Latest Finance News - Page 3 of 13 - Grocery Industry
Posted inFinance News, Association News, Featured News, National, News

NGA Opposes OCC Rule Allowing Banks To Set Swipe Fees Via Third Parties

The National Grocers Association (NGA) has submitted comments to the Office of the Comptroller of the Currency (OCC) opposing an interim final rule that would permit national banks to establish interchange (swipe) fees through third‑party arrangements rather than through bank‑to‑bank competition. The rule revises 12 C.F.R. § 7.4002 and relates to the Illinois Interchange Fee […]

Posted inFinance News, Crossroads, Featured News, Guest Contributors, National, News, The Grocer's Playbook

Crossroads: Beyond The Store – Financial Balance In Independent Grocery

By Grant Fossum, AIF, RFC | ProWealth Financial   Independent grocers understand diversification better than those in most other industries. Inside the store, balance is built into daily operations – meat and produce drive traffic, center store drives volume, service departments drive margin and the front end shapes the customer experience. Outside the store, that […]

Posted inFinance News, Corporate Store News, Featured News, News, Southwest, Walmart

Walmart U.S. 1Q Comps Up 4.1%, E-Comm 26%

Walmart characterized the first quarter of fiscal 2027 for its U.S. division as one of “strong sales, with broad-based share gains, reflecting accelerated customer transactions led by e-commerce growth.” Reporting results May 21 for the quarter ended April 30, Walmart said its U.S. comparable store sales increased by 4.1 percent, excluding fuel. U.S. net sales […]

Posted inFinance News, Grocery Research, National, News

Circana’s Purchase To Consumption Tool Highlights $100M Opportunity Gap

Circana has rolled out its Purchase to Consumption solution, a tool that links verified purchase behaviors from the company’s receipt panel with National Eating Trends (NET) consumption behaviors from the same consumers. The solution provides the consumer packaged goods industry with what Circana calls a “holistic” understanding of the food and beverage journey. It closes […]

Posted inFinance News, Association News, National, News

Food-At-Home Prices Jump 0.7% As Energy Costs Squeeze Supply Chain

Food-at-home prices rose 0.7 percent in April – the sharpest monthly increase so far this year – as energy market disruptions and ongoing supply chain pressures pushed grocery costs higher for American families and retailers alike. The U.S. Bureau of Labor Statistics reported May 12 that the overall Consumer Price Index for All Urban Consumers […]

Posted inFinance News, Featured News, Grocery Research, National, News

NRF: Retail Sales Rose For Seventh Consecutive Month In April

Retail sales grew for the seventh straight month in April despite rising gas prices and persistent inflation, according to the CNBC/NRF Retail Monitor released May 13 by the National Retail Federation. Total retail sales, excluding automobile dealers and gasoline stations, rose 0.34 percent month over month on a seasonally adjusted basis and 5.73 percent year […]

Posted inFinance News, Association News, Featured News

Report: Independent Grocers Generate $557.5B In Annual Economic Activity

According to a new economic impact analysis released today by the National Grocers Association, independent supermarket operators generate $557.5 billion in total annual economic activity, representing nearly 2 percent of U.S. gross domestic product. The report, conducted by Arizona State University using store-level retail sales data from NielsenIQ’s TDLinx platform, found that independent grocers account […]

Posted inFinance News, Featured News, Grocery Research, National, News

Upside Report Reveals A Growing Income Divide In Consumer Spending

Upside’s new report “The Income Divide” reveals that high- and low-income consumers are making fundamentally different decisions about where and how much to spend. The findings, drawn from more than 10 billion transactions and surveys of 3,500-plus shoppers, show consumer behavior splits sharply at $75,000 in household income. Above that threshold, consumers report increased spending […]

Posted inFinance News, Hy-Vee, News, Online Grocery Technology, Raley's, West, Woodman’s

Instacart Reaches $1B In Total Revenue For First Time

Instacart achieved two first-time financial milestones in the first quarter, chalking them up to “continuously improving what matters most to consumers: selection, quality, affordability and convenience.” GTV, or gross transaction value, was up 13 percent to hit $10.29 billion on 91.2 million orders (up 10 percent), and total revenue reached $1.02 billion, an increase of […]

Posted inFinance News, Featured News, Ingles Markets, News, Southeast

Showdown Over Ingles’ Board Vote Results In Election Of Held

Asheville, North Carolina-based Ingles Markets Inc. has shared preliminary voting results from its 2026 Annual Meeting of Shareholders, with Rory Held and Dwight Jacobs elected as Class A directors. Held was the nominee put forward by activist investor Summer Road LLC. In the same vote, Fred D. Ayers, Robert P. Ingle II, Patricia E. Jackson, […]

Posted inFinance News, Featured News, Grocery Research, National, News

Ibotta Outlook: Shoppers Reallocate Spend Heading Into Summer 2026

A new 2026 Summer Outlook from Ibotta finds that the summer shopping season is starting weeks before Memorial Day, with shoppers reallocating spend away from convenience and discretionary categories toward staples and at-home consumption. The report draws on Ibotta receipt data across millions of purchases, supplemented by a survey of 500 consumers about their plans […]

Posted inFinance News, Featured News, News, Southeast

AL Grocers Face State Tax Holiday As National Rollback Accelerates

Beginning May 1, Alabama grocers will stop collecting the state’s 2 percent sales tax on food for two months under House Bill 527. But as the Alabama Department of Revenue has made clear, the temporary holiday comes with important operational considerations for retailers – and Alabama is far from alone in the push to cut […]

Posted inFinance News, Crossroads, Featured News, Guest Contributors, National, News, The Grocer's Playbook

Crossroads: Beyond Value – Factors Impacting Decision To Sell

Life is complicated. Every decision creates a ripple effect, and no meaningful decision is ever driven by a single factor. Few choices carry more weight for a business owner than the decision to buy or sell. The decision to purchase often is made at a relatively young age, at a stage when there’s not much […]

Posted inNews, Featured News, Finance News, Ingles Markets

Proxy Advisors Back Summer Road’s Nominee for Ingles Board; Grocer Fires Back With Sackler Trust Details

The proxy fight between Ingles Markets and Sackler-affiliated investment firm Summer Road LLC escalated this week as all three major independent proxy advisory firms recommended shareholders vote for Summer Road’s nominee, while Ingles responded with an open letter alleging deeper ties between that person and the Sackler family than previously disclosed. The contest centers around […]

Posted inFinance News, National, News

A&G Real Estate Markets 78 Walgreens Properties Across 22 States

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; […]

Posted inFinance News, Featured News, Ingles Markets, News, Southeast

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 […]

Posted inOnline Grocery Technology, Featured News, Finance News, Grocery Store Equipment, National, News

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 […]

Posted inFinance News, Featured News, Grocery Research, National, News

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 […]

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 […]