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