Bill being prepared for the President, who has promised to veto. In a vote of 67-29, the Senate passed reauthorization legislation for the $35 billion State Children’s Health Insurance Program (SCHIP) after it was passed by the House two days earlier with a vote of 265-159. The legislation is now en route to the President’s…
kroger goes pink
New product campaign raises money for breast cancer. Pink tags will be on display throughout The Kroger Co.’s stores again this year as the retailer partners with vendors and suppliers to support National Breast Cancer Awareness month in October. Beginning this weekend, pink tags can be found on shelves in Kroger stores across the country…
chevron taps into human energy
New advertising campaign launched this week. Chevron Corp. launched a new integrated global advertising campaign this week aimed at engaging people in today’s energy issues and highlighting the steps Chevron is taking to bring more energy supplies to the global marketplace. The campaign, called the “Power of Human Energy,” launched on television in the U.S.…
hardy flowers comes into bloom
Company is growing fast in the c-store market. The Hardy Flower Co. has spent 2007 in the growing process. The company has ramped up its Hardy Flowers retail outlets from six to 24 during the past twelve months. The company’s flowers are featured in c-stores in Eastern Massachusetts, including the Boston area, the North Shore,…
ipso
IPSO
keeping stores centered
New Willard Bishop study suggests that center of a store can be the most profitable area. New, smaller banners and greater focus on fresh foods will reduce the size of traditional grocery stores and directly impact variety and space in center of the store, according to a new study by Willard Bishop LLC, an industry…
philip morris takes retailers to court
105 vendors being sued over counterfeit cigarettes. Philip Morris USA has filed suit against 105 New Jersey and New York retailers on charges of selling counterfeit versions of Marlboro brand cigarettes. The cigarette maker accuses retailers of all varieties–delis, grocers and convenience stores–of selling cigarettes resembling popular Philip Morris USA products. The company has filed…
tesco distribution model requires several hundred us locations
New center costs will lead UK chain to plan more stores, analysts suggest. During a conference in London organized by Piper Jaffray Cos., Tesco revealed that it must open “several hundred” U.S. stores to cover the expenses of opening its vast distribution center near Los Angeles, according to Bloomberg.com. “We need a substantial number of…
gilbarco releases passport version 6
Major oil brands step up for upgrades. Gilbarco has released to production Passport Version 6 software for ExxonMobil, Chevron, Sunoco and Valero-branded retailers, as well as independently branded retailers who use the Concord BuyPass network. Passport Version 6 has been validated for compliance with Visa’s Payment Application Best Practices (PABP). The point of sale (POS)…
delek closes on lion
Company increases its total interest to 34.5%. Delek US Holdings has completed the acquisition of a 6.24% equity interest in Lion Oil Co. Total cash paid to the selling shareholders by Delek was approximately $23 million. This acquisition, along with a previously completed transaction, brings Delek’s total equity interest in Lion Oil to 34.5%. Lion…