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|Articles - October 2013|
|Monday, September 30, 2013|
Page 1 of 3
BY JONATHAN FROCHTZWAJG
Soda Shaq, the new line of cream sodas from Shaquille O’Neal and iced tea maker AriZona, is a health nut’s nightmare. Each Shaq-emblazoned, 23.5-ounce can contains 72 grams of sugar — the equivalent of 17 teaspoons. In health-conscious Portland, one would think the sodas, sold primarily through retail partner 7-Eleven, would go over like a lead balloon. But one month after the product release this summer, Portland sales weren’t just good — the city’s 7-Eleven stores were selling more Soda Shaqs per location each day than any other store group in the country.
To hear the New York Times tell it, Portland is a foodie’s land of (organic) milk and (local) honey where every denizen shops at a co-op, tends a garden and contemplates buying a goat. Evidently, though, more than a few of us don’t fit into that paradisaical portrait; instead, we patronize 7-Eleven and sneak swigs of sugary soda. There is a disconnect here, and perhaps nowhere is this gap more visible than through the lens of that ubiquitous peddler of instant gratification: the convenience store.
Nationally, the convenience store industry is a powerhouse. The 149,000 “c-stores” in the United States handle 160 million transactions per day. They grossed sales of $700 billion in 2012 — more than either grocery stores or restaurants. Both the number of stores and total sales increased, albeit modestly, last year.
Despite the state’s slow-food reputation, Oregon’s c-store industry is no exception to national trends. Our store count went up every year between 2009 and 2012, and our homegrown chain, Plaid Pantry, was among the 5,000 fastest-growing private companies in the country last year, according to Inc. magazine. As the media portrays us — and as we collectively see ourselves — Portlanders wouldn’t be caught dead at a convenience store. The status of Oregon’s c-store industry, its strengths and the hurdles ahead, however, complicate the Portlandia picture.
Despite strong performance in Oregon and around the country, the c-store sector faces several challenges. Health consciousness is rising. Gas profits are falling. More and more businesses are encroaching on c-stores’ primary proposition, selling convenience in the form of a self-checkout stand or an express espresso. Though it may be an unexpected source for convenience store innovation, our idiosyncratic state offers the industry some distinctly Oregon solutions.
Wednesday, April 29, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
Portland is awash in rideshare options. We ask the head of Flywheel what sets his app apart.
Thursday, May 28, 2015
BY LINDA BAKER | EDITOR
Reinventing capitalism. Office dumpster divers. Handprints versus carbon footprints. These are some of the ideas panelists and attendees discussed during the second annual Oregon Business “Green Your Workplace” seminar yesterday.
Tuesday, May 26, 2015
BY JASON E. KAPLAN | STAFF PHOTOGRAPHER
New Jersey and Oregon are the only two states in the U.S. that ban self serve gas stations. But these two holdouts may be ready to give up the game. New Jersey is considering legislation that would lift the state's ban on pumping your own gas. Oregon is considering smaller scale changes.
Monday, April 27, 2015
BY AMY MILSHTEIN
Companies can benefit when they use software to meet staffing requirements and address employees' family and life commitments.
Monday, April 27, 2015
BY JOE CORTRIGHT
The Knight challenge is an important instance of philanthropy. But we should not assume it will magically transform OHSU into a business- and job-spinning engine for the local economy.
Monday, April 27, 2015
BY LINDA BAKER
Mohan Nair channels a visionary.
Friday, May 22, 2015
BY CHRIS NOBLE
The right sunglasses can protect your eyes and look cool at the same time. This being the 21st century, select shades are socially conscious, too. Portland brand Shwood uses wood and other natural materials and manufactures locally. Founded by Ann Sacks, the brand Fetch dedicates a portion of its profits to animal welfare. But whether you choose classic tortiseshell or aviator chic, please, shed the sunglasses when you walk in the door — and, of course, at night.
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Tonkon Torp helps seed sustainability at Gunderson.
Oregon-based Environments helps companies create inspired workspaces. “Simply put, we help companies future-proof their workspaces,” says Chris Corrado, president. Since 1988,Environments has witnessed firsthand the changing landscape of business. Native Portlander and Environments founder Corrado says, “We help our clients navigate the complex realities of the workplace today and plan for their future in a very mindful, strategic way. We think of ourselves as their partners in the process.”
One hundred years ago, the Willamette River might easily have been mistaken for a sewer. Unchecked industrial activity and decades of pollution made it unrecognizable compared to the clean river that now flows north for 187 miles from Eugene through the center of Portland.
Sussman Shank LLP served as lead counsel for both the sale of 9 assisted living, memory care, and independent living campuses in Washington, Oregon, and California to a publicly-traded REIT, and the acquisition of 11 single-tenant net lease properties. This transaction was unique because it included both the sale of licensed senior housing facilities and a complicated 1031 tax deferred exchange transaction.
The Oregon Entrepreneurs Network (OEN) will be presenting its third annual Entrepreneurial Summit on Friday, June 5 at Castaway in Portland, Oregon.
On June 13th Mayor Charlie Hales will attend nonprofit organization Dream Change’s inaugural Love Summit and will introduce one of its keynote speakers, Dan Wieden of Wieden+Kennedy advertising agency.