Jonathan Gold, of the NRF, will now serve as an adviser for the global supply chain. The National Retail Federation (NRF) has announced that Jonathan Gold, vice president for supply chain and customs policy, has been appointed to the Department of Commerce’s Advisory Committee on Supply Chain Competitiveness. Established in 2011, the committee consists of 45 senior-level…
Ignorance Versus Intolerance
By Tony Huppert, CEO of Team Oil Inc. I wonder sometimes if some economists and politicians actually listen to themselves. California had a referendum to get the public’s opinion on raising the minimum wage to $15. Putting that question on a ballot is like asking politicians if they want a raise, oh wait, they do vote…
PriceAdvantage Experiences Substantial Growth
Large and small fuel retailers are adopting PriceAdvantage software, leading to substantial company growth. PriceAdvantage, a division of Skyline Products, has revealed that the company experienced substantial growth for the first quarter of 2016. This growth has been attributed to a number of new customers, as well as the expanded use of company software by…
Rutter’s Sells $1 Million Lottery Ticket
Rutter’s has sold yet another huge winning lottery ticket. Rutter’s has once again sold a Pennsylvania Lottery ticket that has turned out to be worth $1 million. This marks the second time this year that a Rutter’s customer has won a huge Pennsylvania Lottery prize. The Rutter’s in Mountville, Pa. sold a winning $1 Million…
Krause Gateway Center Construction Continues
The new Krause Gateway Center will provide an engaging space for the community to interact with Kum & Go associates. Plans for the new Krause Gateway Center, which will house the Kum & Go store support center headquarters, have been submitted to the City of Des Moines for review. The Center is currently under construction…
California and New York to Raise Minimum Wage
Some states are responding to the nationwide push for a higher minimum wage. As the push for a higher minimum wage rages across the U.S., two of the country’s most populous states are moving to become the first to raise the statewide minimum wage to $15 per hour. According to a report from Market Watch,…
Energy Transfer Partners and Sunoco LP Complete Dropdown Transaction
A dropdown transaction to Sunoco LP is expected to increase the company’s distributable cash flow. The previously announced dropdown transaction between Energy Transfer Partners L.P. (ETP) and Sunoco LP is now officially complete, as of March 31, 2016. The transaction includes the dropdown of the remaining 68.42% interest in Sunoco LLC to Sunoco LP, along…
Health and Beauty: More Than Before
Health and beauty aids (HBA) aren’t usually products that many c-stores take the time and trouble, or go to the expense to actively market. But they should. The U.S. beauty industry reached $16 billion in 2015, a 7% increase over 2014 sales, according to the NPD Group. Makeup experienced the healthiest sales growth—13% during that…
Hoshizaki Receives ENERGY STAR Sustained Excellence Award
Hoshizaki demonstrates commitment to energy efficiency. Hoshizaki America Inc. is being recognized by the U.S. Environmental Protection Agency (EPA) for the company’s continued leadership in protecting the environment through superior energy efficiency achievements. The EPA has presented Hoshizaki with a 2016 ENERGY STAR Partner of the Year – Sustained Excellence Award for its accomplishments. Hoshizaki…
Debit Swipe Fees Remain Too High
The NRF is calling for the Federal Reserve to review and revise the debit card swipe fee cap. The National Retail Federation (NRF) has stated that, although the cap on debit card swipe fees, which was enacted by the Federal Reserve five years ago, has helped reduce costs for retailers and consumers, fees are still…