By Brian L. Milne, Energy Editor, Schneider Electric Wholesale gasoline costs moved lower mid-October, declining despite little change in the week-over-week value for gasoline futures through Oct. 18, with the New York Mercantile Exchange RBOB futures contract rallying to a one-month high at $2.7240 gallon Oct. 16 on news a deal to end the government…
Kroger Announces Leadership Succession Plan
Ellis takes over as president and COO as McMullen takes the helm as CEO. The Kroger Co. has announced that Michael Ellis will be named president and chief operating officer, effective Jan. 1, 2014, completing the succession plan announced in September. The company expects its Board of Directors to elect Ellis to his new role…
7-Eleven Expands Wine Category for Fall
C-store giant introduces fine wines—most rated 90 points and priced for less than $20. 7-Eleven Inc. has added four high-demand A-listers to its lineup at its top wine-selling stores – “A” as in wines that have scored 89-90 points in oenophile publications like Wine Spectator and Wine Enthusiast. The ultra-premium varietals—La Crema Chardonnay, Louis Martini…
DASH IN Partners With OpenStore
“In the digital age of marketing, it is more important than ever to be able to connect with consumers on the go,” says DASH IN marketing and promotions manager. DASH IN Food Stores Inc., wants its customers to “experience the difference” when visiting one of their 37 locations throughout Maryland, Delaware or Tidewater Virginia region.…
Gulf Oil Supports Breast Cancer Research
Gulf sponsors regional “Making Strides Against Breast Cancer” fundraising walks throughout its 29-state service area. As part of National Breast Cancer Awareness Month in October, Gulf Oil LP, the fastest growing branded marketer of energy products in the U.S., is bringing its national support for breast cancer research and awareness to new levels this year. …
Jamba Juice Adds Mobile Payment With Isis
Kicks off launch by giving away one million free smoothies. Jamba Juice Co. and Isis, the mobile commerce joint venture created by AT&T Mobility, T-Mobile US Inc. and Verizon Wireless, announced that the companies will give away up to one million free smoothies to U.S. consumers who tap to pay using their Isis Mobile Wallet.…
Paper Gains to Arrest Retail Gasoline Price Slide
By Brian L. Milne, Energy Editor, Schneider Electric In the U.S. gasoline market, it’s not unusual for retail prices to slow or even reverse their September decline in October, underpinned by seasonal refinery maintenance which reduces output that, in turn, pressures crude prices. As the U.S. remains in political gridlock, unable to reach deals on…
Cautious Consumers Trim Holiday Gift Giving Budgets
According to NRF Survey consumers are setting a modest budget for gifts while they wait to see how the U.S. economy fares the in coming months. Faced with continued economic uncertainty and used to doing more with less, consumers will take a conservative approach to spending this holiday season. According to NRF’s holiday consumer spending…
Unilever Donates One Million School Meals
Partners with The World Food Programme For World Food Day 2013. On World Food Day (Oct. 16), Unilever, through its Foods category and Food Solutions business, donated one million school meals through the Unilever Foundation to the United Nations World Food Programme (WFP) to help end child hunger by improving the availability and nutritional quality…
Holiday Oil Adds LiftRetail
“LiftRetail provides leverage to our existing marketing programs and enabled us to implement an aspect of loyalty,” says vice president of operations. Holiday Oil of West Valley, Utah, has completed a chain wide rollout of VeriFone’s award winning in-store marketing solution, LiftRetail. LiftRetail uses POS-connected digital screens to engage each shopper with relevant offers and…