Recession may become self-fulfilling prophecy if worried consumers lower spending While Nevada economist Stephen Miller is not predicting a recession in 2023, he said that doesn’t mean there is no risk of one. Miller, research director at the University of Nevada Las Vegas’ Center for Business and Economic Research, presented a fall economic outlook report […]
Category: Market Profile
Posted inMarket Profile, Southeast
Renfroe’s Market Offers Customers ‘Best Shopping Experience’
Renfroe’s Market, based in Montgomery, Alabama, focuses on providing great customer service. Rob Renfroe, VP of Renfroe’s Market, said that may sound cliché but it is one thing that sets the company apart. “We still operate with the idea that each customer should be greeted when they enter the store, while shopping and upon checkout,” […]
Posted inMarket Profile, Association News, Southwest
Retailers Across Lone Star State Are ‘Optimistic But Still Cautious’
The economy in the Lone Star State continues to improve but is hindered by inflation, supply shortages and workforce gaps, according to Gary Huddleston, a grocery industry consultant for the Texas Retailers Association. Independent grocers have the larger challenge as wholesale distribution becomes less reliable compared to larger chains, which have their own dedicated supply […]
Posted inMarket Profile, Midwest
Success Presents Expansion Opportunities For G.F. Buche Co.
Buche Foods is much more than a grocery chain in South Dakota. It began in 1905 with Gus Buche in a town called Lake Andes on the Yankton Sioux Reservation. “My great-grandfather just answered an ad to come over and be a manager for this grocery store. A year later, he bought them out,” said […]
Posted inMarket Profile, Association News, Southeast
AGA, Auburn University Partner On Economic Impact Study
The Alabama Grocers Association partnered with Auburn University in 2022 to conduct an economic impact study of the grocery industry in the state. Total grocery industry employment is more than half a million people, with an annual payroll of over $2.5 billion, said Ellie Taylor, president of AGA. Total state tax revenues are more than $1.1 […]
Posted inMarket Profile, Association News, Southeast
Turnover In Legislature Puts GFIA’s Focus On Preparation
Group targeting policies that could address labor, supply chain issues The Georgia Food Industry Association is dealing with many new faces – 53 to be exact – as the state legislature gathers in Atlanta for its annual session. That influx of new lawmakers makes preparation critical, according to GFIA President Kathy Kuzava. “GFIA members are […]
Posted inMarket Profile, Southeast
Hometown Foods IGA Thriving In Northeast Georgia
Powered by meat department, store surpasses expectations On the main street of McCaysville, Georgia, with the Tennessee border in its back yard, sits Hometown Foods IGA. Edward Vest and his wife, Lisa, have owned the picturesque mountain town’s sole grocery store for nearly 21 years. Vest, who grew up in McCaysville, began his life in […]
Posted inMarket Profile, Midwest
Independent Grocer Most Enjoys ‘Creating New Niches’ For Customers
Red’s Hometown Market IGA also features craft brewery, barbecue eatery and coffee shop Patrick Longmire, owner of Red’s Hometown Market IGA in Spring Grove, Minnesota, grew up in the grocery business. His parents purchased a small grocery store and bar in 1953 in St. Joseph, Wisconsin. They sold that business in 1963, then opened a […]