Arable Capital Partners LLC, a leader in sustainable food and agribusiness investing, made a strategic investment in Progressive Produce LLC. Founded in 1967, Progressive Produce is one of California’s premier produce companies, specializing in potatoes, onions and asparagus.

“With strong brands and presence across multiple channels, as well as top-tier leadership, Progressive Produce is an outstanding addition to our portfolio that is positioned for continued growth and success,” said Derek Yurosek, managing director of Arable Capital Partners.

ProducePay launched a new Visibility solution to provide fresh produce marketers and retailers full transparency of produce shipments from the field all the way to their final destination.

February online grocery sales ($7.9 billion) were down 10.5 percent compared to 2023, according to the most recent Brick Meets Click/Mercatus Grocery Shopper Survey. Lower average order values were the central catalyst driving the downward year-over-year sales trends as ship-to-home dropped 15.4 percent and pickup fell 12.8 percent. Delivery, the only method to expand sales, was up 4.7 percent, aided by a strong rebound in monthly active users versus last year.

It is a time-honored tradition for suppliers of product — be it fresh produce, consumer goods, apparel or pretty much anything else sold at retail — to make the trip to Bentonville, AR, to talk to a merchant representing Walmart.

More than $8.4 million of methamphetamine was discovered in a produce shipment. U.S. Customs and Border Protection Office of Field Operation officers assigned to the World Trade Bridge seized the drugs.

The seizure occurred on Tuesday, March 12 at the World Trade Bridge, when a CBP officer referred a 2021 Volvo tractor and trailer manifesting a commercial shipment of celery, broccoli, and cauliflower for secondary inspection.

Dollar Tree is shuttering 1,000 stores in the coming years, though approximately 600 Family Dollar store closures will come in the first half of fiscal 2024. Of the remaining 400 stores, 30 closures will be Dollar Tree with the balance being more Family Dollar locations.

The stores closing after the first half of 2024 will shut down at the end of each store’s current lease term.