Ankeny, Iowa-based Casey’s General Stores has made its first appearance in the Fortune 500 list, the Des Moines Register reported today. The c-store chain debuts at No. 485 on Fortune magazine’s annual ranking of the country’s 500 largest corporations by revenue. The list is in the May 3 edition, which is hitting mailboxes now. Bill…
Energy North To Buy Clipper Mart
Energy North placed a winning bid of $9.27 million, plus the value of the stores’ inventory to acquire M.W. Sewall’s 11 Clipper Mart stores, outbidding Cumberland Farms Inc.’s $8.5 million offer, The Times Record reported. Other qualified bidders at Tuesday’s auction included H.A. Mapes Inc., Mac’s Convenience Stores LLC and TD Bank. Two other qualified…
Could A Value-Added Tax Be Next?
President Barack Obama in an interview with CNBC Wednesday noted the possibility of a new value-added tax (VAT) is still on the table, although White House spokesmen insist it’s no longer being considered, the Associated Press reported. A VAT is normal in many European countries, which tax the value added at each stage of production…
Rutter’s Debuts Flavored Milk
Rutter’s Dairy has introduced Rutter’s-branded vanilla and strawberry milk pints to the consumer market. For years, the two flavors were available only as part of Rutter’s school milk program. The new pints – sold in plastic bottles – are the first new flavors of milk introduced by Rutter’s in a few years. Previously, Rutter’s had…
United Way Honors Kum & Go
Kum & Go L.C., received the 2010 Organization Give Award at the 2010 LIVE UNITED Recognition Luncheon. Kum & Go has been an active participant in the United Way of Central Iowa’s annual fundraising campaigns. “We were very excited and honored to receive the 2010 Organization Give Award from the United Way of Central Iowa…
Kum & Go Donates $8,000
Kum & Go L.C. has donated $8,000 to the Foundation for Springfield Public Schools (FSPS)-collected through the c-store chain’s Fuel Your School Program. Kum & Go contributed three cents from every gallon of gas sold on April 8 at 41 Springfield area locations to the organization, which supports the Springfield Public Schools. The check was…
Salty Foods Under Fire
Public health experts from the Institute of Medicine (IOM) urged the Food and Drug Administration (FDA) on Tuesday to force food makers to gradually decrease the amount of sodium in products. The 1.5 teaspoons of sodium Americans consumer daily-most of which comes from processed foods-is more than double the amount they require for positive health…
Coke Plans New Distribution
Coca-Cola Enterprises Inc. is testing a new method of delivering beverages to 7-Eleven stores in Southern California, using Costco Wholesale Corp. as an intermediary, Reuters reported. Currently, under Coke’s direct-store delivery model, beverages are sent from the bottling facility to a warehouse and then to a distribution center, which distributes the drinks to individual stores.…
Budweiser Honors America’s Troops
With the help of nearly 3,000 soldiers stationed at Fort Hood, Texas, Budweiser announced a partnership with the USO (United Service Organizations) early this week to honor America’s Armed Forces through the “Proud to Serve Those Who Serve” program. As part of the program, Budweiser and its wholesalers will donate $250,000 in May and June…
Rite Aid Debuts New Rewards Program
Drugstore chain Rite Aid seeks to drive customer loyalty with its new wellness+ customer rewards program that provides members with free health and wellness benefits, as well as shopping discounts and special prices. The program will be supported by a national television, radio, circular and digital advertising campaign. The free Rite Aid wellness+ rewards card…