Evolution Fuels Inc. has executed a second lease agreement with J&J Developments Inc. (J&J) for a fuel station located in Topeka, Kan. This is the second station of what Evolution Fuels expects will be a series of locations leased from J&J. The station is located on a prime intersection of Topeka that experiences an average [...]
By Brian Milne, Refined Fuels Editor, Telvent DTN Gasoline costs in metropolitan wholesale markets across the U.S. are posting between a nickel and dime declines to start February compared with week prior pricing, as the market continues to slump after financially traded gasoline contracts spiked to a 15-month high in early January. The early year [...]
In his FY 2011 budget proposal, President Barack Obama addressed the need for bringing healthy food options to underserved communities by calling for more than $400 million in investments in new and expanded supermarkets, farmers markets and other food stores. The public-private grant and loan program would dramatically reduce the roughly 23 million Americans who [...]
Bradford, Pa-based Zippo Manufacturing Company has completed the purchase of substantially all of the assets of Ronson Consumer Products Corporation of Woodbridge, N.J., and Ronson Corporation of Canada Ltd.; and certain related assets of Ronson Corporation. Zippo is one of the world’s most widely recognized brands, best known for its iconic refillable windproof lighter. The [...]
The 2010 NASCAR season isn’t underway just yet, but Hunt Brothers Pizza is already celebrating a huge win: the company just inked a deal to sponsor veteran driver Elliott Sadler in both the Sprint Cup Series and Camping World Truck Series. This is Hunt Brothers Pizza’s second year as the primary sponsor of a NASCAR [...]
Dallas-based Alon USA Energy Inc. has been selected as the stalking horse bidder for the Bakersfield, Calif., refinery from Big West of California LLC, a subsidiary of Flying J Inc. Completion of the acquisition is subject to an auction process, bankruptcy court approval and customary regulatory approval. The Bakersfield refinery is located in [...]
Fuel supplier C.K. Smith and Co. Inc., which closed 23 Irving gas stations last month in Massachusetts and New Hampshire, said yesterday its decision was part of a strategy to exit the gasoline business, but will not affect its heating oil and propane services business in Central Massachusetts, the Worcester Telegram reported. “Today, C.K. [...]
The Pantry Inc. has reported a wider-than-expected first-quarter loss, due to below-average fuel and grocery margins, Reuters reported. For the first quarter ended Dec. 24, the company posted a net loss of $26.1 million, or $1.17 a share, compared with a profit of $38.5 million, or $1.73 a share, last year. Excluding 90 cents [...]
Louisville, Ky.-based Thorntons Inc. has added E-85 fuel to its store at 2250 State Street in New Albany, Ind., Business First of Louisville. It is the ninth Thorntons store to carry the alcohol-based fuel, which is 85% ethanol and 15% petroleum. Thorntons has four stores in Illinois, two in Indiana, two in Kentucky and [...]
An Arkansas Court has denied the Arkansas Attorney General’s motion to remove General Tobacco’s cigarette brands from the directory of approved brands to sell in that state and ordered the Arkansas Attorney General to arbitrate the dispute ordered in 2006, holding that General Tobacco’s cigarette brands may continue to be sold lawfully in Arkansas. Since [...]
A recent survey by The Nielsen Company, a global information and media company, found that nine out of 10 households plan to watch Super Bowl XLIV at home or at a friend’s or relative’s house instead of watching it from a restaurant or bar. And for their home viewing, only 5% of households expect [...]
Dallas-based 7-Eleven Inc.’s Joe DePinto is starring on CBS’ new reality show Undercover Boss, later this February and is appearing on the Oprah Winfrey show to talk about what he discovered walking in his employees’ shoes, the Dallas Morning News reported. The show reveals the impact of decisions made at the corporate level, defining problems [...]
Walgreens, the nation’s largest drugstore chain, is introducing a new Community Corner program designed to highlight the successes of minority-owned businesses. This first-of-its-kind supplier diversity initiative is designed to allow consumers to easily identify and purchase products produced by diverse companies. Walgreens will recognize these vendor partners through print advertisements, in-store announcements, coupon booklets, [...]
7-Eleven, Inc. aims to donate more than $2 million to charities as it launches its charity-focused coffee campaign this month: “7-Eleven Coffee Cup With A Cause.” Throughout 2010, 7-Eleven will introduce limited-edition 20-ounce coffee cups designed by entertainment and sports celebrities to be sold in 7-Eleven stores nationwide. Proceeds from cups sold will benefit [...]
Wayne Oil Co. of Goldsboro, N.C., has chosen KSS Inc. and its PriceNet and PriceNet Web systems to automate and optimize fuel price management at the chain’s 13 locations across the Southeastern U.S. John Strickland Jr., president of Wayne Oil, says his company purchased PriceNet and PriceNet Web to help him boost his control [...]