Sandstone, Minnesota is a small town of about 1,500 residents. The official count is about 2,900, but that includes 1,400 federal prisoners who don’t buy groceries, according to Craig Thorvig, who owns and operates Chris’ Food Center with his wife, Kristee. Chris’ Food Center is the lone supermarket in town, with the only other options […]
Category: Market Profile
Georgia’s Economy Remains Strong Despite Possible Slowdown
Georgia’s post-COVID economy is expected to continue to expand in 2024, though it will grow at a slower rate. According to information from the University of Georgia’s Terry College of Business in its annual economic outlook report, the state should continue to outpace the national GDP growth rate, which is projected to be 0.8 percent […]
At Family-Owned Bishop’s Supermarket, They Greet Every Customer
Bishop’s Supermarket in Whitehouse Station, New Jersey, is very much a family affair. The company was founded in 1954 by William “Bill” Bishop and partner Bobby Dillon. They bought the store from Dillon’s father and uncle. The small, three-aisle store, known as Dillon and Bishop’s, was located downtown. Bill Bishop’s brother, Floyd, joined the business […]
Wyoming Remains ‘Good Place To Do Business’
Wyoming is the 10th largest state in the U.S. in total area but is the least populated, with about 581,000 residents. It does not impose an income tax, with local governments relying heavily on property tax collections. More than 60 percent of those revenues come from mineral production. The majority of property taxes are directed […]
Food Retailers ‘Pivotal’ In Virginia’s Economic Resilience
Virginia’s economy has shown resilience and improvement compared to last year, according to Melissa Assalone, executive director of the Virginia Food Industry Association. “Despite ongoing challenges and a reduction in federal money coming into Virginia, there are positive economic indicators such as job growth and increased consumer spending,” she said. Assalone noted the grocery sector […]
Maryland’s Budget Deficit May Hinder Business Improvements
While holiday spending has been bolstered by lower food prices in Maryland, the state’s upcoming legislative session could bring major changes, according to Cailey Locklair, president of the Maryland Food Industry Council. MFIC is focused on three major issues for the upcoming session, which begins in January. Across the 90-day session, it hopes to see […]
New Jersey’s Grocery Industry Strong, ‘Uber Competitive’
The economy in New Jersey is a tale of two cities, according to Linda Doherty, president and CEO of the New Jersey Food Council. New Jersey was recently ranked as the most improved state for business, climbing 23 spots to 19th in America’s Top States for Business rankings by CNBC. This past year, it saw […]
Labor, Retail Crime Challenge Wisconsin Grocers
Brandon Scholz, president and CEO of the Wisconsin Grocers Association, said the Badger State is not immune to challenges such as inflation and price increases. “It affects us just as much as everybody else.” Scholz noted the dairy industry in the state remains strong and is an important part of the Wisconsin economy. “Overall, I […]
