By Ángel González // Seattle Times business reporter Costco Wholesale seems to have quietly surpassed Whole Foods to become the biggest organic grocer as it courts a younger demographic, according to one investment bank. In an earnings call last week, chief financial officer Richard Galanti mentioned that the Issaquah warehouse club’s sales of organic products…
DetailsBy: Randall A. Denha, J.D., LL.M.* In the current economic environment, IRS-prescribed monthly interest rates for certain intra-family transactions are at historic lows. As a result, an excellent opportunity exists to transfer wealth to lower generation family members while minimizing taxes. A simple technique which is particularly effective in the current low-interest-rate environment is to…
DetailsStubborn Sodas will bring exotic flavor combinations to the fountain NACS Online PepsiCo is looking to launch a line of craft fountain sodas, dubbed Stubborn Sodas, replacing the much-maligned high-fructose corn syrup with sugar in hopes of appealing to people who may shun big soda brands. According to news reports, the line of fountain sodas,…
DetailsBy: Randall A. Denha, J.D., LL.M.* An IRA is a powerful financial planning tool that allows you to save for retirement, or provide benefits for your heirs, on a tax-advantaged basis. Most people invest their IRA funds in stocks, bonds and mutual funds. But others opt for nontraditional investments, such as real estate, in the…
DetailsBy Annie Hayes // The Spirits Business Canada has experienced a “dramatic” fall in drink-related crime after it imposed a minimum unit price for alcohol, according to a new study. The findings, which were published in the Journal of Studies on Alcohol and Drugs, monitored the correlation between such crimes against the rise in price…
DetailsMobile and multichannel among the areas key to appealing to millennial consumers -NACS Online Despite the seemingly constant focus on millennial consumers, many feel that it’s impossible to overstate the importance of this enormous demographic. With millennials in the U.S. spending about $600 billion a year, it’s essential for brands to capture and maintain the…
DetailsSeptember is We Card Awareness Month and 2015 marks the 20th Anniversary of the We Card Program and its service to the retail community to raise awareness of and compliance with tobacco and age-restricted product laws (now including e-vapor products.) MIRA encourages all retailers to continue in their efforts to successfully identify and prevent age-restricted…
DetailsAcquisition to offer an increasingly rich and deeper brand experience Mast-Jägermeister SE (MJ) recently announced that it has acquired 100 percent of the stock of Sidney Frank Importing Company, Inc. (SFIC), its former U.S.-based importer. With the closing of the deal on August 3, 2015, Mast-Jägermeister now controls all dimensions of the brand’s value chain…
DetailsNew research shows that there are big differences between coastal dwellers and those in the Heartland, when it comes to this all-important demographic NACS Online While much has been written about Millennials under the assumption that they are all cut from the same (trendy) cloth, that assumption may not be entirely accurate, particularly when understanding…
DetailsNew NACS resource provides tips for retailers to build and expand fresh produce offerings NACS Online As more convenience stores consider expanding their fresh produce offer in stores, a new resource has been published to help them examine what they need to consider to achieve success with a fresh produce program. “Are You Fit for…
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