Robert P. Ingle, founder of Ingles Markets, dies at age 77
Asheville, N.C. — Ingles Markets announced Monday that its founder and CEO Robert P. Ingle died on Sunday at age 77.
Ingle founded the company in 1965 and served as chairman of the board from 1965 until May 2004 and thereafter has served as a director. He has served as CEO since 1965, and president from 1965 until 1982.
His son Robert P. Ingle II has been named his successor.
Family Dollar in arrangement with Marketing Management
Matthews, N.C. — Family Dollar Stores launched its strategic alignment with Marketing Management, Inc. (MMI) in front of more than 100 key suppliers at the company’s Private Brand Summit Thursday in Charlotte, N.C. Through this exclusive on-site alignment, MMI will assist Family Dollar with private brand sourcing, product development, category analytics, assortment strategy, quality assurance and customer insights.
"Enhancing our private brand assortment to drive margin improvement and customer loyalty is a key strategic initiative for Family Dollar," said Don Hamblen, Family Dollar senior VP — customer marketing. "A compelling assortment of private brand merchandise gives our value-conscious customer more choices at lower prices without lower standards. Our alignment with MMI will help ensure our assortment is focused on quality and value across all our consumables departments."
7-Eleven rolling out in-store TV network chainwide
New York City — Harris Corp. and Digital Display Networks are bringing one of the largest digital out-of-home (DOOH) advertising networks in the United States — 7-Eleven TV — to full nationwide deployment.
Under a 10-year agreement valued at $75 million, with additional revenue-sharing potential, Harris is providing its Digital Out-of-Home hardware and software, InfoCaster and Punctuate, in addition to its Managed Services offering to Digital Display Networks, which is providing turnkey services, as well as managing content production and advertising sales for 7-Eleven TV.
Launched in 2010, 7-Eleven TV provides 24/7 programming in 7-Eleven stores, featuring national and local entertainment, and news and weather, as well as advertising highlighting 7-Eleven proprietary brands, in-store and out-of-store brands, and special 7-Eleven promotions.
Currently, the network is operating in 500 stores. When fully deployed, it will be carried in 6,200 stores — reaching more than 200 million shoppers monthly.
Based on an analysis of various Nielsen ratings data, the GRPU (gross rating point units) of 7-Eleven TV will make it the fourth largest broadcast TV network when fully deployed.