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General News
USDA Restricts PACA Violators in Florida, Texas and Washington from Operating in the Produce Industry
USDA/AMS Press Release: Release No.: 196-14 Contact: Nadine Wilkins, (202) 720-8998, nadine.wilkins@ams.usda.gov WASHINGTON, Aug. 26, 2014 – The U.S. Department...
The Fine Print
The Uniform Commercial Code (UCC) has, with a few exceptions, been adopted by all of the states. First published in...
Fresh & Plentiful
New Jersey’s heritage is all about fresh produce. For starters, it’s called the Garden State, but how has this heritage...
The Fresh Market, Inc. Reports Second Quarter Fiscal 2014 Earnings
Gross profit increased 18.5%, or $22.4 million, to $143.7 million in the second quarter of fiscal 2014, compared to the...
Golden Enterprises Announces Year End Results
Net sales decreased by 1.0% in fiscal year 2014 and increased by 1.0% in fiscal year 2013. Cost of sales...
Hormel Foods Reports Record Third Quarter Results
The company reported record fiscal 2014 third quarter net earnings of $138.0 million, up 21 percent from net earnings of...
Target Reports Second Quarter 2014 Earnings
Target Corporation reported second quarter Adjusted earnings per share1 of $0.78, a decrease of 20.6 percent from $0.98 per share...
The Pesticide Data Program
Consumers want to be assured the produce they feed their families is safe. To address these concerns, the Pesticide Data...
Dollar General Makes Proposal to Acquire Family Dollar for $78.50 Per Share
Dollar General announced it has made a proposal to acquire Family Dollar Stores, Inc. (NYSE: FDO) for $78.50 per share...
Chiquita Board of Directors Determines That $13.00 Per Share Offer From Cutrale Group and Safra Group is Not in the Best Interests of Chiquita and Its Shareholders
Chiquita Reaffirms Recommendation to Shareholders to Combine with Fyffes
USDA Restricts PACA Violators in Florida and New Jersey from Operating in the Produce Industry
USDA/AMS Press Release: The U.S. Department of Agriculture (USDA) has imposed sanctions on two produce businesses for failure to pay...
Grape Rush
As one of the world’s premier growing regions, California’s dynamic grape industry continues to thrive—and we give you the lowdown on...
Wal-Mart Stores, Inc. Reports Financial Results for the Second Quarter 2014
Consolidated operating income was $6.7 billion, a decrease of 0.5 percent. Walmart International grew operating income 8.0 percent, more than...
SpartanNash Announces Second Quarter Fiscal Year 2014 Financial Results
Consolidated net sales for second quarter increased 178.0 percent to $1.8 billion compared to $651.1 million last year, primarily due...
SunOpta Announces Second Quarter 2014 Results
Operating income was $16.8 million, or 5.0% of revenues, compared to $13.3 million, or 4.3% of revenues in the second...
Brooks Tropicals Recalls Green Skin Avocados Because of Possible Health Risk
Company Press Release FOR IMMEDIATE RELEASE August 8, 2014 COMPANY CONTACT AND PHONE NUMBER: Bill Brindle (305) 247-5544 Brooks Tropicals,...
Chiquita Confirms Receipt of Unsolicited Offer From Cutrale Group and Safra Group
Company Press Release Chiquita Confirms Receipt of Unsolicited Offer From Cutrale Group and Safra Group Shareholders Advised to Take No...
Sysco Reports Fourth Quarter Diluted EPS of $0.43 ($0.50 After Adjusting for Certain Items) and Fiscal Year 2014 Diluted EPS of $1.58 ($1.76 After Adjusting for Certain Items)
Sales were $12.3 billion, an increase of 5.9% from $11.6 billion in the fourth quarter of fiscal 2013.Operating income was...