NACS Launches Label Program To Deter Skimming

NACS has launched “We Care… About Your ID,” a new program to help members develop preventative measures against ID fraud. The program was introduced during the NACS Show, which runs through Oct. 8 at the Georgia World Congress Center in Atlanta. More than 22,000 attendees are expected at the event. Central to the security education

Thorntons Launches eGift Cards

Thorntons Inc. has signed a deal with Transaction Wireless, a provider of virtual mobile and gift card services. Transaction Wireless is using its proprietary technology for gift card services to create a turnkey store on Thorntons Web site at www.thorntonsinc.com and Thorntons Facebook page at http://www.facebook.com/thorntonsinc. The new agreement is being launched through a relationship

Gasoline Prices Moving Higher in Early October

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Bucking the seasonal trend, retail gasoline prices are moving higher in early October following sharp increases in wholesale costs in a host of major metropolitan markets around the United States. Retail gasoline prices have averaged higher nationally in October compared with September in only two of

Michigan Speedway Stations To Offer PNC ATMs

Banking is now more convenient throughout Michigan as Speedway SuperAmerica LLC (SSA), PNC Bank, a member of The PNC Financial Services Group Inc., and self-service provider, EDC, partner to provide PNC-branded ATMs in nearly 300 store locations across the state. “We are dedicated to providing our customers with great service,” said Grant Heminger, SSA’s vice

Global Partners Acquires 42 Exxon Stations

Global Partners LP, a wholesale distributor of gasoline, distillates and residual oil in New England, has completed the final phase of its acquisition of 42 Mobil-branded and operated retail gas stations and fuel supply rights in Massachusetts, New Hampshire and Rhode Island. Earlier this month, the Partnership completed the acquisition of 148 dealer-operated Mobil stations,

Hess, Red Sox Hit Home Run For Kids

Hess Corp.’s home run program with the Boston Red Sox is benefiting two local institutions serving children’s medical needs. Children’s Hospital Boston’s Trauma Program and the Jimmy Fund through the Red Sox Foundation each received a $55,000 check from Hess Retail Territory Manager Terri Bean at an on-field presentation at the Red Sox game on

Slurpee Battle of the Bands Winner Announced

7-Eleven Inc. announced The HOLLABACKS as the winner of its second annual 7-Eleven and “Slurpee Battle of the Bands” competition. Home-grown rock and popular bands battled in this multi-tiered competition, but only one from the 906 entries emerged the winner. “We want to thank the Slurpee brand, our friends, family and fans who helped us

Hess To Operate Tubular Bells

Hess Corp. has agreed to acquire an additional 20% interest in the Tubular Bells oil and gas field in the Gulf of Mexico from BP for $40 million and will become the operator. The increased ownership will bring Hess’ working interest in Tubular Bells to 40%. Chevron holds a 30% interest and BP will retain

BP Creates New Safety Division

BP plans to create a new safety division in the aftermath of this summer’s oil spill disaster in the Gulf of Mexico, CNN reported this week. The “powerful new unit” will have the authority to intervene in all aspects of BP’s technical activities, according to the company. The safety division is one of the new

Walgreens Showcases Products by Hispanic-Owned Businesses

Walgreens is highlighting the successes of Hispanic-owned businesses during Hispanic Heritage Month in October as part of its Community Corner program, a supplier diversity initiative designed to allow consumers to easily identify and purchase products produced by diverse companies. Walgreens is recognizing the Latino vendor partners through print advertisements, in-store announcements, in-store product demonstrations and

BP’s ampm Adds Hispanic Snacks

BP’s ampm brand is adding some spice to ampm convenience store shelves with the introduction of a new line of proprietary Hispanic snacks. The snacks, which hit the shelves in several ampm markets earlier this year, debuted under the store’s El Mero brand. “Hispanic consumers are looking for products with authentic flavors,” said Bill Fry,

Couche-Tard Walks Away

Alimentation Couche-Tard Inc. has allowed its tender offer to acquire all of the outstanding shares of Casey’s General Stores Inc. for $38.50 per share in cash to expire at 5:00 p.m., New York City time, on Sept. 30, 2010. At the expiration of the offer, certain conditions to the offer had not been satisfied and

