Lipari Foods, a leading Midwest food distributor based in Warren, Michigan, has reached an agreement in principle to acquire the specialty and gourmet business of Leo A. Dick & Sons Co. of Canton, Ohio. The acquisition will strengthen Lipari’s existing specialty grocery product portfolio which includes a broad range of natural, organic and gluten-free foods.…
DetailsTrends identify how a shift toward more life-centric technology will be realized in the coming year Interbrand and Ready Set Rocket announced seven technology trends that forward-looking brands can take advantage of in 2016. “Technology’s tremendous evolution provides us with a unique opportunity to re-imagine the traditional work/life/family/leisure structures of our lives,” said Aaron Harvey,…
DetailsView Product Photos BlendTechInc of Wichita, KS, is voluntarily recalling one lot of Uncle Buck’s Fish Batter Mix – Original due to the presence of an undeclared milk ingredient. People who have an allergy or severe sensitivity to milk run the risk of serious or life-threatening allergic reaction if they consume these products. The recalled…
DetailsNearly 90% of the respondents to a Wells Fargo Securities LLC survey of tobacco retailer and wholesale trade contacts, representing more than 10,000 U.S. convenience stores, say the recent major tobacco price increases have generated incremental per-pack revenue which, given the mid-June timing, should provide a small pricing benefit in the second quarter with a…
DetailsOn Friday, July 13, parties in the Payment Card Interchange Fee and Merchant Discount Fee Litigation case filed a proposed settlement agreement valued at approximately $7.25 billion. The proposed settlement agreement includes $6.05 billion in damages in addition to an estimated $1.2 billion from a temporary, eight month, 10 basis point cut in credit card…
DetailsCigarette makers, including Altria Group Inc.’s Philip Morris USA unit, lost a bid to end court monitoring of the industry’s marketing practices stemming from the government’s 13-year-old racketeering lawsuit, reported Bloomberg. An U.S. Appeals Court in Washington upheld a lower court decision that oversight of the companies resulting from the federal government lawsuit is necessary…
DetailsEarlier this month, the Food and Drug Law Institute published a paper by FMI’s regulatory counsel Erik Lieberman on menu labeling and how FDA exceeded its authority by regulating supermarkets. The paper is published in the peer-reviewed FDLI Policy Forum series. The paper will be an effective resource to share with policymakers to highlight FMI’s…
DetailsNew federal menu labeling regulations that pose an unreasonable burden on many businesses, particularly convenience stores, could be replaced with more targeted rules under legislation introduced last week by U.S. Representative John Carter (R-Texas). Carter was joined by Rep. Henry Cuellar (D-Texas) and Rep. Ruben Hinojosa (D-Texas) as he introduced the Common Sense Nutrition Disclosure…
DetailsThe Merchants Payments Coalition, a group of retailers, supermarkets, drug stores, convenience stores, fuel stations, online merchants, and other businesses, released a statement criticizing the U.S. Federal Reserve for “making merchants pay for fraud prevention even if banks don’t prevent fraud.” Although the Fed found that merchants bear 41% of signature debit fraud losses and…
DetailsThe National Grocers Association (NGA) and the Food Marketing Institute (FMI) have joined several other associations and supply-chain companies in opposing new restrictions on truck drivers set to take effect next year. The Federal Motor Carrier Safety Administration issued a new rule last year that reduces the number of hours a truck driver can work…
Details