Sprouts Farmers Market has signed a tax credit transfer agreement with Schneider Electric, U.S. Bank and Longroad Energy to help finance the Sun Pond Solar + Battery Energy Storage System project in Maricopa County, Arizona, where the grocer is headquartered. The 111 MWdc solar and 85 MWac / 340 MWh storage project is operational. It […]
Category: Finance News
Market moves, funding, earnings, and financial strategy across the grocery industry.
Posted inOnline Grocery Technology, Association News, Featured News, Finance News, National, News, Nonfood Items
AI Experts Urge Retailers To Move Beyond Simple Automation
Artificial intelligence (AI) can help retailers unlock hidden revenue in underperforming inventory, improve customer targeting and streamline operations — but only if companies stop treating it as a time-saving shortcut and start using it as a strategic tool. That was the message from two digital commerce experts during a keynote at The Inspired Home Show […]
Posted inWholesaler/Distributor News, Finance News, News, Northeast, UNFI
UNFI Posts Q2 Profit Turnaround As Network Optimization Drives Margin Gains
United Natural Foods Inc. (NYSE: UNFI) reported second quarter fiscal 2026 net income of $20 million, reversing a $3 million net loss in the same period a year ago, as cost discipline and distribution network restructuring more than offset a 2.6 percent decline in net sales to $7.9 billion. Adjusted earnings before interest, taxes, depreciation […]
Posted inOnline Grocery Technology, Executive News, Featured News, Finance News, News, Southeast
ECRS Names Rosner Chief Revenue Officer
ECRS, a Boone, North Carolina-based retail technology company, has named Merrick Rosner chief revenue officer. Rosner brings more than a decade of executive experience in retail technology and previously served on the National Retailer Advisory Board of the Independent Grocers Alliance (IGA). In his new role, Rosner will oversee customer experience, sales operations and strategic […]
Posted inMeat/Seafood/Poultry, Executive News, Featured News, Finance News, National, News
NPPC Elects New Officers, Board Members For 2026-27 Term
The National Pork Producers Council (NPPC) elected new officers and board members to lead the organization through the 2026-27 term, tapping a mix of multi-generational family farmers and large-scale production executives to guide its national advocacy agenda. Rob Brenneman of Washington, Iowa, was elected president. Brenneman owns and operates Brenneman Pork and has served on […]
Posted inIndependent Store News, Featured News, Finance News, News, West
Oliver’s Market Plans Fifth Store In Santa Rosa, CA
Oliver’s Market, an employee-owned independent grocer, is under contract to purchase Farmer’s Lane Plaza at 1501-1591 Farmer’s Lane in Santa Rosa, California, where it will open a fifth location in a 35,500-square-foot space formerly occupied by Rite Aid. The deal is expected to close April 1, with construction beginning immediately and a 2027 opening targeted. […]
Posted inSnacks Brands, Association News, Featured News, Finance News, National, News
NCA Report: U.S. Confectionery Sales Climb To $55B In 2025
Americans spent a record $55 billion on chocolate, candy, gum and mints in 2025, and the category shows no signs of slowing down, according to the National Confectioners Association’s (NCA) 2026 State of Treating report. Sales are projected to grow an additional $7.3 billion over the next five years, reaching $62.2 billion across all outlets […]
Posted inBeverage News, Featured News, Finance News, National, News
Royal Cup To Acquire Farmer Brothers Coffee
Royal Cup Coffee & Tea has signed an agreement to acquire Farmer Brothers Coffee Co. (NASDAQ: FARM) for $1.29 per share in an all-cash transaction, combining two B2B coffee suppliers with nearly 250 years of combined industry experience. The transaction is expected to close during Farmer Brothers’ fiscal fourth quarter ending June 30, pending approval […]