Peterson’s Fresh Market in Riverton, Utah, has a long history of serving its community. Louis “Lute” Peterson and his youngest son, Bruce, founded the business in 1938, when they rented space in a local building. When a local landmark church, “The Old Dome Church,” was torn down in 1940, Lute Peterson bought some of the […]
Category: Market Profile
Posted inMarket Profile, Southeast
Naifeh’s Cash Saver Only Independent Grocer Left In Town
In the small western Tennessee town of Covington sits a landmark that has been part of the community for 112 years – the independent grocery store, Naifeh’s Cash Saver. Owner Judson William Oney Naifeh, is a fourth-generation grocer. His great-grandfather immigrated from Beirut, Lebanon, before starting a trading business under a different name. His grandfather […]
Posted inMarket Profile, Association News, West
UFIA: Inflation In Intermountain West Among Highest In Country
While Utah’s economy remains strong, there are signs it may be slowing with rising interest rates and inflation, according to Dave Davis, president and chief legal officer for the Utah Food Industry Association. The state’s unemployment rate of 2 percent is about 1.5 percent lower than the national average, but Davis said workforce continues to […]
Posted inMarket Profile, Association News, Midwest
MGA’s Shaul Hopes Industry Learns From Supply Chain Reaction
Dan Shaul, executive director of the Missouri Grocers Association, and his members are dealing with many of the same issues that consistently trouble the industry nationwide, with supply chain challenges and labor shortages atop the list. These issues have been exacerbated due to the COVID-19 pandemic and are just symptoms of each other, according to […]
Posted inMarket Profile, Association News, Southeast
Retailers In Kentucky Face ‘Slow And Sluggish’ Economy
Supply chain continues to be a challenge for Kentucky grocers, as they are having difficulty getting products to put on the shelves. There also are related issues such as the drought and late planting due to flood, said Steve McClain, director of communications and public affairs for the Kentucky Grocers and Convenience Store Association. “We […]
Posted inAssociation News, Market Profile, National
Briefing Examines What’s Responsible For Rise In Grocery Prices
Why are food costs higher today than two years ago? That was the question addressed Aug. 10 by FMI – The Food Industry Association as it hosted an online briefing, “Peering Inside Food Inflation’s Black Box.” The speakers were Andrew Harig, VP of tax trade, sustainability and policy development for FMI; and Ricky Volpe, associate […]
Posted inAssociation News, Market Profile, Midwest
RGA Trumpets Toppling Of Food Sales Tax In Kansas
The Retail Grocers Association of Greater Kansas City is celebrating a victory in the Kansas Legislature – the reduction and eventual elimination of the state’s food sales tax. Since 1960, the state has had one of the highest rates in the country. It currently sits at 6.5 percent, according to Jon McCormick, president and CEO […]
Posted inPackaging News, Market Profile, West
New Law Requires Retailers To Reduce Single-Use Plastics
The California Grocers Association is keeping its eye on two laws that could change the way retailers conduct business and how businesses outside of the state work with the retailers. Senate Bill 54, or the Plastic Pollution Producer Responsibility Act, is the first of the measures. It took effect June 30 and requires retailers to decrease […]