Word: fresh
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Dates: during 2000-2009
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...board of directors,” AIG trustee Douglas L. Foshee said during a May 13 hearing before the U.S. House of Representatives' Committee on Oversight and Government Reform. “We’ve come to the conclusion that if AIG is to succeed, it needs a fresh start...
...African Americans, that recognize the value of fruits and vegetables," he recalls thinking. Real estate was too expensive in neighborhoods like Bronzeville and Hyde Park, which boast high concentrations of black professionals. At the same time, he observed that many Latinos tend to have large families and buy fresh fruits and vegetables more frequently than blacks and the general population. So he settled on a vast, 35,000-sq.-ft. building that had been abandoned by a national supermarket chain about 15 years ago. It's in a largely Mexican-American neighborhood known as Back of the Yards. Just...
...store, which opened last July, is airy and well lit. The produce section is stocked with fresh mustard greens, popular among blacks with roots in the Deep South. There's also elephant-ear-size fried pork skins, a Mexican-American favorite. The neighborhood has few bakeries, so Farmers Best sells cakes and loaves of bread. Produce, meat and dairy products account for roughly 62% of Farmers Best's sales. Slowly, it is attracting customers like Vera Johnson, a restaurant cashier who lives nearby...
...recent afternoon, Johnson, a 29-year-old African American, led her two daughters through the produce section. She tossed a pineapple and bags of apples into the shopping cart. "See, these are all real fresh," she says, pointing to a bag of blueberries. "You put these on little short cakes, with whipped cream," she continues, explaining the night's dessert, "and they love it." Johnson is now a Farmers Best regular and eschews nearby grocers that, she says, are often overcrowded and dirty and where "the oranges have brown spots...
...Family Dollar and even Wal-Mart to fill the void created by food deserts. But the supermarket industry suffers from especially tight profit margins and is thus particularly risk-averse, so supermarkets' entry into low-income neighborhoods has been slow. Furthermore, many low-end chains are hardly bastions of fresh, healthy produce and meat. (Read a story about Aldi, a grocer for the recession...