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…
refining drives chs earnings
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…
interest in bp stores grows
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…
wilson farms turns to tripifoods
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…
bp selling off cstores
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…
anheuserbusch gets festive
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…
ferullo joins petroproperties
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…
pei elects new officers
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…
rutters delivers milk labeling stance to pa legislators
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…
wawa fights hunger
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…