Americans spent a record $55 billion on chocolate, candy, gum and mints in 2025, and the category shows no signs of slowing down, according to the National Confectioners Association’s (NCA) 2026 State of Treating report. Sales are projected to grow an additional $7.3 billion over the next five years, reaching $62.2 billion across all outlets […]
Category: Finance News
Market moves, funding, earnings, and financial strategy across the grocery industry.
Posted inBeverage News, Featured News, Finance News, National, News
Royal Cup To Acquire Farmer Brothers Coffee
Royal Cup Coffee & Tea has signed an agreement to acquire Farmer Brothers Coffee Co. (NASDAQ: FARM) for $1.29 per share in an all-cash transaction, combining two B2B coffee suppliers with nearly 250 years of combined industry experience. The transaction is expected to close during Farmer Brothers’ fiscal fourth quarter ending June 30, pending approval […]
Posted inFrozen Food, Finance News, News, Snacks Brands, West
Morinaga To Acquire My/Mochi Ice Cream, Expanding U.S. Snack Portfolio
Morinaga & Co., a leading global confectionery manufacturer, has entered into a definitive agreement to acquire My/Mochi Ice Cream, the largest mochi ice cream brand in the United States. The acquisition unites two businesses with strong brand heritage and complementary capabilities. My/Mochi will join Morinaga’s portfolio of brands, including HI-CHEW, HI-SOFT and Chargel. “In welcoming […]
Posted inMeat/Seafood/Poultry, Executive News, Featured News, Finance News, National, News
NPPC Honors Parker For Four Decades Of Pork Industry Leadership
The National Pork Producers Council (NPPC) recognized John Parker with the Paulson-Whitmore State Executive Award during the National Pork Industry Forum, honoring his 40-plus years as executive secretary of the Virginia Pork Council. The award was presented in partnership with the National Pork Board (NPB). Parker’s tenure shaped Virginia’s agricultural community, producer-funded promotion and research […]
Posted inOnline Grocery Technology, Featured News, Finance News, Merchandising News, National, News, Walmart
Walmart To Deploy Digital Shelf Labels Chainwide Within A Year
Walmart is accelerating its rollout of digital shelf labels (DSLs) chainwide, with about 2,300 locations already using the technology and full deployment expected within the next year. Price updates are people-led, with employees reviewing and pushing approved changes through a secure system, typically outside of shopping hours, so prices remain stable and consistent during the […]
Posted inAssociation News, Featured News, Finance News, Midwest, News
MGA Presents 2026 Legislator Of The Year Awards
The Minnesota Grocers Association (MGA) honored Rep. Dave Baker (R-Willmar) and Sen. Susan Pha (D-Brooklyn Center) as its 2026 Legislators of the Year during the association’s annual Legislative Dinner at The University Club in St. Paul. The lawmakers were recognized for their roles in securing continued funding for the MGA Foundation’s Carts to Careers initiative, […]
Posted inSupply Chain News, Featured News, Finance News, Grocery Research, National, News
Report: 86% Of Supply Chain Leaders Feeling Tariff Impact
Trade policy uncertainty is forcing supply chain leaders into difficult choices across pricing, sourcing and inventory, according to a preview of RELEX Solutions’ third annual State of the Supply Chain report. The findings, drawn from a January survey of 514 retail, manufacturing, wholesale and supply chain leaders, show 86 percent have felt the effects of […]
Posted inCorporate Store News, Featured News, Finance News, News, West
Grocery Outlet To Close 36 Stores Due To $224.9M Net Loss In Fiscal 2025
Grocery Outlet Holding Corp. (NASDAQ: GO) reported a net loss of $224.9 million for fiscal 2025, a dramatic swing from the $39.5 million net profit posted the prior year, as the retailer absorbed $149 million in goodwill impairment charges, $113.8 million in non-cash asset impairment and $45.9 million in restructuring costs. Despite those headline losses, […]