The U.S. Senate passed the SCHIP legislation including all of the cigarette and tobacco tax rate increases by a 66-32 vote. An amendment to lower the RYO tax rate and eliminate the floor stocks tax was not offered. The bill, passed by the U.S. House early this week, now has to either go to a [...]
The Hershey Company is reaffirming an announcement it made earlier: None of its products have been affected by the recent recall of items produced by the Peanut Corporation of America. Hershey said Thursday it does not purchase peanut butter, peanuts or any peanut products from the Peanut Corporation of America (PCA). PCA is a Virginia-based [...]
The Hershey Company is reaffirming an announcement it made earlier: None of its products have been affected by the recent recall of items produced by the Peanut Corporation of America. Hershey said Thursday it does not purchase peanut butter, peanuts or any peanut products from the Peanut Corporation of America (PCA). PCA is a Virginia-based [...]
The Kentucky Attorney General’s office has accepted a $107,500 settlement from eight gas stations that were accused of gas-price gouging in the wake of Hurricane Ike last September, Legalnewsline.com reported. Five stores owned by Pilot Travels Centers (located in Corbing, Williamsburg, Middlesboro, Franklin and Oak Grove) agreed to pay $100,000 as part of the settlement, [...]
By John Lofstock, Editor Spending five days a week on the road for two years eventually takes a toll on even the most hardened sales executive. Citing a willingness to spend more time at home and a few weeks off to recharge his batteries, John Fontana resigned yesterday as president and CEO of Hot Stuff Foods and [...]
The industry leading grocery distributor is taking perishable goods distribution to the next level, enabling retailers to sell the freshest products while increasing incremental sales. McLane Co. Inc. announced that its much-anticipated FRESH on the GOTM program is now available to convenience stores across the continental U.S. FRESH on the GO, which takes advantage of [...]
The National Association of Tobacco Outlets (NATO) said today every NATO member, their employees and customers need to call their two U.S. Senators immediately to urge them to vote in favor of an amendment to the SCHIP bill which calls for a reduction in the tax on roll-your-own tobacco from $24.78 per pound to $2.83 [...]
7-Eleven Inc. gets “fresh” with customers with the opening of the company’s environmentally in-tune Commissary and Combined Distribution Center (CDC) in Bohemia, N.Y. At the new mixed-use facility, unveiled in a ceremony yesterday, fresh foods will be prepared and delivered to 674 7-Eleven stores in New York, New Jersey and Pennsylvania. The 130,000-square-foot facility is [...]
West Des Moines, Iowa-based Kum & Go said its CFO, Craig Bergstrom, is the 2009 recipient of the Prairie Meadows CFO of the Year Award presented annually at the Des Moines Business Record Economic Forecast event. The awards recognize Central Iowa CFOs who have played a critical role in the success of their companies through [...]
Less was definitely more in restaurants last year, according to Mintel Menu Insights. A look back at menus from 2008 shows that three of the year’s top trends were related to downsizing: mini food, value pricing and lighter food options, largely the result of increased nutrition labeling laws, according to Mintel Menu Insights. “2008 was [...]
Bud Light Lime was named the top-selling new product in the convenience channel in 2008 by Information Resources Inc. (IRI). Based on dollar sales for the 52-week period ending Dec. 28, 2008, of all new products introduced in the U.S. convenience channel for the year (as tracked by IRI’s AllScan Convenience Store Tracking service), Bud [...]
By Brian L. Milne, Refined Fuels Editor for DTN The steady trend higher in retail gasoline prices across the U.S. since the start of January could stall in some metropolitan markets as month-end nears. Wholesale gasoline prices across the country moved lower in most markets during the week leading up to Jan. 26 as driving [...]
Tulsa, Okla.-based convenience retailer QuikTrip was listed as No. 27 among the “100 Best Companies to Work For” in the U.S. in Fortune Magazine’s February 2009 issue. Also on the list was San Antonio, Texas-based Valero Energy, which ranked No. 93. In a story in the Tulsa World, QuikTrip President and CEO Chet Cadieux said [...]
Atlas Oil Company is growing its ranks again, both on the fuel distribution and retail management sides of its business. Don Jensen has joined Atlas as vice president of supply, while Greg Bower has joined as biofuels business development director. Both men will be based in Atlas Oil Company’s Houston, Texas, office, where they’ll interact [...]
ExxonMobil said it has renewed a long-standing official partnership with NASCAR to keep its Mobil 1 motor oil and Mobil-brand lubricant products as NASCAR’s “Official Motor Oil” and “Official Lubricants.” The new agreement extends the partnership to 2012. The 2009 NASCAR season will mark the seventh consecutive season in which Mobil 1 has been the [...]