Customers can now enjoy discounted gasoline at both stores. Christy Mihos, owner of the Christy’s of Cape Cod chain of convenience stores and unsuccessful independent gubernatorial candidate last November, has made a deal with Stop & Shop Supermarket Cos. that makes its discount gas coupons worth something on Cape Cod, reported the Boston Globe. Stop [...]
Investors buy up the Union 76 brand and property. Hawaiian Bank Chairman Walter A. Dods Jr. and some other investors are buying Mid Pac Petroleum from its Singapore owners for $44 million according to the Pacific Business News. The sale of the petroleum marketing company and Union 76 licensee by K1 Ventures Ltd. to Kokooha [...]
Company donates to Meals on Wheels charity. Tesoro Corp. is teaming up with local Meals On Wheels programs to donate two cents of every gallon of gasoline sold at its more than 450 Tesoro locations during August 17-19. Tesoro is teaming with 15 local Meals on Wheels programs to help raise public awareness about the [...]
Big-box giant experiments with smaller concept to compete with Tesco. The convenience business is poised to get a whole lot more competitive. Wal-Mart is preparing to stand up to Tesco’s Fresh & Easy Neighborhood Market concept with two small-footprint concepts of its own, reported The Wall Street Journal. The new concepts may come off as [...]
Cast your vote for the Top 25 leaders and innovators that shape the way the convenience store and petroleum industry does business. Vote For Convenience Store Decisions’ Power 25 (doc)To view this document, click here
So simple – so profitable – so what’s stopping you! Unless you run an above average operation, you might just experience a sudden urge to stop reading, part way thru this article. I’m going to put the results toward the top to help, suppress that urge!More…
Fieldhouse named VP, GM for convenience channels. General Mills has appointed Tim Fieldhouse to vice president, general manager, Convenience Channels. In his new role, Fieldhouse is responsible for General Mills’ business in key segments including Convenience Stores, Vending, and Non-Food Retailers in addition to the company’s Restaurant Accounts business segment. Prior to his current role, [...]
Strong margins shown for the fiscal year. Susser Holdings Corp. has revealed the financial results for the second quarter of 2007, reporting earnings that raised 67% from last year, helped by better-than-expected retail fuel margins and good gains in merchandise sales, both overall and on a same-store basis. The company also raised its merchandise same-store [...]
The chain and one bankrupt supplier are last two defendants in the case. Blair County Judge Jolene Kopriva dismissed a group of tomato suppliers from a lawsuit brought by a man who claims he was sickened by salmonella-tainted tomatoes he got at a Sheetz store in 2004, according to the Associated Press. The judge said [...]
Super Stop! owner puts all of its properties on the block. Meridian, Miss.-based Deweese Enterprises Inc. (DEI) and its Super Stop! were placed on the sales block by NRC Realty Advisors LLC. Super Stop! currently owns and operates 45 convenience stores located in the Meridian and Jackson, Miss. and Southern Alabama markets, a gasoline distribution [...]
Fuel 5000 promotion launches for third straight summer. Sunoco, the Official Fuel of Nascar, has launched the Sunoco Free Fuel 5000 summer promotion. For the third consecutive year, the Free Fuel 5000 rewards customers for visiting Sunoco with free gas. Consumers are encouraged to enter by stopping at one of more than 4,000 participating Sunoco [...]
Chicago is evaluating a tax of 10 to 25 cents on the cost of every bottle of water sold in the state, according to the Chicago Sun-Times. Currently, Chicago citizens are preparing for post-election tax increases to close a $217 million budget gap, but that hasn’t stopped the city from evaluating the added money bottled [...]
Company eliminates 160 corporate staffing positions. TravelCenters of America LLC revealed that it expects to eliminate about 100 positions in its company as well as another 60 positions in Petro Stopping Centers L.P., which it acquired in May, as part of a new reorganization plan. The company expects to incur $2 million to $3 million [...]
Gilbarco has certified a loyalty program from KickBack Rewards Systems, Twin Falls, Idaho, for use with its Passport point-of-sale (POS) system with Version 6 software. The KickBack Rewards Systems specializes in turnkey, custom-designed proprietary loyalty programs for convenience store operators. Passport supports full integration with KickBack Rewards Systems through a generic, loyalty program interface that [...]
State court forces company to pay fee of $3,933. Iron River, Mich.-based Krist Oil Co has agreed to pay a fine of $3,933 to over allegations that it violated Wisconsin’s consumer protection law, according to Attorney General J.B. Van Hollen. The Wisconsin Department of Justice brought a civil action in Marinette County Circuit Court, charging [...]