retail news in context, analysis with attitude

• The Associated Press reports that Yale University’s Rudd Center for Food Policy and Obesity “found that parents often inferred sugar-laden cereals were more nutritious than some alternatives when the packaging touted ‘whole grain,’ ‘organic,’ ‘supports your child's immunity’ and related phrases,” and suggested that “increased regulation is needed from the U.S. Food and Drug Administration to reduce confusion about the nutrition claims.” reports that “growth projections for US wine consumption have slowed amid increasing economic instability – with sales of Australian wine slumping by 12.5% last year.

“Wine consumption in the US increased 2.1% to 303.1 million nine-litre cases in 2010, according to the 2011 Wine Handbook, published by the Beverage Information Group. Sales of domestically-produced wine rose 3% to 229.4m cases, but imports fell marginally to 73.6m cases.”

• The Minneapolis / St. Paul Business Journal reports that Target plans to have a Pret a Manger sandwich shop in its new store opening in downtown Chicago next summer. This is a new move for Target, which previously has had Starbucks and Pizza Hut stores in some of its locations.

The new Target is in the former Carson Pirie Scott building, in Chicago’s famed Loop.

• The Financial Times reports that “food producers are calling on the European Union to abolish sugar quotas as a shortage of the sweetener has led to sharp price rices after reforms in 2009.

“R&R Ice Cream, Europe’s largest private-label producer of ice-cream, says it is struggling to find sugar for next year’s production while Nestlé, the world’s biggest food producer by sales, says there is not enough supply in the region to meet demand.
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