Standard & Poor’s (S&P) downgraded Kroger Co.’s stock Monday from “hold” to “sell,” citing rising price competition, the Los Angeles Business Journal reports. The move follows an upgrade by Citigroup on Friday, from “neutral” to “buy,” citing higher pharmacy sales and market share gains. S&P lowered its target price from $25 to $21, while Citi […]
Category: Store News
Posted in, Midwest, Store News
Piggly Wiggly’s Stephanie Teteak Wins $10K as Best Bagger
Challenging the speed of light, Stephanie Teteak of Larry’s Piggly Wiggly in Kaukauna, Wisc., has won the 2012 National Grocers Association (N.G.A.) Best Bagger Championship, sponsored by the Kellogg Co., Bunzl Distributors Inc., and Pan-Oston. The contest, emceed by “Supermarket Guru” Phil Lempert, was held Monday during The N.G.A. Show in Las Vegas, Nev. This […]
Posted in, C-Store News, Southeast, Southwest
7-Eleven Acquires 55 Sam’s Mart Stores in the Carolinas
Slurpee® drinks, Big Bite® hotdogs, Big Gulp® beverages and other convenient services are on their way to Charlotte. Dallas, Texas-based 7-Eleven Inc. has entered into an agreement with Sam’s Mart LLC to acquire 55 Sam’s Mart stores in North and South Carolina and convert them to 7-Eleven® stores this year. The transaction is anticipated to […]
Posted in, C-Store News, Equipment & Technology, Midwest, Southeast
Noble Roman’s Partners with The Pantry for Pilot Program
Noble Roman’s Inc., the Indianapolis-based, non-traditional pizza franchisor, is partnering with The Pantry Inc., a leading convenience store operator in the Southeast, for a pilot program featuring Noble Roman’s branded foodservice system. The Pantry is headquartered in Cary, N.C., and has more than 1,650 locations in 13 states. The pilot program will begin with a […]
Posted in, C-Store News, National
Circle K Puts Electronic Cigarette on Shelves
Circle K Stores will carry new FIN Electronic Cigarette in each of its eight regions. The stores will sell the disposable FIN Electronic Cigarettes, which are equivalent to more than two packs of traditional cigarettes, as well as rechargeable FIN Electronic Cigarettes and accessories. The products are manufactured by Finiti Branding Group LLC. FIN Electronic […]
Posted in, C-Store News, Marketing News, Suppliers, West
AWMA Expo Sells Out, Space Being Added
The American Wholesale Marketers Association’s (AWMA) 2012 Expo is sold out, but space is being added to accommodate additional manufacturers at the group’s annual convention event—to be held Feb. 15-17, at the Paris Hotel in Las Vegas, Nev. “We are intent on making sure that each year the AWMA show introduces new features and activities. […]
Posted in, National, Store News
Rachael Ray, Ziploc Brand Bring ‘Fresh Outlook’ to Mealtime
According to the Ziploc® Fresh Eating Survey, 81 percent of Americans said they were looking for more ways to incorporate fresh ingredients into their family’s meals, yet only 46 percent of Americans responded that they eat foods containing fruits and vegetables every day. Ziploc Brand, a leader in food and home storage solutions, and best-selling […]
Posted in, Beverage News, C-Store News, Center Store, Marketing News, National, Southeast
Bebida Cited in Report Forecasting Growth for Relaxation Drinks
Statesville, N.C.-based Bebida Beverage Co., a developer, manufacturer and marketer of relaxation and energy drinks, anticipates a growing marketplace in 2012 for its relaxation drink products, including Koma Unwind and the upcoming Relax 5. “Bebida Beverage Co. is perfectly positioned to meet the growing demand for relaxation drinks, which is forecast to increase in 2012 […]