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 […]
Category: Finance News
Market moves, funding, earnings, and financial strategy across the grocery industry.
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, Featured News, Guest Contributors, National, News
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 […]