Gulf Oil L.P., the Newton, Mass.-based distributor and wholesalers of refined petroleum products in the Northeast, named SVX Prepaid as their preferred prepaid solutions supplier for more than 1,400 gasoline retail centers in the Gulf Branded network. Gulf distributes motor fuels through a network of more than 2,400 Gulf-branded gasoline retail centers, 12 proprietary…
Caught in the Web
Acting on its commitment to its branded marketers and retailers, CITGO Petroleum Corp. recently launched individual Web pages for each of the nearly 7,000 locally owned CITGO retail locations across the country. The company launched the sites to assist its Retailers with the increasing pressures they face not only in these tight economic times, but…
Is Recession Aiding Cigarette sales?
The economy may be impacting cigarette sales in very opposite ways. On the one hand, the economic downturn has caused smoking rates in the U.S. to increase for the first time in 10 years. But some experts say the recent hike in cigarette taxes may be turning that around, The Lancet reported. Stanton Glantz,…
Some Cities to Ban Plastic Bags
The trend away from plastic bags has been growing since IKEA because the first major U.S. retailer to stop carrying free plastic bags in March 2007. Stores in a variety of markets have since followed the company’s example by encouraging consumers to bring their own bags, while cities across the nation also have joined in…
Gasoline in Pacific NW to Climb on Outage
By Brian L. Milne, Refined Fuels Editor for DTN Retail gasoline prices in the Pacific Northwest will move higher this week after two refineries in Washington were forced shut by a power outage triggered by a car crash. The forced shutdown of the two oil refineries late April 23, meaning less gasoline production…
Local CITGOs Support Children in Need
Despite the chill in the air, thoughts have been on summer vacation at the Pop Shoppe CITGO station at 3512 Kivett Drive in High Point, N.C. The store was one of 21 locally owned Pop Shoppes that raised money through the Shamrocks Against Dystrophy program to send kids with muscular dystrophy to summer camp. …
EBT Tips Authorities to Food Stamp Fraud
In Belle Glade, Fla., two c-store employees at Billy’s Market were charged with organized fraud, grand theft and food stamp fraud of nearly $1 million. Police were tipped off when the store began seeing food stamp sales with Electronic Benefits Transfer (EBT) at a rate seven times the average in Belle Glade. The Florida…
Economy Stagnating Businesses in Maine
The recession has taken a toll on c-stores in Maine, The Kennebec Journal reported. Albion Variety is one of 56 c-stores in the state that have gone out of business in the past year. Jeff Leonard, a spokesman for the National Association of Convenience Stores, said Maine’s c-stores decreased from 1,146 to 1,090 in…
Shell To Cut Pollution as Part of Settlement
Shell Oil Co. reached a $5.8 million settlement with environmental groups on Thursday and agreed to significantly reduce greenhouse gas emissions at a Gulf Coast refinery, the Associated Press reported. The agreement still must be approved by a federal judge, but if approved it would reduce greenhouse gas emissions at the Deer Park, Texas,…
C-Stores Prospering Despite Downturn
The convenience store market is growing faster than any other retail format. That was the message delivered by a leading chain at a major investment conference last week. Susser Holdings Corp. CFO Mary Sullivan spoke with attendees at the Burkenroad Investment Conference in New Orleans about how c-stores are profiting as the rest of…