After a huge snow storm hit Baltimore and with more snow predicted to hit today and tomorrow, businesses are wonderng what the week will bring, WBALTV Baltimore reported. Several grocery and convenience stores told the news station they can’t stock the shelves fast enough, and gas stations said they are running out of fuel. The [...]
Gas prices in Tennessee have dropped nearly 10 cents a gallon since the beginning of 2010, the Memphis Business Journal reported. The fall mirrors the average price per gallon in the U.S., which also has declined, according to reports from AAA Auto Club South. The average price per gallon in Tennessee for regular unleaded is [...]
By Brian L. Milne, Refined Fuels Editor, Telvent DTN The first week in February saw the most price volatility in the wholesale gasoline market since late September 2009 when crude oil started its march higher into October and pulled fuel prices up too, with wild price swings triggered during periods of market uncertainty. Interestingly though, [...]
The soft drink industry has successfully stopped a plan that aimed to tax sugared beverages, the Los Angeles Times reported. Advocates had said the proposed tax would have reduced obesity and helped finance healthcare reform. And public health advocates assumed the tax would accepted by congressional Democrats searching for revenue to fund expanded health insurance [...]
Tonawanda, N.Y.-based NOCO Express Stores are joining with their guests and associates to “share the shamrock spirit” in support of the Muscular Dystrophy Association (MDA). For just a $1.00 donation, guests can purchase a paper shamrock to benefit MDA of Western New York at all NOCO Express locations beginning Feb. 8 through March 17. This [...]
The average price of regular gasoline at U.S. filling stations declined to $2.67 a gallon as gasoline futures plunged and demand weakened, Bloomberg reported. Gasoline lost 5.8 cents in the two weeks ended Feb. 5, according to a survey ending on the same day of 5,000 filling stations nationwide by Trilby Lundberg, an independent gasoline [...]
Hess, the leading independent gasoline convenience store marketer on the Eas Coast, has launched Hess Gas Giveaway, an online contest for residents of 12 states to win up to a year’s worth of free gas. Residents 18 years of age or older who live in Connecticut, Florida, Georgia, Maine, Massachusetts, New Hampshire, New York, North [...]
Eight Spee-D-Foods gas stations in Akron and Canton, Ohio are a new type of slot machine, where customers win based on skill, the Associated Press reported. The machines are marketed by Flanders, N.J. -based Reel Vegas Slots, which devised the game by converting real slot machines from Atlantic City. While traditional slots use computer chips [...]
The International Dairy Deli Bakery Association (IDDBA) has released “What’s In Store 2010″, a trends report that reveals which consumer shopping trends will have the most impact in the next five years. According to the report, the demand for low prices, health and wellbeing, convenience, sustainability, and food safety and quality are the trends to [...]
For the third consecutive year, Diet Coke is partnering with Klum and the National Heart, Lung, and Blood Institute (NHLBI) in a national heart health awareness campaign called The Heart Truth. To bring heart health into the spotlight during February, American Heart Month, Diet Coke will distribute special limited-edition packaging in support of the campaign. [...]
Royal Dutch Shell Plc is planning new, deeper cuts to its oil refining and retail operations after downstream weakness caused a 75% decline in fourth-quarter profits to $1.18 billion, Reuters reported. According to CEO Peter Voser, in 2010 the company plans $1 billion in cost cuts and 1,000 job cuts, mainly to come from the [...]
Valero Renewable Fuels Company LLC, a wholly owned subsidiary of San Antonio-based Valero Energy Corporation has closed on the purchase of an ethanol plant from Renew Energy. The plant, located near Jefferson, Wis., has an annual production capacity of 110 million gallons. Valero paid $72 million for the plant. The purchase gives Valero Renewables a [...]
Smith’s Food & Drug Stores, a division of the Kroger Co., has opened its first Express fuel station and convenience store at 1974 S. 1100 East in Sugar House, Utah, The Salt Lake Tribune reported. A second location at 873 E. South Temple in Salt Lake City is set to open this month. Both [...]
7-Eleven Inc., the world’s largest convenience store chain, and Kwedit Inc., a provider of alternative payment systems, are making it easier for millions of online gamers to buy virtual goods in a game-changing “Play Now. Pay Later.” plan, announced today. Americans who do not have credit or debit cards or who prefer to pay [...]
CVS/pharmacy has opened its first store in the city of Memphis. “We are pleased to be opening stores in Memphis and expanding our presence in the state of Tennessee,” said Larry Merlo, president of CVS/pharmacy. “Our mission at CVS is to make pharmacy solutions effective and easy for our customers, so we look forward to [...]