Simbe has formed a Client Advisory Board, bringing together leaders from retailers – including BJ’s Wholesale Club, Schnuck Markets, SPAR, Harmons Grocery and Country Supplier – to inform product strategy, foster peer collaboration and guide the future of shelf digitization technology. “The CAB reflects our belief that the best innovation comes from partnership, not only with […]
Category: Grocery Industry
Posted inWholesaler/Distributor News, Finance News, News, Northeast
UNFI Details Value Creation Strategy, Sets Long-Term Financial Targets
United Natural Foods Inc. (UNFI) outlined its multi-year value creation strategy and long-term financial targets during its 2025 Investor Day event in New York City, emphasizing sustained profitable growth, investment in capabilities for customers and suppliers and enhanced cash-flow generation. The company said it expects to drive low-single digit average annual net sales growth through […]
Posted inExecutive News, Beverage News, News, Southeast, Supply Chain News
Coca-Cola Names Braun CEO, Quincey To Become Executive Chairman
The Coca-Cola Co. has elected EVP and Chief Operating Officer Henrique Braun as CEO, effective March 31. Braun will succeed James Quincey, who will transition to executive chairman after serving as CEO for nine years. The board also plans to nominate Braun for election as a director at the company’s 2026 annual meeting of shareowners. Quincey, […]
Posted inMarket Profile, Finance News, News, Northeast, ShopRite
Klein’s Celebrates Milestone Year With Plans To Keep Moving Forward
Shoppers will find a blend of heritage and progress when shopping Klein’s Family Market’s nine ShopRite stores in Maryland. Whether shopping a Klein’s store in a larger city like Baltimore or a smaller town like Cardiff, customers will find a broad selection of Maryland-grown and -made products (and everything else they need) in modern stores […]
Posted inSnacks Brands, Finance News, National, News
Mars Receives Final Approval for $36B Kellanova Acquisition
Mars Inc. received approval from the European Commission Dec. 8 for its acquisition of Kellanova, clearing the final regulatory hurdle for the $36 billion deal. The companies anticipate closing the transaction Dec. 11. The European Commission’s approval was the last of 28 required regulatory clearances. Kellanova shareholders approved the transaction on Nov. 1, 2024, following the […]
Posted inOnline Grocery Technology, Grocery Research, National, News
November Online Grocery Sales Surge 29% To $12.3B
U.S. online grocery sales surged 29 percent year over year to $12.3 billion in November, driven by higher order frequency and a record share of users placing three or more orders during the month, according to the Brick Meets Click Grocery Shopper Survey, sponsored by Mercatus. Online grocery’s share of total weekly grocery spending climbed […]
Posted inGrocery Research, National, News
Upside Report Highlights Consumer Spend Across Multiple Retailers
Upside has released its Consumer Spend Report 2025, which found that grocery shoppers are increasingly uncommitted, spreading their spend across more retailers, comparing prices constantly and relying on promotions to stretch their budgets. The report also finds that some of the investments retailers made to improve accessibility, from expanded pickup options to enhanced loyalty programs, […]
Posted inOnline Grocery Technology, Coborn's, Midwest, News
Coborn’s Adopts AI Solutions For Price, Promotions Optimization
Coborn’s Inc. has selected the Revionics AI Pricing Platform to optimize strategy across its family of supermarket brands. Coborn’s recently embarked on a multipronged growth strategy focused on expanding its core grocery business, acquiring new locations and developing modern, differentiated retail experiences such as the new Coborn’s Market & Table prototype. To maintain competitive price […]