Researchers “found no support that banning tobacco ads throughout the store would discourage kids from trying to purchase cigarettes,” according to the study’s author. U.S. teens are much less likely to buy cigarettes if they are hidden from view, new research suggests. The study tracked the purchases of a group of adolescents as they “shopped”…
Kum & Go CEO Named Ernst & Young National Entrepreneur Finalist
Kyle Krause honored as 2012 Retail and Consumer Products Award finalist. Kyle Krause, President and CEO of Kum & Go, L.C., has been named one of the nation’s top four finalists for the prestigious Ernst & Young National Entrepreneur Of The Year 2012 Retail and Consumer Products Award. Earlier this year, Krause was named the…
Cumberland Farms To Award Believe and Achieve Scholarships
“At Cumberland Farms, we are committed to helping young people fulfill their dreams of entering college,” says president of the Cumberland Farms Retail Division. Cumberland Farms is reminding high school seniors across its service area that the Dec. 15, 2012 application deadline for the company’s popular Believe and Achieve Scholarship Program is right around the…
Candy Ranks As Top Adult Snack Purchase
Chips and fresh fruit follow candy as top seasonal snack purchases. Visions of sugar plums and all other types of candies are dancing in the heads of not only children but adults too during the winter holiday season, according to a holiday snacking report by The NPD Group, a global information and advisory services company.…
Dunkin' Donuts To Open In 12 New Airport Locations
Dunkin’ Donuts’ Trip Planner allows holiday travelers to map all of the Dunkin’ Donuts restaurants along their road trip. With the number of airline tickets sold for Christmas and New Year’s already up more than 50% from last year, Dunkin’ Donuts is prepared for the rush of travelers stopping by to fuel up at its…
NCR To Acquire Retalix
Acquisition of Retalix will position NCR as the innovation leader delivering a world-class portfolio of hardware, software and services offerings for the retail industry. NCR Corp. has announced a definitive agreement for NCR to acquire Retalix Ltd., a global provider of innovative retail software and services, for a cash purchase price of $30 per Retalix…
Foodservice Sales Soar
More than half of today’s consumers pick up snacks from prepared-food sections of convenience stores or mini-marts. Foodservice is a key area of opportunity for convenience stores. As revenues from gasoline and tobacco products fall, foodservice sales are increasingly becoming convenience stores’ most profitable category. C-store foodservice is an $11 billion industry and the second…
VeriFone Initiates Play at the Pump Lottery
First U.S. lottery ticket receipt printed at gas dispenser in Greater Minneapolis area in November. VeriFone Systems Inc. has announced the first U.S. lottery ticket sale at the fuel pump was printed at a Greater Minneapolis area convenience store and gas station in November. Lottery sales at the pump and other self-service locations represent a…
BP Banned From New Federal Contracts
EPA suspends BP and its affiliates due to 2010 Deepwater Horizon spill, following plea agreement. The U.S. government has banned BP Plc from taking new federal contracts over its “lack of business integrity” in the 2010 Deepwater Horizon oil spill, Reuters reported. The suspension, announced by the Environmental Protection Agency (EPA), follows BP’s Nov. 15…
Jones & Frank Markets Vendgogh’s Gas Island Vending
Strategic partnership helps bring cold drinks to gas-only customers. Vendgogh, the provider of Gas Island Vending Solutions has entered into a strategic partnership with Jones & Frank (J&F). J&F is a solution integrator to convenience stores in 16 states along the entire Eastern seaboard, and a Gilbarco distributor, which plans to market, install and…