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Kroger Opens Food 4 Less Unit in Urban Chicago (Progressive Grocer)
Food 4 Less cut the ribbon on its newest store, a 58,0000-square-foot unit in Chicago's Austin neighborhood, signaling what store officials and local leaders hope will jump-start the area's economic revitalization.

Ethanol vs. food debate growing (Chicago Tribune)
Corn for fuel leaves less to fill stomachs Before milk prices started spiraling, before gas prices passed $3.50 and before food riots broke out in several countries, ethanol was the darling of energy alternatives. It gave jobs to rural communities and offered an alternative to foreign oil.

Food inflation hits families hard - Congress (CNN Money)
A joint committee of Congress on Thursday started scrutinizing the impact of rising food costs on middle-class families already stung by rising gas prices.

Day 4 of Cheap Eats: Wilson, Durham, Cary (WRAL.com Raleigh)
In day four of Cheap Eats, WRAL Reporter Kim Dean found everything from fish to jerk chicken. Her goal is to get a meal, plus drink and tax, for less than $10 – no fast food allowed.

Food 4 Less to Open Supermarket in Austin Neighborhood (PR Newswire via Yahoo! Finance)
Food 4 Less, the nation's leading price-impact supermarket chain, continues to make good on its promise to bring jobs, charitable giving and the finest in service, quality, variety and every day low prices to Chicago.

Grocery pain looks short-lived as food prices moderate long-term (Market Watch)
Inflation in retail food prices will gradually moderate over the next several years, the Agriculture Department̢۪s chief economist told lawmakers Thursday, while grain and oilseed prices could remain high.

Tim Hortons Net Income Rises Less Than Estimates (Update1) (Bloomberg.com)
April 30 (Bloomberg) -- Tim Hortons Inc., Canada's biggest coffee-and-doughnut chain, reported first-quarter profit that rose less than analysts estimated.

Fixes for the Food Fight (Washington Post)
The world is not food secure. An overextended global food system operating in an increasingly resource-constrained world with little or no cushion to cope with catastrophe is now at the brink of break down due to soaring global food prices. In the United States and internationally, our response must be immediate and enduring, requiring swift action this week by Congress, the World Bank, the ...

U.S. Consumer Spending Increased 0.4 Percent in March (Update1) (Bloomberg.com)
May 1 (Bloomberg) -- U.S. consumer spending rose in March, reflecting an increase in prices that is eroding Americans' buying power. The greater-than-forecast 0.4 percent rise in spending followed a 0.1 percent increase the prior month, the Commerce Department said today in Washington.

UN: Biofuel Production 'Criminal Path' to Global Food Crisis (Environmental News Network)
GENEVA, Switzerland - The United States and the European Union have taken a "criminal path" by contributing to an explosive rise in global food prices through using food crops to produce biofuels, the United Nations special rapporteur on the right to food said today. At a press conference in Geneva, Jean Ziegler of Switzerland said that fuel policies pursued by the U.S. and the EU were one of ...

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