As Rouses Markets celebrates its 65th anniversary, Chairman Donald Rouse Sr. reflects on the roots of the family-owned company and looks to the future with the third generation leading the way. Rouse said his father, Anthony J. Rouse Sr., set the standard for the company with his humility and strong work ethic. “He would never […]
Category: Finance News
Market moves, funding, earnings, and financial strategy across the grocery industry.
Posted inIndependent Store News, Anniversary Issues, Finance News, News, Rouses Market, Southeast, Special Section
Third-Generation Rouses CEO: ‘We’re The No. 1 Grocer’ Along Gulf Coast
For Donny Rouse, president and CEO of Rouses Markets, the story of the company’s past and its vision for the future always come back to family, community and the Gulf Coast culture that shaped them both. “It first starts with my grandfather and his passion and energy for the business and willing to do anything […]
Posted inSnacks Brands, Association News, Finance News, National, News
Winter Holidays Drive Chocolate, Candy Sales As Seasonal Traditions Endure
The winter holiday season remains the most important sales period of the year for chocolate and candy, driven by strong consumer traditions around gifts, entertaining and everyday indulgence, according to new data and seasonal insights from the National Confectioners Association (NCA). NCA research shows that 95 percent of Americans celebrate with chocolate and candy across […]
Posted inOnline Grocery Technology, Finance News, National, News
RELEX Solutions Acquires Ida To Strengthen Fresh Store Ordering Capabilities
RELEX Solutions, a provider of unified artificial intelligence-driven supply chain and retail planning software, has acquired Ida, a Paris-based SaaS developer of AI-native fresh replenishment and store ordering optimization technology. The acquisition enhances RELEX’s platform with new capabilities aimed at improving fresh and ultra-fresh category planning for grocery retailers worldwide. Ida’s software focuses on replenishment […]
Posted inIndependent Store News, Anniversary Issues, Finance News, Midwest, News, Special Section
Busch’s Fresh Food Market Honors Its Roots – Quality, Partners, Community
As Busch’s Fresh Food Market enters its next 50 years, the family-owned Michigan grocer is strengthening its foundation through strategic investment in people, technology and community. The company’s mission remains clear: deliver an exceptional fresh food experience while staying true to the neighborhood-focused culture that has defined Busch’s for generations. The momentum at Busch’s is […]
Posted inOnline Grocery Technology, Finance News, National, News, The Kroger Co.
Looma Expands Retail Media Network Into 600 Kroger Stores
Looma, an in-store retail media platform, has raised $13 million in new capital to accelerate expansion of its digital media network, including a rollout into nearly 600 Kroger stores nationwide. The funding includes $10 million in Series B investment led by Staley Capital and a $3 million credit facility from Silicon Valley Bank, a division […]
Posted inExecutive News, Center Store, Finance News, Midwest, News
Kraft Heinz Names Cahillane CEO
Steve Cahillane has been named CEO of The Kraft Heinz Co., effective Jan. 1., where he also will join the company’s board of directors and serve as CEO of Global Taste Elevation Co. following Kraft’s separation into two companies. To ensure a transition, Carlos Abrams-Rivera will step down Jan. 1 and serve as an advisor […]
Posted inNews, CERTCO Inc., Executive News, Finance News, National
Certco President, CEO Becomes First Woman To Lead ROFDA Board
Amy Niemetscheck, president and CEO of Wisconsin-based Certco Inc., was recently named the first chairwomen of the Retailer Owned Food Distributors and Associates Board of Directors (ROFDA). “Taking on the role as the first female as chair of ROFDA at the Fall 2025 Conference was a tremendous honor,” Niemetscheck said. “It is a privilege to […]
Posted inIndependent Store News, Corporate Store News, Finance News, National, News
Acosta Group Releases 4 Consumer Predictions For 2026
Acosta Group has released its consumer predictions for 2026, highlighting the growing importance of personalization, transparency and innovation for brands, retailers and foodservice operators. The predictions are based on research conducted with the Jacksonville, Florida-based sales and marketing agency’s 40,000-member proprietary shopper community. “Technology and evolving consumer lifestyles continue to reshape the shopping experience, as […]
