As Anabi Oil Corp. moves to buy certain Shell-branded gasoline properties and related wholesale distribution rights in Northern and Southern California, The Central Valley Fund (CVF) and its co-investor, San Diego-based Huntington Capital, have partnered to support the acquisition. CVF, a private investment fund focused on middle market Central Valley companies, has announced an $8.5M [...]
Evolution Fuels Inc. has begun the permitting process to construct its first flagship fuel station in Dallas. The station location is in the heart of the Dallas metropolis, immediately adjacent to the upscale Park Cities neighborhood, and is set to serve as the first “marquee” location for the company’s planned rollout of its branded stations. [...]
Congress has passed the ECO-Gift CARD Act (H.R. 5502), which will avoid the destruction of more than 100 million plastic cards and ensure consumer access to these popular gifts during the busy holiday shopping season, The Network Branded Prepaid Card Association (NBPCA) reported. The act extends the Aug. 22, 2010 gift card implementation deadline, [...]
Recent financial reports from Quebec-based Alimentation Couche-Tard Inc. might make it harder for Casey’s General Stores Inc. to convince shareholders to look the other way on Couche-Tard’s bid to buy Casey’s for $36 per U.S. share. Couche-Tard, owner of Mac’s corner store in Canada and Circle K in the U.S., surpassed financial expectations for its [...]
Family Express, is devlving into the social and mobile marketing arena through a relationship with GasBuddy Retail Solutions’ OpenStore platform. This innovative program complements the recently launched F.E. PERKS Loyalty program by linking it with GasBuddy databases. Customers who join the free F.E. PERKS program enjoy numerous benefits: in addition to receiving immediate cents off [...]
Casey’s General Stores still has more time to consider Alimentation Couche-Tard Inc.’s tender offer to acquire all of the outstanding shares of common stock of Casey’s General Stores Inc. for $36.00 per share in cash. The offer, which previously had been scheduled to expire at midnight EST on July 9, has been extended by Couche-Tard, [...]
Waterloo, Wis.-based snack food manufacturer, Van Holten’s, welcomes Jon Florin as its new marketing manager. Florin joins Van Holten’s with an extensive background in marketing and in the retail food business with his most recent position being marketing director at Madison Media Institute. Florin is now responsible for formulating and executing marketing strategies to help support and [...]
A Flying J truck stop in Sioux Falls, S.D., has lost its alcohol license after it was caught selling alcohol to minors four times in the last five years, Keloland TV reported. The Sioux Falls City Council decided Monday night not to renew the store’s beer license. “I know of many other businesses down here [...]
Des-Moines, Iowa-based Seneca Cos. has been granted a Safety Award from the Iowa-Illinois Safety Council for outstanding achievement in accident prevention during the 2009 calendar year. The company offers multiple divisions to handle Petroleum construction, remodels and service, as well as environmental clean-up, remediation and the use of potentially dangerous machinery for industrial cleaning, hydroblasting [...]
Social networking is an increasingly popular way to get customers enthusiastic for your product. Ruiz Foods’ Tornados announced its Facebook-based promotion “Flavor Challenge 2.0″ this month, in which the brand’s 130,000 plus fans can submit flavor ideas in eight different categories. The top flavor in each category wins a year’s supply of Tornados and a [...]
The U.S. Court of Appeals for the Fifth Circuit ruled last week that the Obama administration could not impose a six-month moratorium on Gulf of Mexico deepwater drilling, according to the New York Times. A three-judge panel ruled 2-1 that the administration did not prove “irreparable injury” is likely if the moratorium is not [...]
Mobil 1, the official motor oil of NASCAR and O’Reilly Auto Parts, the official auto parts store of NASCAR are joining forces to give racing fans a chance to win a trip to Las Vegas during the Sprint Cup Champions Week. A total of four grand prize winners will win a trip for two to [...]
Rutter’s Farm Stores has introduced a free app for BlackBerry smart phones, complementing the Rutter’s iPhone app introduced last year. Both apps are available as free downloads from www.rutters.com. The iPhone app also is available from the Apple App Store; and the BlackBerry app will be available from BlackBerry App World within a couple of [...]
Mobil 1, the official motor oil of NASCAR and O’Reilly Auto Parts, the official auto parts store of NASCAR are joining forces to give racing fans a chance to win a trip to Las Vegas during the Sprint Cup Champions Week. A total of four grand prize winners will win a trip for two to [...]
Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale costs for gasoline are again moving higher across the country after a steep sell-off in late June into early July, with sharp gains realized during the first full week of July putting prices on either side of levels seen in late June. The increase in wholesale [...]