Categories: Business

After 70 years in business, Ferri’s IGA Supermarket in Murrysville is shutting down.

Ferri’s IGA Supermarket in Murrysville, PA is closing its doors at the end of May after 70 years in business. The supermarket first opened in 1954, but in a post on their Facebook page, the Ferri family stated that they can no longer sustain operations due to various challenges. These challenges include tight profit margins in the industry and fierce competition, as well as their commitment to providing quality products and personalized service, which has made it difficult for them to thrive.

One factor that contributed to the store’s struggles was the unexpected departure of Mainline Pharmacy, a tenant that left the store late last year. The family mentioned that they were unable to find a replacement for Mainline Pharmacy, resulting in a loss of sales of over 20%. Mainline Pharmacy announced the closure of nine of its stores earlier this year, citing financial losses of over $350,000.

To liquidate their inventory, the supermarket will be offering a 10% discount on all items (excluding tobacco and milk products) starting today. The store will remain open through the end of May, and the Ferri family expressed gratitude for the memories made over the years. Despite the store’s closing, they plan to continue contributing to the community in various ways.

Share
Published by

Recent Posts

World Premiere Receives Almost Eight-Minute Standing Ovation at Cannes

George Miller’s Furiosa: A Mad Max Saga, the anticipated latest installment in his apocalyptic franchise,…

4 mins ago

AI study predicts an 80 billion boost for Made in Italy by 2030

Artificial Intelligence has the potential to significantly increase the productivity of Italian companies, creating an…

8 mins ago

Maui wildfires linked to concerning health effects, new study finds

A recent study conducted by the University of Hawaii has raised concerns about the long-term…

13 mins ago

Economic downturn in Japan due to lackluster consumer spending and struggles in the automotive industry

The Japanese economy contracted at an annual rate of 2% in the first quarter of…

24 mins ago

USF appoints a new dean for Muma College of Business

The University of South Florida has recently announced the appointment of David Blackwell as the…

28 mins ago

Weak consumer spending and auto troubles cause Japan’s economy to shrink

The Japanese economy contracted at an annual rate of 2% in the first quarter of…

30 mins ago