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WINSTON-SALEM, N.C. - Krispy Kreme Doughnuts Inc. today cut its earnings forecast by 10 percent in its first profit warning since going public four years ago, citing the popularity of low-carbohydrate diets as a negative factor.

ROCHESTER, N.Y. - Birds Eye Foods, Inc., the nation's leader in manufacturing and marketing frozen vegetables and a major processor of other food products, said it intends to implement across-the-board price increases on all product categories, including store brands, effective June 28, 2004. The increases are expected to be in the range of 5 percent to 7 percent.

CHICAGO - Starbucks Corp. is considering a distribution deal with Northfield, Ill.-based Kraft Foods, Inc., under which the latter company would distribute Seattle's Best Coffee to grocery stores nationwide, Reuters reports.

LARGO, Fla.- Breakthrough Engineered Nutrition, a wholly owned subsidiary of Innovative Companies, Inc., announced today that it has launched CarbSlim Bites with Boise, Idaho-based Albertsons, the second-largest food-drug retailer in the United States, with about 2,300 stores in 31 states.

CHICAGO - If consumers in financial straits have to choose between buying gasoline or groceries, gasoline often wins out, a Food Marketing Institute study has found.

The paper goods aisle absorbs consumers with innovation, catchy graphics, and new products, despite competition from other classes, and a pending price hike.

Following a successful pilot, United Supermarkets rolls ahead with a knowledge-based computer-automated ordering system.

The IGA Global Summit offers an invaluable opportunity to gain important business insights, without ever shortchanging the human dimension.