A&G Real Estate Partners is seeking offers for 78 Walgreens properties nationwide, including store leases, fee-owned buildings and undeveloped land parcels. The properties are available for direct lease, sublease or sale. The offering for the nation’s second-largest pharmacy chain includes 60 leaseholds for freestanding, central business district, end cap and inline locations across 22 states; […]
Category: Finance News
Market moves, funding, earnings, and financial strategy across the grocery industry.
Ingles Markets, Summer Road Trade Blows Ahead Of April 30 Proxy Vote
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. Summer Road issued its own statement disputing the grocer’s claims. The Asheville, North Carolina-based grocer is urging shareholders to vote for […]
Instacart Acquires Instaleap To Fuel International Enterprise Expansion
Instacart has acquired Instaleap, a global fulfillment and enablement solutions platform, as part of a push to expand its enterprise footprint outside North America. The move strengthens Instacart’s presence in nearly 30 countries across Europe, Latin America and the Middle East. Instaleap provides purpose-built grocery technology that includes marketplace integrations and logistics tools designed to […]
Primerica Survey: 75% Of Consumers Expect Grocery Prices To Rise
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 […]
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 […]
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 […]
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 […]
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 […]
