Ben & Jerry’s Homemade Inc. has announced a series of steps to strengthen its governance and reaffirm the responsibilities of the company’s board. The actions aim to preserve and enhance the brand’s historical social mission and safeguard its integrity following the ice cream maker’s transition to new parent company The Magnum Ice Cream Co. (TMICC). […]
Category: Finance News
Market moves, funding, earnings, and financial strategy across the grocery industry.
Posted inOnline Grocery Technology, Finance News, National, News
Survey: Online Grocery Pushes Retailers To Reimagine In-Store Experience
After three years of contraction, online grocery sales are growing again, but the real economic opportunity for retailers lies in turning digital demand into valuable in-store experiences, according to a new study from SymphonyAI. The findings highlight a structural shift in grocery e-commerce behavior and point to a new retail model powered by artificial intelligence. […]
Posted inIndependent Store News, Anniversary Issues, Finance News, News, Rouses Market, Southeast, Special Section
Rouses Chairman: ‘We’ll Keep Trying To Get Better Forever’
As Rouses Markets celebrates its 65th anniversary, Chairman Donald Rouse Sr. reflects on the roots of the family-owned company and looks to the future with the third generation leading the way. Rouse said his father, Anthony J. Rouse Sr., set the standard for the company with his humility and strong work ethic. “He would never […]
Posted inIndependent Store News, Anniversary Issues, Finance News, News, Rouses Market, Southeast, Special Section
Third-Generation Rouses CEO: ‘We’re The No. 1 Grocer’ Along Gulf Coast
For Donny Rouse, president and CEO of Rouses Markets, the story of the company’s past and its vision for the future always come back to family, community and the Gulf Coast culture that shaped them both. “It first starts with my grandfather and his passion and energy for the business and willing to do anything […]
Posted inSnacks Brands, Association News, Finance News, National, News
Winter Holidays Drive Chocolate, Candy Sales As Seasonal Traditions Endure
The winter holiday season remains the most important sales period of the year for chocolate and candy, driven by strong consumer traditions around gifts, entertaining and everyday indulgence, according to new data and seasonal insights from the National Confectioners Association (NCA). NCA research shows that 95 percent of Americans celebrate with chocolate and candy across […]
Posted inOnline Grocery Technology, Finance News, National, News
RELEX Solutions Acquires Ida To Strengthen Fresh Store Ordering Capabilities
RELEX Solutions, a provider of unified artificial intelligence-driven supply chain and retail planning software, has acquired Ida, a Paris-based SaaS developer of AI-native fresh replenishment and store ordering optimization technology. The acquisition enhances RELEX’s platform with new capabilities aimed at improving fresh and ultra-fresh category planning for grocery retailers worldwide. Ida’s software focuses on replenishment […]
Posted inIndependent Store News, Anniversary Issues, Finance News, Midwest, News, Special Section
Busch’s Fresh Food Market Honors Its Roots – Quality, Partners, Community
As Busch’s Fresh Food Market enters its next 50 years, the family-owned Michigan grocer is strengthening its foundation through strategic investment in people, technology and community. The company’s mission remains clear: deliver an exceptional fresh food experience while staying true to the neighborhood-focused culture that has defined Busch’s for generations. The momentum at Busch’s is […]
Posted inOnline Grocery Technology, Finance News, National, News, The Kroger Co.
Looma Expands Retail Media Network Into 600 Kroger Stores
Looma, an in-store retail media platform, has raised $13 million in new capital to accelerate expansion of its digital media network, including a rollout into nearly 600 Kroger stores nationwide. The funding includes $10 million in Series B investment led by Staley Capital and a $3 million credit facility from Silicon Valley Bank, a division […]