Year: 2017

“This is landmark legislation that will boost our nation’s economy more than anything we have seen in decades,” NRF President and CEO Matthew Shay said. “Middle-class taxpayers are the biggest winners, with significantly more take-home pay thanks to tax cuts and vast new employment opportunities because of tax relief that will help large and small businesses alike create new jobs. Consumers finishing up their holiday shopping this weekend can rest assured that there will be more money in their paychecks by the time the bills come due.” …

The Consumer Price Index (CPI) for food is a component of the all-items CPI. The CPI measures the average change over time in the prices paid by urban consumers for a representative market basket of consumer goods and services. While the all-items CPI measures the price changes for all consumer goods and services, including food, the CPI for food measures the changes in the retail prices of food items only. ERS’s monthly update is usually released on the 25th of the month; however, if the 25th falls on a weekend or a holiday, the monthly update will be published on either the 23rd or 24th. …

McLane Company, Inc. announced Susan Adzick has been promoted from vice president of sales and marketing to senior vice president of sales and strategic relationships. Adzick will lead the entire business development and national account functions for McLane Foodservice. …

Amazon has sold $10 million in Whole Foods snacks, canned foods, and frozen fruits and vegetables in the first four months since the brand became available on the retailer's website. …

The Techstars Farm to Fork Accelerator, co-funded by Ecolab and Cargill in partnership with Techstars, launched today. This first-of-its-kind program to be based in the Twin Cities will identify entrepreneurs and start-up companies from around the world who have innovative ideas focused on agriculture, food-related digital technology, food processing and food safety. These companies will be invited to participate in a three-month mentorship-driven accelerator program managed by Ecolab, Cargill and Techstars. …