Latest Finance News - Page 2 of 13 - Grocery Industry

Category: Finance News

Market moves, funding, earnings, and financial strategy across the grocery industry.
Posted inNews, Finance News, Northeast, Snacks Brands, Suppliers

Utz To Go Private In $2.9B Deal With Germany’s Intersnack

by Shelby Report Staff

Utz Brands will be taken private in a deal valuing the salty snack maker at approximately $2.9 billion, with Germany’s Intersnack Group acquiring all outstanding Class A common stock for $14.25 per share in cash. The price represents a premium of roughly 91 percent over the July 20 closing price. When the transaction closes, expected […]

Posted inNational, Association News, Feature, Finance News, Marketing News, News, West

Brand Builders, Investors Agree On What Separates Winning CPG Brands

by Shelby Report Staff

Two panels, two very different rooms, but one message. At the CPG Convergence Conference, hosted June 25 by the Navigator Lighthouse Foundation and Mission Matters at Verizon’s 5G Labs in Playa Vista, California, a panel of brand strategists and a panel of investors took the stage hours apart. They never coordinated, but they arrived at […]

The Hidden Margin Leak Hiding in Your Accounts Payable Department

Every independent and regional grocer knows the math. Net margins run between 1% and 3%, which means that on a $10 million store, you’re working with $100,000 to $300,000 of breathing room before you’re underwater. Operators spend enormous energy managing the front end to protect those numbers, tightening promotional spend, auditing shrink, and fine-tuning labor […]

Posted inNews, Finance News, National

FMS Solutions’ 2nd Profit Summit For Independents Coming This Fall

by Shelby Report Staff

FMS Solutions, a financial management company serving independent grocery operators and restaurants, has announced its second annual FMS Profit Summit, set for Oct. 6-8 at Tapatio Springs Hill Country Resort in Boerne, Texas. The two-day event covers financial benchmarking, labor management, shrink reduction and the state of the independent grocery industry. Attendees will have direct […]

Posted inFinance News, Association News, Featured News, National, News

NGA Adds 2 VPs To Government, Finance Leadership Teams

by Shelby Report Staff

The National Grocers Association (NGA) has appointed Macy Lemon as VP of state government affairs and Mark McLaughlin as VP of finance and administration. Macy Lemon Lemon will lead NGA’s state government affairs strategy, working with state legislatures, governors’ offices, coalitions and state partners to advance policies that support independent supermarkets and the communities they […]

Posted inFinance News, National, News, Online Grocery Technology

Ottimate Launches First MCP Integration Among AP Platforms

by Shelby Report Staff

Ottimate, an artificial intelligence-powered accounts payable automation platform serving invoice-heavy industries including grocery and foodservice, has announced the first Model Context Protocol integration in the market, enabling finance leaders to bring AP data directly into large language models for financial insights. The announcement is part of Ottimate’s 2026 summer release, which also includes enhancements to […]

Posted inFinance News, News

Thin Margins, Rising Fraud: Why Grocers Are Automating The Back Office

by Shelby Report Staff

Grocery retailers are facing cost pressures from nearly every direction, and according to Dan Kim, chief financial officer of accounts payable automation platform Ottimate, too many of them are absorbing those costs without the visibility to see where the money is going. Kim, who has served as Ottimate’s CFO since 2023 after a career spanning […]

Posted inGuest Contributors, Featured News, Finance News, Grocery Store Equipment, Hidden Profit, National, News, The Grocer's Playbook

Hidden Profit: The Power Of Knowing Your Store

by Jonathan Tan

My colleague Peter Cooke and I are approaching a combined 40 years of helping food retailers improve their operations and, ultimately, their profit. For many of these years, this was represented by best sustainable practices or a similar vernacular. Regardless of the outside wrapper, we helped real retailers – real people – identify and capture […]

Posted inFinance News, Grocery Research, National, News

Survey: ‘Reward Stacking’ Becomes Essential Tool As Inflation Squeezes Households

by Shelby Report Staff

More than 165,000 U.S. consumers surveyed by KashKick show that “reward stacking” – using cashback and micro‑earning apps alongside grocery and gas purchases – has become a popular strategy for coping with persistent inflation. The data arrives as March recorded its largest monthly consumer price increase in four years. Cashback and rewards app usage now […]

Know Your Numbers: The Financial Habits Behind Independent Grocery’s Top Performers

Jon Cline knows the grocery business from the ground up. He started bagging groceries at Safeway in high school, managed a 7-Eleven while earning his accounting degree at the University of Oklahoma, and went on to build a career spanning some of the industry’s biggest names: Arthur Andersen, Scrivner, Fleming and Supervalu. At FMS Solutions, […]