Food Business News - December 20, 2011 - (Page 11)

NPD Group: Restaurant traffic flat in 2011 said Bonnie Riggs, NPD restaurant analyst. “However, it is evident that the new product offerings, innovation and marketing support most evident in the fast casual segment, fastfood hamburger, coffee/ donut/bagel categories, and convenience store food service were successful in giving consumers a reason to visit more.” Restaurant traffic was up 0.2% for the quarter that ended in March and down 0.4% for the second and third calendar quarters. Quick-service restaurants helped contribute to slight gains in the first quarter and flat visits in the second and third quarters. While consumer traffic was light, consumer spending increased modestly due to check growth. NPD predicted the fourth quarter of 2011 also will be flat for traffic, and 2012 will begin flat but end with traffic up 1%. “Even with traffic stagnant for most of the year, there were still 61 billion visits made to U.S. restaurants for the year ending September,” Ms. Riggs said. “Next year the outlook is brighter. The fact is the industry is and will remain an important contributor to the U.S. economy.” In its monthly Restaurant Performance Index, the National Restaurant Association, Washington, said the index was flat in October when it registered 100. For September the R.P.I. was 100.1. The steady R.P.I. level was the result of softer sales and customer traffic being offset by a more optimistic outlook among restaurant operators, according to the N.R.A. “Although sales results were somewhat softer in October, restaurant operators reported net positive same-store sales for the fifth consecutive month,” said Hudson Riehle, senior vice-president of the research and knowledge group for the N.R.A. “In addition, each of the four CHICAGO — Restaurant traffic was flat R ffi during the first three calendar quarters of 2011 as the result of continuing high unemployment and low consumer confidence, according to The NPD Group. “Consumers held tight to their food service dollars this year, even the deals that helped drive traffic over the past few years weren’t as effective this year,” Boost Your Ingredient Buys in 30 Minutes January 18 @ 12PM CENTRAL FREE WEBINAR SIGN UP NOW Eager to discover the best time to buy sugar, flour and oil? Then register for International Food Products’ free Jan. 18 lunchtime webinar on “How to Use Commodity Charts to Smarten Your Buys.” Tune in for 30 minutes to get the inside scoop on how Chief Economist Stephen S. Nicholson analyzes commodity charts so that International Food Products can make the smartest sugar, flour and oil buys for its customers. December 20, 2011 FOODBUSINESS NEWS ® 11!/IntlFood

Table of Contents for the Digital Edition of Food Business News - December 20, 2011

Food Business News - December 20, 2011
Government to decide on B.P.A. ban by March 31
Dairy Business News - Higher prices lead to sluggish fresh milk sales
Commodity, ingredient prices trending lower at year end
Editorial - Food revolution in wake of food truck growth
Food companies alleging egg price fixing from 1999 to 2008
Nestle details progress made on nutrition front
NPD Group: Restaurant traffic flat in 2011
Yum! raises guidance on global strength
Coca-Cola forms partnerships to develop 100% plant-based bottles
Lempert sees economizing as key trend in 2012
Blount buys Cape Cod Chowder Co.
Falconhead Capital acquires Rita’s Water Ice Franchise
Better margins seen in 2012
Sara Lee to buy Dutch cafe store operator
Sara Lee to base North American Meats in Chicago
Clearer picture of local food
Smithfield Foods income falls 16% in second quarter
Earnings filing delay for Diamond Foods
Health and Wellness - Researchers shed light on probiotics benefits
Ingredient Innovations - Oils factor into french fry innovation
Dairy Business News - Dairy Ingredients Symposium to be held in March
Dairy Business News - Cultures increase cottage cheese yield
Dairy Business News - WhiteWave moves ahead on sustainability initiatives
Dairy Business News - Steve Millard to lead Emmi Roth USA
Dairy Business News - October nonfat dry milk output down 12% from year ago
New Product Trends - Local foods, children's nutrition top N.R.A. trends
New Product Trends - Niman Ranch introduces all-natural beef entrees
New Product Trends - Pamela’s Products launches Whenever Bars
New Product Trends - Mission Foods adds Artisan Style Tortillas
New Product Trends - Sunsweet launches Plum Amazins
Food Ingredients Europe
Ingredient Market Trends
Ingredient Markets
Supplier Innovations and News - Cocoa production method wins Fi Europe honor
Supplier Innovations and News - System reduces acrylamide level in coffee
Supplier Innovations and News - Kalsec introduces specialty flavors
Supplier Innovations and News - Vitiva launches Sweet’nVit stevia brand
Supplier Innovations and News - Spicetec hires technical services specialist
Supplier Innovations and News - Ingredient adds shelf life, works in flavor system
Ad Index
Food Business in the News

Food Business News - December 20, 2011