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Tuesday, March 16, 2010 VOLUME 10 ISSUE 51  


TECHNOLOGY
Recent Headlines
A complete archive of recent news in the technology category
TOBACCO
Not in Kansas Anymore?
Sunflower State retailers say tobacco tax hike will send customers to Missouri
Judge Reinstates Higher N.Y. Tobacco Registration Fees
Says industry groups lack "standing" to bring suit
Recent Headlines
A complete archive of recent news in the tobacco category
FINANCIAL
Recent Headlines
A complete archive of recent news in the financial category
SNACKS & CANDY
Kraft Foods Partners With NCAA, CBS Sports
Major snack brands named official "cracker," "nut" and "cookie" of all 88 championships
Recent Headlines
A complete archive of recent news in the snacks & candy category
PETROLEUM
Judge Orders Medford Stations Reopened
Closures would cause irreparable harm to business
Recent Headlines
A complete archive of recent news in the petroleum category
FOODSERVICE
Competition Heats Up for Breakfast Dollar
Restaurants add more breakfast items, even as diners spending less
Recent Headlines
A complete archive of recent news in the foodservice category
Grab & Go, C-Store Breakfast at Quizno's
Fare: The latest in multi-channel foodservice news
BEVERAGES
Recent Headlines
A complete archive of recent news in the beverages category
SERVICES
Sheetz Rolls Out DVD Kiosks
Deploying Blockbuster Express units at most locations
Recent Headlines
A complete archive of recent news in the services category
MERCHANDISE
Recent Headlines
A complete archive of recent news in the general merchandise category

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RaceTrac Upgrading Foodservice
C-store owners must adopt restaurant mentality, industry expert says

ATLANTA — To bring customers into its stores, RaceTrac Petroleum Inc. has launched a new line of sandwiches, salads and coffee at its 270 locations, according to a report by The Atlanta Business Chronicle. RaceTrac has 525 stores nationwide, some of which are under the RaceWay brand.

Gone are the days when the wrapping around the convenience store sandwich tasted the same as the food itself, said the report. "That's been the historical perception," Simon Osborn, RaceTrac's vice president of logistics and foodservice, told the newspaper. "You could grab something quick, but not quality. That's not what the consumer wants any more. They want more selections, healthy choices. They want to know that they are buying a quality product."

FULL STORY
 

Refiners Hit Brake on Gas
Companies assessing downstream businesses as demand slumps

CHICAGO -- Some of the nation's biggest oil companies are looking at permanently reducing how much gasoline and diesel fuel they make, a move that analysts say would almost certainly trigger higher prices for drivers, reported The Chicago Tribune. Energy companies are suffering huge losses from refining because of slumping gasoline use—a product of the economic downturn and changing consumer habits and preferences. Energy experts say refining cutbacks have begun and will accelerate as corporations strive for profits.

Major refiners have been circumspect about their plans, saying that they are considering options that could include closing refineries, selling parts of their operations, laying off workers and slashing spending. "Refineries will have to be closed," Fadel Gheit, senior energy analyst with Oppenheimer & Co., told the newspaper. "Unless this excess capacity is permanently shuttered, a recovery in refining margins is unsustainable."

FULL STORY
 

Born to Be...Not Wild
Getting in front of the trends "elephant" is today's biggest retail challenge
By Mitch Morrison

LAS VEGAS -- To the thump of "Born To Be Wild", the cartoon-generated Baby Boomer couple have found the fountain of youth with turn-back-the-clock remedies Viagra, tummy tucks, fitness clubs and a plethora of pick-me-ups to heal all of life's ills. This is not your grandparents' generation, and this song is certainly not the Steppenwolf version made famous in the '60s epic Easy Rider. No, this is the 2007 MySpace uproarious cult classic "Born...Tubby...Mild" by Ambrosia LeAnne.

And the point? "Consumer trends constantly change and evolve.... Your challenge is to be ahead of the trend." This was Phil Lempert's message before a largely Baby Boomer crowd at the annual American Wholesale Marketers Association (AWMA) Show in Las Vegas.

FULL STORY
 

CSP DAILY NEWS POLL
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3 Musketeers®
Truffle Crisp
TLM Industries
Uniform Polo Shirt $10.75
Anheuser-Busch
Budweiser American Ale
Motion Technology
AutoFry™ & Multi Chef™
Hoshizaki America
"Jet Wash" Stationary Rack Dishwasher



McLane Company
Category: Wholesalers/Distributors
New England Coffee
Category: Hot Dispensed Beverages
Quantum Services
Category: Auditors
BIC Corporation
Category:
Smoking Accessories






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FUEL PRICES
Weekly Rack Prices
DTN data for week ended March 12, 2010
Average U.S. Retail Gasoline Prices
EIA data, March 15, 2010
Average U.S. Retail Diesel Prices
EIA data, March 15, 2010
Alternative Fuels Index National Roundup
EMI data for week ended March 12, 2010

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