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Industry News
Regency Centers Corporation and Macquarie
CountryWide Trust entered into a definitive agreement
to acquire an interest in 33 retail centers of primarily
Schnucks-anchored shopping centers from The Desco Group.
The transaction is valued at approximately $400 million
and is expected to close in the third quarter. Full
Story
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An affiliate of Argonne Capital Group,
LLC, Sunshine Restaurant Partners LLC, acquired the
restaurant assets, operations and development rights
of IHOP's largest area licensee, FMS Management
Systems, Inc. FMS owned, operated and sub-franchised
148 IHOP restaurants located throughout the state of
Florida as well as in certain counties of Southern Georgia.
Full
Story
Publix Super Markets Inc. recently
began testing several new programs in the Florida
area including: a curbside service for deli
items, an in-store Carrabba's Italian Market, and an
elaborate pilot deli. The company also plans to launch
a meal-assembly concept at sites in Jacksonville and
Lithia, in which customers register for sessions and
prepare meals using ingredients and recipes supplied
by Publix, according to The Lakeland Ledger.
Full Story (Free Registration Required)
Mohamed
Abdulmohsin Al Kharafi & Sons W.L.L. purchased 1.8 million
shares of Krispy Kreme stock, increasing the firm's
stake to 9.1 million shares, or about 14%, of the company,
reported The Business Journal of the Greater Triad
Area. Full
Story
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Made
In Japan Teriyaki Experience plans to open 600 U.S.
restaurants in the next five years and is seeking
franchisees for the concept, reported Kansas City
Business Journal. Full
Story (Free Registration Required)
Z Square Restaurant & Bar
Cambridge signed a lease to open a new store in Massachusetts
and plans further growth of as many as 20 locations
over the next four years, reported Boston Business
Journal. Full
Story (Free Registration Required)
Sonic plans to open 30
locations in the Dayton, OH area over the next five
years, reported Dayton Business Journal. Full
Story (Free Registration Required)
Premium
Brands Income Fund completed the acquisition of Centennial
Foodservice Partnership, a specialty distributor
of high quality "center-of-the-plate" protein products
to the foodservice industry in Canada. Full
Story
Agribusiness firm Syngenta
agreed to acquire Zeraim Gedera Ltd., an Israeli
vegetable seeds company, from Markstone Capital Partners
for $95 million. Full
Story
The availability of healthy restaurant
menu offerings is extremely important to a growing
number of consumers. However, a fairly low ratio of
consumers are truly satisfied with the 37 leading restaurant
chains healthy and nutritious product offerings, according
to Technomic's Nutritrack, a consumer research
study on health and nutrition trends. Full
Story
International Speedway Corporation
(ISC) signed an exclusive ten-year agreement with
Coca-Cola North America (CCNA), making CCNA brands the
"Official Soft Drink," "Official Sparkling Beverage"
and "Official Water" for 10 of ISC's wholly owned and/or
operated motorsports facilities. Full
Story
Produce flavor is an important factor
driving store choice for more than three-quarters
of the 1,000 primary shoppers surveyed by Opinion Dynamics
Corporation for the Produce Marketing Association. Yet,
in stark contrast, 3% of those shoppers report only
middle-of-the-road satisfaction with the taste of the
produce they purchase, and only 25% report they are
very satisfied. Full
Story

Pathmark Stores, Inc. is introducing
Green Mountain Coffee Roasters and Newman's Own Organics
coffee. The coffee will be available in 90 Pathmark
stores in New York, New Jersey, Pennsylvania and Delaware.
Full
Story
Hawaii's
first Whole Foods Market will stock products from
two dozen Hawaii-based companies, including Big
Island Organics, Hawaiian Isle Organics and Hawaii Kai
Gourmet Sea Salts, reported Pacific Business News.
Full
Story
Airline caterer Gate Gourmet is buying
deStar Holding BV of Amsterdam, a large supplier
of cutlery, chinaware and airline amenity kits, reported
The Washington Post. Full
Story
International News
Demand for Chinese goods
remains strong despite safety concerns,
reported Detroit Free Press. China's trade surplus
widened 85.5% from a year ago to $26.9 billion in June,
pushing the total surplus for the first half of the
year to $112.5 billion, according to the country's customs
agency's website. Full
Story
Groupe Danone SA is offering
$16.8 billion for Royal Numico NV. The Dutch baby
food company makes Olvarit, Bambix
and Nutrilon brands, reported The Associated Press.
Full
Story
Japan-based Siam FamilyMart will
close 100 convenience stores this year in Thailand.
The company will focus on strengthening its business
in all major departments such as operations, service
functions and product assortment, reported The Nation.
Full
Story

