Three-quarters of middle-income Americans expect grocery prices to continue climbing over the next six months, according to Primerica’s Q1 2026 Financial Security Monitor survey. The finding is part of a broader pattern of rising cost expectations reshaping how households with incomes between $30,000 and $130,000 manage their budgets. The survey found that 80 percent of […]
Category: Finance News
Market moves, funding, earnings, and financial strategy across the grocery industry.
Posted inExecutive News, Featured News, Finance News, National, News
Conagra Brands Names J.M. Smucker President, COO Brase As CEO
Conagra Brands has appointed John Brase as president and CEO, effective June 1. Brase, who will also join the company’s board of directors, succeeds Sean Connolly, who is stepping down after more than a decade leading the Chicago-based food company. Brase most recently served as president and COO of The J.M. Smucker Co., where he […]
Posted inDairy News, Finance News, News, West
Francisco Foods To Acquire Rizo-Lopez Foods Assets Out Of Bankruptcy
Valley Milk a California dairy ingredient producer, has formed Francisco Foods, a new joint venture that has acquired substantially all assets of Rizo-Lopez Foods out of bankruptcy proceedings in the U.S. Bankruptcy Court for the Eastern District of California. The deal preserves the Tío Francisco brand and keeps the Modesto, California-based operation’s workforce and customer […]
Posted inIndependent Store News, Featured News, Finance News, Grocery Research, National, News
Survey: Consumers Spend 37% Of Grocery Budget At Independent Stores
Americans spend a larger share of their grocery budget at independent stores than in any other retail category, according to a new survey from OnDeck in partnership with research consultancy Censuswide. The finding underscores the role independent grocers play in local economies even as consumers navigate an era of online convenience and corporate scale. The […]
Posted inSoutheast, Featured News, Finance News, Ingles Markets, News
Ingles Issues In-Depth Investor Warning Ahead Of Proxy Fight
Ingles Markets has released an investor presentation ahead of its April 30 annual meeting, intensifying its opposition to a director nominee put forward by Summer Road LLC, the family investment office of David Sackler. The Asheville, North Carolina-based grocer is urging shareholders to vote for its two independent director candidates – Rebekah Lowe and Dwight […]
Posted inGrocery Research, Featured News, Finance News, National, News
Report: Grocery Price Growth Easing As Egg Prices Drive Breakfast Costs Down
DoorDash has released its first quarterly State of Local Commerce update, drawing on millions of transactions across restaurants, grocery stores and everyday goods to offer a view of how prices are shifting across the U.S. The headline finding for grocery retailers: the Breakfast Basics Index is down 22.3 percent year over year, driven largely by […]
Posted inOnline Grocery Technology, Ahold Delhaize, Featured News, Finance News, National, News
Ahold Delhaize USA Rolls Out Pay By Bank Option For Online Orders
Ahold Delhaize USA has expanded its partnership with Fiserv to offer Pay by Bank on its omnichannel platform, giving online customers the option to pay directly from their bank accounts. The solution is live on the e-commerce websites and mobile apps of three Ahold Delhaize USA brands – The Giant Co., Giant Food and Stop […]
Posted inMeat/Seafood/Poultry, Finance News, Midwest, News
Entrepreneur Acquires Honey Creek Legacy, Rebrands As Legacy Maker Farms
Legacy Maker Farms officially launched following the acquisition and rebranding of Honey Creek Legacy by an investor group led by entrepreneur Steven Hershberger. The Indiana-born business leader, who brings deep experience in food manufacturing and consumer packaged goods, will serve as CEO and president of the Fairmount, Indiana-based premium beef company. “With this acquisition, we […]