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 […]
Category: Finance News
Market moves, funding, earnings, and financial strategy across the grocery industry.
Posted inSoutheast, Featured News, Finance News, Ingles Markets, News
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 […]
Posted inGrocery Research, Featured News, Finance News, National, News
Report: Grocery Price Growth Easing As Egg Prices Drive Breakfast Costs Down
DoorDash has released its first quarterly State of Local Commerce update, drawing on millions of transactions across restaurants, grocery stores and everyday goods to offer a view of how prices are shifting across the U.S. The headline finding for grocery retailers: the Breakfast Basics Index is down 22.3 percent year over year, driven largely by […]
Posted inOnline Grocery Technology, Ahold Delhaize, Featured News, Finance News, National, News
Ahold Delhaize USA Rolls Out Pay By Bank Option For Online Orders
Ahold Delhaize USA has expanded its partnership with Fiserv to offer Pay by Bank on its omnichannel platform, giving online customers the option to pay directly from their bank accounts. The solution is live on the e-commerce websites and mobile apps of three Ahold Delhaize USA brands – The Giant Co., Giant Food and Stop […]
Posted inMeat/Seafood/Poultry, Finance News, Midwest, News
Entrepreneur Acquires Honey Creek Legacy, Rebrands As Legacy Maker Farms
Legacy Maker Farms officially launched following the acquisition and rebranding of Honey Creek Legacy by an investor group led by entrepreneur Steven Hershberger. The Indiana-born business leader, who brings deep experience in food manufacturing and consumer packaged goods, will serve as CEO and president of the Fairmount, Indiana-based premium beef company. “With this acquisition, we […]
Posted inMerchandising News, Featured News, Finance News, Grocery Research, National, News, Private Label Brands
Poll: 88% Of Americans Adjusting Financial Behavior As Grocery Prices Rise
Nearly nine in 10 Americans have made at least one adjustment to their financial behavior in response to economic pressures, with grocery prices ranking as the No. 1 concern, according to KeyBank’s 2026 Financial Mobility Survey Pulse Poll. The survey of 1,000 Americans ages 18-70, conducted by Schmidt Market Research in January, found that 58 […]
Posted inExecutive News, Dairy News, Featured News, Finance News, Midwest, News
Hiland Dairy Names Leibacher General Manager Of Dallas Operation
Hiland Dairy Foods Co. has promoted Mike Leibacher to general manager of its Dallas-Fort Worth operation, effective March 1. He replaces Ray Gibson, who retired after a 43-year career in the dairy industry. Gibson spent decades serving the Dallas-Fort Worth market. He began in 1982 as a route salesman with Borden Dairy, rose through a […]
Posted inCorporate Store News, Executive News, Featured News, Finance News, News, West
Grocery Outlet Appoints Allen, Thornton To Board Of Directors
Grocery Outlet Holding Corp. has appointed Frances Allen and Felicia Thornton as independent directors, effective April 1. “Frances and Felicia bring strong grocery and retail operational experience and significant strategic insight to our board,” said Eric Lindberg, chairman of Grocery Outlet’s board of directors. “Frances is an accomplished leader of nationally recognized restaurant businesses with deep […]
Posted inFinance News, Featured News, Food City, Southeast
Food City Promotes Cox To CFO, Baldwin To Finance VP
Food City has promoted Paul Cox to SVP and CFO and Sara Baldwin to VP of finance following the retirement of longtime CFO Eddie Neely. Cox also will join the company’s board of directors. “We would like to thank Eddie for his dedication and commitment, and the impact he has made on our company’s continued […]
Posted inIndependent Store News, Featured News, Finance News, News, Publix Super Markets, Southeast
Publix Opens New Supermarket In Spring Hill, FL
Publix Super Markets opened its newest location April 2 at 160 Mariner Blvd. in Spring Hill, Florida. The 48,387-square-foot store features full-service bakery, deli, seafood and pharmacy departments along with an upstairs seating area that is designed to encourage customers to dine on-site. “We’re excited to welcome customers to their new Spring Hill Publix and […]
Posted inFeatured News, Finance News, News, Southeast
Ingles Markets Urges Shareholders To Reject Sackler-Affiliated Director Nominee
Ingles Markets has filed a definitive proxy statement with the Securities and Exchange Commission ahead of its April 30 annual meeting, urging shareholders to reject a director nominee affiliated with members of the Sackler family. The Asheville, North Carolina-based grocer is recommending that shareholders vote for its two independent director candidates, Dwight Jacobs and Rebekah […]
