Welcome to Food Week September 25. Questions, questions. Will financial markets bounce back after the government shutdown is averted? Is the US on the road to being a net food importer? Is Florida orange juice in trouble? Can bacteria save us from the plastics? Is Target’s ‘urban crime’ crutch for poor performance real? All this and more. Enjoy!
- Pointless government shutdown averted; Congressional clown show just warming up.
- The world produces 380 million tons of plastic waste a year. Only 9% make sitit into recycling. So yes, plastic eating bacteria is something worth encouraging
- Target closing stores in metro areas attributing crime. But are they really ? They are citing shrink numbers But shrink in general is only up slightly. Costco, others say it’s not a problem. And target is opening stores in the same metros. Hmmm.
RETAIL AND CONSUMER
- Coca Cola’s Fairlife label has a dubious supplier, according to humane care groups.
- Apparently tinned fish is all the rage.
- Once valued at $3.5 billion, Blue Apron sells after market cap falls to just $35 million.
- Florida’s orange juice production lowest in decades. Does climate change mean the end of OJ as a staple?
- Combination of food inflation and the ending of COVID support programs was led to an escalation in food insecurity.
RESTAURANTS AND FOODSERVICE
- Darden Restaurants are a mystery with mid-tier doing well, fine dining struggling and new-acquisition Ruth’s Chris saving the day.
- Do not return your curly fires at this Texas Jack in the Box. They will shoot you.
- AI will soon know your delivery order before you do.
- Subway’s ownership bullies franchisees on last time on their way out of the door.
- Short and snarky profile of the founder of Dunkin Donuts. Apparently not a fan of the chain.
FOOD SUPPLY CHAIN
- A replacement for palm oil. Would be a big win for forests and the environment generally
- Is the US on the way to being a net importer of food?
- Is serving exotic meats like Tiger (or mammoth) the way to establish familiarity with cultivated meat production?
- We never heard of etrog. It’s a hard-to find Calabrian fruit that Rabbis prize for celebrating the Sukkot holiday. That is why the site is called Gastro Obscura.
FOOD WEEK LAGNIAPPE
- The really interesting guy who designed the nutrition label. Unfortunately, he had to die for me to learn about him.
- Information about bitters, which are kind of an MSG for cocktails.
- Home cooking hacks in a clicksticle.
- Martini rules and regs.
- We may be getting our king crab legs from the Caribbean soon.