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Tuesday, November 10, 2009
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VOLUME 9
ISSUE 219
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SNACKS & CANDY
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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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Sinclair Retail Extinction
Iconic oil company puts remaining gas stations on block for 2010 exit
By Greg Lindenberg
SALT LAKE CITY -- Sinclair Oil Corp., which earlier this year announced that it was committed to exit the retail side of the petroleum business by the first quarter of 2010, said Monday that it is selling its remaining 29 Sinclair-branded gas stations located in six states.
"We have already sold approximately 60 locations to and through our jobber network, and this current offering aligns us with our company goal to get out of the retail business entirely by early next year," said Bud Blackmore, senior vice president of marketing and supply for Sinclair Oil.
FULL STORY
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Changing the Game
Retailers should design c-stores around attitudes of shoppers: study
By Linda Abu-Shalback Zid
PHOENIX -- To find out what consumers want, study them. That's just what Cadbury North America and design firm Shook Kelley did. Kim Zenchak, director of customer and shopper insights at Cadbury, shared the results of the study and offered possible solutions for common pitfalls with attendees at CSP's 2009 Consumer Insights Forum.
One insight stemmed from the physical aspects of stores, with stores often being constricted, and carrying too many products amid a "sea of color." "You walk in and you don't know where to look," Zenchak told the group of about 75 retailers and suppliers in Phoenix.
FULL STORY
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Kraft Repeats Cadbury Offer
Hostile bid for sweets maker rejected
NORTHFIELD, Ill. -- Kraft Foods on Monday repeated the $16.4 billion cash and shares terms of its original offer for Cadbury, which the candy maker rejected two months ago, and took its bid, now worth 4% less after a fall in Kraft shares, directly to Cadbury shareholders, said Reuters. Cadbury lost no time rejecting the "derisory offer," as chairman Roger Carr termed it.
Kraft CEO Irene Rosenfeld has repeatedly insisted that she will not overpay for Cadbury, while Cadbury's CEO Todd Stitzer has said a linkup with Kraft made no strategic sense and it has a strong future as an independent candy maker.
FULL STORY
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CSP Information Group
Copyright © 2009 CSP Information Group, Inc.. All rights reserved.
For more information, please visit www.cspnet.com
All of the releases provided are protected by copyright and other applicable laws, treaties, conventions. All reproduction, other than for an individual user's reference, is prohibited without prior written consent. For editorial matters, please contact Greg Lindenberg at (630) 574-5075 ext. 233, glindenberg@cspnet.com. For advertising information, please contact Jim Bursch at (630) 574-5075 ext. 224, jbursch@cspnet.com. For subscription changes and problems, please contact Mary Magnani at (203) 283-9248 ext. 4, mmagnani@cspnet.com. Please email news, news tips, press releases, product releases, personnel announcements, daily poll suggestions, comments and other correspondence to glindenberg@cspnet.com. On Twitter: www.twitter.com/glcspdn. On Facebook: www.facebook.com/glcspdn. Fax: (630) 574-5175. Mail: Greg Lindenberg, CSP, 1100 Jorie Blvd. #260, Oak Brook, IL 60523.
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