Fresh Del Monte Produce Inc. (NYSE: FDP) has been named the successful bidder to acquire select assets of California-based Del Monte Foods Corporation II Inc. for a purchase price of $285 million, plus assumption of certain liabilities, through a court-supervised sale under Section 363 of the U.S. Bankruptcy Code. The transaction remains subject to court […]
Category: Grocery Industry
Posted inOnline Grocery Technology, Finance News, Independent Store News, Northeast, Retail Media, Southeast
Key Food Partners With Swiftly To Modernize Digital Shopper Experience
Key Food Stores Co-Operative, a chain of more than 460 family-owned and -operated supermarkets across eight Northeast states, has partnered with Swiftly to transform its digital ecosystem and tap new retail media revenue streams. Through the collaboration, Key Food will leverage Swiftly’s App & Web platform with integrated Alcohol Cashback solutions to enhance shopper engagement. […]
Posted inExecutive News, Corporate Store News, Finance News, National, News, Walmart
Walmart Shares Executive Leadership Changes
Walmart Inc. (Nasdaq: WMT) has announced several executive leadership changes designed to fuel innovation and drive the new era of retail, with all appointments effective Feb. 1. The board of directors has elected new leaders to its executive council, and incoming President and CEO John Furner shared additional organizational changes. “Over my 32 years with […]
Posted inProduce News, Finance News, National, News, West
Mission Produce To Acquire Calavo Growers In $430M Deal
Mission Produce Inc. (NASDAQ: AVO) and Calavo Growers, Inc. (NASDAQ: CVGW) have entered into a definitive agreement under which Mission will acquire Calavo in a cash-and-stock transaction. The transaction would give Mission entrée into the high-growth prepared food segment, complementing its avocado business with Calavo’s value-added, avocado-based prepared foods. In addition to a variety of ready-to-eat […]
Posted inCorporate Store News, Ahold Delhaize, Finance News, National, News
2 Grocers Garner Top Employer Certification For Workplace Excellence
Lidl US and Ahold Delhaize USA have earned Top Employer certification for 2026, making them the only U.S.-based grocery retailers recognized by the Amsterdam-based Top Employers Institute for workplace excellence this year. The certifications acknowledge both companies’ human resources practices and organizational culture. The Top Employers Institute evaluates companies based on participation and results from […]
Posted inOnline Grocery Technology, Feature, Finance News, News, West
Swiftly’s Audience Optimizer Offers Retailers Digital Tools For Success
The Shelby Report recently visited with Swiftly, a Seattle-based retail technology platform, to learn more about its new Audience Optimizer, a tool designed to help brick-and-mortar retailers transition their marketing efforts from traditional print circulars to targeted digital campaigns. Sean Turner, co-founder and chief technology officer of Swiftly, said the platform provides retailers with digital […]
Posted inExecutive News, Beverage News, Finance News, News, Southeast
The Coca-Cola Co. Reshapes Leadership Ahead Of CEO Transition
The Coca-Cola Co. announced a series of leadership changes to accelerate digital transformation and strengthen regional focus, with all appointments effective March 31. The Atlanta-based beverage company established a new chief digital officer position and reorganized market leadership in Asia, Africa and the Middle East. Sedef Salingan Sahin, currently president of Coca-Cola’s Eurasia and Middle […]
Posted inCorporate Store News, Finance News, National, News
The Fresh Market To Open 7 New Stores
The Fresh Market has unveiled an investment plan of about $600 million for 2026, with seven new stores planned. The announcement came during Cencosud’s Cenco Day 2026 event, held for the first time in Buenos Aires, where Cencosud shared its outlook for the year ahead. For 2026, the company expects consolidated revenues of $18.4 billion […]