Ingles Markets has released an investor presentation ahead of its April 30 annual meeting, intensifying its opposition to a director nominee put forward by Summer Road LLC, the family investment office of David Sackler. The Asheville, North Carolina-based grocer is urging shareholders to vote for its two independent director candidates — Rebekah Lowe and Dwight […]
Category: Finance News
Market moves, funding, earnings, and financial strategy across the grocery industry.
Posted inGrocery Research, Featured News, Finance News, National, News
Report: Grocery Price Growth Easing As Egg Prices Drive Breakfast Costs Down
DoorDash has released its first quarterly State of Local Commerce update, drawing on millions of transactions across restaurants, grocery and everyday goods to offer a ground-level view of how prices are shifting across the U.S. The headline finding for grocery retailers: the Breakfast Basics Index is down 22.3 percent year over year, driven largely by […]
Posted inOnline Grocery Technology, Ahold Delhaize, Featured News, Finance News, National, News
Ahold Delhaize USA Rolls Out Pay By Bank Option For Online Orders
Ahold Delhaize USA has expanded its partnership with Fiserv to offer Pay by Bank across its proprietary omnichannel platform, giving online grocery customers the option to pay directly from their bank accounts. The solution is live on the e-commerce websites and mobile apps of three Ahold Delhaize USA brands – The Giant Co., Giant Food and […]
Posted inMeat/Seafood/Poultry, Finance News, Midwest, News
Entrepreneur Acquires Honey Creek Legacy, Rebrands As Legacy Maker Farms
Legacy Maker Farms officially launched following the acquisition and rebranding of Honey Creek Legacy by an investor group led by entrepreneur Steven Hershberger. The Indiana-born business leader, who brings deep experience in food manufacturing and consumer packaged goods, will serve as CEO and president of the Fairmount, Indiana-based premium beef company. “With this acquisition, we […]
Posted inMerchandising News, Featured News, Finance News, Grocery Research, National, News, Private Label Brands
Poll: 88% Of Americans Adjusting Financial Behavior As Grocery Prices Rise
Nearly nine in 10 Americans have made at least one meaningful adjustment to their financial behavior in response to economic pressures, with grocery prices ranking as the No. 1 concern, according to KeyBank’s 2026 Financial Mobility Survey Pulse Poll. The survey of 1,000 Americans ages 18-70, conducted by Schmidt Market Research in January, found that […]
Posted inExecutive News, Dairy News, Featured News, Finance News, Midwest, News
Hiland Dairy Names Leibacher General Manager Of Dallas Operation
Hiland Dairy Foods Co. has promoted Mike Leibacher to general manager of its Dallas-Fort Worth operation, effective March 1. He replaces Ray Gibson, who retired after a 43-year career in the dairy industry. Gibson spent decades serving the Dallas-Fort Worth market. He began in 1982 as a route salesman with Borden Dairy, rose through a […]
Posted inCorporate Store News, Executive News, Featured News, Finance News, News, West
Grocery Outlet Appoints Allen, Thornton To Board Of Directors
Grocery Outlet Holding Corp. has appointed Frances Allen and Felicia Thornton as independent directors, effective April 1. “Frances and Felicia bring strong grocery and retail operational experience and significant strategic insight to our board,” said Eric Lindberg, chairman of Grocery Outlet’s board of directors. “Frances is an accomplished leader of nationally recognized restaurant businesses with deep […]
Posted inExecutive News, Featured News, Finance News, Food City, Merchandising News, Southeast
Food City Promotes Cox To CFO, Baldwin To Finance VP
Food City has promoted Paul Cox to SVP and CFO and Sara Baldwin to VP of finance, following the retirement of longtime CFO Eddie Neely. Cox also will join the company’s board of directors. “We would like to thank Eddie for his dedication and commitment, and the impact he has made on our company’s continued […]