A loaf of bread, a gallon of milk, and hope for a better tomorrow.

Excuse me while I interrupt Dan's family feud with something not related to the farm bill. Just a few hours north and east of where we sit in Lyons, Nebraska is the small town of Truman, Minnesota. Population 1,259.

About a year and a half ago the town's grocery store closed - a move that can be devastating to a small community. A grocery store is a critical component of community infrastructure that every small town needs to prosper. With the closing of the grocery store more people leave town to do all of their shopping, elderly residents and others without access to reliable transportation find themselves with few or no options for grocery shopping, and the town becomes less attractive to those considering to move there.

Enter 17 year old and Truman High School student Nick Graham. It took Nick less than three months to purchase and reopen the shuttered grocery store in his home town. With enthusiasm, a vision for the future, a sense of purpose and a modest loan form a local economic development corporation Nick Graham became the new owner of the store before he even graduated from the local high school.

The Youngest Grocer In America

Rural main streets across America are struggling to survive, and the shuttering of a grocery store, drug store or hardware store is all too common. As Nick is demonstrating though, innovation, new energy, and the commitment of a new generation can help turn around the fate of a small town.

Read more about Nick here and here.

Update: Check out this new blog post on what Nick has more recently been up to.

Comments

reply to video

You really have to give it to this young man...how many of us would have had the guts much less the ambition to buy a little grocery store in a day and time when big corporate stores seem to be taking over? God bless this young man and his town for supporting him. He is an inspiration to us all!!!!

I have to agree.  What an

I have to agree.  What an inspiration to the youth out there today.  Too bad they all weren't like this guy.

This is very

This is very inspirational.  I hope him the best of luck in these trying times.

This should be an example to

This should be an example to the rest of Americans to do the right thing!

It definatley should, he is

It definatley should, he is an inspiration for his generation. There needs to be more like him to do the sort of work that he does. I hope all is well for him in the future.

Yep... new generation is the

Yep... new generation is the moving power of the progress. Today and tomorrow belongs to young and smart people.

Agree..for a better place

Agree..for a better place and future

He became a man the day he made plans to open the store!

Nick Graham is no longer a 17-yo boy. He became a man when he bought the closed grocery store. Now if the school can give him credit for what he's doing, it would sure help him out a lot. All I can say is that this young man has certainly put many people to shame for doing what needed to be done to keep his community growing. He's trying like crazy to break that downward spiral that so many small towns seem to be going through in the United States. It's a scary thought when you no longer have a grocery store in town, which is the backbone of the community. We have the same thing happening in Washington State. When I drive to the Tri-Cities (Kennewick, Richland, Pasco), I go through several small towns with no grocery stores and you can see the populations dropping. But they're building more homes, so they'll have to get a grocery store close by soon, so who knows. The farmers are selling their farmland to developers, which is why they're able to build those homes, and that means less people selling at the farmers' market, or finding products that you can grow here that you can't get else where, or are shipped in from Chile, Ecuador, Australia which defeats the purpose of locally grown foods. Anyway, here, here...to Nick Graham. What a man!!!!

i miss...

I miss the old grocery store we had in my neighborhood when I was growing up. Always knew the someone behind the counter. Not a stranger.

Yeah, those times are over.

Yeah, those times are over. And we have to think for the future, we have to be  optimistic that we ill make friends and that we will shape our destiny.

Hey man I thank you really

Hey man I thank you really for the post which narrates the spirit of the young boy. He is really an inspiration for us, as Angela said.

Great

It's very hard to find good information about that

Thanks for the sharing.

Great Post

Yeah I agree with Mac

Bravo

This should be an example to the rest of Americans to do the right thing. Nothing more, nothing less.

Wall Street needs to take

Wall Street needs to take some cues from this guy about being ethical.

Shaw, Good point, but we

Shaw,

Good point, but we may be too late. The whole Wall St crash is upon us now, and all we can do is fix it moving forward!

Not easy

For sure not easy to become the The Youngest Grocer In America . A funny title and record to have, but good for him .

How's Nick doing?

I'm proud of Nick for doing what he did, but does anyone know how he is doing?

A friend works in the grocery industry, and they are getting killed with fuel rising increasing product cost, and the general cost of goods going up too.  They aren't able to take retail increases in proportion to the cost increases.

 Margins are going down, and profitability is tough.  The previous owners probably had that problem.

I hope he does well, as there are few independents these days, with the 600ll gorilla (wmart) killing off the small guys!

Amazing story

Wow a truly amazing story and very inspiring! Hopefully he can keep it up doing it! I've been working in a grocery store for a while now and it is very big step for such a young kid to take over the store. I agree with Mike about the previous owner, because there has to be some sort of reason why he sold the store. The most logical one would be that the profit margins are too low.

Yup,  Definitely the

Yup,

 Definitely the margins. In general grocery store net margin is 1-3%. Any hiccups and you're toast.But...if you can manage your cash flow. you can do amazing things.

@ Kelly  Retail can be

@ Kelly

 Retail can be very tough, and yes the margins are very much a problem.

Last month, many retailers announced job cuts, and only Walmart posted good sales. We need to brace oursleves for the coming onslaught! 

Way to go!

What an inspiration! Thanks to Nick for following a dream and taking a chance. And thanks to the community that stands by him!

I love inspiration! I have a great respect for those who choose to follow their dreams, and I am truly inspired when someone with a dream follows through and the community shows up!

That is one of many things I absolutely love about rural America!

Thanks to Nick and the community in Truman -- You're my fireworks this year!

Fair play to the young

Fair play to the young fella. I can understand it's hard to have a small village shop in a small village. In Ireland this problem is all over the place and its a real shame.

 Ruining a way of life.

 well done to the lad

Things will get worse

Life is hard just as is. Now people like this will have to deal with a bad economy as well. The unfortunate thing is that things will get even worse before they get better.

I agree

Yes Neal, I agree, things will get worse before everything will start to becoming better in the future of our country.

I hope this guys is doing

I hope this guys is doing okay.  Prices on goods keeps rising, and his margins keep getting slimmer and slimmer.  Good luck!

Good Investment

Pretty impressive to have a calling, accept it, and then follow through with and make it happen. Even if the financial investment doesn't pay off I'm sure the experience he gains will be rewarding in itself. It takes guts to invest in yourself and your community....Very Impressive

Good for him

Even if he doesn't make it, starting a business when you are that young is vital ... he will make it sooner or later.

SOLD

Rumor has it that the store was recently sold.

Re Sold

That's a shame if the store was sold, but a few commentators had mentioned about the lower margins and it's tough for anybody in these hard times let alone a young entrepreneur. 

Well, can't blame him for trying and I hope he continues with the sense of community.  He seems very mature...  heck, he even sounds it in the video!

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