Ridley’s Family Markets, a family-owned grocery retailer serving the Intermountain West, has entered into an agreement to acquire Terrel’s Markets. The transaction is expected to close on or near the first week of April. All six Terrel’s Markets locations – in Fillmore, Gunnison, Mount Pleasant, Nephi, Payson and Santaquin, Utah – will transition to the […]
Category: Finance News
Market moves, funding, earnings, and financial strategy across the grocery industry.
Posted inExecutive News, Finance News, National, News, Snacks Brands
Rise Baking Co. Names McNeil As CEO
Rise Baking Co. has appointed Mark McNeil as CEO, succeeding Brian Zellmer, who led the Minneapolis-based manufacturer over the past five years. McNeil is a seasoned food and beverage executive with more than 30 years of cross-functional leadership experience across retail, foodservice and manufacturing. He most recently served as CEO of Shearer’s Foods, the largest […]
Posted inIndependent Store News, Finance News, News, Publix Super Markets, Southeast
Publix Opens New Store In Locust Grove, GA
Publix opened a new store Jan. 28 in the Shops at Indian Creek, 4518 Hwy 42 S. in Locust Grove, Georgia. The 48,387-square-foot store features traditional departments, including a full-service deli counter with a variety of meats and cheeses, an international selection of olives, antipastos, hummus and more than 200 artisan cheeses from the United […]
Posted inAssociation News, Finance News, Independent Store News, National, News
NGA Honors Hugo’s Magnuson Nelson With Zaucha Entrepreneurial Excellence Award
The National Grocers Association named Kristi Magnuson Nelson, president of Grand Forks, North Dakota-based Hugo’s Family Marketplace, as the 2026 recipient of the Thomas K. Zaucha Entrepreneurial Excellence Award. One of the most prestigious honors in the independent grocery industry, the award honors the legacy of Zaucha, NGA’s first president and CEO, whose career was […]
Expert Article
How Independent Retailers Can Maximize Refrigeration Performance, Profitability
Independent retailers face tight budgets and rising operational costs. These pressures are felt even stronger these days as consumers remain hyper-focused on grocery prices and affordability. Refrigeration equipment – critical for merchandising fresh and frozen products – represents a significant investment for retailers. Getting the most out of that investment starts with investing in the […]
Expert Article
Relationship Advice For Independent Grocers
How many times have you had an interaction and left feeling misunderstood? Experts say, communication and finances are the top downfalls in relationships. Now you may be thinking, this only applies in our personal lives. Your relationship with shoppers could be suffering here as well. For example, Craig never buys chocolate and is not likely […]
Posted inIndependent Store News, Anniversary Issues, Finance News, News, Retailer of the Year, Vallarta Supermarkets, West
SoCal-Based Vallarta Supermarkets Charts Path Of Growth, Change
In 1985, the Gonzalez family opened a small market in Van Nuys, California, called Carnicería Vallarta. The family focused on selling traditional cuts of meats popular in their native Mexico. They worked hard to build a name for themselves by offering high-quality authentic products, providing a high level of customer service and treating employees as […]
Posted inCorporate Store News, Amazon Fresh, Finance News, National, News, Whole Foods
Amazon To Close Go and Fresh Stores, Open 100+ Whole Foods Locations
Amazon is closing all its Amazon Go and Amazon Fresh stores to focus on online grocery delivery and Whole Foods Market expansion, with various locations converting to Whole Foods stores. In addition, the Seattle-based company plans to open more than 100 new Whole Foods Market stores over the next few years and will expand same-day […]