Maine is known for its picturesque mountain and coastal landscapes, as well as its seafaring traditions, agricultural and forestry businesses. It also is a state dealing with economic and workforce challenges and an evolving retail landscape. Layered on top of this, Maine is experiencing a profound pandemic-fueled population shift. COVID had (and is still having) […]
Category: Market Profile
Posted inIndependent Store News, Market Profile, Southwest
With Heart For Small Towns, Lowe’s Excellent Fit In New Mexico
Owned and operated by the Lowe’s family (now in its third generation), Lowe’s Markets is well known and appreciated by residents of New Mexico. Headquartered in Littlefield, Texas – just 44 miles from the New Mexico border – Lowe’s operates 22 stores in the state under the banners of Lowe’s Market (11), Super Save (four), […]
Posted inMarket Profile, Albertsons, Association News, Southwest
Food Deserts Serious Reality In Parts Of Rural New Mexico
Challenging is a word some might use to describe the state of supermarkets in New Mexico. Others see it as ripe for changes, that if instituted, would benefit retailers as well as economically challenged residents. While surrounding states are thriving in terms of population and economy, New Mexico hasn’t fared as well in recent years. […]
Posted inMarket Profile, Midwest
Community Support Vital To Success Of Chris’ Food Center
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 […]
Posted inAssociation News, Market Profile, Southeast
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 […]
Posted inMarket Profile, Northeast
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 […]
Posted inMarket Profile, Association News, West
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 […]
Posted inAssociation News, Market Profile, Southeast
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 […]