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Hyperlocal Concept Food Stores

This 'Fresh Thyme Market' Store Prioritizes Local Food Products

— November 2, 2021 — Business
Fresh Thyme Market, a retailer that specializes in natural and organic food products and operates stores across 10 Midwestern states, is launching a brand new concept food store that aims to source local products for the consumption and enjoyment of shoppers in St. Louis, Missouri.

For the concept food store, Fresh Thyme Market has collaborated with product sourcing and discovery platform RangeMe to find the best quality local products to stock its shelves. Set to be opened to the public on Nov. 10 in the City Foundry district of St. Louis, this Fresh Thyme Market location will boast an array of organic and natural foods with a special emphasis on local products.

What's more, this concept food store is also going to collaborate with local non-profit programs to improve access of healthy food to families, further boosting its credentials as a locally focused retail location.

Image Credit: Fresh Thyme Market
Trend Themes
1. Hyperlocal Food Retail - Retailers are prioritizing locally sourced food products for consumers, creating opportunities for small, local producers to scale their operations and enter new markets.
2. Collaboration with Product Sourcing Platforms - Brands are collaborating with online platforms that connect them to local producers, enabling them to streamline their supply chain and offer hyperlocal products to consumers.
3. Partnerships with Non-profit Programs - Retailers are partnering with non-profit organizations to improve access to healthy food for families in their local communities.
Industry Implications
1. Organic and Natural Food Retail - Retailers specializing in natural and organic food products are creating opportunities to scale the operations of small, local producers and expand their retail footprint in new markets.
2. Product Sourcing and Discovery Platforms - Online platforms that connect retailers with local producers are disrupting traditional supply chain models and enabling producers to reach new markets and increase their sales revenue.
3. Non-profit and Community Programs - Non-profit organizations that partner with retailers to improve access to healthy food are creating opportunities to address food insecurity in local communities while also supporting local producers.
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