President Donald Trump is betting that his trade wars won’t affect U.S. shoppers as he seeks to rewrite – or end – international trade deals. While U.S. exporters – farmers and manufacturers – are anxiously looking on as the Trump administration demands terms to bring jobs back to America, the average consumer isn’t seeing any […]
Tag: taxes
Posted in, Home Page Latest News, Independent Store News, Industry News, Southeast, Store News
Independent Mississippi Grocer Testifies On Tax Reform
On Wednesday, July 25, Wettlin Treppendahl, single-store operator of Woodville, Mississippi-based Treppendahl’s Super Foods, testified before the House Small Business Committee in a hearing titled “The Tax Law’s Impact on Main Street.” The hearing will examine how the Tax Cuts and Jobs Act has affected small businesses. Members of the committee will hear directly from […]
Posted inMarket Profile, Home Page Latest News, Independent Store News, Shelby Signature Content, Southeast, Store News
Alabama Market Profile: State’s Economy Is On The Upswing
by Lorrie Griffith/editor–Southeast Alabama’s economy is on the upswing, according to Ellie Taylor, president of the Alabama Grocers Association AGA), located in Birmingham. In fact, the state’s unemployment rate is now 3.5 percent—the lowest in its history. The good times look to be continuing, as two major plants were announced in January. One is a […]
Posted inCorporate Store News, Home Page Latest News, Industry News, National, Store News
Walmart To Raise Wages, Provide One-Time Bonus & Expand Benefits
Walmart today announced plans to increase the starting wage rate for all hourly associates in the U.S. to $11, expand maternity and parental leave benefits and provide a one-time cash bonus for eligible associates of up to $1,000. The company also is creating a new benefit to assist associates with adoption expenses. The combined wage and […]
Posted inAssociation News, Big Y Foods, Home Page Latest News, Northeast
Guest Column: Historic Year In Connecticut Politics
by Wayne Pesce/President, Connecticut Food Association Many of us who work at the state capitol were anxious to know before the 2016 election about whether the “Trump effect” or “Malloy effect” would carry more weight at the polls in the minds of Connecticut’s voting public. Based on the results, Connecticut citizens made their feelings clear. In […]
Posted inAssociation News, Home Page Latest News, National
GMA Urges Senate Passage Of Tax Reform Legislation
The Grocery Manufacturers Association (GMA) is urging the U.S. Senate to pass a comprehensive tax reform bill this week for businesses and consumers. “Our industry, the largest sector of American manufacturing jobs, calls on the Senate to quickly pass tax reform legislation,” said Pamela G. Bailey, president and CEO of GMA. “Tax reform is necessary […]
Posted inAssociation News, Home Page Latest News, National
Industry Organizations Applaud Tax Reform Efforts
The Grocery Manufacturers Association (GMA), the Food Marketing Institute (FMI) and the National Retail Federation (NRF) are welcoming the release of a tax reform proposal by the House Ways & Means Committee that moves the U.S. Congress one step closer to passing tax reform. “This is a critical step forward towards enacting the first major overhaul […]
Posted inNortheast, Association News
Association: Pepsi Job Cut Just The Beginning Of Philadelphia Beverage Tax Fallout
After Pepsi reported March 1 that it would lay off between 80 and 100 workers in the Philadelphia region, blaming the city’s sweetened beverage tax that took effect Jan. 1, officials from the Pennsylvania Food Merchants Association (PFMA) say to expect more job losses in the area because of the tax. The 1.5 cents-per-ounce tax has caused […]
Posted in, National, West
Utah Passes Food Tax Bill
The Utah Senate passed a bill that that would raise the tax on food, but lower taxes on other items, reports Forbes. The Senate approved Senate Bill 270 on a 19-9 vote on Monday. It now moves to the House. Adams of Layton says the measure would add stability, since most food sales don’t drop […]