Latest Finance News - Page 5 of 13 - Grocery Industry
Posted inCorporate Store News, Feature, Finance News, West

Store Closings Part Of Grocery Outlet Turnaround

Grocery Outlet’s top executive was candid in his remarks to the investment community during the grocer’s earnings call March 4. Jason Potter, who took over as president and CEO of Emeryville, California-based Grocery Outlet in February 2025 after nearly five years as CEO of upscale retailer The Fresh Market, said, “I joined Grocery Outlet because […]

Posted inSnacks Brands, Finance News, Midwest, News, Northeast

CK Snacks Acquires Keystone Food Products

CK Snacks (Cheeze Kurls LLC) has acquired Keystone Food Products, expanding the Grand Rapids, Michigan-based private label snack platform to three manufacturing facilities across complementary geographies. Founded in 1946, Keystone is a snack food manufacturer and co-packer based in Easton, Pennsylvania. It specializes in masa and cooked corn tortilla chips, baked and fried extruded snacks, […]

Posted inAssociation News, Featured News, Finance News, News, Northeast

PFMA Announces 2026 PA DECA Scholar

The Pennsylvania Food Merchants Association (PFMA) has named Rishabh Jain of Downingtown STEM Academy as its 2026 PA DECA Scholar. Jain, a senior, compiled four years of competitive achievement, chapter leadership and community entrepreneurship in DECA. At the Pennsylvania State Career Development Conference, he placed first in entrepreneurship events. He followed that with a fourth-place […]

Posted inSnacks Brands, Finance News, Health & Wellness, News, Southeast, West

Woman-Owned Pretzel Co. Gets Growth Investment

Pretzel maker Stellar Snacks has announced a minority growth investment from Main Post Partners that is expected to expand the better-for-you snack brand’s distribution footprint, production capacity and innovation. Carson City, Nevada-based Stellar Snacks was founded by mother-daughter entrepreneurs Elisabeth and Gina Galvin. Their company manufactures non-GMO, Kosher, vegan pretzels using clean ingredients and then […]

Posted inIndependent Store News, Featured News, Finance News, Harps Food Stores, National, News

Harps To Deploy SmartMeals AI Shopping Assistant

Harps Food Stores will deploy SmartMeals, AWG’s artificial intelligence-powered shopping assistant built by Breez AI, across its network of more than 150 stores. The announcement came during the AWG Innovation Showcase, where independent grocers gathered to explore technologies shaping the future of grocery retail. The rollout makes Harps one of the largest operators in the […]

Posted inWholesaler/Distributor News, Anniversary Issues, Associated Wholesale Grocers, Feature, Featured News, Finance News, Midwest, News, Wholesaler/Distributor of the Year

AWG’s Cooperative Strength Positions Independent Grocers For Future

As Associated Wholesale Grocers (AWG) celebrates its 100th anniversary in 2026, the cooperative is reflecting on a century defined by independent spirit, shared success and an unwavering commitment to its members – while keeping its focus firmly on what comes next. Founded in 1926 by a group of independent grocers who believed they were stronger […]

Posted inIndependent Store News, Featured News, Finance News, News, Vallarta Supermarkets, West

Vallarta To Celebrate New Supermarket In Rancho Cucamonga, CA

Vallarta Supermarkets will open a 60,000-square-foot store April 1 at 9040 Foothill Blvd. in Rancho Cucamonga, California, marking the chain’s sixth Inland Empire location and its second store opening of 2026. The Rancho Cucamonga store is the first in the Vallarta network to feature Costa de Oro, a new in-store seafood restaurant concept the company […]

Posted inCorporate Store News, Featured News, Finance News, News, Southeast

Amazon, Winn-Dixie Expand Grocery Delivery To Greater Tampa Bay Area

Amazon and The Winn-Dixie Co. expanded their grocery delivery partnership to the Greater Tampa Bay area, adding six counties and dozens of communities to a service that reaches nearly 100 cities and towns across Florida and South Georgia. Customers in Hillsborough, Pasco, North Pinellas, Polk, Manatee and Sarasota counties can order from more than 15,000 […]

Posted inIndependent Store News, Executive News, Featured News, Finance News, News, Southwest

Brookshire Brothers Promotes 4 Executives In Leadership Restructuring

Lufkin, Texas-based Brookshire Brothers has announced four executive promotions, elevating longtime company veterans into senior leadership roles across operations, finance, accounting and legal services. Clay Oliver moves from CFO to COO, while Jessica Brown steps up from VP of accounting and treasury to CFO. In addition, Stephanie Cole is the new VP of accounting, and Jeff […]

Posted inOnline Grocery Technology, Finance News, News, Southeast

ECRS Standardizes Third-Party Access To CATAPULT Platform

ECRS has released updated third-party integration and application programming interface (API) guidance, a formal framework defining how retailers and solution providers can connect with its CATAPULT point-of-sale platform through standardized, reusable API endpoints. The documentation is designed to reduce technical friction for integrators while protecting the platform’s stability across high-volume retail environments. Why standardization matters […]

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

Instacart, NVIDIA Build AI Platform to Unify In-Store, Online Grocery Retail

Instacart is building what it calls a “grocery world model” – a continuous learning artificial intelligence system that connects physical store data from its Caper Cart smart shopping carts with its online commerce platform in collaboration with NVIDIA. The initiative represents how it intends to use its scale across 2,200-plus retail banners and 100,000-plus locations […]

Posted inIndependent Store News, Featured News, Finance News, Harps Food Stores, News, Southeast

Harps Food Stores To Acquire 18 Stores From Dyer Foods In TN, KY

Harps Food Stores has entered into a purchase agreement to acquire 18 stores from Joey and Jeanie Hays, owners of independent grocery operator Dyer Foods, with 17 of the locations in western Tennessee and one in Kentucky. Both parties anticipate completing the transaction by this summer, with store banners, employment and operations continuing with minimal […]

Posted inIndependent Store News, Featured News, Finance News, Meijer, Midwest, News

Meijer To Open 3 New Stores On May 6

Meijer will open three new stores May 6 – 159,000-square-foot supercenters in Bainbridge Township, Ohio, and Brownsburg, Indiana, and a 47,000-square-foot grocery store in Rochester Hills, Michigan. The openings bring Meijer’s Ohio store count to 59, Indiana to 44 and add a third grocery location in Michigan, where it has 125 supercenters and market format […]

Posted inDairy News, Executive News, Featured News, Finance News, National, News

Schuman Cheese Begins Fourth-Generation Leadership Transition

Schuman Cheese has begun a leadership transition, elevating three fourth-generation family members into senior roles 81 years after the company’s founding. Allison Schuman has been named CEO, moving up from her previous role as chief revenue officer. Neal Schuman, who previously served as CEO, becomes chairman. Ian Schuman will serve as president of global, overseeing […]

Posted inIndependent Store News, Executive News, Featured News, Finance News, News, West

HGG Appoints Hinojosa CEO Following National Search

Ontario, California-based Heritage Grocers Group (HGG) appointed David Hinojosa as CEO following a board-led national search. Hinojosa, a 30-year retail veteran with experience across the U.S., Australia and Asia, will lead the 115-store ethnic grocery operator’s next phase of growth. He most recently served as COO at Vallarta Supermarkets, which he joined in 2023. His career includes […]

Posted inSustainability News, Corporate Store News, Finance News, News, West

Sprouts Invests In AZ Solar, Battery Storage Project

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 […]

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 […]