It is possible it is something in the template but I didn't see anything really obvious that should cause a problem.
I notice in the source of the page you have
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<link rel='stylesheet' type='text/css' href='https://fonts.googleapis.com/css?family=Carme'>
So when loading the page it also has to go to that url to get the font "Carme". which could take some time if that site is busy. The style sheet would be cached the first time it loads so subsequent page loads shouldn't take any extra time.
You also have
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<!--[if IE]><link rel="stylesheet" type="text/css" href="https://transmedfoods.com/ie-hacks.css" media="screen"/><![endif]-->
So that style sheet is loaded for any version of IE. I don't know what is in the ie-hacks.css file but you might check in there to see if you have something that would be causing a problem with IE 7.
You should also run the html source of the shopping cart (and store pages) through an html checker and clean up the problems pointed out. I use the checker at http://www.htmlhelp.com/tools/validator/ and use the Enter your html directly option. You have the DOCTYPE html PUBLIC "-//W3C//DTD XHTML but many of the required / characters are missing at the closing >. There are also some nesting issues with at least one <div> tag.
There is also google analyis code in at least two different places, you should check to make sure that it is all necessary. If you checked the option to have ShopSite handle the code you should not add any other to the template.