Convenience Stores

Washington, D.C. – Neil Trautwein, VP and employee benefits policy counsel of the National Retail Federation, told a congressional panel today that retail and chain restaurant companies continue to have serious concerns about the Patient Protection and Affordable Care Act and remain worried by the quickly approaching deadlines for full healthcare reform implementation, anticipated for January 2014.

WASHINGTON — The National Retail Federation told a congressional panel that retail and chain restaurant companies continue to have serious concerns about the Affordable Care Act and remain worried by the quickly approaching deadlines for full health care reform implementation, anticipated for January 2014.

Annual study tracks cost of building and outftting stores

The cost of building and outfitting stores is on the rise, according to Chain Store Age's 2013 Store Construction and Outfitting Survey.

Washington, D.C. – A sizable majority of American consumers oppose efforts by the government to impose limits on the size of soft drinks and other sugary beverages sold in restaurants, according to results of a new Gallup poll. Sixty-nine percent of 1,015 consumers ages 18 and older said they would vote against a law limiting the size of sugary beverages to 16 oz.

Sales in the convenience store industry advanced 2.7% during 2012, well below a prior year gain of 18.5%, as meaningful economic growth hampered results.

New York – Former Duane Reade CEO Anthony Cuti and CFO William Tennant failed in an attempt to have their 2010 convictions for securities fraud overturned. The Second U.S. Circuit Court of Appeals in New York upheld a June 2010 federal jury decision to find Cuti and Tennant guilty of providing misleading earnings information to shareholders and private equity group Oak Hill Capital partners, which purchased Duane Reade in 2004, between 2000 and 2004.

Seattle – The New York Court of Appeals has ruled that Starbucks shift supervisors are eligible to share tips left in plastic containers by cash registers with baristas. However, assistant managers are not entitled to share in the tips.

Atlanta - A Tuesday report by the Atlanta Business Chronicle said that the HoneyBaked Ham Co. of Georgia will expand in the Northeast with 30 new stores over the next five years, and will make its international debut in Japan via a partnership with Toranomon Ham Co. Ltd.

“Demand is growing in the northeast region,” said Molly Kesmodel, VP franchise development at HoneyBaked Ham. “Strategically speaking, we have had a solid year thus far with signed deals in Pennsylvania, Alabama and Georgia."