Severance pay is generally taxable income to the recipient; however, the FICA treatment of severance payments has typically been a subject of contention between the taxpayers and the IRS. In…
Mondelez International Inc. is commemorating its launch as a new company with events around the world. Joined by 14 employees from five continents, chairman and CEO Irene Rosenfeld rang the…
Higher consumer confidence levels, increased impulse buying, and consumer intent to spend more could all lead to an upside surprise in 2012 holiday spending, according to Nielsen analyses. For sales…
Protecting credit-card numbers from increasingly savvy hackers can be a daunting task, especially for single-store operators without the IT knowledge and personnel. But retailers, regardless of their resources, must still…
An article published last week in the New England Journal of Medicine argued that prominent displays of food items high in sugar, fat, and salt—such as candy displays at checkout…
According to this infographic from Supermarket News, the independent sector saw average net profits before taxes rise to 1.12% in 2011, compared with 1.08% in 2010 — a gain of…
Business Insider magazine noted that distracted drivers are increasingly leaving with the gas nozzles attached to their cars. “I’d say this would happen at least once a month,” said Kirk…
Marketers got their first glimpse last week at the NACS Show expo of a new compressed natural gas (CNG) retailing system that will allow them to offer CNG at their…
The Subway restaurant brand has been quietly building a new pizza concept that reflects the made-to-order format increasingly popular in the fast-casual segment. The concept, Mama DeLuca’s Pizza, is currently…
A federal judge in Michigan has sentenced a Detroit gas station operator and his bookkeeper to prison for tax fraud. Gas station operator Elsayed Kazem Tom Safiedine received a 21-month…