The Shelby Report recently visited with Swiftly, a Seattle-based retail technology platform, to learn more about its new Audience Optimizer, a tool designed to help brick-and-mortar retailers transition their marketing efforts from traditional print circulars to targeted digital campaigns. Sean Turner, co-founder and chief technology officer of Swiftly, said the platform provides retailers with digital […]
Category: Finance News
Market moves, funding, earnings, and financial strategy across the grocery industry.
Posted inExecutive News, Beverage News, Finance News, News, Southeast
The Coca-Cola Co. Reshapes Leadership Ahead Of CEO Transition
The Coca-Cola Co. announced a series of leadership changes to accelerate digital transformation and strengthen regional focus, with all appointments effective March 31. The Atlanta-based beverage company established a new chief digital officer position and reorganized market leadership in Asia, Africa and the Middle East. Sedef Salingan Sahin, currently president of Coca-Cola’s Eurasia and Middle […]
Posted inCorporate Store News, Finance News, National, News
The Fresh Market To Open 7 New Stores
The Fresh Market has unveiled an investment plan of about $600 million for 2026, with seven new stores planned. The announcement came during Cencosud’s Cenco Day 2026 event, held for the first time in Buenos Aires, where Cencosud shared its outlook for the year ahead. For 2026, the company expects consolidated revenues of $18.4 billion […]
Posted inExecutive News, Finance News, KeHE Distributors, National, News, Wholesaler/Distributor News
KeHE Adds Former Comcast President Steven A. White To Board
KeHE Distributors has appointed Steven A. White to its board of directors, effective Feb. 1. White brings extensive consumer packaged goods and distribution experience from leadership roles at PepsiCo and Colgate-Palmolive. He most recently served as president and special counsel to the CEO at Comcast, where he supported enterprise leadership development, digital equity initiatives and […]
Posted inCorporate Store News, Finance News, Food Lion, News, Southeast
Food Lion Plans 4 Store Openings Across The Carolinas
Food Lion will open four stores across North and South Carolina in the first quarter, extending the Ahold Delhaize banner’s footprint in its core Southeast market. The Salisbury, North Carolina-based grocer announced the expansion Jan. 15, with the first location opening six days later in Pontiac, South Carolina. The openings mark continued growth for the […]
Posted inIndependent Store News, Finance News, News, Stater Bros. Markets, West
Stater Bros. Expands Partnership With Afresh
Stater Bros. Markets is scaling its partnership with Afresh Technologies, extending AI-driven inventory management beyond produce into additional fresh departments while implementing distribution center (DC) forecasting. The expansion follows strong results from the 171-store California chain’s recent produce deployment, which it said reduced shrink and improved product availability. The combined system connects real store demand […]
Posted inOnline Grocery Technology, Finance News, Grocery Store Equipment, National, News
Simbe Introduces Improved Tally 4.0 Shelf-Scanning Robot
Simbe has launched Tally 4.0, the fourth generation of its autonomous shelf-scanning robot, featuring up to 12 hours of runtime and enhanced computer vision capabilities powered by NVIDIA’s AI infrastructure. The San Francisco-based company announced the release Jan. 12, with units available to customers starting mid-2026. The new platform builds on a decade of deployments […]
Posted inCorporate Store News, Finance News, News, Walmart, West
Walmart Opens New Supercenter In Eastvale, CA
Walmart has opened its first supercenter in Eastvale, California, marking the retailer’s entry into one of the state’s fastest-growing communities. The 170,000-square-foot store at 14100 Limonite Ave. held a ribbon-cutting ceremony at 7:30 a.m. Jan. 14 before welcoming customers at 8 a.m. The store created about 300 jobs in the Inland Empire city, which has […]
Posted inOnline Grocery Technology, Finance News, National, News
SPINS Acquires MikMak To Expand Shopper Engagement
SPINS has acquired MikMak, a move the company said will expand its capabilities in shopper engagement, commerce intelligence and omnichannel activation across physical, digital and emerging agentic commerce environments. According to SPINS, the acquisition accelerates its ability to enable and measure shopper engagement throughout increasingly complex buying journeys. As consumers move between social media, digital […]
Posted inCorporate Store News, Aldi, Finance News, National, News
Aldi To Open 180 Stores In 2026, Enter Maine
Aldi U.S. plans to open more than 180 stores by the end of 2026, as the grocer begins its 50th year in the U.S. The Batavia, Illinois-based retailer also is sharing a look into its growth plans over the next five years, including entering Maine, continued growth in Southeast and West and plans to open […]
Posted inOnline Grocery Technology, Finance News, National, News
