The Raley’s Companies has announced a leadership transition, with President and CEO Keith Knopf departing after 11 years and owner and Chairman Mike Teel returning to the CEO role he previously held before Knopf joined the company. “After 11 fulfilling years of service, I have reached a natural inflection point, and having achieved significant milestones, […]
Category: Finance News
Market moves, funding, earnings, and financial strategy across the grocery industry.
Posted in, Finance News, News
Nude Foods Market Reports Growth Following ‘Shark Tank’ Appearance
Nude Foods Market, a Colorado-based, female-founded grocery company built around eliminating single-use plastic, is seeing a surge in national attention following its appearance on ABC’s “Shark Tank,” which aired March 11. Co-founders Verity Noble and Rachel Irons entered the Tank asking for $250,000 in exchange for a 5 percent stake in their zero-waste grocery operation, […]
Posted inOnline Grocery Technology, Corporate Store News, Finance News, National, News, Walmart
Walmart, VIZIO Unveil Content-To-Commerce Integrations At IAB NewFronts
Walmart and VIZIO took the stage during the 2026 IAB NewFronts to announce new platform integrations, a first-to-market branded content deal with L’Oréal and early connected TV campaign results – accelerating the buildout of a content-to-commerce ecosystem that connects streaming audiences to retail purchases. Walmart completed its acquisition of VIZIO in December 2024. The NewFronts […]
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 […]