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 […]
Category: Grocery Industry
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 inC-Store News, Grocery Store Equipment, National, News
Tote Deploys AI Employee Agent With Loop Neighborhood Markets
Tote, the AI-native point-of-sale platform built for fuel and convenience retail, has deployed its Genie AI agent with Loop Neighborhood Markets, a California-based convenience retailer operating more than 50 locations. Since launch, the tool has handled associate inquiries across customer service, POS operations, maintenance and payments with 100 percent first-contact resolution and zero escalations to […]
Posted inOnline Grocery Technology, Featured News, Merchandising News, News, Northeast
UFCW Poll Finds Maryland Consumers Support Banning Electronic Shelf Labels
A new poll released by the United Food and Commercial Workers International Union (UFCW) found that 68 percent of Maryland voters support banning electronic shelf labels (ESLs) in grocery stores. The survey, conducted by GBAO Strategies, also found 69 percent believe the technology will cause grocery prices to increase. The poll comes as Gov. Wes […]
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 […]
Posted inBeverage News, Executive News, Finance News, News, Southeast
Coke Florida Promotes Calhoun VP, Chief Of Staff To CEO
Coca-Cola Beverages Florida has appointed Reagan Calhoun as VP and chief of staff to Chairman and CEO Troy Taylor. Calhoun joins from The Coca-Cola Co., where she most recently served as VP of finance-marketing for the North America Operating Unit (NAOU). She has more than 20 years of experience across the Coca-Cola system spanning marketing, […]
Posted inGrocery Research, Marketing News, National, News
Study Finds Food Affordability Rivals Taste As Top Purchase Driver
Food affordability has pulled even with taste as the two most important factors consumers consider when buying food, according to a new national survey from Stratovation Group and food and agriculture communications agency Inspire. More than half of respondents said rising food prices have strongly affected how they buy food at grocery stores or restaurants. […]