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Honest Perdue, Honest Giblets?
A second federal class-action lawsuit has been filed against Perdue Farms, accusing the chicken processor of stuffing extra giblets into the cavities of its birds as a way to not only save waste-disposal costs but to make a bit of extra money in the process.
Tesco vs. Wal-Mart
For the headline on its article about the British retail giant Tesco, BusinessWeek chose a hyperbolic quote from a retail consultant who said the chain is "Wal-Mart's worst nightmare."
Food Safety on 'Back Burner'
Given the increase in cases of food-borne illnesses in recent years, you might think that the can-do Obama administration is going to take swift action, adequately funding the Food and Drug Administration and removing it as much as possible from the vicissitudes of politics.
But you'd be wrong. All that might happen, but thanks to the recession and two wars, reforming the FDA will be "on the back burner," the Los Angeles Times reported last week.
Food Trends, Writ Small
Upon perusing Time magazine's Top 10 Food Trends of 2008, Tom Philpott of the environment-news site Grist concludes: "Don't read top 10 trend lists of deep thinking or rigorous research."
Cheap Wine Chic
Oenophiles aren't drinking less wine, at least not yet, and in fact many of them are drinking more. But they're spending far less for it.
Peltz Pressures Dr Pepper
Nelson Peltz, the activist investor whose hectoring of management often leads to big changes, nearly tripled his stake in Dr Pepper Snapple last week, and the hectoring commenced: Dr Pepper, he said, needs to sell off its bottling division and concentrate on its brands.
Drunk, But Not Wired
Good business is all about feeding demand. And MillerCoors, a joint venture between SABMiller and Molson Coors, apparently saw a big thirst among testosterone-addled young men for a drink which mixed alcohol and caffeine—sort of a speedball for the sweatshirt-and-shorts set. They called their product Sparks Red. Since most of them probably don't go to a lot frat parties, they either didn't think about, or didn't care about, the inherent dangers or the inevitable obnoxiousness that would result.
FDA OKs Stevia
It's hard to know whether Coca-Cola's decision this week to roll out products made with a natural sweetener derived from the stevia plant was based on some inside knowledge that the Food and Drug Administration was about to approve stevia or whether the FDA was prompted by Coke's action.
Vilsack: Slow Change We Can Believe In
In announcing his choice of Tom Vilsack as Secretary of Agriculture on Wednesday, President-elect Obama talked about how the Department of Agriculture is "designed to serve not big agribusiness or Washington influence-peddlers, but family farmers and the American people." In his own remarks, Vilsack said much the same.
But the people who have been hoping for radical change in America's food policy will be disappointed, because Vilsack, the former governor of Iowa, is all about industrial agriculture, subsidies, and ethanol.
Sweet Talk
The Food and Drug Administration hasn't said when it might issue an opinion on a sweetener derived from stevia, a South American plant.
The FDA will act "soon," says ABC News. "The FDA said it doesn't have a specific date for completion of the review," says the Wall Street Journal.
A Little Lye With Your Kung Pao?
Relax, Chinese consumers: The government's got your back. In its crackdown on food producers that add nasty substances to their products, China has expanded its ban list.
No longer may boric acid be used to make noodles and meatballs more elastic. Now forbidden is the practice of soaking seafood with formaldehyde and lye to make it look more delicious. Restaurants must henceforth cease and desist from adding an addictive, poppy-derived, opium-like painkiller to "hot pot," a meat, vegetable, and tofu dish that's usually cooked at the table. Bummer.
Krispy Kreme's Dough Shortage
In a current full-page magazine ad for CIT Group, outgoing Dunkin' Brands Chairman and CEO Jon Luther is quoted as saying that the company's recent successes are thanks in part to his realization that Dunkin' Donuts had been "a coffee shop disguised as a doughnut shop."
Kitchen Cabinet Buzz
Riffing off the ideas put forth by journalist Michael Pollan, columnist Nicholas Kristof proposes that Barack Obama change the title of the agriculture secretary to "secretary of food."
A century ago, more than a third of Americans worked in farming, Kristof notes. But now that figure is less than 2 percent. "In contrast, 100 percent of Americans eat."
Whopper Tastelessness
Nothing says "Ugly American" quite like the average fast-food advertisement. For the most part, such ads, which extol the benefits of cramming the maximum possible amount of horrible food into one's gullet (often with the explicit message that doing so is somehow manly), are aimed squarely at American mouth-breathers in baseball caps. Their harm is stateside, mostly.
Whole Foods Squeezes Small Grocer
Whole Foods has a pretty good case against the Federal Trade Commission's campaign to thwart the company's 16-month-old merger with Wild Oats. So the company's insistence on obtaining highly sensitive business information from a local grocery chain in Portland, Ore., is a bit unseemly.
Whole Foods' Secret Weapon: Failure
Whole Foods CEO John Mackey on Tuesday unsheathed his most powerful weapon in the company's battle with the Federal Trade Commission: his own business failures.
How, he wants to know, can the FTC continue to argue that Whole Foods' merger with Wild Oats is anticompetitive when the company is being crushed in the marketplace 16 months after the merger was completed?
InBev Ax Falls on U.S.
As of 2 p.m. EST, the Web site of the St. Louis Post Dispatch was working only intermittently at best. Could this be due to the breaking news that Anheuser Busch-InBev plans to cut 1,400 U.S. jobs, about 6 percent of its work force?
Supersized Sales
As the recession deepens, McDonald's is proving to be a modern-day version of the bread line.
The company's Dollar Menu is drawing in more customers every month. In November, global sales rose 7.7 percent, and same-store sales in the United States were up 4.5 percent, even as the restaurant business is suffering one of its worst-ever downturns.
Coke and China Need Each Other
Buying China Huiyuan, China's No. 1 maker of fruit juices, is a no-brainer for Coca-Cola, which wants to significantly boost its presence in the growing Chinese drinks market. As the Chinese, like most people, shift away from carbonated soft drinks, the best way to hold onto them is to sell them juice and water.
Mickey Mouse Research
To their credit, most major news organizations ignored a study out of Sweden last week linking Alzheimer's disease to "fast food."
Smokin' Brews
Labels on wine, beer, and liquor can be fascinating, but you might not know how fascinating—and often hilarious—they can be unless you read Bevlog, a blog operated by the Lehrman Beverage Law firm, which helps its clients comply with state, federal, and international regulations.
Pilgrim's Chicken Fat
Pure economics may be the proximate reason for Pilgrim's Pride's bankruptcy, announced Monday. Costs are way up; retail prices are way down. But Footnoted.org's Michelle Leder, who spends her days digging through financial filings, says that the company's eyebrow-raising, self-dealing transactions over the years also deserve scrutiny.
Tyson Chokes the Chicken Market
Pilgrim's Pride, the worst-off producer in a horrific poultry market, has filed for Chapter 11 bankruptcy.
Did rival Tyson Foods purposely push Pilgrim's over the precipice? Quite possibly.
Tyson is the No. 2 chicken producer, behind Pilgrim's. Unlike Pilgrim's, however, Tyson also does huge business in other meats. It is the country's largest beef packer and is No. 2 in pork. And it's earning decent profits in both markets.
