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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.
Friday, April 24, 2015
BY BEN DEJARNETTE | INVESTIGATEWEST
Timber companies and environmental groups take a stab at collaboration to boost logging and restoration in Oregon fires.
Thursday, April 23, 2015
BY JASON NORRIS | GUEST BLOGGER
There are winners and losers with a strengthening U.S. dollar.
Friday, May 22, 2015
BY LINDA BAKER | OB EDITOR
Roy Kaufmann always lands on his feet.
Friday, May 15, 2015
BY KIM MOORE | RESEARCH EDITOR
The Portland Bureau of Transportation is seeking input from businesses on a $5.5 million initiative to create a network of biking, transit and pedestrian trails within Portland’s central city.
Friday, March 27, 2015
BY LINDA BAKER
My daughter turned 18 last week, and for her birthday I got her a Car2Go membership. Not to label myself a disruptor or anything, but it felt like a groundbreaking moment. The two of us, mother and child, were participating in a new teen rite of passage: Instead of handing over the car keys, I handed over a car-sharing card — with the caveat that she not use the gift as her own personal car service.
Friday, May 08, 2015
BY CHRIS NOBLE | PHOTOS BY JASON E. KAPLAN
Hagfish may not have evolved much over the last 300 million years, but their protein-heavy slime promises advances in super-materials.
Monday, April 27, 2015
BY LINDA BAKER
Oregon already ranks as the nation’s second largest generator of hydroelectric power. (Washington is No. 1). Now an elegant new installation in Portland is putting an unconventional, sharing economy twist on this age-old water-energy pairing. The new system, launched this winter, uses the flow of water inside city water pipes to spin four turbines that produce electricity for Portland General Electric customers.
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New conference aims to solve challenges, quell fears amid regulatory changes.
Tourism marketing supports entrepreneurship by attracting visitors to all corners of the state.
Beaverton firm's business intelligence platform rivals that of industry heavyweights.
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.
34 spots for food, 17 places to sip, and 7 sites to choose a brew beckon visitors.