John Kell // Fortune PepsiCo is a Big Food manufacturer that keeps getting bigger. The massive food and beverage manufacturer finished 2016 with strong fourth-quarter results, due to particularly strong growth for the company’s North America operations, especially for the Frito-Lay and beverages portfolio. That helped offset the challenges that PepsiCo and other international firms…
Survey suggests that 22% of retailers who don’t currently support Apple Pay plan to accept the payments service within the next 12 months NACS Online Recent Boston Retail Partners research reveals that Apple Pay is now accepted by 36% of U.S. merchants, up from 16% in 2016. The group found that 22% of retailers…
Thanks to new machines that let customers flavor their drinks however they want, Coca-Cola discovered that what people really wanted was Cherry Sprite Venessa Wong // BuzzFeed News When it launched its design-your-own-flavor soda dispensers, Coca-Cola handed over the keys to its customers, letting them add a shot of flavor — say raspberry or vanilla…
By: Randall A. Denha, J.D., LL.M.* Are you charitably minded? Do you often make gifts to charity but want a better vehicle to do so with so that you can make more of an impact? Do you make sizable gifts to charitable causes? If you’re fortunate enough to afford it, you can realize personal rewards…
Torrey Kim // Smart Brief Groceries across the US are expanding their wine departments, driven by consumer demand as well as the fact that an increasing number of states have updated their laws to allow grocery wine sales. While some grocers find their wine sales flourishing, others may need some help getting traction when…
Joe Sheetz shares how the retail chain examines market trends and adjusts its long-term strategy in the latest NACS Convenience Matters podcast NACS Online With 500-plus convenience stores throughout six states, Sheetz is one of the most successful convenience retailers in the country. From its popular MTO sandwich program, to its work with the Partnership…
By Brad Tuttle // Money America first? That hasn’t been the case lately when it comes to booze. The surging strength of the U.S. dollar means that wholesale importers have been paying cheaper prices for foreign alcoholic beverages making for higher American consumption of alcohol that’s not homegrown. The Wall Street Journal reported recently that alcohol imports in the U.S.…
On February 28th the MIRA will be taking part in a lobby day at the Michigan State capitol to educate key decision makers about the petroleum industry. Along with groups representing the drilling, refining, and wholesaling communities, the MIRA will participate on behalf of the retail side of the industry. All segments of the industry…
Ohio Gov. John Kasich unveiled his final two-year budget on Monday, proposing to increase sales and other taxes to leverage a major reduction in personal income taxes. By far the biggest shift would occur in the state sales tax, which would increase by a half a cent to 6.25%, be broadened to include more services…
By Randall A. Denha, J.D., LL.M.* Donald Trump is now the President, and both chambers of Congress are under Republican control. As such, we appear to be poised for potentially substantial changes in the estate tax, gift tax, generation-skipping transfer tax, and income tax laws. However, as with all other aspects of political life in…