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Tuesday, February 9, 2010
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VOLUME 10
ISSUE 26
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Recent Headlines
A complete archive of recent news in the snacks & candy category
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MERCHANDISE
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Recent Headlines
A complete archive of recent news in the general merchandise category
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7-Eleven Meets the Mavs
Convenience retailer opening store in American Airlines Center in Dallas
DALLAS -- A new 7-Eleven c-store is set to open in March at American Airlines Center in Dallas, home of the Mavericks and Stars, according to a report by SportsBusinessJournal.com. Putting a c-store in a sports facility is a first for 7-Eleven, a company spokesperson told the sports news outlet. Center Operating Co., the facility's manager, was in the final stages of negotiating a 10-year contract last week with officials from 7-Eleven, which is based in Dallas, the report said.
FULL STORY
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Alon Brands IPO Nearing?
More than year after filing paperwork, parent company waits on financial climate
By Linda Abu-Shalback Zid
DALLAS -- It has been more than a year in the making, but Alon Brands hopes to begin an initial public offering (IPO) of stock "sometime around the second quarter of this year," according to Kyle McKeen, president and CEO. The company had filed the necessary paperwork in November 2008, but the conditions just haven't been right, according to McKeen.
FULL STORY
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So Long, Soda Tax
Beverage industry defeats tax on soft drinks
WASHINGTON -- Employing a broad-based lobbying effort, the soft-drink industry has defeated a plan to tax sugared beverages, reported The Los Angeles Times. Public health advocates thought the tax would be a natural for congressional Democrats looking for revenue to fund expanded health insurance coverage, said the report. And the soaring costs of treating ailments related to excess weight—including diabetes and heart disease—added urgency to the issue.
FULL STORY
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