Corporate News
PS Food Mart Stores Program Supports Hungry Families
The retailer’s "Fight Hunger. Give Hope." campaign seeks to raise $30,000 for local food pantries.
Posted Mar 12, 2010
Jones Soda, Reed’s Agree to Merger
Soda maker with a cult-like following has agreed to be acquired by rival Reed's for about $10 million.
Posted Mar 12, 2010
BP, Brazil Signoff On $7 Billion Offshore Deal
The deal gives BP a greater footprint in the Gulf of Mexico and the Caspian Sea.
Posted Mar 12, 2010
Coca-Cola to Acquire CCE’s North American Bottling Business
News reports suggest the end result could be lower prices for consumers.
Posted Feb 26, 2010
Walmart Suffers First U.S. Sales Decline
Analysts suggest that the drop may signal that the retailer faces growth challenges as the economy emerges from the recession.
Posted Feb 23, 2010
Philip Morris Appeals to Supreme Court on Public Deception Ruling
The tobacco company wants the justices to overturn a ruling that found the industry violated RICO for not being upfront with the public about the harmful effects of smoking.
Posted Feb 22, 2010
Walgreens Could Follow Duane Reade Purchase With Rite Aid
Analysts say Rite Aid Corp. could be a 'takeover target' for rival drugstore chain Walgreens.
Posted Feb 19, 2010
Dunkin' Donuts Ranks High in Customer Loyalty
Survey also finds that Dunkin' Donuts is number one in the coffee category.
Posted Feb 18, 2010
Philip Morris Profits Rise
The tobacco company announced a $12 billion share buyback program.
Posted Feb 15, 2010
NOCO Express Kicks Off MDA Shamrock Campaign
Through March 17, every $1 donation at NOCO Express Stores benefits the MDA of Western New York.
Posted Feb 9, 2010
Cadbury Execs Call It Quits
Three top officials announce plans to leave the company after the Kraft takeover is approved.
Posted Feb 5, 2010
7-Eleven Gives Back with ‘Coffee Cup With A Cause’
Nicole Richie, Joel Madden, and Benji Madden Design Program’s Inaugural Cup; campaign to run throughout 2010.
Posted Feb 2, 2010
CarterEnergy to Celebrate 50 Years by Asking Children, “What Will Fuel the Future?”
Educational outreach program includes a traveling road show that will visit Kansas City, Dallas, Oklahoma City and Denver metro areas.
Posted Jan 26, 2010
What’s In It for Me?
Burger King franchisees aren’t exactly reaping the value from a certain Value Menu item.
Posted Jan 22, 2010
53 Million Tylenol, Benadryl, Motrin Products Recalled
But recall comes nearly 20 months after McNeil Consumer Healthcare (a division of Johnson & Johnson) began receiving consumer complaints.
Posted Jan 19, 2010
Starbucks Accepts Red Cross Donations for Haitian Relief Efforts
Starbucks Foundation also to contribute $1 million dollars to the American Red Cross.
Posted Jan 19, 2010
7-Eleven Receives 2009 Retailer Chief Award for Merchandising Excellence
Retailer applauded for pushing for policies and practices that help elevate its industry, while working to exceed the needs of consumers.
Posted Jan 19, 2010
Wallets Open, Card Companies Rake It In
As more folks use their credit cards to make charitable donations to Haiti, credit card companies profit.
Posted Jan 15, 2010
Rutter’s Loyalty Program Grows
Number of Rewards cardholders tops 100,000 in program’s first three months.
Posted Jan 5, 2010
Weis Markets Lowers Prices on 2,600 Staple Items
Grocery chain also freezes prices on an additional 624 items for at least 90 days.
Posted Jan 5, 2010
Geo. H. Green Oil Raises More Than $21,000 for Charity
The company upped its charity contributions 7.3 percent from last year.
Posted Dec 31, 2009
Subway Tops List Of Best Franchises For 2010
Sandwich shop once again grabs No. 1 spot on Entrepreneur.com’s list
Posted Dec 30, 2009
RaceTrac Gives 100% of Coffee Sales to Charity
Tis the season! RaceTrac supports local charity, Camp Sunshine, with coffee sales.
Posted Dec 18, 2009
7-Eleven Acquires New England Pantry
New England White Hen stores join 7-Eleven stores to bring consumers added convenience.
Posted Dec 17, 2009
Fry's Food Stores Associates in Arizona Ratify New Labor Agreement
Agreement affects 13,000 Fry's associates from 120 Arizona stores and 400 Smith's associates from four Arizona stores.
