Hurricane season will put new generator law to the test. As the 2007 hurricane season begins, many gas station owners are still scrambling to adhere to a new state law requiring certain gas stations within a half-mile of an interstate highway or evacuation route to be prewired so that a generator can be quickly installed [...]
RBS Lynk will manage credit, debit and gift card transactions. Dallas-based Alon USA Energy Inc., an independent refiner and operator of more than 200 7-Elven convenience stores, said it has selected RBS Lynk, the U.S. payments processing division of The Royal Bank of Scotland Group, as its new credit card processor. RBS Lynk will manage [...]
Top U.S. retailer undaunted, Tesco caps U.S. venture at $3 billion. Tesco should do well when it enters the U.S. market later this year, but it should not have a significant impact on Wal-Mart Stores’ sales in the near term, Wal-Mart’s chief executive said. “I would expect that we will learn things from them, what [...]
The nation’s pharmaceutical, biotechnology and medical device companies report that the U.S. Food and Drug Administration (FDA) has made progress with improved guidance, expectations and approvals, but the industry remains concerned about a number of regulatory challenges.A national report issued today outlines a series of issues that still need to be resolved to improve product [...]
New sale divides acquired stores into owned and leased units. TravelCenters of America (TA) has acquired Petro Stopping Centers—some of which for outright ownership, others for leasing. The $700 million deal involved TA’s parent company Hospitality Properties Trust, which purchased 40 Petro fuel stops and leased them to TA for $630 million, according to Land [...]
New deal leads to the release of the Sheetz MasterCard. Altoona, Pa.-based Sheetz Inc. and Chase Card Services, the credit card division of JP Morgan Chase Co., has launched the enhanced Sheetz MasterCard with “blink.” The card features a more robust rewards program called Sheetz Rewards, which includes the ability to earn everyday essentials, [...]
The National Confectionery Sales Association (NCSA) has been very busy lately. First was the introduction of eleven candy business leaders into the Candy Hall of Fame. The NCSA selected these candidates after they dedicated their careers to the industry. The 2007 inductees were: Raymond Brace, The Hershey Co.; Allan Dudovitz, Prinsen Distributing; Charles Flavelle, R.C. [...]