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August merchandise imports to show first increase since May
Washington, D.C. -- Following negative numbers in four of the last five months, import volume at the nation’s major retail container ports is expected to grow 1.7% in August over the same month last year and should continue to see gains through the holiday season and the remainder of 2013, according to the monthly Global Port Tracker report released Tuesday by the National Retail Federation and Hackett Associates. The year is expected to end with a 2.4% increase over 2012.
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Pinnacle beefs up brands roster
PARSIPPANY, N.J. — Pinnacle Foods is buying Wish-Bone salad dressings from Unilever for $580 million.
Combined annual sales, which include the liquid and dry-mix salad dressings under the Wish-Bone and Western brands, total approximately $190 million.
"The transaction enhances our ability to offer consumers meal solutions and recipe ideas across our broad portfolio of brands," Pinnacle Foods CEO Bob Gamgort said in a statement.