Sunoco Inc. is supplying the National Association for Stock Car Auto Racing (NASCAR) with a new high-performance fuel for the 2011 season. The new fuel-known as Sunoco Green E15—is a 15% ethanol blend that will be used in NASCAR’s three national touring series. “Since 2004, Sunoco has produced and delivered to NASCAR the world’s best…
Retail Gasoline Prices to Ease off Five-Month High
By Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline prices across the U.S. moved lower during the second full week of October, halting a march higher in gasoline costs that started in September. The decline in wholesale gasoline costs will pressure retail gasoline prices that have been moving sharply higher during a time…
Heineken Launches ‘The Holidays Start Here’ Retail Program
Heineken, the No. 1 selling European import beer in the U.S., unveiled the details of its ‘The Holidays Start Here’ retail program. ‘The Holidays Start Here’ invites consumers, through a custom Heineken Party Planner iPhone and Android app, to eliminate the guesswork from planning or attending the ultimate holiday party. The program will run in…
Walgreens Announces Share Repurchase Program
The board of directors of Walgreen Co. has authorized a new $1 billion share repurchase program, which will expire at the end of 2012. The board also declared a regular quarterly dividend of 17.5 cents per share, a 27.3% increase over the year-ago dividend. The dividend is payable Dec. 11, 2010, to shareholders of record…
Shell Educates Customers Through Gas Giveaway Promotion
Shell is continuing its efforts to educate consumers about the benefits of using high quality gasolines in their vehicles by giving away thousands of gallons of Shell Nitrogen Enriched Gasolines to drivers coast-to-coast today, Friday, Oct. 15. To ensure consumers have a firsthand opportunity to learn about and try Shell Nitrogen Enriched Gasolines for themselves,…
West N.Y. Quick Chek Celebrates Five Years
Quick Chek, which operates 125 food store locations throughout New Jersey and southern New York, has announced its West New York, N.J., store located at 5100 Kenned Blvd., will celebrate its five year anniversary, Sunday, Oct. 24. Opening its doors for business Oct. 24, 2005, West New York Quick Chek is currently managed by Store…
Convenience TV To Roll Out At 75 More Stores
Convenience TV Inc. has signed an Memorandum of Understanding with Black Hat Distributing Co. LLC to have them sign 75 additional locations in Greater Los Angeles. If successful, adding these additional 75 installations will bring the total number of locations to 103 in the Los Angeles area. “We have projected that 100 or more locations…
NACS Cautions Retailers On E15
Retailers should exercise extreme caution when considering whether to sell E15 (gasoline containing 15% ethanol) following the U.S. Environmental Protection Agency’s (EPA) recent decision to authorize the use of E15 in vehicles manufactured in model year 2007 and later, said the National Association of Convenience Stores (NACS). NACS represents the convenience and petroleum retailing industry,…
NACS Show Recap
Nearly 22,000 representatives of the global convenience and petroleum retailing industry turned out for this year’s NACS Show, according to attendance figures released by NACS. Overall, 21,983 attendees were at the NACS Show, including 1,328 international attendees. The NACS Show took place Oct. 5-8 at the Georgia World Congress Center in Atlanta. It is ranked…
Nestlé Waters’ CEO Inducted into Beverage World Hall of Fame
Kim Jeffery, president and CEO of Nestlé Waters North America, was welcomed into the Beverage World Hall of Fame on Sept. 22, 2010, at the Interbev 2010 Conference in Orlando, Fla. For more than 25 years, the Hall of Fame has honored executives in the beverage industry who have demonstrated devotion, creativity and passion for…