Fall 2018 Newsletter: Regatta for Entrepreneurship a worthy cause

It certainly doesn’t compare to Marblehead (MA) Race Week, the 129-year-old summer destination for the region’s premier sailors. However, the Regatta for Entrepreneurship on Boston Harbor is carving out a niche as a must-do for the region’s tech companies, including Nexxus Group®.

Nexxus was one of 12 area growth companies that took part in this year’s third annual event in late July. Crews of five directed by skippers from the Boston Sailing Center raced J24s provided by the BSC in a round-robin competition. The unique event raises funds to support Network for Teaching Entrepreneurship (NFTE) programs for the region’s low-income youth.

“Our goal in creating the Regatta was to strengthen Boston’s tech ecosystem while supporting a worthy charity,” said co-Commodore Steve Snyder of Gesmer Updegrove, one of three founding sponsors of the Regatta for Entrepreneurship. “There’s no better way to do this than supporting NFTE and its work to teach kids about business and motivate them to stay in school.”


Nexxus Group CFO Bill Keating at the helm during the Regatta for Entrepreneurship.

 

Polls: Most consumers don’t buy groceries online

The belief was it would be the next big thing. As such, high-profile grocers clamored to create platforms and stake their claim to the coming online grocery revolution.

It hasn’t happened quite yet – said revolution barely registers as a blip on the radar screen. According to a recent Gallup poll, online purchases make up just 5.5% of total grocery spending in the United States. As reported by Food Dive, 84% of those polled said they never order groceries online. Another 81% said they shop for groceries in person once a week or more. Perhaps most telling is that 89% said they had never ordered a meal preparation kit.

Those findings exceeded similar results in a study conducted by Morning Consult. That survey indicated 67% of those polled had never bought food or beverage products online. Another 65% have no intention of doing so in the future. Additionally, 51% said they would be unwilling to spend additional money for home delivery.

Call them traditionalists, call them old-fashioned. Most Americans seem to favor the in-store shopping experience. The majority expressed satisfaction with stores in their area. Many simply don’t plan their meals out far enough in advance to make online shopping an attractive option.

Some traditions, it seems, die hard.

Nexxus clients committed to charitable initiatives

The Nexxus Group’s client-partners are top shelf. They shine especially bright when engaged in charitable initiatives as committed community partners. Here are just a few examples of their good work in recent months:

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The 27th annual Speedway Miracle Tournament at NCR Country Club in Kettering, OH raised more than $2.5 million for Children’s Miracle Network Hospitals. Since 1991, through a variety of initiatives, Speedway has now raised more than $100 million for 58 CMN hospitals in communities where it operates.

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The 33rd annual H-E-B Tournament of Champions held June 6-8 raised $9 million as that charity also surpassed the $100 million plateau raised for more than 600 organizations since the program started in 1986.

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The Dollar General Literacy FoundationDollar General announced $3.4 million awarded to more than 900 schools and nonprofit organizations in the 44 states the retailer serves. DG has now raised more than $159 million in the 25 years since the foundation began.

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The Wawa Foundation donated $50,000 this year to the John F. Scarpa Technical Education Center of Cumberland County in support of the STRIVE (Students Training Rigorously in Vocation Education) program. STRIVE educates special needs students and helps them to achieve full educational and independence potential. A portion of the funding will also help defray the school’s costs to participate in Special Olympics.

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Turkey Hill Minit Markets earmarked more than $66,000 raised through its sponsorship of music and golf events to five charities — $34,000 to the Pennsylvania Veterans Foundation and $8,000 each to Caitlin’s Smiles, Keystone Pet Enhanced Therapy Services, Kisses for Kaeden and The Ann B. Barshinger Cancer Institute.

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Cenex Zip Trip partnered with The Salvation Army for the Backpacks for Kids campaign. Cenex has raised more than $300,000 for Backpacks for Kids in the past seven years, providing local families in need with backpacks packed with school supplies.

NexxHub Tip: Adding a Product

Do you need to put in a New Store Request for a product/UPC that you have not previously requested?  Follow the path below on the left hand menu of your Nexxhub Account in order to add a product to your request:

 

 

 

 

 

 

 

 

If the product you are looking to add is not available from the dropdown under “Select to add another product”, you will click on “I can’t find my product” as shown below. Fill out the data for the fields in the pop-up screen and then click “add product”. You can then follow the prompts to continue with your new store request.