A second-quarter Economic Outlook Survey by the Iowa Business Council reports a “strong confidence” in the state’s economy. This represents an increase in optimism across all areas measured by the IBC compared to results from the previous quarter. The report measures member expectations for sales, capital spending and employment for the next six months. The […]
Category: Market Profile
Powered By Produce, Met Fresh Supermarkets Serving NYC In Style
Danny Hamdan was working in Florida, when he got a call one day in 2011 from his uncle, Omar, who after 25 years working in the grocery business wanted to move into ownership. He wanted Hamdan to come home and help him. “So we opened up our first store, and then the third and the […]
Report: Massachusetts’ Economy Sending Mixed Messages
Massachusetts’ economy appears to be slowing, according to a review of data in May by the MassBenchmarks Board, which also noted a number of growing concerns for 2023, along with some better-than-expected news in payroll, employment and demographics. MassBenchmarks is an initiative of the University of Massachusetts Donahue Institute and the Federal Reserve Bank of Boston. […]
Gary’s Foods Going Strong Under Second, Third Generations
Owner credits success to connection with ‘longtime, loyal customers’ Gary’s Foods in Mount Vernon, Iowa, is a family-owned independent grocery store, operated today by the second and third generations. Denny Dietrich and son, Peter, run the store, which was started in 1971 by Denny’s father, Gary, and a partner, Dave Rank. The two had worked […]
Real Food Market & Deli Works On ‘Building Community’ In Helena, MT
Laughing Water, owner and general manager of Real Food Store Inc., dba Real Food Market & Deli in Helena, Montana, does not have a traditional grocery industry background. He started practicing yoga at age 13. A Presidential Scholar in high school, he earned a degree in philosophy and psychology at MIT. His graduate studies took […]
LRA Backed Measures To Streamline Tax Remittance, Reduce Retail Crime
Executive director: Law enforcement needs to ‘have discretion to make arrests’ where necessary The Louisiana Retailers Association (LRA) supported legislation this year to benefit its members, according to Jessica Elliott, executive director. Two of the bills – HB 558 and SB 54 – were passed and have been signed into law by Gov. John Bel […]
MFDA President: Montana’s Economy Stronger In ‘23
At the end of fiscal year 2022, Montana saw a 39 percent increase in collections from its top seven taxes. Through the first 10 months of the current fiscal year, those same taxes had produced 3 percent less, according to the Bureau of Business and Economic Research at the University of Montana. Most of the […]
Rouses Markets Has Plans For New Stores, Remodels
Rouses Markets, based in Schriever, Louisiana, is staying busy and growing, according to CEO Donny Rouse. The family-owned grocer has announced plans for two new stores in Mississippi – Biloxi and Picayune – and a replacement store for its original location in Houma, Louisiana, is scheduled to open in the middle of August. The remodel […]
