Interchange fees at institutions covered by the rule dropped to an average of 24 cents per transaction during the final three months of 2011. The Federal Reserve said Tuesday it does not plan to change the rules governing the fees debit-card issuers receive from merchants, following a new report that showed sharp declines for most [...]
Today, people are less willing to give up quality for convenience, notes 7-Eleven spokesperson. After introducing several new better-for-you salads, snacks and mini-versions of consumer favorites, 7-Eleven Inc. is turning its attention to heartier fare with the addition of two new premium sandwiches: the Steakhouse Roast Beef and Bistro Deluxe. During March, consumers have an [...]
Elliott Management Corp. has responded to the shareholder letter and presentation from Hess Corp. with the following comments: “This morning Hess made a series of announcements that it is adopting portions of the suggestions Elliott laid out in its Jan. 29 presentation including changing their Board and selling various assets. While motivated by Elliott’s plan, [...]
Sallie Mae/Exxon help Upromise members earn $35 million in college savings through rewards. Members of Sallie Mae’s Upromise program have earned $35 million in college savings through cash back rewards from fuel purchases at Exxon and Mobil stations since the program’s inception in 2001. According to the U.S. Energy Information Administration, the average U.S. household [...]
In anticipation of warm spring days approaching, Dannon Foodservice will launch three new low-fat flavors from its popular frozen yogurt brand, YoCream, on March 18. New flavors include Salted Caramel Corn, Birthday Cake and Chocolate Caramel Turtle. Salted Caramel Corn delivers the taste of the real country fair favorite while Birthday Cake makes every day [...]
Brakebush Brothers has turned a hot food trend into a hot food with the introduction of their Sriracha Chicken Bites. Sriracha, a Thai chili-based flavor, delivers a slow, steady heat with slightly sweet overtones. Brakebush, widely known as the industry’s breading expert, has infused Panko coated whole muscle chicken breast with on-trend Sriracha and dusted [...]
For more than 10 years, NACUFS and PepsiCo Foodservice have teamed together to honor the Best in the Business campus convenience/retail store. Recognizing leadership in product mix, marketing, layout, design and great new ideas, the C-Store Best in the Business competition provides an opportunity for college and university campuses to share stories of their latest [...]
Better ROI on staff time, fuel operations, maintenance and more.Network automation ensures that all the moving parts of your daily store operations run smoothly. By Dennis Jensen, Regional Director, Acumera Inc. Ensuring a great customer experience is a critical component for increasing sales, but that is challenging because of staffing issues. Hiring good people and [...]
“We mark our 80th anniversary with a continued commitment to the communities we serve through the breadth of services and products we offer—at home, at work, and on the go,” says NOCO president. NOCO, a family-owned and locally operated energy company, is celebrating its 80th anniversary in 2013. To mark the occasion, NOCO is planning [...]
Point of purchase program enables Gulf-branded stations to establish individual “instant savings” promotions. Gulf Oil has unveiled its GulfCard Loyalty program to help its 2,500 Gulf-branded stations in 29 states drive sales and build customer loyalty. The program gives owners and operators at Gulf locations the ability to establish their own “instant savings” discount levels [...]
“We are going to have a little fun by introducing an animated character that is part buffalo and part chicken on our Facebook page,” says vice president of marketing. Hunt Brothers Pizza is offering Buffalo Chicken Pizza during the month of March. Buffalo Chicken Pizza includes 100% all natural white meat chicken topped with a [...]
Bipartisan legislation would require disclosure of genetically altered ingredients currently found in most processed foods. A large crowd of consumer, environmental, labor, health, farming, faith and business activists packed a hearing of the State Senate Health Committee today where a bill to require the labeling of genetically engineered (GE) foods was being discussed. The legislation, [...]
As consumers continue to cut back on sugar, CRYSTAL LIGHT High Ratio Liquid Concentrate Bag-in-Box format can help operators grow their overall total machine-dispensed cold beverage dollar sales. Cognito Financial Services Communications In-store testing in 52 foodservice operations showed that when CRYSTAL LIGHT was added to the drink options, the result was a 9% increase [...]
Open up more profitable counter space with the Curtis Primo Cappuccino Specialty Drink Dispenser. With its new, space saving open “UP” access door there’s no need to leave a gap between equipment, freeing up valuable and profitable counter space.Beautifully styled, digitally advanced and financially rewarding, the Curtis’ G3 Concept Series Primo Cappuccino (PCGT) Machine is [...]
Following pressure from its third largest shareholder, Hess to focus on oil and gas exploration. Hess plans to exit its retail, energy marketing and energy trading businesses, Reuters reported. The move follows pressure from Hess’ third-largest shareholder—activist investor Elliott Management—to break up the company. Hedge fund Elliott Management in January asked the company, which is [...]