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Article: A reinvigorated St. Louis begins to boom again.(Market focus: St. Louis)
- Article from:
- Mass Market Retailers
- Article date:
- June 28, 2004
CopyrightCOPYRIGHT 2004 Racher Press, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ST. LOUIS -- In 1764 French for traders founded this "gateway to the West," and for more than 100 years thence entrepreneurs sold goods to the pioneers passing through and dreaming of land, gold and glory.
Today entrepreneurs still thrive in St. Louis--but the goods they sell remain here, as the city's retail trade expands in conjunction with its steadily growing population.
"St. Louis is making some real progress," says Craig Schnuck, chairman and chief executive officer of Schnuck Markets Inc., the largest supermarket chain in this market.
"The city went through a somewhat flat period in the 1990s, but over the past three or four years there ...