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 […]
Category: Finance News
Market moves, funding, earnings, and financial strategy across the grocery industry.
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, Featured News, Finance News, National, News
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 […]