Good afternoon! It’s Monday, June 1, 2026. Here’s what’s happening in produce and grocery today.
Read about Costco’s strong Q2, Sprouts’ expansion plans, grocery executive changes in May, economic concerns in foodservice, banana industry challenges, rising tomato prices, and more.
As always, have something to share? Send us your feedback at news@bluebookservices.com.
Top Stories
Gas Prices and GLP-1s Help Power Costco’s Strongest Quarter in Years
The club retailer posted financial gains this quarter, with a 15% increase in net income for the third quarter of fiscal 2026 to total $2.19 billion, up from $1.90 billion in the same period last year.
Sprouts eyes 30-40 stores in New England
A report says the retailer plans to open 30-40 stores in southern New England in the near future as it focuses its expansion on the Midwest and Northeast.
7 top grocery executive changes in May
Catch up on some of the most significant executive-level changes in the grocery industry in May.
Economic data points to a two-sided economy
Weak overall personal income is a challenge for restaurants, because they are more heavily dependent on middle- and lower-income consumers for growth.
As banana margins shrink, BANA calls for a broader conversation
BANA leader Tom Stenzel says the sector should leverage the public’s love for bananas to ensure a more sustainable future for the industry.
U.S. tomato prices rise nearly 40% as supply tightens
Several factors are contributing to higher tomato prices, including trade policy changes, weather disruptions, disease pressure, and rising transport costs, according to industry analysts.
Florida approves $196 million citrus recovery package
The funding package supports efforts related to citrus greening, production recovery, and research, says Florida Citrus Mutual executive vice president and CEO Matt Joyner.
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