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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.
Monday, January 26, 2015
BY KIM MOORE
After more than a decade of wrangling, construction on a convention center hotel in Portland is slated to start this summer. But debate over project financing continues.
Monday, January 26, 2015
The day after this issue goes to press, the city of Medford will host its annual business conference. The event features Minoli Ratnatunga, co-author of the Milken Institute’s annual “Best-Performing Cities” report. Preliminary data suggests that Medford is likely to retain its No. 1 ranking among best-performing small cities for having a higher concentration of high-tech firms than the national average.
Monday, January 26, 2015
BY AMY MILSHTEIN | PHOTOS BY JASON E. KAPLAN
The Jade International District, already Portland's center of Asian life, is poised for rejuvenation. Where does that leave the westside's historic Chinatown?
Wednesday, March 04, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
On Wednesday night, a couple days ahead of the 2015 season kickoff, Major League Soccer and the Players Union reached an agreement.
Monday, February 23, 2015
Yeah, we know: Oregonians are way too cool for umbrellas. But today’s stylish, high-tech models will soften the resistance of the most rain hardened.
Thursday, February 26, 2015
BY KIM MOORE | OB RESEARCH EDITOR
Employment in Oregon is almost back up to prerecession levels — and employers are having to work harder to entice talented staff to join their ranks. This year’s 100 Best Companies to Work For in Oregon project showcases the kind of quality workplaces that foster happy employees.
Monday, February 09, 2015
BY MEGHAN NOLT
VIDEO: Gifford's Flowers brings family approach to PSU-area shop.
|The 100 Best Companies to Work For in Oregon|
|Help Wanted: Poached Jobs aids restaurateurs |
|How Oregon will survive the loss of Hanjin|
|On the Brink|
|Thy neighbor's house|
|How a Utah-based essential oils company cornered the Oregon market|
|Obama's veto of Keystone XL pipeline withstands Senate override attempt|
|Production of larger iPad delayed|
|McDonalds pledges to stop selling chicken raised with antibiotics|
|Uber invests in mapping software, setting up contention with Google|
|Bill Gates leads Forbes' richest people list|
|Oil continues to gain on supply risks|
|With AmEx out, Costco turns to Visa, Citi|
Generations of students and graduates have been plagued by the question: What is my true calling in life? Four alumni from Corban University’s Hoff School of Business who graduated in different decades say the school helped them find the answer by giving them a practical, well-rounded education.
It’s happening whether anyone’s ready or not. Businesses here in Oregon and across the U.S. are already experiencing the effects of the largest generational shift in recent history, and these changing tides will impact every level of the workplace — from a company’s executive leadership to its cultural core.
Success stories spotlight meaningful career opportunities in Oregon's diverse and lucrative tourism industry.
Parkinson's Resources of Oregon (PRO) is pleased to announce, long standing Intel manager, Kelly Sweeney has joined the agency’s Board of Directors as a member at large.
Local businesses interested in offering retail items, food and beverage, or passenger services at Portland International Airport are invited to attend one of two meetings on March 17.
The Firm was recognized for the strength of its case matters during 2014, including precedents set or verdicts with notable high dollar amounts at stake.