Posts Tagged ‘Food Stamps’

Sign of the Times

Friday, November 6th, 2009

In the first edition of Prepare for the Worst, Plan for the Best: Disaster Preparedness and Recovery for Small Businesses (John WIley & Sons Inc., 2008), we were lucky enough to get an article on small business disaster preparedness in CostCo Connection, the magazine for CostCo’s members. This was particularly important for us as CostCo serves a large membership base of small businesses. So I was stunned to read in the newspaper that CostCo will begin to accept food stamps for payments of grocery purchases. As Hoovers (a business database of Dun & Bradstreet) states of warehouse shopping clubs “Demographics and small business growth drive demand, and spending in warehouse clubs generally resists economic cycles.” I am a member of both CostCo and its competitor Sam’s Club as both offer great cost savings for small business purchases. Nationally, one of eight American adults and one of out two children now receive food stamps. This development was inconceivable just two years ago.