By Brian L. Milne, Refined Fuels Editor, Telvent DTN A sharp increase in wholesale gasoline costs during the first half of October will continue to push retail prices higher across the country through to Halloween, with wholesale costs up roughly 15 percent from the end of September through Oct. 16. Just about all [...]
At this week’s NACS Show in Las Vegas, Matt McCourt, director, Convenience Store and Spirits, Information Resources Inc. (IRI) will discuss how convenience store retailers can learn what their customers want most by using sophisticated shopper tracking tools. During his panel presentation, “How Many Is Too Many? Making Your Product Selection Work for [...]
The Board of Directors of Valero Energy Corporation declared a regular quarterly cash dividend on the company’s common stock of $0.15 per share on Oct. 15. The dividend is payable Dec. 9, 2009 to holders of record at the close of business on Nov. 11, 2009. The company also stated that if industry [...]
Ethnic food sales are on the rise and expected to hit a record $2.2 billion this year, and grow by another 20% between 2010 and 2014, Marketing Daily reported. The estimates came from Mintel, the global research supplier report company, which noted that more than 1 million foreigners have become permanent legal U.S. [...]
Dallas-based 7-Eleven Inc. is offering customers two ways to “drink pink” to support breast cancer research this October, in honor of Breast Cancer Awareness Month. The retailer that sells more than 1 million cups of coffee each day has created a refillable 16-ounce stainless-steel coffee mug with a splash-resistant lid and understated [...]
For those eagerly seeking signs of the recession’s end, Steven Burd, CEO of Safeway Inc., Pleasanton, Calif., told the Los Angeles Times to keep an eye on coffee. Speaking to investors about Safeway’s third-quarter profit, Burd said shoppers were starting to trade up to more expensive items after a long period in which [...]
Super Quik, Inc., based in flatwoods, K.Y., has been honored as 2009 Convenience Store of the Year during the Kentucky Grocers Association/Kentucky Association of Convenience Stores (KGA/KACS) 68th celebration & annual meeting. KGA/KACS is a joint statewide trade association representing about 550 member companies operating in a retail food and convenience marketplace of [...]
The American Wholesale Marketers Association (AWMA) has approved a three-year plan for its annual convention and expo that includes a series of changes intended to strengthen the value of the show. The decisions were made at the association’s Sept. 14 board of director’s meeting, where, under the direction of AWMA’s Convention & Expo [...]
Quick Chek, a privately-owned, family-operated chain of 120 fresh food store locations throughout New Jersey and southern New York, is celebrating the grand opening of its newest location in Ramsey, N.J. with free coffee. For the first 13 days of business Oct. 27-Nov.8, customers can enjoy free coffee and kids under five feet [...]
St. Louis-based Anheuser-Busch and Purchase, N.Y.-based PepsiCo announced this week that they are partnering in order to conduct joint purchasing in the U.S., the St. Louis Business Journal reported. Under the partnership, a team of procurement experts for each company will focus on common areas of spending and negotiate purchases on behalf of [...]
Wawa has teamed up with the Food Bank of Delaware for the annual Check-Out Hunger campaign, a regional fundraiser that takes place in several grocery retailers in the Tri-State area from October through January, the Sussex Countian reported. Customers can make donations of $1, $3 or $5 when they checked out at their [...]
Atlas Oil Company has introduced its new Generator Assurance Plan, which guarantees customers priority access to fuel and delivery during power outages. With this new program, diesel generator users can make sure they have a secure and available supply of diesel fuel to keep back up generators running, in any situation. During [...]
Kwik Trip, headquartered in La Crosse, Wis., is teaming up with the Salvation Army to make sure local people need stay warm this winter, WKBT.com, a La Crosse, Wis. news source, reported. From now until Nov. 8, Kwik Trip stores are collecting gently used coats, boots, hats and gloves for kids and adults as [...]
Kroger is expanding its convenience-store and gas-station presence in central Ohio by bringing its Pennsylvania-based Turkey Hill Minit Market chain to Columbus, the Columbus Dispatch reported. The move to Ohio marks Turkey Hill’s first major expansion outside Pennsylvania. Currently, the 253-store chain’s Martinsville, Ind., location is its only store outside Pennsylvania. All [...]
7-Eleven is expanding its hot foods program to add items such as pepperoni pizza and chicken wings to 115 Dallas-area stores, the Dallas Morning News reported. The program is part of a nationwide rollout that is bringing ovens made by Carrollton’s TurboChef Technologies to 1,400 7-Eleven stores this year. 7-Eleven has offered [...]