The Kroger Co. shared that its board of directors has approved an incremental $2 billion share repurchase authorization, expanding the company’s capacity to return capital to shareholders through buybacks. The new authorization supplements the previously announced $7.5 billion repurchase program from December 2024. With the additional funding, Kroger has about $2.9 billion available under its […]
Category: News
Posted inIndependent Store News, Fareway, Midwest, News
Fareway Opens New Store In Granger, IA
Fareway Stores Inc. held a ribbon-cutting ceremony Dec. 22 for a new 21,000-square-foot store in Granger, Iowa. “We’re thrilled to serve Granger and its surrounding communities,” said Reynolds Cramer, CEO of Fareway Stores Inc. “Fareway is built on family values, quality and commitment to customer service. We’re excited to welcome area residents to their new […]
Posted inIndependent Store News, Meijer, Midwest, News
Meijer Honors Veterans With Expanded Support For Wreaths Across America
Meijer is recognizing U.S. veterans this holiday season by supporting Wreaths Across America, a nonprofit dedicated to “remembering the fallen, honoring those who serve and teaching the next generation the value of freedom.” As part of the retailer’s expanded participation in the annual wreath-laying tradition, Meijer helped cover the cost of 1,000 commemorative wreaths, its […]
Posted inCorporate Store News, Albertsons, News, West
Albertsons Opens Applications For Innovation Launchpad Competition
Albertsons Cos. has opened submissions for its fourth annual Innovation Launchpad Competition, inviting emerging food, beverage and pet brands to apply for the chance to bring new products to market and connect with the retailer’s merchandising teams. The annual program – which debuted in 2022 – is designed to spotlight early-stage brands and help them […]
Posted inIndependent Store News, Food City, News, Southeast
Several Southeast Food Banks Receive Holiday Support From Food City
Food City recently made a series of donations and check presentations to local food banks, nonprofits and holiday outreach programs throughout its multi-state footprint. Food City and Dietz & Watson partnered to support the Chattanooga Area Food Bank, delivering more than a ton of premium deli meats and a $2,250 check in support of the […]
Posted inExecutive News, Association News, News, Northeast
NJFC Names 2026 President’s Scholarship Award After McCaffrey III
The New Jersey Food Council (NJFC) will be naming its 2026 President’s Scholarship Award after Jim McCaffrey III, president and CEO of McCaffrey’s Markets, in recognition of his decades of service to the grocery industry. The honor was announced at NJFC’s annual holiday celebration Dec. 3 in East Brunswick, New Jersey, a gathering featuring hundreds […]
Posted inProduce News, Marketing News, News, West
Cuties Launches New Mandarin Marketing Campaign
Pasadena, California-based Sun Pacific has launched a new marketing campaign for its Cuties brand as the company looks to build on momentum in the mandarin category heading into the season. The campaign, titled “Irresistibly Cute,” highlights Cuties’ attributes – sweetness, convenience and family appeal – with a playful tone. Cuties was the first mandarin brand […]
Posted inIndependent Store News, Anniversary Issues, Finance News, News, Rouses Market, Southeast, Special Section
Rouses Chairman: ‘We’ll Keep Trying To Get Better Forever’
As Rouses Markets celebrates its 65th anniversary, Chairman Donald Rouse Sr. reflects on the roots of the family-owned company and looks to the future with the third generation leading the way. Rouse said his father, Anthony J. Rouse Sr., set the standard for the company with his humility and strong work ethic. “He would never […]