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Retail

Rent-A-Center Store Sales Plummet in Fourth Quarter 2016

Rent-A-CenterTexas-based franchisor Rent-A-Center Inc. [NASDAQ:RCII] announced Wednesday that same-store sales are estimated to have dropped by 14 percent in its core U.S. stores for the fourth quarter that ended December 31, 2016.

New 7-Eleven President Scheduled to Unveil Strategic Plan for Struggling Chain

TOKYO – When 7-Eleven's new president stepped into office May 26, he promised a turnaround proposal for the stumbling convenience store chain within 100 days. Now, entering his 115th day with Seven & i Holdings Co., and stock plunging 22 percent this year, Ryuichi Isaka plans to unveil the long-awaited strategic growth plan on October 6, with the firm's second quarter earnings statement.

WSJ Reports Couche-Tard Nears Deal to Acquire CST

Retail conglomerate Alimentation Couche-Tard Inc., a Canadian holding company and franchisor of convenience store brands such as Circle K, is the likely winner of an auction deal to acquire c-store chain CST Brands Inc. CST is a spin-off of Valero Energy Corp., which goes mainly under its Corner Store brand of nearly 1,000 stores in the southwestern U.S., New York and eastern Canada.

7-Eleven Heats Up Slurpee's 50th Anniversary through Technology

Branding foodservice is nothing new at 7-Eleven, home of one of the world’s favorite drinks, the Slurpee, which turns 50 this year.  7-Eleven Inc. is celebrating the 50th anniversary of the Slurpee this summer by giving away an estimated 9 million free small Slurpees. On July 11, Free Slurpee Day, participating 7-Eleven stores will offer the free drinks from 11 a.m. to 7 p.m.

Former 7-Eleven Employee Fights for Underpaid, Exploited Workers

A 7-Eleven convenience storeA former employee of a 7-Eleven franchised store in Australia is speaking out against convenience store chain operators who continually underpay and exploit workers, allowing them to pocket the extra money they collect through an employee cash-back scheme.

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IslandTime Treasures Brings Funshine to the Motor City

IslandTime Treasures Opens Another Michigan Location

IslandTime Treasures Converts to a Nationwide Dealer Program

America’s most unique child business opportunity package is now just $2,995 and available worldwide.

Brand Integrity: The Watch-Phrase For 2015

Just before holiday break, an article in Smartbrief caught my eye. In Smartbrief’s version of the title, it was called “Integrity is Less Expensive Than the Alternative”.

Ace Hardware Same-Store Sales Gain 3.7 Percent

Ace Hardware retailer front window
The front window of an Ace Hardware franchise. photo/bmm

OAK BROOK, Ill. – Ace Hardware Corporation reported that 3,000 retailers, which share POS data, increased customer count as well as average transaction size. The result was that Ace owners had a same-store sales increase of 3.7 percent in the past quarter. For the first nine months of 2014, same-store-sales at these stores were up even higher, 4.1 percent.