San Francisco-based Forage has partnered with Adyen to power EBT payments in the Supplemental Nutrition Assistance Program for the retailer’s merchants in the United States. The collaboration enables retailers to accept SNAP benefits from the 42 million Americans who rely on them. The integration provides grocery, convenience and restaurant meal program merchants with a streamlined, compliant […]
Category: Grocery Industry
Posted inGuest Contributors, Finance News, National, News
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 inBeverage News, Marketing News, News, Southeast
Coke Florida Surpasses $1M In Black History Month Investments
Coca-Cola Beverages Florida has invested more than $1 million to support technology access programs across Florida since launching its efforts in 2018, the Tampa-based bottler announced Feb. 11. As one of the largest Black-owned businesses in the United States, Coke Florida marks the 100th anniversary of Black History Month by continuing investments in education, technology […]
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 inOnline Grocery Technology, Albertsons, News, West
Albertsons Joins OpenAI Advertising Pilot To Test ChatGPT Ad Formats
Albertsons Companies will be participating in the OpenAI Ad Pilot Program, testing how new advertising formats in ChatGPT can create personalized experiences for consumers ahead of Valentine’s Day. The Boise, Idaho-based grocer will explore how relevant ads unlock value for users and brands in conversational experiences as an early pilot partner for the program, which […]
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 inGrocery Research, National, News
Tastepoint Identifies 10 Flavor Trends Expected To Shape 2026 Market
Philadelphia-based Tastepoint by IFF has identified 10 flavors expected to trend in the North American retail and foodservice throughout 2026, based on data-driven market analysis, menu tracking, social listening and changes in consumer behavior. “To continue delivering product development solutions that meet consumers’ unique and changing needs, we stay attuned to industry and market trends, keeping […]
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 […]