In 2001, Americans spent $1.25 billion on food bars, a 1.32% increase from the previous year. Energy bars' popularity partly is attributed to supermarkets, drug stores, discount stores, health-food stores and gas stations stocking their shelves for consumers in search of nutrition on the go.
The law passed in last year's farm-subsidy bill requires grocers to provide the country of origin for all beef, pork, lamb, fish, produce and peanuts by September 2004. Following strong fights against the bill by the food industry, some members of Congress are considering revoking funding for the initiative before it goes into effect.
Royal Ahold has accepted the resignation of Frank Curci, who was president and CEO of Tops Markets since 2000. Curci, who took responsibility for the $29 million in accounting irregularities at Tops, was supposed to become the second-in-command of Ahold subsidiary, Giant Food this summer.