As Americans move past the holidays and return to everyday routines, frozen and dairy foods are emerging as essential staples that help consumers manage food budgets, reduce waste and simplify daily meal planning, according to a new press release from the National Frozen & Refrigerated Foods Association (NFRA). With their longer shelf life and ready-when-needed […]
Category: Finance News
Market moves, funding, earnings, and financial strategy across the grocery industry.
Keyed By Tally, Simbe Helps Grocers With Inventory, Workforce Issues
In a recent interview with The Shelby Report, South San Francisco-based Simbe highlighted how its autonomous retail intelligence solutions address critical inventory and operational challenges facing grocers. Simbe describes itself as the global leader in retail shelf digitization and combines artificial intelligence with robotics to provide retailers with real-time insights into store operations. The company […]
Kroger Completes Sale Of Vitacost.com To iHerb
The Kroger Co. has completed the sale of Vitacost.com Inc., an e-commerce retailer of vitamins, supplements and other health and wellness products, to iHerb LLC. The transaction closed Jan. 8. Kroger said the decision to sell Vitacost.com reflects its ongoing review of non-core assets “to determine their ongoing contribution and role within the company as […]
Albertsons Shares Q3 Results Driven By Digital
Albertsons Companies closed out the third quarter of fiscal 2025 with results that highlight the grocery chain’s ongoing push to become a technology-driven, customer-focused operation. The company reported net income of $293 million and strong growth across its digital and pharmacy channels, reinforcing CEO Susan Morris’s vision of a modernized retail experience at the company’s […]
Carbahal Transitions To Advisory Role After Decade With Raley’s
After 10 years with The Raley’s Companies, senior executive Chelsea Carbahal has transitioned into an advisory role, marking the close of a decade in which she played a central role in shaping the company’s communications, public affairs and community impact strategy. Carbahal joined Raley’s in 2015, rising to become senior leader of public relations, government […]
Kroger Debuts Yearly Checkout Feature Highlighting Customer Savings
The Kroger Co. has introduced a new Yearly Checkout feature that provides customers with a personalized summary of their 2025 savings, shopping habits and grocery preferences using their loyalty information. The annual recap is available through Feb. 28 on the app or website. The tool is part of Kroger’s effort to showcase the impact of […]
H-E-B, Market Basket Top Dunnhumby’s Grocery Ranking List
H-E-B, Market Basket and Woodman’s are the top three U.S. grocery retailers, according to dunnhumby’s ninth annual Retailer Preference Index (RPI) for U.S. Grocery, a nationwide study that examines the $1 trillion U.S. grocery market. For Texas-based H-E-B, it was the fifth first-place finish in nine years, while Tewksbury, Massachusetts-based Market Basket ranked second for […]
AppCard Acquires ShoptoCook, Expanding Digital Commerce
AppCard has acquired ShoptoCook, a Buffalo, New York-based digital marketing company known for its grocery websites, in-store kiosks, recipes and social media marketing support. The acquisition follows years of collaboration between the two companies and marks an expansion of AppCard’s ability to deliver an end-to-end digital commerce experience for grocers, shoppers and CPG partners. Together, the […]
