There’s a profitable parable tucked somewhere inside the hodge-podge of mix-and-match cereal containers laid out on a table in the University of Rhode Island’s Corner Store. Something deeply religious, or at least something that screams "diversity" and "open-mindedness." For every Tony the Tiger, there’s a Lucky Charms leprechaun. For every Cookie Crisp, there’s a Cinnamon [...]
As if industry operators didn’t have enough to worry about, ExxonMobil dealers were greeted with the news that the Irving, Texas oil giant decided to exit direct-store operations by divesting 825 company-owned and -operated stations as well as 1,400 stations leased to dealers. This decision thrust those dealers into an anxious state of limbo, an [...]
As rising food and gas prices and killer credit card interchange fees are making for one hellacious economic hurricane, a c-store’s foodservice program could prove to be the fallout shelter. That was the consensus from c-store retailers and researchers participating in the first installment of CSD’s Foodservice Webcast Series, sponsored by Sam’s Club, on June [...]
Kum & Go LC has revamped and reopened its Yampa Avenue store in Craig, Colo., offering customers 3,400 square feet of expanded offerings and boosting the site’s energy efficiency with new design elements. “We are thrilled to offer the residents of Craig a brand-new Kum & Go store with easier access and a broader offering [...]
Radiant Systems Inc. said it has become the exclusive provider of POS systems and related technology for more than 570 Wawa stores in Pennsylvania. Radiant has provided self-service technology for Wawa’s industry-leading foodservices for more than seven years, often deploying as many as five customer-activated terminals per site to enable consumers to quickly and accurately [...]
Gas Station TV, an industry leader in digital out-of-home television, said a Nielsen Media Research study proves consumers are better at recalling shorter-form advertisements – usually those about 10- and 15-seconds long –featured on Gas Station TV Network, as opposed to 30-second ad spots. GSTV said the study’s results confirm that shorter spots on the [...]
Market research firm RNCOS has released a report showing the Asian c-store market is the No. 1 region for convenience store development worldwide. The report, titled "Opportunities in Asian C-store Market," says the rapid economic development in that area, along with the booming retail industry, has been propelling growth for the c-store industry across various [...]
Dawn Food Products Inc., one of the world’s largest independently owned bakery manufacturers and distributors, said it will increase prices for orders placed on and after July 1, 2008. “We are seeing unprecedented rises in commodity and ingredient markets along with dramatic increases in general transportation costs, especially diesel fuel,” said David Kowal, president of [...]
Shell Hydrogen LLC has opened a hydrogen refueling station on a conventional Shell gasoline forecourt in West Los Angeles, the company said. Located on Santa Monica Boulevard and Federal Avenue near Interstate 405, the company said the station gives consumers a taste of the future, with refueling services for hydrogen-powered fuel cell vehicles becoming just [...]
UST Inc. Chairman and CEO Murray Kessler is pinpointing the company’s continued success in the moist smokeless tobacco category and said he believes the growth will continue over the long-term. Kessler discussed the OTP issues at the JPMorgan Global Tobacco Conference in London on June 27, which were presented in a Web cast at the [...]
Visa Inc. said it is implementing processing and rate changes that will result in benefits for American consumers and fuel merchants frustrated by rising prices at the pump. The company said its new processing method for fuel transactions will allow consumers to buy gas more easily and allow motorists and station owners to better avoid [...]
Anheuser-Busch said its board of directors has unanimously determined that the unsolicited proposal by InBev to acquire all outstanding shares of Anheuser-Busch for $65 per share is financially inadequate and not in the best interests of Anheuser-Busch shareholders. Additionally, in a huge shift in its product lineup, Anheuser will stop selling all caffeinated alcoholic beverages, [...]
According to new analysis from the Maryland Public Interest Research Group, the average household spent over $1500 filling their tanks ever since President Bush signed the tax rebates into law on Feb. 13 this year. The group and transit advocates in Maryland called on Congress to approve additional funding for public transportation as an alternative [...]
Love’s Travel Stops & Country Stores named David Carter as district manager and Jerry Hamm as corporate marketing manager of loyalty and media production. In its corporate office in Oklahoma City, Okla., Love’s appointed Eric Roth corporate manager of creative services, while Stewart Terbush was hired as the new accounts receivable manager and Rick Wolfenbarger [...]
The Pantry Inc.’s shares jumped Wednesday after a Lehman Brothers analyst increased her third-quarter and 2008 profit estimates due to better-than-expected gas margins, the Associated Press reported. The Sanford, N.C. company’s shares jumped $1.51, or 16%, to $10.91 in afternoon trading on Wednesday. Analyst Karen Howland boosted her fiscal third-quarter profit estimate to 24 cents [...]