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Variety
British theater chain Cineworld has sealed a deal to acquire U.S.-based Regal Entertainment Group for $3.6 billion. Finalization of the deal terms was announced by Cineworld, which will pay $23 per share of Regal.
"The acquisition will create a globally diversified cinema operator across 10 countries and allow Cineworld to access the attractive North American cinema market," Cineworld said after concluding an agreement with Regal for an all-cash buyout.
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NAC
With the New Year approaching, it's time to look at the UPS and FedEx rate increases for 2018 and how they will affect your costs. In September, FedEx announced an average increase of 4.9% on Express and Ground services. UPS joined the party in October, announcing that they will also be increasing their rates by an average of 4.9%. The new UPS rates will take effect on December 24, 2017, while FedEx will be instating them a week later on January 1, 2018. Luckily, you don't have to navigate the changes alone. PartnerShip®, the company that manages the NAC Shipping Program, has evaluated the new rate charts and completed a detailed analysis, so it's easier for NAC Members to assess the impact on their shipping costs.
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NAC
The National Association of Concessionaires (NAC) has announced the formation of a Future Leaders Committee. The creation of this new committee recognizes the need to identify and develop emerging leaders within the industry and the NAC Membership in upcoming years. The Future Leaders Committee is charged with investigating means to engage the next generation of members as well as advise current NAC Leaders on the needs of this burgeoning audience.
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NAC
Is it a job or is it a career? Invest in your professional future NOW!? The 2018 Spring Semester On-Line Certified Concessions Management Course (CCM) is calling YOU to enroll!
The next semester to participate in the NAC On-Line Concession Certification Management (CCM) Program will begin January 19th, 2018. Registration is open now! The course costs $650.00. Those passing the exam at the end of the course may use the designation CCM (Certified Concession Manager) or, for suppliers, ACE (Allied Concession Executive). Students passing will receive 4.5 hours of Continuing Education (CU) credits or 3 hours regular university credits.
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NAC
The National Association of Concessionaires (NAC) presents "Building and Energizing Results Oriented Relationships" featuring Mark Hunter at Royal Corporation Headquarters on Feb. 21. His message of results oriented relationships will be attractive to both Operators and Suppliers. Mark is the author of two books, High-Profit Selling and High-Profit Prospecting, and brings his experiences of initiating and maintaining great working relationships to life. The high energy, two-hour session is anticipated to appear in five locations throughout 2018 with a goal of adding more during the two-year-cycle.
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Kentucky Sports Radio
During the second half of a recent game, the ESPN camera crew zoomed in on a pair of kids eating Rupp Arena ice cream, which was accompanied by some play-by-play from Jay Bilas.
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Food Manufacturing
The Ferrero Group, a global confectionary group, announced that a Ferrero-affiliated company has completed its previously announced acquisition of Ferrara Candy Company from L Catterton.
"We are pleased to complete this acquisition and welcome the Ferrara Candy Company to Ferrero," said Giovanni Ferrero, Executive Chairman of the Ferrero Group.
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WKRN-TV
The Nashville Predators is always looking for ways to improve the fan experience at Bridgestone Arena.
The team's latest idea is aimed at speeding up the food ordering process.
Recently, the Preds and concessions management Delaware North rolled out new self-serve kiosks.
The team believe the Smashville self-serve kiosks will help fans multi-tasks between periods.
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FoodBev
Nestlé has begun construction of a $55 million new food production plant in Cuba in a joint venture with Cuban company Corporación Alimentaria.
The facility, which will be located in the Mariel Special Development Zone, will produce Nestlé's coffee brand Nescafé, Cuban roast coffee Serrano, Nestlé Fitness cereal-based snacks, the Nesquik powdered beverage, as well as Maggi cooking aids.
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Forbes
When you think of Christmas candy, what confections spring to mind? Candy canes? Reindeer corn? Hershey Kisses? Skittles?
It turns out, the candy you most associate with Christmas has a lot to do with where you live.
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Food & Wine
The first soda, much like the first anything, was "craft," but a new wave of back-to-basics soda-making is changing the way restaurants and bars approach their menus. Whether you refer to it as a soft drink, pop, pressé or even a mocktail, there's more "craft" versions of it on cocktail menus than ever before, and that's improving options for non-alcohol drinkers and alcohol-lovers alike.
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Fisher Phillips
While you can debate all you want about whether 1988's 'Die Hard' is a Christmas movie, you can't disagree with the fact that the movie depicts one of the all-time most memorable office holiday parties in cinematic history. Besides being eminently re-watchable, the movie also provides valuable instruction on how to throw a proper office holiday party. The folks at the Nakatomi Corporation did some things right, and did some things wrong, when it comes to hosting annual holiday festivities. If you learn from their example this year, you'll enjoy the holidays knowing that your office party won't lead to any human resources disasters or lawsuits.
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