Location at 40 Wall Street is named winner of the Convenience Store/Pharmacy Category in the Retail Design Institute’s 41st Annual International Design Competition. Duane Reade’s flagship store in Manhattan’s financial district took first place honors in the Convenience Store/Pharmacy category at the Retail Design Institute’s 41st annual international awards program last month. Occupying the ground [...]
While management is always on the lookout for new talent, it’s also up to employees to demonstrate that they are ready to advance to leadership positions. By Jim Callahan. As we embark on 2012, it’s time to start considering how you’re going to begin grooming team members for advancement within the company. Today’s employees are [...]
GSP to provide POP services and solutions. GSP, a provider of retail services, has entered into an agreement with Thorntons to provide point of purchase (POP) solutions and management services for all their stores. “We selected GSP because of their years of expertise in delivering the highest quality, lowest cost POP marketing and software management [...]
“Not only will (Harris) bring a dedicated focus on building relationships with our customers, but he will also be a great category leader within the Health and Beauty Care segment,” says Convenience Valet spokesperson. Convenience Valet welcomes Ryan Harris as the regional sales manager—west. Harris is now responsible for sales and business development with convenience [...]
Susser intends to use the net proceeds from this offering for growth capital for new store development. Susser Holdings Corp. has closed its public offering of 3,500,000 shares of its common stock at a price of $21.75 per share. Net proceeds from the sale of these shares were approximately $72 million, after deducting underwriting discounts [...]
Just as you should consistently ask applicants questions that get you all the information needed, so should you question yourself every time you consider hiring a new employee. By Mel Kleiman, Contributing Editor. One of the fastest growing classes of lawsuits today are employment law filings. In addition to discrimination and wage/hour actions, we’re seeing [...]
Funds raised during four-week campaign will benefit 32 children’s hospitals. Valero Corner Store employees and their customers once again showed their dedication to their communities by raising a total of $1,933,847 for Children’s Miracle Network Hospitals during its four-week fundraising campaign Sept. 6 – Oct. 3. The campaign took place in all 991 Corner Store [...]
Scott Jordan has been named the new president of Master-Bilt, effective Oct. 24, 2011. Jordan served as vice president of operations and general manager of BKI, a Standex Food Service Equipment Group company, since April 2008. Previous to BKI, he worked with Baldor Electric for 16 years in manufacturing, quality assurance, purchasing, finance, strategic planning, [...]
“It is a superior tool in that it gives us the ability to pull historical data easily, manage multiple price changes per day,” says The Spinx Co.’s CEO. The Spinx Co. is now using PriceAdvantage at its 65 Spinx stores across the Carolinas. PriceAdvantage, a fuel price management solution, has given Spinx the ability to [...]
Susser Holdings Corp. has commenced an underwritten public offering of approximately 3.5 million shares of its common stock. In connection with the offering, Susser will grant the underwriters an option to purchase up to 525,000 additional shares. Susser intends to use the net proceeds from this offering for growth capital for new store development and [...]
As technology continues to change the way we do business, retailers must weigh the benefits of being ahead of the curve versus the risks, and the disadvantages of falling behind. By Erin Rigik, Associate Editor. In a scene from the futuristic movie “Minority Report,” Tom Cruise’s character walks through a shopping mall while 3-D screens [...]
Bringing 20 years of fuels marketing experience from BP, Barrett aims to help customers enhance performance. KSS Fuels announced that Scott Barrett has joined the management team as vice president of customer pricing and planning management. Barrett joins KSS Fuels from BP and brings more than 20 years of retail and wholesale fuels marketing experience [...]
Walgreens is adding KroniCo LLC’s Kronik Energy drink formulas to 261 locations throughout Southern California. Already the fourth best-selling brand in Arizona and officially known as “Chronic Fatigue’s worst nightmare,” Kronik Energy drinks are a major player in the energy category. “We are so honored to be welcomed into the Walgreens family; this is a [...]
QC Mart comes under fire after the chain’s owner launched a contest asking employees to guess which employee would be fired next. By Erin Rigik, Associate Editor. In October, the Iowa Des Moines Register reported on the curious plight of William Ernst, the owner of QC Mart in Bettendorf, Iowa. Faced with employees who were [...]
Kangaroo Express’ Roo mascot runs for office—awards fans with free coffee. The Roo, the voice and mascot of Kangaroo Express Convenience Stores, is running for mayor of Charleston and Charlotte, N.C. “The Roo believes every man, woman and child deserves a break in their day. A couple minutes to grab a tasty cup of coffee [...]