Toast Enhances Retail Capabilities With AI-Powered Insights, Tools
Toast has introduced a suite of updates designed to deliver precision insights, actionable recommendations and operational efficiency for retailers using its commerce technology, including enhanced capabilities within the Toast IQ AI assistant. The latest platform enhancements, showcased for retail operators ahead of the 2026 National Retail Federation (NRF) Show, add new AI-driven features enabling retailers to […]
Posted inIndependent Store News, Association News, Finance News, National, News, Organic Natural
INFRA Shares Executive Leadership Promotions To Support Growth
INFRA, a nationwide purchasing cooperative of independent natural food retailers and a leader in the natural foods industry, has shared two executive leadership promotions, reflecting the organization’s continued growth and deepened focus on serving its members. Danelle Rydel has been promoted to chief of member operations, while Jen LaValley has been promoted to CFO. “These […]
Posted inProduce News, Finance News, National, News
Avocados From Mexico Projects 2.5B Pounds For 2025-26 Season
Avocados From Mexico is projecting a record-breaking 2.5 billion pounds of Mexican avocado imports to the U.S. during the 2025-26 season, marking the highest volume Mexico has ever supplied to the U.S. market. The organization said about 280 million pounds of Mexican avocados are projected to be available for the Big Game alone, another record-setting […]
Posted inGrocery Store Equipment, Finance News, National, News
NCR Voyix Unveils AI-Accelerated Suite Of Applications
NCR has introduced a new AI-accelerated suite of applications designed to enhance its Voyix Commerce Platform, leveraging artificial intelligence to help retailers improve customer engagement, streamline operations and drive incremental revenue. The expanded suite integrates large language models and machine learning into core commerce functions, enabling retailers to deliver more personalized experiences across digital and […]
Posted inSnacks Brands, Finance News, National, News
Jackson’s Expands Retail Distribution As Better-For-You Snack Demand Grows
Jackson’s, a snack brand distributing premium avocado oil products, is entering 2026 with significant retail momentum, expanding distribution across major club, grocery, natural, convenience and e-commerce channels nationwide. The Q1 expansion is anchored by the national rollout of Jackson’s Super Veggie Straws alongside continued growth for its kettle chips and sweet potato chips. The brand […]
Posted inFrozen Food, Association News, Dairy News, Finance News, National, News
NFRA Highlights Role Of Frozen, Dairy Foods In Post-Holiday Reset
As Americans move past the holidays and return to everyday routines, frozen and dairy foods are emerging as essential staples that help consumers manage food budgets, reduce waste and simplify daily meal planning, according to a new press release from the National Frozen & Refrigerated Foods Association (NFRA). With their longer shelf life and ready-when-needed […]
Posted inOnline Grocery Technology, Feature, Finance News, News, West
Keyed By Tally, Simbe Helps Grocers With Inventory, Workforce Issues
In a recent interview with The Shelby Report, South San Francisco-based Simbe highlighted how its autonomous retail intelligence solutions address critical inventory and operational challenges facing grocers. Simbe describes itself as the global leader in retail shelf digitization and combines artificial intelligence with robotics to provide retailers with real-time insights into store operations. The company […]
Posted inHealth & Wellness, Finance News, National, News, The Kroger Co.
Kroger Completes Sale Of Vitacost.com To iHerb
The Kroger Co. has completed the sale of Vitacost.com Inc., an e-commerce retailer of vitamins, supplements and other health and wellness products, to iHerb LLC. The transaction closed Jan. 8. Kroger said the decision to sell Vitacost.com reflects its ongoing review of non-core assets “to determine their ongoing contribution and role within the company as […]
Posted inWest, Albertsons, Corporate Store News, Finance News, Industry News, News
Albertsons Shares Q3 Results Driven By Digital
Albertsons Companies closed out the third quarter of fiscal 2025 with results that highlight the grocery chain’s ongoing push to become a technology-driven, customer-focused operation. The company reported net income of $293 million and strong growth across its digital and pharmacy channels, reinforcing CEO Susan Morris’s vision of a modernized retail experience at the company’s […]
Posted inIndependent Store News, Executive News, Finance News, News, The Raley's Companies, West
Carbahal Transitions To Advisory Role After Decade With Raley’s
After 10 years with The Raley’s Companies, senior executive Chelsea Carbahal has transitioned into an advisory role, marking the close of a decade in which she played a central role in shaping the company’s communications, public affairs and community impact strategy. Carbahal joined Raley’s in 2015, rising to become senior leader of public relations, government […]