Expanded fresh food offerings and continued lower gas prices drove strong convenience store sales in the second quarter of 2015 and these factors, along with the warm weather, are expected to continue to grow sales in the upcoming quarter, according to the results of a retailer sentiment survey released by the National Association of Convenience […]
Category: Northeast
Posted in, Northeast
NRA To Continue To Push For Healthcare Law Changes
Although the Supreme Court has upheld the federal Affordable Care Act, the National Restaurant Association believes Congress must make common-sense changes to the law. Dawn Sweeney, president and CEO of the National Restaurant Association, issued the following statement regarding the Supreme Court’s decision on King vs. Burwell: “While (this) decision by the Supreme Court is one […]
Posted in, Northeast
Federal Rule Could Make More Salaried Workers Eligible For Overtime Pay
President Obama is expected to formally announce a new rule from the Department of Labor (DOL), raising the salary threshold under which employees must be paid overtime rates for hours worked. Currently, that salary threshold is $455 per week, or $23,660 per year. The proposed DOL rule would dramatically increase that amount to a number […]
Posted in, Northeast
IGA Launches New Wellness Initiative, And More…
Supermarket News In Brief… IGA has rolled out IGA Better Choices, a new health and wellness program designed to provide IGA shoppers with information to make informed and balanced decisions about their health and wellness needs and IGA retailers with insights into topics. The Better Choices program, which includes informational components for both IGA shoppers […]
Posted in, Northeast
Cambridge Petroleum Corp. Readies Eight Sites For Bid, And More…
Convenience Store News In Brief… Cambridge Petroleum Corp. (CPC) plans to sell the leasehold rights title and interest in seven gasoline service stations (along with commission contracts with the existing lessees) and the fuel supply on one location through a sealed bid sale to be coordinated by The Energy Exchange of Chicago. The sealed bid […]
Posted in, Northeast
Vermont Farm Is Big Winner At Summer Fancy Food Show, And More…
New Channels News In Brief… Raspberry Rhubarb Goat Milk Caramels from Fat Toad Farm in Vermont is the winner of the sofi Award for outstanding new product of 2015. The confection is one of 33 winners in the annual competition that honors excellence across all specialty food categories, from appetizers to pastas to vinegar. The […]
Posted in, Northeast
Arbor Investments Purchases Massachusetts-Based Concord Foods
Concord Foods LLC of Brockton, Massachusetts, a supplier of retail food products and custom ingredients to nationally recognized supermarkets, food service operators and manufacturers, recently was purchased by Arbor Investments, a Chicago private equity firm. Concord’s four divisions—Concord Foods, Oringer, Red-E-Made and Tempo—serve retailers, food manufacturers and food service establishments across the country. Concord’s retail division […]
Posted in, Northeast
U.S. Senators File Bill To End Online Lotteries
Several U.S. senators have filed a bill that would end online lotteries. These senators include Lindsey Graham (R-South Carolina), Dianne Feinstein (D-California), Kelly Ayotte (R-New Hampshire), Mike Lee (R-Utah), Marco Rubio (R-Florida), Dan Coats (R-Indiana) and Thom Tillis (R-North Carolina). The senators noted that, in December 2011, the Department of Justice (DOJ) published an opinion […]