Washington is considered one of the most expensive states in the nation when it comes to the cost of gas, housing and healthcare. It has the fourth highest average grocery prices in the country, and 55 percent of residents face food insecurity. And officials from the Washington Food Industry Association note that grocers and consumers […]
Category: Market Profile
Posted inMarket Profile, News, Southeast
North Florida Grocers Facing ‘Persistent’ Challenges With Labor, Inflation, ORC
The Shelby Report of the Southeast recently visited with Lorena Holley, VP and general counsel for the Florida Retail Federation, to glean some insights on the state of the grocery industry in northern Florida. How robust is the supermarket industry in North Florida? The grocery marketplace in North Florida is diverse, vibrant and buoyant. […]
Posted inIndependent Store News, Market Profile, Midwest, News
Babbs Supermarket Has Deep, Personal Connection To Indiana Community
Babbs Supermarket in Spencer, Indiana, will celebrate its 97th anniversary in July. Third-generation grocer Robert Babbs says his family legacy is not about making money but about building community. Chester Babbs, Rob’s grandfather, opened the original store July 28, 1928, by purchasing a meat and grocery business in receivership. Over the years, the business grew […]
Posted inAssociation News, Market Profile, Midwest, News
Indiana Economy: Stability, Setbacks And Grocery Industry’s Fight To Adapt
Indiana’s economy remained largely stable through 2024, buoyed by strong capital investments and modest GDP growth. But a forecast released in April cast a shadow over the state’s two-year financial outlook, setting the stage for challenges in the grocery and convenience store industries. According to the Indiana Business Research Center, the state’s GDP showed modest […]
Posted inMarket Profile, Independent Store News, News, Northeast
Marty’s 1st Stop On Cusp Of Major Expansion In Danville, VT
Sometimes a career change comes when one sees the handwriting on the wall. For Marty Beattie, this happened in 1989. Vermont farms were going out of business, and he was working for a grain company. He had invested 15 years in that industry, but he knew he needed to pivot to something with a brighter […]
Posted inMarket Profile, News, Southeast
Still Much Work To Do As Western NC Continues Helene Recovery
In the last weeks of April, roughly seven months after Hurricane Helene ripped through Western North Carolina, new federal and state grant programs were rolled out to help the area continue on the path toward recovery. On April 25, North Carolina Gov. Josh Stein announced that the U.S. Department of Housing and Urban Development had […]
Posted inMarket Profile, News, Southeast
New Potential Shoppers Continue To Pour Into North Carolina
North Carolina grocers have great incentive to keep their stores and product offerings at the top of their game – new customers coming into the state who have no pre-existing loyalty. Lindsey Kueffner, executive director of the Carolinas Food Industry Council, which covers both North Carolina and South Carolina, said that North Carolina’s population has […]
Posted inMarket Profile, Association News, Midwest, News
South Dakota Grocers Navigate Uncertainty Amid Economic Shifts
South Dakota’s economy showed a mixed performance in late 2024, and recent data indicates economic stagnation and the need for budgetary adjustments in 2025. The divergence in economic performance between urban and rural areas also is a key factor to consider. While the unemployment rate remains low and revenue for fiscal year 2025 is projected […]