Valley Milk a California dairy ingredient producer, has formed Francisco Foods, a new joint venture that has acquired substantially all assets of Rizo-Lopez Foods out of bankruptcy proceedings in the U.S. Bankruptcy Court for the Eastern District of California. The deal preserves the Tío Francisco brand and keeps the Modesto, California-based operation’s workforce and customer […]
Category: Grocery Industry
Posted inMarketing News, National, News, Walmart
Walmart, Sam’s Club Launch Annual Fight Hunger. Spark Change. Campaign
Walmart and Sam’s Club have launched the 13th annual Fight Hunger. Spark Change. campaign at all U.S. stores and club locations. The cause marketing initiative runs through May 3, with the goal of providing people facing hunger access to food and resources through Feeding America’s network of local food banks. Since its inception in 2014, […]
Posted inPackaging News, Equipment & Technology, Meat/Seafood/Poultry, National, News
Chef Robotics Expands AI-Powered Automation Into Meatpacking
Chef Robotics, a San Francisco-based food robotics company, has expanded its artificial intelligence-driven automation platform to handle tray assembly for meatpacking. The system can assemble raw, frozen and precooked proteins – including pork loin fillets, chicken breasts, steaks, lamb chops, bratwursts and sausage links – onto trays before packaging. Tray assembly for proteins has been […]
Posted inSupply Chain News, National, News
NRF: Middle East Conflict Fuel Costs Pressuring Imports
U.S. container port volumes are not being significantly disrupted by the conflict in the Middle East, but rising fuel costs tied to the blockage of the Strait of Hormuz could eventually affect retailers and consumers, according to the latest Global Port Tracker report from the National Retail Federation and Hackett Associates. “Just because retailers don’t […]
Posted inIndependent Store News, Featured News, Finance News, Grocery Research, National, News
Survey: Consumers Spend 37% Of Grocery Budget At Independent Stores
Americans spend a larger share of their grocery budget at independent stores than in any other retail category, according to a new survey from OnDeck in partnership with research consultancy Censuswide. The finding underscores the role independent grocers play in local economies even as consumers navigate an era of online convenience and corporate scale. The […]
Posted inSoutheast, Featured News, Finance News, Ingles Markets, News
Ingles Issues In-Depth Investor Warning Ahead Of Proxy Fight
Ingles Markets has released an investor presentation ahead of its April 30 annual meeting, intensifying its opposition to a director nominee put forward by Summer Road LLC, the family investment office of David Sackler. The Asheville, North Carolina-based grocer is urging shareholders to vote for its two independent director candidates – Rebekah Lowe and Dwight […]
Posted inGrocery Research, Featured News, Finance News, National, News
Report: Grocery Price Growth Easing As Egg Prices Drive Breakfast Costs Down
DoorDash has released its first quarterly State of Local Commerce update, drawing on millions of transactions across restaurants, grocery stores and everyday goods to offer a view of how prices are shifting across the U.S. The headline finding for grocery retailers: the Breakfast Basics Index is down 22.3 percent year over year, driven largely by […]
Posted inIndependent Store News, Featured News, Marketing News, News, Northeast, Tops Friendly Markets
Tops Friendly Markets Launches MoolahVille Cash Back Rewards Program
Tops Friendly Markets is rolling out MoolahVille, a new rewards experience running through May 23 across all 147 stores. The program lets shoppers earn “Moolah” coins through everyday purchases and redeem them for unlimited $10 rewards cards, with an online component offering additional prizes including free groceries for a year. The program works on two […]