IDDBA Elects New Officers and Board of Directors

A number of new members have been appointed to the Board of Directors for IDDBA. At the International Dairy-Deli-Bakery Association’s (IDDBA’s) Annual Business Meeting, the company elected its 2016-2017 Officers and Board of Directors. The company held its meeting in Chicago. Jewel Hunt, group vice president bakery, Albertsons Cos., was elected as the association’s chairman of

NRC Completes Sale of Two Portfolios

NRC has completed the sale of a number of convenience stores with gasoline on bahalf of Sunshine Fuel. NRC Realty & Capital Advisors LLC has closed two portfolios through the company’s sealed-bid sale process. NRC completed the sale of a package of leasehold interests in 21 convenience stores with gasoline in Kansas, Missouri and Oklahoma,

House Votes on Six-Month Delay of Federal Overtime Rule

Congress may vote to delay the implementation of the Department of Labor’s new overtime rule to June 1, 2017, seeing as nearly 50% of business owners are still unaware of the new rule. The House of Representatives has announced that it will soon vote on a six-month delay of the Labor Department’s new federal overtime

Honoring an Icon and a Friend

By John Lostock, Editor-in-Chief I have been covering the convenience store industry for close to 20 years as a journalist. It has been a rewarding career filled with wonderful opportunities to meet great people. As I have mentioned many times before, I first found a home in this industry back when my father served as

Overcoming the HBC Dilemma

Although health & beauty care can be a tough sell in the convenience channel, retailers who appropriately target customers and carry the proper inventory can increase turns and profits. By Lisa White, Contributing Editor Believe it or not, there was a time when health and beauty aids were a priority, rather than a necessity, in

The American Heart Association Launches +color Initiative

SUBWAY and AHA have launched a new, life-saving initiative in New York City. The American Heart Association (AHA) has announced the launch of a new initiative to help Americans lead healthier lives. The new initiative, +color, focuses on the positive health impact of fruits and vegetables. The health impact of +color is simple yet significant:

NRF Opposes Overtime Rules

The NRF has files a suit to fight against the new harmful overtime rules that are scheduled to go into effect later this year.   On Tues., Sept. 20, the National Retail Federation (NRF) filed a suit in the U.S. District Court in opposition of the new federal overtime rules that are scheduled to go

NRC Hires New Managing Director

Former NRC employee returns as the company’s new managing director. Mike Bohnert has joined NRC Realty & Capital Advisors LLC to lead the company’s business development initiatives as managing director. “NRC has had a long and highly successful business relationship with Mike,” said Evan Gladstone, executive managing director at NRC. “When Mike came on board

Financial CHOICE Act Receives Bipartisan Opposition

NACS has declared its commitment to fighting to keep swipe fees low in the interest of consumers and merchants. The House Financial Services Committee has voted to report the Financial Choice Act (H.R. 5983), and the National Association for Convenience Stores has released a statement expressing the Association’s disapproval of the legislature and its disappointment

Mondelēz International Once Again Named to Dow Jones Sustainability Index

Mondelēz International has been ranked in the top 95th percentile of its industry for sustainability. For the twelfth consecutive year, Mondelēz International has been named to the Dow Jones Sustainability Index (DJSI). The company has been named on both the North America and World indices. The DJSI is a globally recognized, independent benchmark that conducts

Dave Riser Receives Dean of the Industry Award from CDA

Dave Riser has been awarded the Dean of the Industry Award from CDA in recognition of his dedication and commitment to his work in the industry. On Sept. 13, at the Convenience Distribution Business Exchange (CDBX) in Scottsdale, Ariz., the Convenience Distribution Association awarded Dave Riser, vice president external relations-trade marketing at the R.J. Reynolds

NRF Urges Congress to Reject Financial Choice Act

84% of consumers agree that the Debit Swipe Reform should remain in place. As Congress prepares to begin its consideration of new legislation that will repeal the Federal Reserve’s cap on debit card swipe fees, the National Retail Federation has requested that Congress reject this legislation, as it would undermine competition and cost retailers and

Hensarling Continues Efforts to Repeal Durbin Amendment

Passage of the Financial Choice Act would have devastating effects on small business owners. The House Financial Services Committee chairman, Jeb Hensarling, recently announced his intention to mark up the Financial Choice Act. This Act includes the provision to repeal the debit swipe fee reform. In response to Hensarling’s announcement, Lyle Beckwith, senior vice president