Posted Dec 15, 2009
Dollar General Posts Strong Q3 Sales
The discount chain continues to attract more shoppers and provide customers ‘quality products and great value in a convenient neighborhood store.’
Posted Dec 11, 2009
Diversity Publisher Names 7-Eleven ‘2009 Top Franchise’
Three publications recognize the convenience retailer for providing career opportunities for minorities.
Posted Dec 3, 2009
7-Eleven Announces Manhattan Store Growth
7-Eleven plans to open 100 stores in Manhattan within the next five years.
Posted Dec 1, 2009
Why the Cadbury Deal Matters
U.K. chocolate producer’s ability to compete by itself in the consolidating global confectionery market is unlikely.
Posted Nov 30, 2009
Dollar Tree Sales Continue to Grow
Products for a buck at Dollar Tree resonate strongly with consumers; net sales up 12 percent as company raises its full year outlook.
Posted Nov 30, 2009
Coca-Cola Aims to Triple China Sales
Global goal is to double revenue to $200 billion within 10 years, with 60 percent of its growth coming from China, India and other emerging markets.
Posted Nov 24, 2009
Whole Foods to Reward Workers Who Lose Weight
Mobile labs to be used to perform health tests, with measurable health improvement to yield greater in-store discounts for employees.
Posted Nov 24, 2009
Hershey Adding Heat to Kraft’s Bid for Cadbury?
Pennsylvania chocolate-maker may bid $17 billion for Cadbury, prompting bidding war.
Posted Nov 24, 2009
7-Eleven Increases North Texas Presence
The Dallas-based company plans an additional 75 stores in its home state and an additional 4,000 locations across the globe.
Posted Nov 23, 2009
American Express Acquires Revolution Money
The deal combines state-of-the-art technology platform with leading global brand.
Posted Nov 19, 2009
KSS Inc. Joins PCATS
Company’s expertise in fuel pricing technology and analytics will help PCATS pursue technological excellence.
Posted Nov 19, 2009
Nabi Signs Deal for Anti-Smoking Drug
The maker of an experimental nicotine vaccine will work with GlaxoSmithKline to produce the drug.
Posted Nov 18, 2009
him! Staff Concludes Cross-Pacific Row
After 189 days at sea rowing nearly 7,000 miles, Chris Martin and Mick Dawson reach San Francisco.
Posted Nov 16, 2009
General Mills Among ‘Greenest Companies’ in U.S.
Newsweek ranks the company 96th overall among America's 500 largest corporations.
Posted Nov 13, 2009
Reynolds American Considers Deal With Smoking-Cessation Company
The maker of Camel cigarettes is looking into acquiring Niconovum AB, which sells products to help people quit smoking.
Posted Nov 11, 2009
Snack Food Companies Discontinue Merger
Snyder's of Hanover Inc. and Utz Quality Foods Inc. discontinue merger.
Posted Nov 6, 2009
Walmart Focuses on Food for Holiday Giving
Retailer has increased its U.S. holiday giving by 28 percent this year, and it will help Meals on Wheels upgrade and replace delivery vehicles and equipment.
Posted Nov 5, 2009
7-Eleven Holds First Private-Label Summit
Summit provides transparency to 7-Eleven’s suppliers about the company’s business strategy relating to private-label growth.
Posted Nov 3, 2009
Walmart Eyes U.S. Urban Expansion
Company calls downtown areas high-growth priorities and is finding that consumers are more likely to welcome them.
Posted Nov 3, 2009
Winn-Dixie to Offer Affordable Health Insurance to Customers in All of Its Florida Stores
Partnership with Blue Cross and Blue Shield of Florida (BCBSF) is convenient, affordable option for individuals and families.
Posted Oct 29, 2009
Snyder’s of Hanover Acquires Utz Quality Foods
The company plans to continue operations at all four Utz Pennsylvania plants.
Posted Oct 26, 2009
GasBuddy OpenStore, PDI Form Strategic Alliance
The companies plan to combine technologies to the mutual benefit of their customers.
Posted Oct 20, 2009
Economies of Scale: PepsiCo and Anheuser-Busch Form Landmark Purchasing Pact
Agreement is thought to be the first of its kind between two large U.S. corporations.
Posted Oct 15, 2009
Lance Inc. Acquires Stella D’oro Brand
Lance will continue producing popular Stella D'oro products.
Posted Oct 15, 2009
Aloha Petroleum Launches Donation Drive
Company to partner with American Red Cross to help provide relief funds.
Posted Oct 13, 2009
Kroger Steps Up Store Brand Food Production
Company’s store branded items see strong 15 percent growth over the past year.
