Cody’s Convenience Stores acquired six bankrupt Express Lane stores, making it the second-largest owner of convenience stores in southwest Missouri. With the purchase, which closed in bankruptcy court Dec. 28, Cody’s surpassed fellow Springfield-based chain Rapid Roberts’ 23 area stores. Cody’s portfolio now comprises 25 stores, second to West Des Moines, Iowa-based Kum & Go’s [...]
United Refining Co. the Warren, Pa.-based operator of 371 Kwik Fill/Red Apple and Country Fair convenience stores in western New York and western Pennsylvania, reported net sales for the three months ending Nov. 30, 2007 jumped $109 million to $693.6 million, an increase of 18.6% over the same quarter for 2006. The company, which also [...]
THE CONVENIENCE STORE INDUSTRY makes for a very competitive climate. With the vast number of convenience chains in business-not to mention the impinging presence of hypermarts- making a store’s presence known in a busy market can be very diffi cult. Ed Marszal and Liz Pritchard, co-owners of California Retail Management (CRM), discovered this when they [...]
Atlas Oil Co., a Taylor, Mich.-based fuel marketer, has acquired five convenience stores in Battle Creek, Mich., from R & J Inc. and has folded that company into its own retail segment. Terms of the deal were not disclosed. The transaction essentially buys out the ownership stake of R & J partners Richard Folk and [...]
Many Kwik King Food Stores will get a new name, new look and new gasoline provider in the coming weeks. That’s because they have new owners. Bill Tuck, the co-owner and chief executive of Kwik King told The Ocala (Fla.) Star-Banner that the convenience store company has sold 19 of its 49 stores. Sam Patidar [...]
Despite unchanging consumer demand and fickle consumer tastes, the market for frozen desserts is expected to grow by more than $4 billion by 2012, according to The U.S. Market for Ice Cream and Related Frozen Desserts, a new report from market research publisher Packaged Facts. Dollar sales continue to grow annually, but not because Americans [...]
Tidel Engineering, L.P., a provider of cash management systems and robbery prevention products, celebrates its 30th anniversary. Originally a subsidiary of The Southland Corp., (7-Eleven’s parent company), Tidel introduced robbery prevention cash controllers to the convenience store industry in 1978. Tidel’s cash management solutions have since expanded to virtually all varieties of retail stores. "Tidel [...]
Kum & Go, L.C., one of the nation’s leading convenience store chains, is proud to announce that Kevin Krause has joined the Iowa-based, family-owned company as its new senior vice president of marketing. Krause has been involved with the Kum & Go organization for 20 years as a director and has extensive store operations experience. [...]
<p>Kum & Go, L.C., one of the nation’s leading convenience store chains, is proud to announce that Kevin Krause has joined the Iowa-based, family-owned company as its new senior vice president of marketing. <p> Krause has been involved with the Kum & Go organization for 20 years as a director and has extensive store operations [...]
A Must Read for all your cashiers! First, it is an established fact that getting ahead in the convenience store industry is much, much easier than in most any other industry. While we absolutely believe in the value of a good education–indeed many company’s help fund continuing education for their employees, our industry does not [...]
McLane Co. Inc. has bought the former building of an oil field manufacturing company in Alice, Texas, to use as a dispatch center for its distribution services. Trucks coming in from the distributor’s Temple, Texas headquarters already loaded will arrive at the dispatch center where 10 drivers will deliver the products to their destinations in [...]
McDonald’s is riding high, enjoying a resurgence fueled by new snacks and longer restaurant hours. But is it about to put the whole thing at risk by trying to take on Starbucks? The burger chain plans to install specialty coffee stations in all its restaurants over the next 18 months. The stations, which are a [...]
The beverage and retail industries took a stand today for their already over-taxed customers by filing a lawsuit seeking to invalidate the city of Chicago’s new 5-cent-per-bottle tax on bottled water, which amounts to an astounding 30 percent tax on a case of safe, healthy bottled water. The first-of-its-kind tax, which took effect Jan. 1, [...]
More than 20 retailers, including several convenience store owners in Houston County, Georgia, were cited during the past three months for the sale and distribution of counterfeit merchandise, a Houston County sheriff’s investigator said Tuesday. Counterfeit merchandise valued at $623,718, plus $11,612.25 in cash, were seized during a sting operation from Oct. 1 to Jan. [...]
Philip Morris USA filed two lawsuits in federal court yesterday in the Eastern District of New York against importers, C.H. Rhodes of Flushing, N.Y., and U.S. Sun Star Trading Inc. of Brooklyn, N.Y. The lawsuits are aimed at stopping the importation, distribution, and sale of counterfeit cigarettes and the unauthorized use of Philip Morris USA’s [...]