By: Jeff Weghorst, director of merchandising at dunnhumbyUSA One of the primary drivers behind a customer’s willingness to transact with a retailer is product selection. If a customer does not encounter an appealing assortment of products in-store, they are highly unlikely to engage even once with the retailer, and much less likely to become a…
Branded vs. Proprietary Foodservice
The debate has gone on for many years–should you implement an existing branded foodservice program or are you better off developing your own unique proprietary brand? The answer to both is YES! There is no right or wrong answer as both have their pros and cons. Branded foodservice offers the quickest path to implementation since…
NRA Show Moved Forward
The National Restaurant Association plans to move the Restaurant, Hotel-Motel Show to an date for a higher attendance rate. The National Restaurant Association (NRA) announced that the 2012 National Restaurant Association Restaurant, Hotel-Motel Show, originally scheduled for May 19-22, 2012 at Chicago’s McCormick Place, is rescheduled on May 5-8, 2012 at Chicago’s McCormick Place. This…
Marathon Petroleum Hungry For Acquisitions
Following its separation from Marathon Oil Corp., Marathon Petroleum is now preparing to grow its Speedway brand. Marathon Petroleum Corp., which spun off from Marathon Oil Corp. last month, is searching for acquisitions and seeking assets that meld with its strategy of refining oil and distributing the fuels produced, Reuters reported. “We have an appetite…
Smaller Meal Options
Trends are changing when it comes to meal size. Many customers now prefer smaller sized meals in order to eat healthier. Customers are growing more aware of the importance of managing portion size, market research company NPD Group, revealed in its latest report titled, “Healthy Eating Strategies by Generation,” according to Vending MarketWatch. NPD listed…
MotoMart Challenges City Ban
One Wisconsin MotoMart store aims to change city regulations on alcohol sales. MotoMart is challenging alcohol laws in Neenah, Wis., that prohibit retailers that sell fuel from also offering customers alcohol, the PostCrescent Online reported. MotoMart argues that the current law is archaic, and that it puts the city’s convenience stores at a competitive disadvantage…
Hess Reports Q2 Financial Results
Hess Corp. releases its second quarter estimated results for 2011, including a net income increase compared with one year ago. Hess Corp. reported net income of $607 million for the second quarter of 2011, which is up from $375 million for the second quarter of 2010. The after-tax income (loss) by major operating activity was…
Cardtronics Completes Acquisition of EDC ATM Business
Acquisition results in some 3,700 ATMs, plus branding contracts with some of the largest financial institutions. Cardtronics Inc. announced that its wholly-owned subsidiary, Cardtronics USA Inc., has completed the acquisition of EDC ATM Subsidiary LLC and Efmark Deployment I Inc. (collectively “EDC”). The cash purchase price of $145 million was funded through borrowings under…
Retalix Acquires MTXEPS
“With MTXEPS’s premier electronic payment software solutions and large satisfied customer base, we enhance our market leadership in offering retailers comprehensive, advanced solutions across all customer touch points and sales channels,” says Retalix CEO. Retalix, a global provider of software and services to high-volume, high complexity retailers, has acquired MTXEPS LLC, a provider of innovative,…
Fresh & Easy Introduces ‘Thank You’ Card
Card builds on the success of Tesco Clubcard and “Friends of Fresh & Easy” email program. Building on the success of Tesco‟s Clubcard, a loyalty program with more than 30 million card holders in 12 countries, Fresh & Easy Neighborhood Market is introducing a similar program for its customers later this year. The program will…