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  • The National Association of Convenience Stores (NACS) has released its annual analysis of the convenience store and petroleum marketing industries, revealing that the convenience store industry strongly rebounded from its three-year slump, with 2003 sales surging 16.0 percent over those of 2002 to reach a record $337 billion; pretax profits increased a robust 54.6 percent to reach $4.04 billion.

  • Starbucks announced that it is introducing a new Frappuccino Light blended coffee today, designed to offer three flavors with reduced fat and calories.

  • The Conference Board reported that its consumer-confidence index reached 101.9 in June, up from 93.1 in May. Improved perceptions about the job market seems to be a central reason for index level, as 18 percent of those surveyed said that jobs were “plentiful.” Only 26.5 percent said jobs are hard to get, down from 30.3 percent in May.

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