Supermarket News Infographic: Independents Eke Out Profit Gains
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 3.7%.
A Different Kind of ‘Drive Off’
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 McCauley, who owned a gas station in Beltsville, Maryland, for 31 years. “I’ve run people down four miles away. They had no idea the nozzle…
Details“CNG in A Box” Fueling System Makes U.S. Debut
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 stores through simple “plug-and-play” equipment and traditional-looking Wayne dispensers, complete with hoses and credit card reader. The CNG In A Box system is being unveiled…
DetailsSubway Extends Pizza Concept to C-Stores
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 co-located with Subway locations, and the company sees big opportunities to usher the concept into c-stores, reports Abbie Westra for CSP Daily News. “We started…
DetailsGas Station Owner Convicted of Tax Fraud
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 prison term and Mary Fawaz received 12 months and one day in prison. According to evidence, Safiedine was an officer and member of multiple business…
DetailsDollar Stores Make Room for Beer
Another complex category that has entered dollar stores’ retail equation is alcohol. At Dollar General, beer has been rolled out to 3,900 stores or about 40% of the chain, with a goal of reaching 5,000 by the end of the year. The company has also launched a private-brand wine and plans to begin sales of…
DetailsDenha Associates October Law Blog
There are two new articles in the Denha & Associates October 2012 Law Blog. 1. Year End is Almost Here—Are You Going To Use It Or Lose It?This should motivate many to complete the estate and gift tax planning process before December 31, 2012. As reported throughout this year in previous blogs, time is running out…
DetailsBusch’s Closes In-Store Pharmacies
Citing complexities with prescription pharmacy and the changing healthcare industry, Busch’s Fresh Food Market is closing its pharmacies, according to reports. The retailer’s eight pharmacies are scheduled to close this week so that it can better focus on its food business. According to reports is working with local Rite-Aid and CVS pharmacies to transfer its…
DetailsCoca-Cola Brews Up Coffee Offer
The Coca-Cola Co. is taking its first stab at being a coffee vendor to convenience stores by extending the Georgia Coffee brand used primarily in Japan into the U.S. market. The Georgia Coffee offer, currently in test with a couple of small c-store retailers in the United States, is part of Coca-Cola’s growing investment into…
DetailsAggressive Tobacco Pricing to Come
Altria Group recently lowered the price on some of its tobacco products, growing its total cigarette market share, and Reynolds American and Lorillard will also drop cigarette cost in an effort to gain back market share, Dow Jones Newswire reports. Lorillard and Reynolds American both pointed to a competitor (Altria, although not specifically named) for…
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