Latest Finance News - Page 8 of 13 - Grocery Industry
Posted inSupply Chain News, Finance News, National, News

Registrar Corp. Acquires TechniCAL, Expands Safety Capabilities

Registrar Corp has acquired TechniCAL, an independent process authority for low-acid and acidified foods. The acquisition combines Registrar Corp’s global regulatory compliance expertise with TechniCAL’s thermal processing validation and testing capabilities. Together, the companies provide complete regulatory and safety support for producers of shelf-stable packaged foods and beverages. Market drivers Consumer demand for convenience and […]

Posted inProduce News, Finance News, National, News

Shore Capital Forms Produce One Through Partnership, Acquisition

Shore Capital Partners has formed Produce One, a specialty produce distribution platform, through a partnership with Premier ProduceOne and the acquisition of Native Maine Produce. The platform combines Premier ProduceOne’s statewide distribution coverage across Ohio with Native Maine’s Northeast-focused distribution network across Maine, Connecticut and New York. Shore Capital plans to partner with additional produce […]

Posted inExecutive News, Featured News, Finance News, Independent Store News, Midwest, News, Southeast, Southwest

Second Annual HFG Awards Program Honors 15 Store Managers From 6 States

Houchens Food Group continued its Store Manager Appreciation Awards for the second year, culminating with the announcement of the 2025 HFG Store Manager of the Year. The company recently hosted 15 lunch banquets divided by region and banner. The events included individual recognition of store managers, as well as a selection of other awards. In […]

Posted inGuest Contributors, Crossroads, Finance News, National, News, The Grocer's Playbook

Crossroads: Built-To-Last Factors Impacting Value

As we have discussed before, understanding the value of a business is important at every stage of its life. By tracking value over time, we can see its trajectory. By understanding the factors that impact value, we can better identify where to focus our time, energy and investment. In the grocery industry, there are multiple […]

Posted inIndependent Store News, Finance News, Market Profile, Midwest, News

Independent Grocers Face Pricing Pressures, Rural Store Closures In ND

Independent grocers across North Dakota face mounting pressure from several directions, according to John “Jiggs” Dyste, president of the North Dakota Grocers Association. “Independent grocers are being squeezed by big-box stores and food manufacturers,” Dyste said. “Unfair pricing is the main problem driving consumers to big-box stores.” The challenges come as North Dakota’s economy undergoes […]

Posted inExecutive News, Center Store, Finance News, National, News

J.M. Smucker Eliminates COO Role, Expands CFO, Supply Chain Leadership

The J.M. Smucker Company has announced a leadership restructuring that eliminates the chief operating officer position and expands responsibilities for its chief financial officer and newly created chief product supply officer. The Orrville, Ohio-based food manufacturer said the changes, effective Feb. 9, are designed to advance long-term growth strategy, further momentum among its brand portfolio […]

Posted inAssociation News, Finance News, National, News

NRF Reports Retail Sales Post Fourth Monthly Gain

Retail sales showed moderate monthly growth and strong year-over-year gains in January, marking the fourth consecutive month of increases, according to the CNBC/NRF Retail Monitor released by the National Retail Federation. Total retail sales, excluding automobile dealers and gasoline stations, were up 0.2 percent seasonally adjusted month over month and up 5.72 percent unadjusted year […]

Posted inSupply Chain News, Finance News, Lipari Foods, Midwest, News

Lipari Foods Selects RELEX Solutions For Supply Chain Planning

Lipari Foods has selected RELEX Solutions to transform its supply chain planning and improve replenishment operations across its distribution center. The Midwest distributor will use RELEX’s artificial intelligencer-driven platform and Advanced Diagnostics to manage more than 23,000 SKUs across grocery, deli, bakery, natural and specialty categories. Lipari Foods supplies thousands of retailers with fresh, natural, […]

Posted inCenter Store, Finance News, National, News

Kraft Heinz Pauses Company Split, Commits $600M To Turnaround Plan

The Kraft Heinz Company announced Feb. 11 it is pausing work on its planned separation into two independent companies, instead committing $600 million to accelerate growth efforts as the food manufacturer reported a 15 percent decline in full-year 2025 adjusted earnings. CEO Steve Cahillane, who joined the Pittsburgh and Chicago-based company Jan. 1, said its […]

Posted inOnline Grocery Technology, Finance News, National, News

Swiftly Converts Static Circulars Into Interactive Digital Format

Swiftly has launched SmartCircular, an artificial intelligence-powered tool that transforms grocery retailers’ PDF circulars into interactive digital experiences with engagement tracking. The Seattle-based retail technology company’s new product uses proprietary AI to convert static weekly ads into clickable formats that allow shoppers to browse deals, zoom in on products and add items to shopping lists. […]

Posted inWholesaler/Distributor News, Finance News, News, Southeast, UNFI

UNFI Spotlights 5 Key Grocery Trends For 2026 Spring Season

United Natural Foods Inc. (UNFI) brought more than 3,400 retailers and suppliers together at its Spring and Summer Selling Show in Orlando, Florida, to examine five major trends reshaping grocery retail, from private label dominance to the growing emphasis on gut health. The distributor’s Feb. 10-12 event highlighted shifts in shopper behavior that grocers should […]

Posted inNational, Finance News, News, Store News

LocalDutch Brings Urban Farm Shop Model To U.S.

