ's Restaurants appoints new chairman and lead independent director
  • Fatburger opens new restaurant
  • Rise & Dine Restaurants announces management changes
  • gategroup enters into joint venture with Eastern Airways
  • Calavo Growers Q2 net income down
  • McDonald's USA appoints director of nutrition
  • Rachel's Wickedly Delicious Yogurt now available in grocers across US
  • Nascent receives certification for cheese products
  • Ker's WingHouse Bar & Grill launches franchise program
  • Safeway teams up with Warner Bros to launch kids food line
  • Lindt & Sprungli rolls out Excellence Chili bar
  • UFood Restaurant enters into license agreement with Puente-Brancato
  • Famous Dave's selects Periscope as agency of record
  • National Foods and Warrnambool announce interest in Australian dairy firm
  • MOVCA invests INR600 million in Parag Milk Foods
  • Morrisons likely to buy Somerfield stores
  • Unilever appoints Tullo Marshall Warren to manage Lipton Ice Tea account
  • Lean Cuisine introduces new Seafood Selections entrees
  • Dairy farmers' protest leads to milk price increase in Germany
  • Southstream Seafoods appoints Tom Whiteside to sales team
  • Saputo annual net earnings up 21%
  • Maui Wowi Hawaiian signs master franchise agreement with Dubai Enterprises
  • Smithfield Foods Q4 net income down
  • Del Monte Foods Q4 sales up 11%
  • ForeverGreen reports increased sales in Mexico
  • Nortel sets up self-service voice capabilities for Nestle Nespresso
  • Perkins & Marie Callender's Q1 loss widens
  • Kraft Foods recalls Post LiveActive cereal containing nuts
  • Starbucks cuts 100 jobs
  • Del Monte Foods to further hike prices
  • Cagle's reports loss in 2008
  • Penford appoints vice president of corporate development
  • Subway opens new restaurant in California
  • Wimm-Bill-Dann Foods Q1 net income up 31%
  • Seaway Valley begins talks with metro restaurant for possible purchase
  • Nathan's Famous annual net income up 18%
  • Stop & Shop alerts customers to voluntary recall of Post LiveActive cereal
  • Pez Candy to introduce chocolate flavor
  • Herbalife says no lead issue in its products
  • Unilever spends $440,000 to lobby US government
  • Lidl intends to open 1,000 new stores in Germany
  • Italy's antitrust authority levies E2.2 million fine on Parmalat
  • Court orders Nestle India not to use Yo trademark
  • Court orders Nestle India not to use Yo trademark
  • IAWS announces merger with Hiestand
  • South African power crisis costs Nestle $4.72 million, says regional CEO
  • Bimbo forecasts 6% rise in annual profits
  • Consumer products' growth rate likely to decelerate, says Godrej & Boyce's MD
  • CXAC signs marketing agreement to access 4,000 food stores
  • Red Robin Gourmet Burgers to open restaurant in Smyrna
  • Fresh Del Monte acquires banana and pineapple production operations
  • Smithfield Foods announces management changes
  • McDonald's global comparable sales up in May 2008
  • Tyson Foods names new executive vice president and CFO
  • Quiznos introduces 5 Meat Stack
  • BJ's Restaurants opens new location in Louisiana
  • Oscar Mayer teams up with Mario Lopez to introduce new premium beef franks
  • Leiner Health Products signs asset purchase agreement with NBTY
  • Mars Retail Group introduces revamped licensing program
  • Java Solutions introduces new coffee creamer
  • General Mills signs agreement to purchase Humm Foods
  • Nascent to sell Palermo Italian Foods to investor group
  • Big Boy Restaurants removes tomatoes from menu following FDA recall
  • Organic Alliance to open sales and marketing headquarters in Bakersfield
  • Nutrition 21 launches Iceland Health advanced memory formula
  • Kashi introduces new cereal
  • Luby's Q3 total sales down
  • Nestle to introduce second generation version of Ramadan pack
  • ASA orders Nestle not to repeat wholegrain advertisement
  • Salmonella scare forces US restaurants and supermarkets to withdraw tomatoes
  • Lifeway Foods switches to 100% certified hormone free milk
  • Zhongpin engages new independent auditor
  • Sodexo Canada to collaborate with chef Michael Smith
  • Yogen Fruz enters into master franchise agreement with YF Atlantic
  • LongHorn Steakhouse selects Grey New York as advertising agency of record
  • Red Robin Gourmet Burgers to open new restaurant in Washington
  • Culver's begins offering sliced tomatoes at all restaurants
  • Tyson Foods's director resigns
  • Morinaga to delay construction of new factory
  • Lotte begins construction of confectionery plant in Russia
  • Arla hikes payment to organic co-operative members in Denmark and Sweden
  • Neptune receives letter of intent to purchase Ento-Protein
  • Zoes Kitchen appoints new CFO
  • Starbucks and SSP enter into licensing agreement
  • T-Mobile, AT&T and Starbucks reach deal to resolve disputes
  • McDonald's to expand operations in India
  • Cadbury not to restructure Dunedin plant
  • Nordzucker wants to acquire Danisco Sugar, says chief executive
  • CH James Restaurant acquires four Burger King locations
  • Denny's announces new organizational structure
  • Benihana Q4 net income down
  • Heinz announces management changes
  • Noodles & Company to open new restaurant in North Carolina
  • Boston Market selects RedPrairie's solutions for food service
  • Maui Wowi Hawaiian signs franchise deal with Takween Commercial Investments
  • Unilever France selects Unica and Sogec to manage marketing campaigns
  • Fonterra likely to step up investment in US, says CEO
  • Einstein Noah Restaurant and Aramark sign multi-unit development agreement
  • Perdigao to construct powdered milk processing plant
  • America's Incredible Pizza to open 15th location
  • Nestle to continue investment in Africa
  • Lidl slashes milk prices
  • Danone sells stake in Bright Dairy and Food
  • Monterey Gourmet Foods hires VP of innovation
• COMPANY SPOTLIGHT: TATE & LYLE
  • Tate & Lyle's annual sales up 6%
  • Business Description
  • SWOT Analysis
  • Strengths
  • Weaknesses
  • Opportunities
  • Threats
  • Further reading
  • Editors
  • Ask the analyst
  • Datamonitor consulting
  • Disclaimer
• LIST OF TABLES
  • Table 1: Top claims in new food launches, February - April 2008, compared to same period the year before
  • Table 2: Key Facts
  • Table 3: SWOT Analysis
• LIST OF FIGURES
  • Figure 1: Zukay Live Foods Ketchup - Probiotic
  • Figure 2: Zukay Live Foods Probiotic Salsa Viva - Hot; Mild
  • Figure 3: Crisco Puritan Canola Oil; with Omega-3 DHA
  • Figure 4: Hearts&Minds Peanut Butter with Olive Oil and Omega-3
  • Figure 5: Enjoy Life Boom Choco Boom Bar
  • Figure 6: Nestle KitKat Kit Mail
  • Figure 7: Soup: top flavors in new products
  • Figure 8: Leading global food launches by category, February - April 2007 and 2008