Stepherson Inc. has been a Memphis staple since before Elvis or BB King were household names. The employee-owned business operates nine locations under the Superlo Foods and Stepherson’s banners across the Memphis area, as well as a central warehouse. The company was founded in 1944 by brothers Wesley, Kenneth and Jack Stepherson. Wesley and Kenneth […]
Category: Market Profile
Posted inMarket Profile, Association News, Midwest
Retailers Celebrate Approval Of Pro-Business Legislation In Missouri
The Missouri Grocers Association and the Missouri Chamber of Commerce and Industry are celebrating multiple wins following this year’s state legislative session. “[It] will go down as one of the more productive for Missouri job creators,” said Dan Mehan, chamber president and CEO, in a July press release. Gov. Mike Parson signed 31 pieces of […]
Posted inMarket Profile, Northeast
Belmont Market GM: ‘Customer Service Makes Us Who We Are’
Belmont Market in Wakefield, Rhode Island, started as a fruit stand 75 years ago with owner Vincent “Cy” Siravo and his son, Vincent Jr. “Jack” Siravo, that eventually became a wholesale fruit delivery business. Jack Siravo added grocery retail to the wholesale fruit business, “where both companies operate out of the same location and work […]
Posted inIndependent Store News, Market Profile, Southeast
Rouses Markets Celebrates History, Heritage With New Houma Store
Rouses Market shoppers in Houma, Louisiana, have a new location to “go make groceries.” The 60,000-square-foot store, located at 2233 Martin Luther King Blvd., replaced the company’s “superstore,” which was built in 1989. It also is the fourth market at or near the site of the first store, Ciro’s, opened in 1960 by Anthony Rouse […]
Posted inMarket Profile, Association News, West
Livestock Changes Looming In California
California’s Proposition 12, which prohibits the sale of uncooked meat or eggs from producers that don’t comply with new state requirements, has been finalized after years of uncertainty, unclear wording and lawsuits. What’s next? Well, according to California Grocers Association President Ron Fong, there’s likely “going to be a shortage in the marketplace.” “The [California […]
Posted inMarket Profile, Association News, Southwest
Arkansas Ends Fiscal Year With $1B Surplus
Arkansas ended its fiscal year 2023 with the second largest surplus in its history, according to a July 7 revenue summary from the Arkansas House of Representatives. Results from collections and distributions for FY 2023 reached $7.185 billion. The FY 2023 Revenue Report stated that this was $1.161 billion in excess of full funding level […]
Posted inIndependent Store News, Market Profile, Midwest
Feeding The Community An Obligation For Buche Foods
Making sure no one in South Dakota goes hungry is not just a passion for RF Buche. He considers it a moral obligation. It’s why the fourth-generation president of the GF Buche Co. – which operates Buche Foods supermarkets and Gus Stop convenience stores among its retail ventures – strives to make it easier for folks […]
Posted inIndependent Store News, Market Profile, Southeast
NC-Based Lowes Foods Poised To Enter New Market
Winston-Salem, North Carolina-based Lowes Foods is set to bring the Lowes banner to Georgia through the acquisition of Foothills IGA, which serves Dawson and Pickens counties. Lowes President Tim Lowe attended a July 27 retirement party for departing owners Jeff and Sandy Downing. Beforehand, The Shelby Report was able visit with Lowe about the expectations […]