Circle K, the international convenience store chain, is donating a meal to those in need with every fuel transaction, even as the company's own sales have fallen precipitously due to coronavirus.
"We've seen local food bank demand just spike throughout this crisis," CEO Brian Hannasch told Cheddar on Monday. "Circle K is committed to being a part of the solution."
Feeding America, an umbrella organization that helps local food banks secure food, projects a $1.4 billion shortfall in supply over the next six months. The spike in demand comes as upwards of 17 million people have lost their jobs since the coronavirus outbreak hit the U.S. At the same time, federal aid is just beginning to reach people's bank accounts, leaving many Americans in a lurch.
Circle K is partnering with Feeding America to help meet that demand.
The charitable initiative comes as Circle K endures a massive drop in sales. Hannasch said customer visits are down 25 percent, and fuel purchases are down 30 to 50 percent.
"We're trying to stay open," he said. "We're taking a lot of steps to make sure that we protect our employees and our customers."
The company has installed clear barriers between clerks and customers and is aggressively cleaning the retail space each day.
Hannasch said that Circle K is hoping to retain as many employees as possible, particularly in nations without a strong social safety net. The chain has 7,000 sites in the U.S. across 48 states and can be found in more than 20 countries.
"We've really tried to keep people," he said. "In some countries, there are very strong social safety nets, so we have furloughed some people, particularly in Europe. In the U.S., we've put in an emergency $2.50 emergency wage supplement and paid sick leave."
Joe Cecela, Dream Exchange CEO, explains how they are aiming to form the first minority-controlled company to operate an exchange in U.S. history. Watch!
A Michigan judge is putting sponges in the hands of shoplifters and ordering them to wash cars in a Walmart parking lot when spring weather arrives. Genesee County Judge Jeffrey Clothier hopes the unusual form of community service discourages people from stealing from Walmart. The judge also wants to reward shoppers with free car washes. Clothier says he began ordering “Walmart wash” sentences this week for shoplifting at the store in Grand Blanc Township. He believes 75 to 100 people eventually will be ordered to wash cars this spring. Clothier says he will be washing cars alongside them when the time comes.
The State Department had been in talks with Elon Musk’s Tesla company to buy armored electric vehicles, but the plans have been put on hold by the Trump administration after reports emerged about a potential $400 million purchase. A State Department spokesperson said the electric car company owned by Musk was the only one that expressed interest back in May 2024. The deal with Tesla was only in its planning phases but it was forecast to be the largest contract of the year. It shows how some of his wealth has come and was still expected to come from taxpayers.
At 100 years old, the Goodyear Blimp is an ageless star in the sky. The 246-foot-long airship will be in the background of the Daytona 500 — flying roughly 1,500 feet above Daytona International Speedway, actually — to celebrate its greatest anniversary tour. Even though remote camera technologies are improving regularly and changing the landscape of aerial footage, the blimp continues to carve out a niche. At Daytona, with the usual 40-car field racing around a 2½-mile superspeedway, views from the blimp aptly provide the scope of the event.
You'll just have to wait for interest rates (and prices) to go down. Plus, this deal's a steel, the big carmaker wedding is off, and bribery is back, baby!
It’s a chicken-and-egg problem: Restaurants are struggling with record-high U.S. egg prices, but their omelets, scrambles and huevos rancheros may be part of the problem. Breakfast is booming at U.S. eateries. First Watch, a restaurant chain that serves breakfast, brunch and lunch, nearly quadrupled its locations over the past decade to 570. Fast-food chains like Starbucks and Wendy's added more egg-filled breakfast items. In normal times, egg producers could meet the demand. But a bird flu outbreak that has forced them to slaughter their flocks is making supplies scarcer and pushing up prices. Some restaurants like Waffle House have added a surcharge to offset their costs.
William Falcon, CEO and Founder of Lightning AI, discusses the ongoing feud between Elon Musk and Sam Altman, and how everyday people can use AI in their lives.
