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Friday
Facts - Archives -
Month of June 2006Current
Week
June 2, 2006
CRMA Golf Classic
Washington Update-Obesity Law
Member Services Update
Retail News and Notes
As we head into the first full week of June, our annual Golf
Classic is now just days away.
The CRMA Golf Classic is
a critical source of revenue for the Association and we hope
all members and friends of CRMA will consider helping us in
some way this year.
Here are the basics:
Where: Blackledge Country Club, Hebron,
CT
When: June 13, 2006 10:00 am shotgun start
Cost: There are different levels of support that are available
to participants. You can visit our website for all the
details.
If you are interested in golfing you can put together a
foursome or twosome or we can put you with a group.
If you cant golf you can still be a great help to us by
being a tee sponsor, hole sponsor or by donating a raffle
prize.
We hope members will consider helping us this year. In
todays economy it is critical that Associations like ours try
different ways to raise funds to keep the Association strong.
Thank you for your consideration and support.
Washington Update-Obesity Law
Although CRMA is a state wide Association that concerns
itself with state issues, we do from time to time get involved
with issues that are being considered by Congress.
Recently we lobbied US Senator (future President?) Dodd,
along with many of our QSR members, to urge him to co-sponsor
the Common Sense Consumption Act, S.908.
The Act would prohibit frivolous law suites against the
restaurant and food product industry for claims about obesity.
The US House of Representatives has passed its version of
the bill in an overwhelming bipartisan manner.
These lawsuits are without merit and will force companies to
incur exorbitant costs, which will have a negative impact on
their ability to expand their business and create jobs in CT.
Lawsuits like these do nothing to deal with the complex
issues surrounding obesity.
We urge all members to call Sen. Dodds CT office and ask
him to co-sponsor this important bill. Dodds office number is
860-258-6940.
Member Services Update
From time to time we talk about the great member service
offerings we have for members, especially our bank card
program with Global Payments.
This week we are very pleased to inform you that CRMA and
Global Payments have gotten together to revise our pricing for
this program to make it even more attractive.
Our rates are now better and more competitive than any
processor in the market. We have more flexibility in pricing
while continuing with NO HIDDEN FEES!
If you are interested in learning more about our Bank Card
program with Global Payments, call Cathy in our office TODAY!
Cathy can be reached at 860-527-1044 or via email at
cathy@crmaonline.com.
Retail News and Notes
Trends: Belts make a fashion statement, belts have become
the "No. 1 accessory" for women, being used to cinch the
waist, hug the hips and enhance the bust. In men's fashion,
shirts have become all about the thread count, with some
hitting 200-count.
USA TODAY (6/1)
May retail sales surpass expectations, shoppers weren't
slowed down by higher gas prices as same-store retail sales
for May increased 4.1% -- more than the 3.2% predicted --
according to a report by an industry group. Chains including
Target Corp. and J.C. Penney Co. posted strong results, but
Wal-Mart Stores' sales were below predictions, hurt by
$3-a-gallon gas, which is expected to contribute to slower
sales in the second half of the year. TThe
Washington Post/Associated Press
(free registration) (6/2)
CVS closes $2.93B deal, looks for more acquisitions, as CVS
Corp. closes its $2.93 billion acquisition of 700 Osco and
Sav-On pharmacies, CEO Tom Ryan said the company is still
looking for other purchases but did not specify any
particulars. Additionally, CVS plans to open 250 to 275 more
stores on its own, and Ryan dismissed the downgrades by
credit-rating companies for the amount of debt incurred by the
new purchase.
MSN Money (6/2),
The Wall Street Journal
(subscription required) (6/2
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