Convenience Stores Focus on Food

The Gazette (Cedar Rapids, Iowa) provided a detailed feature on the convenience store industry’s burgeoning foodservice programs. Citing NACS figures that show foodservice sales comprised 16.9% of $195 billion of in-store sales at convenience stores in 2011, The Gazette said, “Don’t think of them as gas stations. Instead, think of them as the place for…

Top 10 Craft Beer States

Top 10 Craft Beer States Craft beers are a booming business in the United States. Here is USA Today’s list of the top-10 states for craft beers. California: A state known for its wine making is also the top state for craft beers, boasting 268 craft breweries and counting Washington: With 136 craft breweries, the…

IRI, Boston Consulting Identify CPG Top Performers

Lorillard, Hershey, Anheuser-Busch InBev, Green Mountain Coffee Roasters, Chobani, Starbucks, TalkingRain, Idahoan, and Handi-foil are the top-performing companies in the U.S. consumer-packaged-goods (CPG) industry, according to a new study by The Boston Consulting Group (BCG) and Information Resources Inc. (IRI). This is the first study to compare both public and private CPG companies using a…

Beer Brands Experience Q1 Tailspin

Two of the country’s biggest beer brands are registering significant dips in sales that some are attributing to bad weather, among other factors. Advertising Age reports that marketers for MillerCoors, Heineken USA, and Anheuser-Busch InBev are also saying payroll taxes, higher gasoline prices, and rising interest in craft beer are contributing to the decline. The…

Reynolds Banks on Smokeless

Reynolds American Inc. is betting that smokeless tobacco products will up its net income by 35%, the Winston-Salem Journal reports. CEO/President Daniel Delen revealed few details during a recent talk with analysts, but he did say that the company would debut products in vapor (like electronic cigarettes), nicotine extract items (like lozenges), and nicotine-replacement therapy…

The Century Council Presents IKnowEverything

Thanks to all of you for joining the conversation during Alcohol Awareness Month—but our work is not finished. Since May is Global Youth Traffic Safety Month™, The Century Council—along with the International Association of Chiefs of Police Foundation, National Organizations for Youth Safety, and the National Sheriffs’ Association—is proud to introduce IKnowEverything. Developed to prepare…

Avoiding The Kiddie Tax

The “kiddie tax” prevents high-net-worth individuals from avoiding taxes by shifting investment assets into their children’s names.  In 2013, “children under age 20 and full time students living with the parents will pay income taxes at the parents highest marginal tax rate on all unearned income above $2,000.”  But there are methods of avoiding the…