LocalDutch, a Netherlands-based agri-tech and food retail company, has announced plans to roll out its Urban Farm Shop concept in the United States and other markets. The model integrates on-site controlled-environment food production with direct-to-consumer retail and local delivery in a single location. The company, headquartered in The Hague, calls the concept the “LocalDutch Shop” […]

Posted inProduce News, Finance News, Independent Store News, News, Northeast

EmpowerFresh Enhances Produce Operations At Karns Quality Foods

EmpowerFresh has partnered with Karns Quality Foods, a 10-store family-owned grocer in central Pennsylvania, to enhance produce operations through artificial intelligence-powered ordering and inventory management. Founded in 1959, Karns Quality Foods has been recognized for its meat and produce departments. The partnership will leverage EmpowerFresh’s AI-driven forecasting and data analytics to help the grocer reduce […]

Posted inOnline Grocery Technology, Feature, Finance News, News, West

Instacart Executive Touts Benefits Of Storefront Pro E-Commerce Platform

The Shelby Report of the West recently visited with Merrick Rosner, Instacart’s head of revenue and solution sales, independent grocery, to learn more about the company’s e-commerce platform Storefront Pro. What is involved in training employees on how to use e-commerce platforms like Storefront Pro? Storefront Pro gives grocers of all sizes the ability to […]

Posted inCorporate Store News, Finance News, Food Lion, News, Southeast

Food Lion Names Barton 2025 Store Manager Of The Year

Amelia Barton, store manager of the Food Lion at 2201 W. WT Harris Blvd. in Charlotte, North Carolina, has been named the grocer’s 2025 Ralph W. Ketner Store Manager Excellence Award winner. Barton was selected from more than 1,100 store managers across the retailer’s 10-state operating area. Named after one of Food Lion’s founders, the […]

Posted inExecutive News, Finance News, Midwest, News, The Kroger Co.

Kroger Appoints Foran As CEO, Ends Interim Leadership

The Kroger Co. has appointed Greg Foran as CEO, effective immediately, ending Ron Sargent’s tenure as interim CEO that began in March 2025. Foran, who brings more than 40 years of experience leading large consumer businesses, will also join Kroger’s board of directors. The Cincinnati-based grocer made the announcement Feb. 9, following an extensive search […]

Posted inIndependent Store News, Anniversary Issues, Finance News, News, Retailer of the Year, Vallarta Supermarkets, West

Vallarta Moving To Broader Appeal – ‘We’ve Got To Give Everybody Something’

In 1985, the Gonzalez family opened a small market in Van Nuys, California, called Carnicería Vallarta. The family focused on selling traditional cuts of meats popular in their native Mexico. They worked hard to build a name for themselves by offering high-quality authentic products, providing a high level of customer service and treating employees as […]

Posted inCorporate Store News, Finance News, Ingles Markets, News, Southeast

Ingles Markets Reports 6.6% Sales Increase In Annual Report

Ingles Markets reported net sales of $1.37 billion for the first quarter of fiscal 2026 ended Dec. 27, a 6.6 percent increase compared with $1.29 billion for the same period last year, the Asheville, North Carolina-based grocer announced Feb. 5. Net income totaled $28.1 million for the first quarter compared with $16.6 million for the […]

Posted inGrocery Store Equipment, Association News, Finance News, News, Northeast

PFMA Applauds PA House Committee Vote On Swipe Fee Relief Bill

The Pennsylvania Food Merchants Association praised the Pennsylvania House Finance Committee for advancing House Bill 2090, legislation that would stop credit card companies from charging swipe fees on commonwealth sales tax. HB 2090 addresses an imbalance in the credit card marketplace where two payment networks control more than 80 percent of the market and impose […]

Posted inCorporate Store News, Finance News, Market Profile, News, West

Grocery Development Continues Around Cities Across Arizona

As population and construction projects continue to grow in number in Arizona, the grocery industry is responding with growth of its own. Following is a roundup of some planned and recent store openings. On Jan. 12, Aldi announced its plans for 2026 and beyond, including 180 new stores as well as three new distribution centers. […]