Brush Up on Your Bourbon Facts

In honor of National Bourbon Heritage Month in September, Forbes.com recently ran an article titled “6 Things You (Probably) Didn’t Know About Bourbon.” Here is a summary of the six interesting facts: Bourbon is heavily regulated. Unlike whiskey, it’s illegal to supplement bourbon with added color or flavoring. In addition, bourbon must be made in…

Pumpkin Forecast

This summer’s drought reduced the number and size of pumpkins in many growers’ patches, but some say the summer’s abundant sunlight also produced more attractive pumpkins, and growers who irrigated their crops have both better-looking and bigger pumpkins to offer. It’s too early to tell whether the drought will affect the supply or price of…

Grocery Competition = Lower Prices

Stiffer competition for grocery-store dollars in several area communities will dilute the profits of competitors, but will ultimately benefit consumers, local grocers, and the industry, the Dayton Daily News reports. The most recent boost in competition among southwest Ohio supermarkets doesn’t quite rival the grocery wars of the late 1980s and early 1990s, when Cub…

Kraft Becomes Mondelez

Mondelez International Inc. is commemorating its launch as a new company with events around the world. Joined by 14 employees from five continents, chairman and CEO Irene Rosenfeld rang the opening bell on the NASDAQ Global Select Market last Wednesday to mark the second day of trading under the company’s new ticker symbol MDLZ. Kraft…

Holiday Sales Forecast

Higher consumer confidence levels, increased impulse buying, and consumer intent to spend more could all lead to an upside surprise in 2012 holiday spending, according to Nielsen analyses. For sales in 89 categories across five key departments (food, beverages, alcohol, health/beauty, and homecare), Nielsen is forecasting spending for November and December, 2012 to reach $98.3…

Finding Security

Protecting credit-card numbers from increasingly savvy hackers can be a daunting task, especially for single-store operators without the IT knowledge and personnel. But retailers, regardless of their resources, must still do what they can, considering how credit-card data theft was an $8 billion industry last year. Hackers are writing software specific to point-of-sale (POS) systems.…