Posted inIndependent Store News, Corporate Store News, Finance News, Midwest, News, West
Uber Eats Expands Regional Grocery, Alcohol Selection With New Retailers
Uber Eats has expanded regional grocery and alcohol offerings with the addition of three retailer partners – Stater Bros. Markets, Kowalski’s Markets and Big Red Liquors – broadening access to grocery and beverage delivery in key U.S. markets. The new partnerships mark continued growth for Uber’s retail and grocery business in 2025, a year in […]
Posted inGrocery Store Equipment, Executive News, Finance News, National, News
Simbe Forms Client Advisory Board With BJ’s, Schnucks, SPAR Executives
Simbe has formed a Client Advisory Board, bringing together leaders from retailers – including BJ’s Wholesale Club, Schnuck Markets, SPAR, Harmons Grocery and Country Supplier – to inform product strategy, foster peer collaboration and guide the future of shelf digitization technology. “The CAB reflects our belief that the best innovation comes from partnership, not only with […]
Posted inWholesaler/Distributor News, Finance News, News, Northeast
UNFI Details Value Creation Strategy, Sets Long-Term Financial Targets
United Natural Foods Inc. (UNFI) outlined its multi-year value creation strategy and long-term financial targets during its 2025 Investor Day event in New York City, emphasizing sustained profitable growth, investment in capabilities for customers and suppliers and enhanced cash-flow generation. The company said it expects to drive low-single digit average annual net sales growth through […]
Posted inMarket Profile, Finance News, News, Northeast, ShopRite
Klein’s Celebrates Milestone Year With Plans To Keep Moving Forward
Shoppers will find a blend of heritage and progress when shopping Klein’s Family Market’s nine ShopRite stores in Maryland. Whether shopping a Klein’s store in a larger city like Baltimore or a smaller town like Cardiff, customers will find a broad selection of Maryland-grown and -made products (and everything else they need) in modern stores […]
Posted inSnacks Brands, Finance News, National, News
Mars Receives Final Approval for $36B Kellanova Acquisition
Mars Inc. received approval from the European Commission Dec. 8 for its acquisition of Kellanova, clearing the final regulatory hurdle for the $36 billion deal. The companies anticipate closing the transaction Dec. 11. The European Commission’s approval was the last of 28 required regulatory clearances. Kellanova shareholders approved the transaction on Nov. 1, 2024, following the […]
Posted inOnline Grocery Technology, Finance News, Midwest, News, Schnucks
Schnucks Markets Deploys Domo Platform To Advance Data Integration, Analytics
Schnucks Markets Inc. has implemented the Domo AI and Data Products platform to centralize its data systems and improve operational decision-making across its 113 Midwest stores. With more than eight decades of operations, Schnucks had faced challenges managing data generated across stores, warehouses, vendors and internal departments. According to the company, reporting processes relied heavily […]
Posted inCorporate Store News, Finance News, News, West
Grocery Outlet Embarks On Informed Store Refresh
Improving the in-store experience as well as product mix and inventory levels have been guiding decisions at Grocery Outlet this year. President and CEO Jason Potter, who has been at the helm of the Emeryville, California-based grocer since Feb. 3, outlined Grocery Outlet’s priorities during a Nov. 4 earnings call covering third-quarter results. “We’ve spent […]
Posted inWholesaler/Distributor News, Finance News, News, Northeast, UNFI
UNFI Reports Q1 Fiscal 2026 Results, Adjusted EBITDA Up 24.6%
On Dec. 2, United Natural Foods Inc. (UNFI) reported first quarter fiscal 2026 results for the 13 weeks ended Nov. 1, with adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) increasing 24.6 percent to $167 million despite a slight decline in net sales. The Providence, Rhode Island-based wholesaler posted net sales of $7.8 billion, […]
Posted inIndependent Store News, Coborn's, Finance News, Midwest, News
Coborn’s Market & Table To Add Restaurant Concepts
Coborn’s has begun a culinary partnership with Twin Cities Chef David Fhima, who will introduce three food-court-style restaurant concepts inside the Coborn’s Market & Table store opening in March in Plymouth, Minnesota. In addition, The Buttered Tin will have a full standalone restaurant within the store. The offerings are key components of Coborn’s “grocerant” model, […]