NRC Announces Sealed Bid Sale of Six Iowa C-Stores with Gas

NRC is looking for a single buyer to purchase six Iowa c-stores with gas. Six Iowa properties are being offered for sealed bid sale through NRC Realty & Capital Advisors LLC. The seller of the propertied retained Ravinia Capital as the financial advisor for the sale, and Ravinia retained NRC to act as the sale

FDA Encourages Kids to Read Nutrition Labels

The FDA wants children to take charge of their diets and to work towards lifelong health. In honor of September being National Childhood Obesity Month, the U.S. Food and Drug Administration (FDA) is encouraging kids to Read the Label in an attempt to help young people make healthy dietary choices. The Nutrition Facts label is

New Jersey Minimum Wage Increase Vetoed

Legislature that could have potentially harmed New Jersey businesses has been vetoed by Republican Governor Christie. New legislation proposing that New Jersey’s minimum wage be increased to $15 per hour over the next five years has been vetoes by Governor Chris Christie. According to a recent report from Reuters, Christie vetoed the bill because of

7-Eleven Stores Founder has Passed Away

Bill Brown is remembered as a grateful and humble man. On Thursday, Aug. 25, 2016, William C. “Bill” Brown passed away in his home at the age of 89. Brown, who was born July 27, 1927, in Brooklyn, N.Y., was the founder of Oklahoma City-based 7-Eleven Stores. Brown’s son, Jim Brown, is now the current

The NRF Supports the New Online Sales Tax Proposal from Goodlatte

Retailers seek a level playing field when it comes to the collection of sales tax for online purchases. House Judiciary Committee chairman Robert Goodlatte has issued a new draft for online sales tax legislation, requesting that Congress take action to address the issue of online sales tax. The National Retail Federation welcomed the release of

Jimmy Haslam May be Forced to Testify in Pilot Flying J Fraud Case

Pilot Flying J’s motion to have its fraud case dismissed has been denied. On Tues., Aug. 2, Judge David Young of Franklin County Common Pleas rejected Pilot Flying J’s request for the dismissal of an ongoing case concerning a large-scale rebate fraud at the family business. The rejection of the move for dismissal may soon

Public Speaking Is My Passion

By Bill Scott, President, StoreReport LLC I remember the first public speech I ever gave. It was in 1978 to a group of business people and professors at Colorado State University in Ft. Collins. It must have been a horrible sight to behold. I worked on my speech for a month, and read it as

Core-Mark to Release Second Quarter 2016 Earnings

Core-Mark will host an investor call, following the release of the company’s second quarter financial results. Before the market opens on Tues. Aug. 9, 2016, Core-Mark Holding Co. Inc. will release its earnings for the second quarter ending June 30, 2016. Core-Mark has also announced that it will host an investor call later that morning

Mars Inc. Mourns Forrest E. Mars Jr.

Forrest Mars Jr., businessman, philanthropist, visionary and family man, has passed away. Mars Inc. has announced that Forrest Mars Jr. passed away on July 26, 2016, at the age of 84. Mars Inc. and associates are filled with sadness at his passing. Mars was: A businessman, who together with his brother John and sister Jacqueline,

Hershey Reveals Second Quarter 2016 Financial Results

The Hershey Co. recorded growth during the second quarter of 2016, and the company expects its growth to continue for the remainder of the year. The Hershey Co. has released the company’s sales and earnings for the second quarter ending July 3, 2016. Data released by the company indicates that the company experienced growth that

Intelligent Food Packaging

Innovative packaging solutions will help consumers to assess food quality before they buy. The IFT16: Where Science Feeds Innovation symposium, which took place on July 18 and was hosted by the Institute of Food Technologies (IFT), has revealed a hot new trend that is emerging in the food packaging industry. One presentation at the symposium

Alimentation Couche-Tard Announces 2016 Financial Results

Alimentation Couche-Tard recorded significant growth in Fiscal 2016, and company officials have high hopes for the coming year. For the fourth quarter ended April 24, 2016, Alimentation Couche‑Tard Inc. has recorded significant financial growth. The company reported net earnings of $206.2 million, representing 36 cents per share on a diluted basis. The results for the