• Schnuck Markets said yesterday that it is acquiring two Fricks Market stores, located in Union and Sullivan, Missouri.
According to the announcement, "The Union store will remain open as Fricks Market through 4 p.m. on Sun., Oct. 23, when it will close for three days before reopening on Thurs., Oct. 27 at 7 a.m. as Schnucks. The Fricks Market in Sullivan will close and reopen during the same window, and will remain a Fricks Market, operated by Schnucks, until a new, 23,000 square-foot “Schnucks Fresh” store is completed. The new Schnucks Fresh store will be located on East Springfield Road near Highway 185. An official opening date for this new store will be announced in the coming months."
• From the New York Times:
"Ever since American manufacturing entered a long stretch of automation and outsourcing in the late 1970s, every recession has led to the loss of factory jobs that never returned. But the recovery from the pandemic recession has been different: American manufacturers have now added enough jobs to regain all that they shed — and then some.
"The resurgence has not been driven by companies bringing back factory jobs that had moved overseas, nor by the brawny industrial sectors and regions often evoked by President Biden, former President Donald J. Trump and other champions of manufacturing.
"Instead, the engines in this recovery include pharmaceutical plants, craft breweries and ice-cream makers. The newly created jobs are more likely to be located in the Mountain West and the Southeast than in the classic industrial strongholds of the Great Lakes.
"American manufacturers cut roughly 1.36 million jobs from February to April of 2020, as Covid-19 shut down much of the economy. As of August this year, manufacturers had added back about 1.43 million jobs, a net gain of 67,000 workers above prepandemic levels.
"Data suggest that the rebound is largely a product of the unique circumstances of the pandemic recession and recovery. Covid-19 crimped global supply chains, making domestic manufacturing more attractive to some companies. Federal stimulus spending helped to power a shift in Americans’ buying habits away from services like travel and restaurants and toward goods like cars and sofas, helping domestic factory production — and with it, job growth — to bounce back much faster than it did in the previous two recessions."
