salmon steak on green asparagus

Food Week August 15 – 21, 2022

Welcome to Food Week August 15 – 21, 2022, with a whole mess-o-potamian food stories. A new Girl Scout cookie, cheap chicken wings, boring ketchup, expensive winter veggies, the best airport food and what goes into the price of a banana. Also the best way to cook salmon. Enjoy

MACRO

RETAIL AND CONSUMER

  • Target’s profitability dropped by 90% in the second quarter as it swallows the frog and tries to get inventory right.
  • Among the missteps made by grocery delivery services, the idea that speed is the most important thing may be the most egregious. There is a ‘wow’ factor with quick delivery but quality and price will always be paramount.
  • Scammers impersonate a high end seafood supplier from New York with on line offers, taking consumers and making like miserable for Reaglis Foods
  • Ketchup used to be a many splendored thing. (We’ve linked to a podcast about its relationship to the Roman’s garum.) But now it is Heinz and minor variations therein.
  • Trader Joe’s is the Starbucks of retail: they hired people and gave them better pat and benefits than their industry and hoped to avoid unionization. However, they attract a more educated, self-motivated worker with options. If they want them to stay, they may have to accommodate unions.

RESTAURANTS AND FOODSERVICE

  • There’s new legislation in California to allow sectoral bargaining and minimum standards for workers. Of course the NRA opposes.
  • Are servers actually doing better with inflation?

FOOD SUPPLY CHAIN

  • The Colorado river drought will affect vegetable availability and prices this winter.
  • Investment in alt-proteins, in this case fish, remains robust.
  • How much of price of a banana ($10?) is freight? How much is the container? Do you know what demurrage fees are?
  • As the supply chain slowly unclogs, US imports remain at near-record levels.

FOOD WEEK AUGUST 15 LAGNIAPPE

  • This years new Girl Scout cookie is Raspberry Rally. The do line extensions better than a a lot of billion dollar multi-nationals.
  • The best way to cook Salmon reviewed. I was surprised by the winner...
  • The Japanese government missing those sweet, sweet alcohol taxes, Trying to get young people to drink more.

One comment

  1. […] and we were very excited to get a reservation. It is often found at the top of lists naming the best restaurants in the world. Dabiz Munoz opened the restaurant in 2007 and, at 33 years old, became the second-youngest person […]

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