The European Food Safety
Authority expressed concern about the use of the coloring
E128, also known as Red 2G, which is used in some
sausages and burgers. Its expert panel on food additives
recommended that the dye should no longer be considered
safe for human consumption, reported BBC News.
Full
Story
Health News
Cucurbita
ficifolia, an extract from pumpkins, may improve
blood glucose levels in diabetics, according
to a study in rats by the East China Normal University,
reported NUTRAingredients.com. Full
Story
Washington News
Consumer advocates are raising concerns
about whether federal restrictions meant
to stop the import of tainted Chinese seafood are strong
enough. FDA issued an import alert on June 28 requiring
that five types of farm-raised seafood from China be
tested for banned antibiotics before being allowed into
the U.S. market. The restrictions require that the testing
be conducted by a third party and that importers provide
documentation that their seafood is safe. Certification,
however, can come from a lab in any country, including
China, reported The Washington Post. Full
Story (Free Registration Required)
A
group of 16 dairy farmers filed two nearly identical
lawsuits in federal court alleging Dean Foods Co.
and others in the dairy industry conspired to limit
prices paid to farmers. The farmers claim that Dean
Foods, its processors and cooperative suppliers have
"flooded" the regional wholesale milk market with milk
from other areas of the country limiting the price Southeastern
farmers can get for their milk, according to The
Tennessean. Full
Story
Montana's cattle industry may depend
on negotiations between the federal government and
a ranching couple. Seven cows from the couples ranch
tested positive for brucellosis in May, and as a result
Montana could lose its brucellosis-free status if the
couples herd is not slaughtered by July 17, reported
Detroit Free Press. Full
Story
Farmers
in 36 out of 55 freshman congressional districts would
receive more support from USDA by shifting "direct"
payments to provide more funding for voluntary USDA
conservation programs, according to a study entitled
"Freshman Economics: Subsidy Reform Would Help More
Farmers in Freshman Districts." Full
Story
USDA made its annual adjustments
to the national average payment rates for meals
and supplements served in child care centers, outside-school-hours
care centers, at-risk afterschool care centers, and
adult day care centers; the food service payment rates
for meals and supplements served in day care homes;
and the administrative reimbursement rates for sponsoring
organizations of day care homes, to reflect changes
in the Consumer Price Index. Full
Notice

USDA adjusted the amount
of money the Federal Government will provide States
for lunches, afterschool snacks and breakfasts served
to children participating in the National School Lunch
and School Breakfast Programs. Full
Notice
The public hearing in for the International
Trade Commission's investigation into Canned Peaches,
Pears, and Fruit Mixtures: Conditions of Competition
between U.S. and Principal Foreign Supplier Industries
was canceled. Full
Notice
Market News
Minnesota
corn farmers are concerned that the ongoing drought
that extends from the state's northeast to southwest
could significantly impact this year's harvest. About
58% of the state's cropland was "short" or "very short"
of water by July 6, up from a week earlier, when 44%
of the state's cropland was short of water, reported
StarTribune.com. Full
Story (Free Registration Required)
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Tennessee
Gov. Phil Bredesen requested a federal designation of
natural disaster for agriculture for all 95 counties
in Tennessee, allowing farmers to apply for low-interest
emergency loans to cover losses and plan for next year,
reported Memphis Business Journal. Full
Story (Free Registration Required)
U.S. Trade Representative Susan Schwab
asked the World Trade Organization to investigate
whether the EU's banana import system, which imposes
a heavy tariff on Latin American bananas, violates WTO
rules, reported ThePacker.com. Full
Story (Free Registration Required)
Avocado marketers report plenty of
good-quality fruit available, even though the overall
crop is slightly smaller. California avocado growers
report their crop survived the January freeze better
than they expected. Most of the fruit for sale in California
comes from within the state, while Mexican avocados
are being imported to other states, reported California
Farm Bureau Federation.

Thousands
of tiny 2-week-old lobsters were released into Maine
waters as part of an ongoing effort to keep the
state's lobster populations strong. This is the second
year the Zone C Lobster Hatchery has released young
lobsters in Penobscot Bay waters, reported The Associated
Press. Full
Story
Agricultural Marketing Service increased
the assessment rates for the California Desert Grape
Administrative Committee from $0.0175 to $0.0200
per 18-lbs. lug of grapes handled. Full
Notice
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