New store plans to test food ordering at the pump. Ohio is preparing to open its 25th Sheetz store, this one located in South Zanesville. While the site is still covered with a tarp of dirt and the steel frame of the building is only just begingin to form a skeleton, the store is on [...]
Third-party called in for ongoing lawsuits. A judge this morning appointed a third-party receiver to handle Ameristop’s affairs after Cincinnati-based venture capital fund suing the convenience-store chain for failure to pay in a stock deal asked for the move. Ameristop has recently been making headlines for running out of gasoline supply as well as Coca-Cola [...]
CEO hires on two former 7-Eleven executives to round out management team. Blockbuster Inc.’s Chief Operating Officer Nick Shepherd has revealed that he will be leaving the company at the end of September, and two former 7-Eleven Inc. executives are coming on board. Blockbuster Chairman and CEO Jim Keyes will be bringing on old 7-Eleven [...]
“Victor E Van” customized for Arizona State University. Chevron Products Co. has released Victor E. Van, the newest addition to its Chevron Cars family, customized for Arizona State University (ASU). Victor E. Van comes in ASU maroon and gold, features eyes that move, doors that open, side-view mirrors, and stickers with the ASU logo. Vans [...]
Proprietary packaging can push profits. By Julie Crawshaw, Contributing Editor A study conducted by the Wharton School of Researchfound that nearly 70% of all purchase decisions are made atthe point of sale, where packaging is the primary spokespersonfor the product. Using this knowledge to full advantage in your c-store’s foodservice segment calls for developing packaging [...]
Oppenheimer Funds increases holding in the company to 10.21% The Pantry Inc.’s major shareholder, Oppenheimer Funds, has upped its holding in the chain from 5.94% to 10.21%, according to a U.S. Securities and Exchange Commission (SEC) filing. According to Yahoo! Finance, the move makes Oppenheimer the single largest shareholder in Sanford, N.C.-based chain, which has [...]
7-Eleven Inc. has extended its sponsorship with Andretti Green Racing (AGR) and keep IndyCar Series racer Tony Kanaan in the Team 7-Eleven driver’s seat. The 7-Eleven/Andretti Green sponsorship enters its sixth year in 2008. “Tony has been a winner for 7-Eleven, both on and off the track,” said Kevin Elliott, 7-Eleven senior vice president of [...]
Believe and Achieve program enters its second year. Cumberland Farms has revealed that the second year of its Believe and Achieve Scholarship will begin Oct. 1. The program provides individual $1,000 scholarships to eligible graduating high school seniors living in the company’s service areas. The Believe and Achieve Scholarship program is open to students who [...]
Company puts 34 sites in Ohio up for auction. BP has retained NRC Realty Advisors, LLC (NRC) to coordinate the sale of 34 sites located throughout Columbus, Cleveland and Cincinnati, Ohio marketing areas. Of the 34 sites, 17 are BP-branded gasoline stations of which two are closed and can also be offered for redevelopment for [...]
Customers could save up to 60 cents per gallon through Oct. 18. Shaw’s Supermarkets and Irving Oil have revealed even more savings to be had by the 7,500 Shaw’s Reward’s customers. The two companied have launched an expanded month-long partnership that will provide gasoline discounts with every Shaw’s purchase. The program involves 57 Shaw’s supermarkets [...]
Confusion over timing of unpaid funds cause dispute. The Pantry is taking a pair of insurance companies to federal court, claiming the companies have ignored their responsibilities to pay out on costs The Pantry incurred after underground storage tank leaks. The Sanford-based chain said that American Safety Indemnity Co. of Georgia (ASI) and Gulf Underwriters [...]
Plans to boost refinery output at Tulsa plant by 60%. Sinclair Oil Corp. unveiled plans to increase gasoline and diesel production at its Tulsa, Okla., refinery by 60%. The expansion is scheduled for completion by late 2010 and will include the addition of a crude distillation unit that will raise processing capacity to 115,000 barrels [...]
Brandon Taylor of Ogden, Utah learned first hand today why using his KickBack rewards card pays in more ways than one. Taylor was selected as the 2007 National Grand Prize winner of a trip for him and his family to Hawaii courtesy of participating merchants in the KickBack Points Customer Rewards Network. He was awarded [...]
RJ Reynolds says “no changes in our promotional discounts.” Philip Morris USA said yesterday it is raising prices as falling U.S. shipments dampen profit growth. Philip Morris will reduce a promotional discount by 5 cents a pack to 35 cents on its Marlboro, Parliament, Basic and L&M brands, spokesman Bill Phelps said. It also will [...]
Chain helps raise money for The Leukemia & Lymphoma Society. Wilson Farms Inc. has become the first local presenting sponsor for the Western New York & Finger Lakes Chapter of The Leukemia & Lymphoma Society’s “Light the Night” walk fund raising campaign. Rochester’s Light the Night walk will be held at Monroe Community College on [...]