Industry Shines in National Rankings

Inc. magazine has revealed its fourth annual Inc. 5000 list, an exclusive ranking of the nation’s fastest-growing private companies. “The leaders of the companies on this year’s Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression,” said Inc. President Bob LaPointe. “The 2010 Inc. 5000 showcases

Processing PCI Confusion

Many retailers are breathing a sigh of relief in regard to PCI, after this summer’s deadline for software compliance was relaxed after a request by the major oil companies, giving scrambling retailers a little more time to comply. But retailers be warned: chains that face a breach could still get hit with huge fines. “Some

Electronic Wallet: The New Way to Pay

The thirsty teenager steps up to a bright red vending machine and takes out her mobile phone. She places the phone near a reader attached to the machine and a cold can of cola is immediately dispensed. This scene is repeated thousands of times each day for thirsty consumers—in Japan. For almost six years, Japanese

Shopping for POS Solutions

Convenience to customers today means one-stop shopping, short lines at the counter and the ability to get in and out of a store fast. New integrated point-of-sale (POS) solutions are speeding up service and offering customers the convenience they demand thanks to faster processing times. What’s more, they’re saving operators money, labor and time. Finding

Keeping USTs and Fuel Dispensers Safe

“Those operators who are only now waking up to the need to tend to UST-related matters need not despair. I recently put together an update for a client I have on all 50 states, and everything I remember reading said that no one’s been cast out, shut down or told they can’t operate because they

Train to Retain

Convenience store turnover is staggering—100% is typical, and 200% is common among hourly retail employees. Yet, in a Fortune magazine survey of the most admired companies, “the single best predictor of overall excellence was a company’s ability to attract, motivate and retain talented people.” Training and preparing employees for advancement is one proven method for

Tax Planning and the IRS

It is no secret that the Internal Revenue Service (IRS) audits relatively few tax returns. In fact, each year the IRS publishes the figures. The IRS’s own data reveals that slightly more than 1% of all tax returns filed were audited. The audit figures for the almost 10 million business returns filed in fiscal 2009,

3 Rules of Social Media Marketing

Social networks like Twitter, Facebook and YouTube have put the power of the media in the hands of the average citizen. Entrepreneurs, information marketers, and college students have learned that they can be the media for audiences both large and small. They have also learned that the nightly news and the traditional print media will

Growing Milk and Dairy Sales

Milk’s Bumpy Ride   In Mintel International’s new “Milk in the U.S.” report, senior analyst David Browne predicted a “bumpy ride” for the $11-billion milk market. Few categories, he noted, are as volatile as milk, which is reflected in the wild dollar sales swing during 2004-09.   “Volatility may return to the market in late

Elevating Snack Sales

The weak economy has not taken much of a bite out of meat snack sales. Americans are loathe to sacrifice edible indulgences, even in times of financial crisis. All three NACS snacks categories—salty, packaged sweet and alternative—showed increases in average sales per store from 2008 to 2009, and showed gross-margin percentage and average gross-margin-dollar-per-store gains.

Outlook Strong for Salty Snacks

The recession of the past couple of years has not swayed consumers from their salty snack habits. In almost every type of data, salty snacks continue to thrive. According to NACS’ 2010 State of the Industry report, convenience store salty snack sales climbed 3.4%, while margin dollars climbed 4.8%. Since 2007, sales of salty snacks

Lighting the Way to Profitability

Lighters can be an afterthought. There are relatively few manufacturers, everyone merchandises them near the front counter, liability issues have cut down on cheap products and differentiation is only skin deep. But even given the limited number of companies supplying products, lighters produce an excellent margin—between 40% and 60%—and sales have been steady for the

Developing a Customized Foodservice Menu

Testing New Products   As new products earn their way onto your menu don’t forget about the equipment.   “Let’s say you’ve got a roller grill and you’ve been selling hot dogs forever,” explained Larry Miller, president of Miller Management & Consulting Services Inc. in Sanford, Fla. “Now somebody brings you a handheld Mexican product,

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