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One Month In: 2010 It Is What It Is
January 30, 2010
Health Care Reform Hopes "On Life Support" Democrats Increasingly Gloomy Over Prospects of Legislation Reaching Obama's Desk this Year | www.cbsnews.com
So here we are yet again, it is a new year, “Joe the Plumber” has been forgotten, unemployment hovers at 10%, Toyota has rocked the world with an unprecedented massive safety recall, industry has stalled adding jobs or unfreezing wages and the rippling affect has wary consumers still afraid to spend.
Recalls, The Economic Tsunami For Food Companies
January 23, 2009
Kellogg's recalls more peanut butter products | hosted.ap.org
undefinedundefinedundefined undefined The recent press of the staggering laundry list of companies and products associated with the PCA (Peanut Corporation of America) peanut butter recall is unconscionable. While these companies are pulling products from inventory and clerks are clearing store shelves, the reality is these organizations, some of which are major players in the industry have dropped the ball big time.
Eggs With That Side Order of Melamine?
November 17, 2008
FDA detains Chinese products for testing | www.iht.com
An already over-burdened FDA announced this past week of planned detentions on Chinese sourced food products. Although a little late to react, the move by the FDA is both gutsy and probably futile as the agency is ill-equipped to act swiftly due to lack of manpower on the ground and the testing protocol for a good statistical sampling plan is cumbersome. Not to mention the staggering number of imported food products from China entering the country daily will be difficult for the FDA to manage through with this blanket approach. The suspected adulterated products affected are expanding beyond dairy items. Good-bye to timelines for supplychain commitments for organizations waiting on these goods as they muddle through this detention hiccup with an already glum holiday retail season predicted around the corner. Yet, this is not the crux of the melamine adulteration problem it is a much deeper issue gripping the food industry.
Franchise Dreams Often Equate to Bleak Returns
June 30, 2008
Cold Stone franchisees feel chill | articles.moneycentral.msn.com
The recent addition of Stone Cold Creamery joining the long list of unhappy franchise owners heading toward bankruptcy is an all too familiar story. One does not have to look far to see other examples of pricey premium product franchisees falling prey to floundering sales and ever-rising costs driving owners to seek protection or fighting back. One such example is the trendy sandwich maker Quiznos which underwent similar growing pains.
Consumer Response to Foodborne Outbreaks Has Long-term Impact
June 26, 2008
Eat That Tomato! | www.forbes.com
The recent tomato salmonella outbreak may not have had the blow to those states approved on the Food and Drug Administration’s (FDA) listing, but the bullet that whizzed by leaves a “shockwave” effect for consumers. The negative impact to the food industry for mop up and damage control will ultimately be another unhappy result with lost seasonal produce sales.
Menu "Right-Sizing" or Cost Control Survival?
June 23, 2008
Casual chains pressed to cut portions, prices | www.nrn.com
Skyrocketing food costs have forced the hand of casual dining retailers to find innovative ways to control costs. Afraid their patrons would balk at the lessened plate servings, chains have tapped into their marketing resources to spin this trend into a move toward healthier dining through ‘portioning”. These retailers have platformed portioning as an almost noble consumer driven direction in dining. Is it really or can it be just plain survival in a tough economic bubble.
Tomatoes Return To Menu But Are They Safe?
June 19, 2008
Tomato Contamination Cases Are Being Reported Daily, U.S. Says | www.bloomberg.com
As the U. S. Food and Drug Administration works diligently to release tomatoes for consumption the antiquated produce industry lacks the controls to ensure that traceability of its' products is foolproof to prevent further outbreaks. In an industry that has been hammered over the last several years for foodborne outbreaks as with e Coli H:0157 in spinach, as well as other pathogenic outbreaks in lettuce, melons and green onions to name a few, the producers and distributors have been slow to put in place the programs to monitor traceback. Understandably, there are hurdles in the fresh produce industry with commingling of multiple sources from fields and farms, further complicated with processors or distributors mixing still more product sources, however traceability is still doable. In the $2.7 billion tomato industry which is now at risk I imagine someone will take notice that the industry needs revamping to track sources.
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January 26, 2012
Only 3% of the affluent are "under water" with their home mortgage
December 27, 2011
Affluent consumers head online to shop
December 27, 2011
Holiday spending by affluent may be a pleasant surprise for retailers
December 27, 2011
The future of sourcing in Asia
December 16, 2011