Posted Oct 13, 2009
Family Dollar Reports Record Earnings
Family Dollar's net income increased 25 percent this year to $291.3 million.
Posted Oct 9, 2009
Safeway Launches Annual Breast Cancer Fundraising Campaign
Company funding creates groundbreaking research projects.
Posted Oct 6, 2009
ConAgra Foods Fights Child Hunger
$10 million grant is unveiled at the Feeding America’s Hunger Action Month concert.
Posted Oct 1, 2009
Driver Reviver Campaign Wins Top CSR Award
Topaz/RSA partnership praised for highlighting dangers of driver fatigue.
Posted Oct 1, 2009
Blockbuster Adds DVD Rental Kiosks, Announces Plans to Close Stores
Blockbuster deploys Blockbuster Express Kiosks To Publix Stores in the southeast with plans to add up to 10,000 by the end of next year.
Posted Sep 18, 2009
Rutter’s Announces Donations to 11 Food Pantries
Rutter’s charitable giving tops $2 million over the past seven years.
Posted Sep 10, 2009
7-Eleven Awards Kraft Foods With Top Retailer Initiative Honor
The award recognizes Kraft for its team merchandising, product development, new offerings based on consumer insights and promotional support.
Posted Aug 28, 2009
Church’s Random Gifts of $1,000
Church’s Chicken wraps ups charitable initiative today in Atlanta.
Posted Aug 14, 2009
Meijer Provides Gift Cards to Families in Need
Supercenter chain partners with local food banks for free gift card distribution.
Posted Jul 23, 2009
Tedeschi Welcomes 50 Employees to President’s Club
Top seven percent of employees are recognized with the annual distinction.
Posted Jul 22, 2009
Japanese Beer Companies Discuss Merging
Together, Kirin and Suntory would control half of Japan’s beer market.
Posted Jul 15, 2009
7-Eleven Wants a Few Good Vets
The retailer is offering discounted franchises to retired military personnel.
Posted Jul 2, 2009
BP Names New Chairman
Appointment of Carl-Henric Svanberg ends the search for current Chairman Peter Sutherland’s replacement.
Posted Jun 26, 2009
Visa Sees Credit Card Industry Restructuring
New credit card reform legislation will “cause the whole industry to rethink itself.”
Posted Jun 4, 2009
R.J. Reynolds Launches New Retailer Site
New Web site provides online access to category information and industry data.
Posted Jun 2, 2009
Rutter’s Ranks First in Best of York
Readers of the local newspaper put the convenience store chain ahead of McDonald’s Burger King and Starbucks.
Posted Jun 1, 2009
Rutter’s Launches Gasoline Promotion
Eight customers will win free gas for one year; one customer will ride away on a Harley-Davidson.
Posted May 22, 2009
CEO: New Products Key for Tobacco Company
As cigarette sales decline, Altria makes a strong push with snuff and cigars.
Posted May 22, 2009
Safeway Raises $11.2 Million for Disabled
Safeway's ongoing effort at funding charities that support people with disabilities has raised a cumulative $121 million.
Posted May 21, 2009
Rutter’s Golf Outing Nets $90,000 for Children’s Charities
The annual event raises money for groups that help disadvantaged kids.
Posted May 20, 2009
Shell, BP May Post Largest Drop in Profits
Europe’s two biggest oil companies could experience the most decline in quarterly earnings in at least five years.
Posted Apr 29, 2009
Mars Raises the Bar On Sustainable Cocoa
Rainforest Alliance Collaboration is important step towards green goals.
Posted Apr 10, 2009
Supreme Court Refuses to Hear Reynolds Appeal
The high court will not get involved in a patent dispute over curing tobacco.
Posted Mar 11, 2009
Labatt USA Headquarters to Remain in Buffalo
The new owner commits to Buffalo and may add new jobs in the process.
Posted Feb 26, 2009
General Tobacco Reaches Settlement Agreement
The cigarette manufacturer enters into an agreement with states under the tobacco industry’s Master Settlement Agreement.
Posted Feb 18, 2009
Exxon Profits Fall 33 Percent
Exxon Mobil blames lower oil prices as the reason behind the decline in its fourth quarter profits.
Posted Feb 2, 2009
Visa Nears Interchange Fee Deal With EU
Visa Europe is close to ending its dispute with EU competition authorities regarding transaction fees.
Posted Jan 22, 2009
Lawsuit Filed Against Vitaminwater
The Center for Science in Public Interest filed a class-action lawsuit against Coke over Vitaminwater’s healthful claims.
Posted Jan 19, 2009