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. […]
Category: Finance News
Market moves, funding, earnings, and financial strategy across the grocery industry.
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 […]
Posted inFrozen Food, Finance News, News, Snacks Brands, West
Morinaga To Acquire My/Mochi Ice Cream, Expanding U.S. Snack Portfolio
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 […]
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 […]
Posted inAssociation News, Featured News, Finance News, Market Profile, News, Northeast
Shift In Spending Patterns Detected As DE Shoppers Navigate Economic Minefields
Julie Miro Wenger, executive director of the Delaware Food Industry Council, spoke with The Griffin Report about the busy year she and her members have had. Many challenges have arisen over the past 12-plus months, as a new administration has made some sweeping changes that affect the industry. But the state’s grocers, as is their […]
Posted inNews, Finance News, Independent Store News, Publix Super Markets, Southeast
Publix Reports Fourth Quarter, Annual Results For 2025
Publix Super Markets reported fiscal 2025 sales of $62.7 billion, a 5 percent increase from $59.7 billion in 2024. Comparable store sales for the fiscal year ended Dec. 27, 2025, increased 3.5 percent. “Our greatest asset is our associates,” said Publix CEO Kevin Murphy. “I’m proud of their dedication to continuous improvement and commitment to […]
Expert Article
From Luck To Legacy: How Independent Grocers Are Finding Gold In Data
For the independent grocer, success is measured in generations. You aren’t just selling groceries; you are building a legacy. But in a landscape dominated by corporate giants, passing down a thriving business requires more than a well-stocked shelf. It requires trading “luck” for the leverage of actionable shopper data. Mapping the modern shopper journey The […]
Posted inExecutive News, Association News, Finance News, News, West
WAFC Adds Leal As Senior Director Of Educational Programs
The Western Association of Food Chains (WAFC) has appointed Jaime Leal as senior director of educational programs. Leal has spent 34 years in the food industry, joining Costco Wholesale in 1989 at its location in City of Industry, California. In 1993, after the merger between Costco and Price Club, Leal left the warehouse to begin […]
Posted inIndependent Store News, Featured News, Finance News, Natural Grocers, News, Southwest
Natural Grocers To Host Annual Celebrate Colorado Event March 3-5
Natural Grocers will hold its seventh annual Celebrate Colorado event March 3-5, offering exclusive savings, giveaways and sweepstakes at all 45 Colorado stores. Natural Grocers has served Coloradoans with natural and organic options since 1955. What began with co-founders Margaret and Philip Isely going door to door in Golden, Colorado, to share their vision of […]
Posted inBakery News, Executive News, Finance News, Midwest, News
Sara Lee Frozen Bakery Names Laport CEO
Sara Lee Frozen Bakery has appointed Peter Laport as CEO, succeeding Craig Bahner, who is stepping down from the role. Laport brings more than three decades of experience to the Oakbrook Terrace, Illinois-based frozen baked goods manufacturer, having led consumer and food businesses across North America and global markets. He is recognized for building resilient organizations, […]
Posted inIndependent Store News, Executive News, Featured News, Finance News, News, Southeast
Houchens Industries Names Jordan White As EVP
Houchens Industries has appointed Jordan White as EVP, the Bowling Green, Kentucky-based company announced Feb. 26. White will work with executive leadership and subsidiary management teams to support strategic growth initiatives, capital deployment and operational excellence across Houchens’ portfolio of companies. “I am excited to have Jordan join the Houchens team,” said Dion Houchins, chairman […]
Posted inExecutive News, Center Store, Finance News, National, News
J.M. Smucker Appoints Two Independent Directors Following Elliott Agreement
Orrville, Ohio-based The J.M. Smucker Co. has appointed Woo-Sung “Bruce” Chung and David Singer to its board of directors effective April 15. The appointments follow engagement with Elliott Investment Management, with whom the company has entered into an information-sharing agreement to facilitate collaboration toward driving sustainable value for all shareholders. With the addition of Chung and […]
Posted inExecutive News, Association News, Bakery News, Dairy News, Deli News, Featured News, Finance News, National, News
Schwass Takes Helm At IDDBA As Haaf Departs
International Dairy Deli Bakery Association (IDDBA) CEO David Haaf has stepped down from his position effective Feb. 26, the organization’s board of directors announced. Chris Schwass, the association’s CFO, has been appointed acting CEO. Schwass, who has 28 years of experience at the Madison-Wisconsin-based organization, will lead operations while the board begins the search for […]