Morinaga & Co., a leading global confectionery manufacturer, has entered into a definitive agreement to acquire My/Mochi Ice Cream, the largest mochi ice cream brand in the United States. The acquisition unites two businesses with strong brand heritage and complementary capabilities. My/Mochi will join Morinaga’s portfolio of brands, including HI-CHEW, HI-SOFT and Chargel. “In welcoming […]
Category: Finance News
Market moves, funding, earnings, and financial strategy across the grocery industry.
Posted inMeat/Seafood/Poultry, Executive News, Featured News, Finance News, National, News
NPPC Honors Parker For Four Decades Of Pork Industry Leadership
The National Pork Producers Council (NPPC) recognized John Parker with the Paulson-Whitmore State Executive Award during the National Pork Industry Forum, honoring his 40-plus years as executive secretary of the Virginia Pork Council. The award was presented in partnership with the National Pork Board (NPB). Parker’s tenure shaped Virginia’s agricultural community, producer-funded promotion and research […]
Posted inOnline Grocery Technology, Featured News, Finance News, Merchandising News, National, News, Walmart
Walmart To Deploy Digital Shelf Labels Chainwide Within A Year
Walmart is accelerating its rollout of digital shelf labels (DSLs) chainwide, with about 2,300 locations already using the technology and full deployment expected within the next year. Price updates are people-led, with employees reviewing and pushing approved changes through a secure system, typically outside of shopping hours, so prices remain stable and consistent during the […]
Posted inAssociation News, Featured News, Finance News, Midwest, News
MGA Presents 2026 Legislator Of The Year Awards
The Minnesota Grocers Association (MGA) honored Rep. Dave Baker (R-Willmar) and Sen. Susan Pha (D-Brooklyn Center) as its 2026 Legislators of the Year during the association’s annual Legislative Dinner at The University Club in St. Paul. The lawmakers were recognized for their roles in securing continued funding for the MGA Foundation’s Carts to Careers initiative, […]
Posted inSupply Chain News, Featured News, Finance News, Grocery Research, National, News
Report: 86% Of Supply Chain Leaders Feeling Tariff Impact
Trade policy uncertainty is forcing supply chain leaders into difficult choices across pricing, sourcing and inventory, according to a preview of RELEX Solutions’ third annual State of the Supply Chain report. The findings, drawn from a January survey of 514 retail, manufacturing, wholesale and supply chain leaders, show 86 percent have felt the effects of […]
Posted inCorporate Store News, Featured News, Finance News, News, West
Grocery Outlet To Close 36 Stores Due To $224.9M Net Loss In Fiscal 2025
Grocery Outlet Holding Corp. (NASDAQ: GO) reported a net loss of $224.9 million for fiscal 2025, a dramatic swing from the $39.5 million net profit posted the prior year, as the retailer absorbed $149 million in goodwill impairment charges, $113.8 million in non-cash asset impairment and $45.9 million in restructuring costs. Despite those headline losses, […]
Posted inMeat/Seafood/Poultry, Association News, Featured News, Finance News, National, News
Shelby Exclusive: FMI’s Harig Discusses Key Factors Impacting Food Prices
Shelby Publishing’s Maggie Kaeppel recently visited with Andy Harig, FMI – The Food Industry Association’s VP of tax, trade, sustainability and policy development, to add additional economic context on the state of the industry following the Annual Meat Conference, which was held March 2-4 in Baltimore, Maryland. What forces are having the greatest impact on […]
Posted inMeat/Seafood/Poultry, Association News, Featured News, Finance News, National
Meat Institute Backs USDA Line Speed Rule Changes for Pork, Poultry
The Meat Institute has said the U.S. Department of Agriculture’s (USDA) Food Safety and Inspection Service (FSIS) proposed rule changes concerning pork and poultry processing rates will increase production and innovation, helping to ease prices for consumers and benefit livestock and poultry producers. “The Meat Institute has supported changes to line speed rules for pork […]