Posted inGuest Contributors, Crossroads, Featured News, Finance News, National, News, The Grocer's Playbook
Crossroads: How Cap Rates, Lease Terms Affect Grocery Store Property Value
In a previous column, we discussed building businesses to last and some of the factors that influence valuation. Today, we will take a closer look at one area that often creates confusion – the valuation of real estate in the grocery industry. Nerd alert: This one is a little more technical, but I believe it […]
Posted inBeverage News, Executive News, Finance News, News, Southeast
Coke Florida Promotes Calhoun VP, Chief Of Staff To CEO
Coca-Cola Beverages Florida has appointed Reagan Calhoun as VP and chief of staff to Chairman and CEO Troy Taylor. Calhoun joins from The Coca-Cola Co., where she most recently served as VP of finance-marketing for the North America Operating Unit (NAOU). She has more than 20 years of experience across the Coca-Cola system spanning marketing, […]
Posted inFeatured News, Center Store, Finance News, National
McCormick To Combine With Unilever’s Foods Business
McCormick & Company Inc. (NYSE: MKC) and Unilever PLC (LSE: ULVR / NYSE: UL) have announced an agreement to combine McCormick with Unilever’s Foods business, creating a global flavor company with $20 billion in combined fiscal year 2025 revenue. Under the terms of the agreement, Unilever and its shareholders are expected to receive shares equating […]
Posted inSouthwest, Featured News, Finance News, Independent Store News, News
Homeland Closing, Consolidating Stores As Part Of ‘Comeback’
In a March 26 post on its Facebook page, Homeland announced that it will close four stores in Oklahoma and consolidate six others into three. Homeland said in the post that it had informed employees of the changes the previous day, explaining the moves as “important steps to strengthen our company and better serve our […]
Posted inExecutive News, Center Store, Finance News, Midwest, News
General Mills Names Ness Chief Supply Chain Officer
General Mills (NYSE: GIS) has appointed Jonathan Ness as chief supply chain officer. Ness reports to chairman and CEO Jeff Harmening, joins the company’s senior leadership team and oversees global supply chain operations. Ness had been serving as interim chief supply chain officer since late January. He had previously served as VP of global supply […]
Posted inOnline Grocery Technology, Finance News, National, News
ReposiTrak, SPAR Group Launch ‘Surge Merchandising’ Platform For Retailers
ReposiTrak (NYSE: TRAK) and SPAR Group (NASDAQ: SGRP) have announced a strategic partnership to deploy a national solution designed to help retailers improve on-shelf availability, reduce store-level labor strain and ensure that products reach the shelf quickly and consistently. The integrated service pairs ReposiTrak’s inventory intelligence technology with SPAR’s nationwide on-demand workforce, giving retailers a […]
Posted inExecutive News, Featured News, Finance News, Independent Store News, West
Teel To Lead The Raley’s Companies Following Knopf’s Departure
The Raley’s Companies has announced a leadership transition, with President and CEO Keith Knopf departing after 11 years and owner and Chairman Mike Teel returning to the CEO role he previously held before Knopf joined the company. “After 11 fulfilling years of service, I have reached a natural inflection point, and having achieved significant milestones, […]
Posted in, Finance News, News
Nude Foods Market Reports Growth Following ‘Shark Tank’ Appearance
Nude Foods Market, a Colorado-based, female-founded grocery company built around eliminating single-use plastic, is seeing a surge in national attention following its appearance on ABC’s “Shark Tank,” which aired March 11. Co-founders Verity Noble and Rachel Irons entered the Tank asking for $250,000 in exchange for a 5 percent stake in their zero-waste grocery operation, […]
Posted inOnline Grocery Technology, Corporate Store News, Finance News, National, News, Walmart
Walmart, VIZIO Unveil Content-To-Commerce Integrations At IAB NewFronts
Walmart and VIZIO took the stage during the 2026 IAB NewFronts to announce new platform integrations, a first-to-market branded content deal with L’Oréal and early connected TV campaign results – accelerating the buildout of a content-to-commerce ecosystem that connects streaming audiences to retail purchases. Walmart completed its acquisition of VIZIO in December 2024. The NewFronts […]