Thirteen former Oasis convenience stores are being sold at auction in the Twin Cities metro area, and are expected to sell for less than the current debt owed on the properties, according to bankruptcy trustee John Hedback, MarketWatch reported. “It’s a definite possibility that the lender will take a loss on these, but that’s just…
Mintel Predicts Consumer Trends
As the economy slowing recovers, customers are still adapting. With that in mind, Mintel has predicted nine key consumer trends for the year ahead, examining how long term behavior has been implicated. In 2011, consumers are living for the long term with attitudes inspired by a changed value set. “The effects of the global economic…
Customers Earn Fuel Savings At Ralphs Grocery
Ralphs Grocery Co. and Shell have teamed to give customers in the greater Los Angeles area, including Orange, Riverside and San Bernardino Counties, the chance to earn fuel savings at the pump. The exclusive alliance provides Ralphs shoppers the opportunity to save on fuels by using their Ralphs rewards card. Beginning Nov. 1, every time…
A Roadmap to Success: Convenience Stores on the Fast Track
Casey’s Completes Short Stop Acquisition
Ankeny, Iowa-based Casey’s General Stores Inc. has completed the acquisition of six convenience stores in Iowa owned by J.D. Carpenter Companies Inc. The stores operate under the Short Stop banner and are expected to be immediately rebranded to Casey’s. “After approaching Short Stop nearly three months ago, we were pleased with how smoothly the process…
BP Outlines Plan to Move Brand Forward
BP Products North America Inc. recently reaffirmed its commitment to the BP retail brand in Gaylord, Md., at the 2010 BP Amoco Marketers Association (BPAMA) Convention and Business Expo, an annual gathering of BP marketers. A record number of marketers attended this year’s event to hear from several top BP executives how the company plans…
Data Security Solutions
First Data Corp. and VeriFone Systems Inc. are joining forces to offer a VeriFone edition of the First Data TransArmorSM solution to U.S. multi-lane and petroleum merchants that will give businesses using VeriFone’s MX 800 series of devices, Secure PumpPay and the Ruby point-of-sale (POS) solutions a complete security solution combining VeriFone’s VeriShield encryption along…
FDA Calls For Food Safety Managers
In the name of food safety, the U.S. Food and Drug Administration (FDA) recommended that all restaurants and retailers employ certified food protection managers, Nation’s Restaurant News reported. The recommendation is supported by the National Restaurant Association and the National Council of Chain Restaurants (NCCR) and came on the heels of the results of a…
Cardtronics To Operate ATMs For Pump & Pantry
Bosselman Inc., an owner and operator of convenience stores and travel centers throughout the Midwest has hired Cardtronics Inc. to provide ATM services at 24 of its 42 Pump & Pantry convenience stores. Located in Nebraska, the Pump & Pantry stores provide consumers with a wide range of convenience products and services. Under terms of…
Shell To Sell Downstream Businesses in Finland, Sweden
Shell has agreed to sell the majority of its refining and marketing businesses in Finland and Sweden to Keele Oy. The terms of the transaction, which are subject to regulatory approvals, include Shell’s retail business, including some 340 service stations in Sweden and some 225 in Finland, as well as its commercial road transport (CRT)…