Last updated on May 21st, 2015 at 09:22 am
Convenience Store News In Brief
Peter Tedeschi, president and CEO of Tedeschi Food Shops, Rockland, Massachusetts, offered this comment on the 7-Eleven acquisition of Tedeschi Food Shops, announced on May 18. “7-Eleven and Tedeschi Food Shops share a mutual respect for each other that promises to make the results of this acquisition significant. We both understand that at the heart of any great company are great people; and that great people deserve a culture that serves them so that they may better serve our customers. We have a great deal to offer each other, and I look forward to seeing what the future holds”…
A group of 32 U.S. senators sent a letter to the U.S. Food & Drug Administration calling for a one-year delay on compliance with the new menu labeling requirement. The law covers restaurants and similar retail food establishments with 20 or more locations. …
The Vermont Legislature extended a 6 percent sales tax on soft drinks. It also increased cigarette taxes by $0.33 per pack and passed a comparable increase on other tobacco products. Floor taxes will be required on the tobacco changes. “Soft drinks” means non-alcoholic beverages that contain natural or artificial sweeteners, but does not include beverages that contain milk or milk products, soy, rice or similar milk substitutes, or greater than 50 percent of vegetable or fruit juice by volume.
