Mass-channel retailers reached 79 percent penetration in December, equaling traditional supermarkets for the first time as 70 percent of working-age Americans reported difficulty covering unexpected $400 expenses, according to Wave 12 of the dunnhumby Consumer Trends Tracker released Feb. 18. The shift marks a fundamental realignment in American shopping behavior driven by persistent affordability pressures. […]
Category: Finance News
Market moves, funding, earnings, and financial strategy across the grocery industry.
Posted inBeverage News, Association News, Featured News, Finance News, News, Northeast
PFMA Supports Bill To Enable Third-Party Alcohol Delivery For Grocers
The Pennsylvania Food Merchants Association testified before the Pennsylvania House Liquor Control Committee Feb. 11 in support of House Bill 1451, legislation that would allow licensed third-party transporters to deliver beer, wine and ready-to-drink cocktails on behalf of licensed retailers. The trade association called the bill a necessary update to the state’s liquor code that […]
Posted inGuest Contributors, Finance News, National, News
Leadership: Prime Time Defined
Leaders who consistently win understand one simple truth: performance is never evenly distributed across the day, week or year. Some moments matter more than others, and what a team does in those windows separates average operations from extraordinary ones. What is ‘prime time’ in leadership? In operations-heavy environments, prime time is the predictable window when […]
Posted inMeat/Seafood/Poultry, Finance News, Midwest, News, Supply Chain News
Smithfield Foods Plans $1.3B Processing Facility In Sioux Falls, SD
Smithfield Foods has initiated the approval process to build a packaged meats and fresh pork processing facility in Sioux Falls, South Dakota, representing a preliminary investment estimate of up to $1.3 billion over the next three years. The facility, subject to permitting and regulatory approvals, will be built in Foundation Park, a 1,000-acre heavy industrial […]
Posted inExecutive News, Association News, Finance News, Frozen Food, National, News
AFFI Promotes Seiling To COO, Head Of Strategic Initiatives
The American Frozen Food Institute has promoted Adrienne Seiling to COO and head of strategic initiatives, expanding her role on the executive leadership team. Seiling most recently served as SVP of industry affairs and member services. In her new role, she will oversee core operations and lead advancement of key organization priorities, including events and […]
Posted inSupply Chain News, Finance News, National, News
Registrar Corp. Acquires TechniCAL, Expands Safety Capabilities
Registrar Corp has acquired TechniCAL, an independent process authority for low-acid and acidified foods. The acquisition combines Registrar Corp’s global regulatory compliance expertise with TechniCAL’s thermal processing validation and testing capabilities. Together, the companies provide complete regulatory and safety support for producers of shelf-stable packaged foods and beverages. Market drivers Consumer demand for convenience and […]
Posted inProduce News, Finance News, National, News
Shore Capital Forms Produce One Through Partnership, Acquisition
Shore Capital Partners has formed Produce One, a specialty produce distribution platform, through a partnership with Premier ProduceOne and the acquisition of Native Maine Produce. The platform combines Premier ProduceOne’s statewide distribution coverage across Ohio with Native Maine’s Northeast-focused distribution network across Maine, Connecticut and New York. Shore Capital plans to partner with additional produce […]
Posted inExecutive News, Featured News, Finance News, Independent Store News, Midwest, News, Southeast, Southwest
Second Annual HFG Awards Program Honors 15 Store Managers From 6 States
Houchens Food Group continued its Store Manager Appreciation Awards for the second year, culminating with the announcement of the 2025 HFG Store Manager of the Year. The company recently hosted 15 lunch banquets divided by region and banner. The events included individual recognition of store managers, as well as a selection of other awards. In […]