In a previous column, we discussed building businesses to last and some of the factors that influence valuation. Today, we will take a closer look at one area that often creates confusion – the valuation of real estate in the grocery industry. Nerd alert: This one is a little more technical, but I believe it […]
Category: Finance News
Market moves, funding, earnings, and financial strategy across the grocery industry.
Posted inBeverage News, Executive News, News, Southeast
Coke Florida Promotes Calhoun VP, Chief Of Staff To CEO
Coca-Cola Beverages Florida has appointed Reagan Calhoun as VP and chief of staff to Chairman and CEO Troy Taylor. Calhoun joins from The Coca-Cola Co., where she most recently served as VP of finance – marketing for the North America Operating Unit (NAOU). She brings more than 20 years of experience across the Coca-Cola system […]
Posted inFeatured News, Center Store, National
McCormick To Combine With Unilever’s Foods Business
McCormick & Company Inc. (NYSE: MKC) and Unilever PLC (LSE: ULVR / NYSE: UL) have announced an agreement to combine McCormick with Unilever’s Foods business, creating a global flavor company with $20 billion in combined fiscal year 2025 revenue. Under the terms of the agreement, Unilever and its shareholders are expected to receive shares equating […]
Posted inSouthwest, Featured News, Independent Store News, News
Homeland Closing, Consolidating Stores As Part Of ‘Comeback’
In a March 26 post on its Facebook page, Homeland announced that it will close four stores in Oklahoma and consolidate six others into three. Homeland said in the post that it had informed employees of the changes the previous day, explaining the moves as “important steps to strengthen our company and better serve our […]
Posted inExecutive News, Center Store, Midwest, News
General Mills Names Ness Chief Supply Chain Officer
General Mills (NYSE: GIS) has appointed Jonathan Ness as chief supply chain officer. Ness reports to chairman and CEO Jeff Harmening, joins the company’s senior leadership team and oversees global supply chain operations. Ness had been serving as interim chief supply chain officer since late January. He had previously served as VP of global supply […]
Posted inOnline Grocery Technology, National, News
ReposiTrak, SPAR Group Launch ‘Surge Merchandising’ Platform For Retailers
ReposiTrak (NYSE: TRAK) and SPAR Group (NASDAQ: SGRP) have announced a strategic partnership to deploy a national solution designed to help retailers improve on-shelf availability, reduce store-level labor strain and ensure that products reach the shelf quickly and consistently. The integrated service pairs ReposiTrak’s inventory intelligence technology with SPAR’s nationwide on-demand workforce, giving retailers a […]
Posted inExecutive News, Featured News, Independent Store News, West
Teel To Lead The Raley’s Companies Following Knopf’s Departure
The Raley’s Companies has announced a leadership transition, with President and CEO Keith Knopf departing after 11 years and owner and Chairman Mike Teel returning to the CEO role he previously held before Knopf joined the company. “After 11 fulfilling years of service, I have reached a natural inflection point, and having achieved significant milestones, […]
Posted in, News
Nude Foods Market Reports Growth Following ‘Shark Tank’ Appearance
Nude Foods Market, a Colorado-based, female-founded grocery company built around eliminating single-use plastic, is seeing a surge in national attention following its appearance on ABC’s “Shark Tank,” which aired March 11. Co-founders Verity Noble and Rachel Irons entered the Tank asking for $250,000 in exchange for a 5 percent stake in their zero-waste grocery operation, […]