There have been at least 33 acquisitions of restaurant brands with more than 10 locations this year. Some of the highest profile acquisitions came from private equity and investment firms, who are already major owners in the restaurant sector.
Read MoreAnheuser-Busch InBev was consistently in the news last year as it closed its blockbuster $100 billion acquisition of SABMiller. But beyond headline-generating deals, the brewer is finding new ways to expand its reach, particularly in the craft sector. The company’s wholly-owned venture capital firm has been quietly investing in beer ratings websites, delivery services, and international craft brewers—an indication that, despite cuts to its domestic craft acquisition program, the mega-brewer is finding yet more ways to put pressure on the independent and craft beer sector.
Read MoreAmazon’s announcement in June that it plans to buy Whole Foods for $13.7 billion has led to speculation throughout the retail industry about the corporation’s intentions in the grocery sector. Supply chain and retail workers in particular fear the merger will result in layoffs and less bargaining power overall. Some are ratcheting up unionization efforts in response.
Read MoreAnheuser-Busch InBev, the largest beer producer in the world, is taking another shot at the American craft brewing industry, this time by cornering the market on some key ingredients independent brewers need to make quality beer. The company last week announced that they would no longer be exporting hops from their South African hop farms to U.S. craft brewers, as promised, and would instead be redirecting the hops toward their own in-house brands.
Read MoreNorth Carolina is home to a booming craft beer industry, including Highland Brewing Company and Olde Mecklenberg. But the growing power of the independent breweries has put them at odds with an increasingly consolidated distribution and wholesale industry in the state. In response, the brewers are backing a bill that would raise the amount of beer they could distribute on their own before having to contract with a distributor.
Read MoreThe most recent attack by American ranchers on the Department of Agriculture’s beef checkoff tax reached a federal court two weeks ago. The suit, filed by the Ranchers-Cattlemen Action Legal Fund (R-CALF), challenges how the checkoff program operates in Montana. But the outcome of the case could reshape how the checkoff tax system operates across the whole country.
Read MoreOklahomans vote November 8 on a Big Ag-backed proposal to limit the ability of citizens to regulate agricultural activity within the state. If passed, State Question 777 would add language to the state constitution requiring any new agricultural legislation to undergo strict scrutiny in the courts, making it harder for residents to improve environmental, animal welfare, and water standards in the state.
Read MoreAnheuser-Busch InBev is angling to control every shelf of your local beer store, and they’re doing it behind the scenes. That may seem surprising, given that the Belgian company has made headlines this year with its nearly complete $108 billion acquisition of SABMiller, the second-largest beer company in the world. But many in the industry see control over distribution, even more than deals, as the real source of ABI’s growing market power. And though the Department of Justice’s July approval of the merger seems to promote competition and place checks on the company’s pursuit of growth, those checks may not prove strong enough to rein in the beer giant.
Read MoreAfter months of debate, Congress in early July established a national standard for the labeling of foods that contain ingredients that have been genetically modified (GMOs). President Obama is expected to sign the bill, officially called the National Bioengineered Food Disclosure Standard.
Read More