Tallahassee, Fla., is the next stop for Dunkin’ Donuts as the company proceeds with the aggressive expansion program it announced in September. Tallahassee has been without a Dunkin’ Donuts franchise since two locations were closed by their owner last year. Giving itself the title “the world’s largest coffee and bakery quick-service restaurant chain,” Dunkin’ Donuts [...]
Strong gasoline margins and merchandise same store sales, which increased by 4.2% in the U.S. and 6.6% in Canada, fuel boost. Sales generated by stores acquired in the last 12 months powered Alimentation Couche-Tard Inc., Convenience Store Decisions 2007 Chain of the Year, to another robust performance in the second quarter of fiscal 2008. Revenues [...]
Companies frequently develop vision and mission statements about being number one in their industry, the great service they provide to customers, and their rewarding work environment. Yet more often than not, these statements are so far from reality that they become joke fodder for customers and employees alike. It doesn’t have to be this way, [...]
Deal includes eight stores in Florida, Alabama and Texas. Mister Car Wash has acquired the Car Wash Headquarters chain, adding eight stores in Tampa, Fla., Birmingham, Ala., and Mesquite, Texas under its widening umbrella. Financial terms were not disclosed. The company believes the latest acquisition makes Mister Car Wash the second largest carwash chain in [...]
Career Management Survey identifies metrics for keeping key personnel onboard. Findings from a recent survey of human resources executives at retail companies point to the industry’s accelerated efforts to reduce turnover in their store management ranks, according to Career Management, the retail executive recruiting firm which conducted the study. The survey covered a range of [...]
Revenues for fiscal year 2007 were $17.2 billion, up 20% over $14.4 billion a year earlier. CHS Inc., the St. Paul, Minn.-based refiner-marketer, reported record net income for fiscal 2007 of $750.3 million. The earnings for the 12 months ending Aug. 31, 2007, compared with net income of $490.3 million for fiscal 2006. Revenues for [...]
Couche-Tard could make a play for units in Indiana. Alimentation Couche-Tard Inc. said it’s interested in purchasing some of the more than 700 convenience stores BP America Inc. plans to sell in the U.S. over the next two years. The Laval, Quebec-based retailer said it interest is piqued because the company operates in some of [...]
Distributor will take over operations in Upstate New York locations early next year. Wilson Farms, which is headquartered in Amherst, has 198 locations in Upstate New York either under its own name, Wilson Farms Xpress or Sugar Creek. Paul Nanula, Wilson Farms president and chief executive officer, said the switch was made as part of [...]
Oil company to franchise units in Indiana and other U.S. regions. BP’s U.S. Convenience Retail unit announced it will sell all of its company-owned and company-operated convenience stores in Indiana and other regions in the U.S. The move will bring new ownership to more than 700 company-owned and operated convenience stores and will eliminate 9,500 [...]
New holiday brew flavors include Cherry and Chocolate in the Michelob line. Retailers hoping to gain a boost in holiday beer sales will get a boost from two special seasonal beers from Anheuser-Busch — Michelob Celebrate Cherry and Michelob Celebrate Chocolate, a duo of richly aromatic, smooth, complex and balanced lagers now available in most [...]
Industry veteran to serve as Gulf Coast region vice president. PetroProperties & Finance announced the addition of Jim Ferullo as the new Gulf Coast Region Vice President. Ferullo, a 20-year petroleum industry veteran, was formally the chief operating officer of Global Energy USA, a multi-branded Florida fuels and lubricants marketer. In addition to handling regional [...]
Blair Shwedo to serve as vice president, Peter Ward as treasurer. Blair D. Shwedo, president of SouthEastern Petroleum Systems Inc. in Charlotte, N.C., was appointed by the board of directors of the Petroleum Equipment Institute to serve as the 2008 vice president of the organization, while Peter Ward, president of Glasgow Equipment Service Inc. in [...]
Part of broader effort to communicate position against artificial growth hormones. Ten Rutter’s representatives and hundreds of cows (the stuffed variety) descended upon Pennsylvania’s state capital Tuesday as part of the company’s efforts to retain the ability to tell consumers that its milk contains no artificial growth hormones. The Department of Agriculture in October cited [...]
Chain partners with local food banks as part of the “Check Out Hunger” campaign. Wawa Inc. is reaching out to consumers to stamp out hunger. The Pennsylvania chain is holding its eighth annual Check Out Hunger Campaign to benefit local food banks. The campaign will run through Dec. 3 in all of Wawa’s 570 stores [...]
The increasing mechatronic content of today’s products demand large doses of both mechanical and electrical engineering. From the archives: January 1992 Mechatronics II (pdf)To view this document, click here