retail news in context, analysis with attitude

• The Austin American-Statesman has a piece about Whole Foods "has rolled out a series of standards regarding animal welfare, seafood sustainability and genetically modified ingredients — to name a few — that is unprecedented in scope for a major food retailer," suggesting that "while it’s impossible to predict the future, given Whole Foods’ prominence, it could influence the larger grocery industry as well."

• The Associated Press reports that "Anheuser-Busch InBev has reached a final agreement with the U.S. Department of Justice that could settle a dispute over its $20.1 billion acquisition of the Mexican brewer Grupo Modelo."

And CNN says that "under the agreement, Anheuser-Busch InBev can move ahead with plans to acquire the 50% of Grupo Modelo it does not already own for $20.1 billion, but it must sell Modelo's U.S. business in order to preserve competition in the American beer market. It must also sell one of Modelo's brewing facilities in Mexico.

"The proposed buyer is Constellation Brands -- a wine and liquor producer whose brands include Robert Mondavi and SVEDKA Vodka -- which will acquire the assets for roughly $4.75 billion. Constellation will then have the exclusive right to sell Modelo products in the U.S."
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