Grocery retailers are facing cost pressures from nearly every direction, and according to Dan Kim, chief financial officer of accounts payable automation platform Ottimate, too many of them are absorbing those costs without the visibility to see where the money is going. Kim, who has served as Ottimate’s CFO since 2023 after a career spanning […]
Category: News
Posted inGuest Contributors, Featured News, Finance News, Grocery Store Equipment, National, News
Hidden Profit: The Power Of Knowing Your Store
My colleague Peter Cooke and I are approaching a combined 40 years of helping food retailers improve their operations and, ultimately, their profit. For many of these years, this was represented by best sustainable practices or a similar vernacular. Regardless of the outside wrapper, we helped real retailers – real people – identify and capture […]
Posted inWholesaler/Distributor News, Featured News, News, Northeast
UNFI Reports Q3 Results With Net Sales Of $7.7B
United Natural Foods Inc. has reported financial results for the third quarter of fiscal 2026 (13 weeks) ended May 2, including net sales of $7.7 billion, net income of $33 million, adjusted EBITDA of $183 million, and adjusted earnings per share of $0.77. The company also narrowed its full-year outlook, now projecting net sales of […]
Posted inCorporate Store News, Executive News, Featured News, News, West
Grocery Outlet Adds 2 Executives To Leadership Team
Grocery Outlet Holding Corp. (NASDAQ: GO) has appointed Paul Miller as EVP, chief purchasing and merchandising officer, and Ian Ferry as EVP and chief financial officer, both effective June 9. The company also affirmed its financial outlook for the second quarter and fiscal year 2026 originally provided May 13. Miller, a former key executive in […]
Posted inSustainability News, Independent Store News, News, Publix Super Markets, Southeast
Publix Highlighting Marine Debris Removal Efforts
Publix Super Markets celebrated World Ocean Day by marking at total of 56,000 pounds of marine debris removed from Florida waterways.
Posted inCorporate Store News, Featured News, News, Southwest, Whole Foods
Whole Foods Marks Van Donation Milestone In San Antonio
Whole Foods Market celebrated the donation of its 100th Nourishing Our Neighborhoods refrigerated van to the San Antonio Food Bank on June 3. The milestone event took place at the Whole Foods Market Vineyard store and included a “stuff the van” moment, in which employees filled the vehicle with donated pantry staples and fresh produce […]
Posted inBakery News, Association News, National, News
At IDDBA, St Pierre Turns Up The Heat With First Limited-Edition Bun
St Pierre debuts its first limited-edition Spicy Brioche Buns at IDDBA and makes the data case for why brioche is poised to become a $1 billion category.
Posted inIndependent Store News, Featured News, News, Northeast, Wegmans
Wegmans Kicks Off Seasonal Feeding America Campaign
Wegmans Food Markets has kicked off its companywide “Fill the Bus/Fill the Backpack” scan campaign to raise money for the company’s 53 Feeding America food bank partners. Customers can donate $2, $3, $5 or any amount at checkout, with 100 percent of the proceeds going to each store’s local food bank. Addressing summer hunger Families […]