Click on an image to enlarge or click here to download as on PDF file. As we enter the New Year, I am excited about the many opportunities the Swedish Match portfolio will offer our valued customers and consumers. Swedish Match takes pride in being the industry leader when it comes to innovation and bringing [...]
By Brian L. Milne, Refined Fuels Editor, Telvent DTN Gasoline price watchers should expect prices at the pump to again nudge higher in closing out January, pushed up by a surge in oil valuations in wholesale trading on Jan. 28 sparked by unrest in Egypt. The rally reversed what would have been a decline in [...]
BP maintains second highest market share after Shell despite oil spill crisis. Chevron used 2010 to restructure, exiting states on the edge of its marketing area, but it nonetheless exhibited more pricing power than any other brand, according to a just release OPIS report. The OPIS Retail Year in Review & 2011 Profit Outlook found [...]
Settlement with ArcelorMittal resolves lawsuit on Coke pricing litigation. Sunoco Inc. is moving forward with the planned separation of SunCoke Energy after reaching an agreement with ArcelorMittal that resolves the lawsuit concerning coke pricing for the Jewell facility. Additional information regarding the planned separation of SunCoke Energy from Sunoco will be discussed on the previously [...]
“When we decided to convert these new locations, we wanted a partner who had refining might,” said president of C.N. Brown Co. CITGO Petroleum Corp. and Maine-based fuel distributor C.N. Brown Co. have converted 42 locally owned gas stations across Maine and New Hampshire to the CITGO brand. The move extends the company’s 20-year partnership [...]
Love’s plans to spend $230 million making enhancements to current locations and building new sites. Love’s Travel Stops & Country Stores, a national operator of travel centers and convenience stores based in Oklahoma City, has planned capital expenditures of $230 million for calendar year 2011. The majority of this amount, $180 million, is scheduled to [...]
NACS urges retailers to join it on Capital Hill to show support for the Durbin Amendment that regulates interchange fees. With a new Congress in session, the rule regulating interchange fees runs the risk of being overturned, and NACS is urging retailers to show their government the issue remains important to them. The Dodd-Frank Wall [...]
“We are pleased to partner with family-owned businesses as we grow the Irving brand across Rhode Island and New England,” said Irving Oil spokesperson. An Irving filling station located at 1325 Wampanoag Trail in Riverside, R.I., has a new owner: Peter Vaserman, who recently renovated the location and plans to make additional upgrades in the [...]
Limited-time offers, small portion size options and kids-eat-free promotions, are key to increasing traffic for foodservice providers. Consumers are still watching their discretionary spending—in fact, 60% of restaurant-goers report that the recession has changed the way their family spends money. Unfortunately for foodservice operators, relief is still a ways off, as latest research from Mintel [...]
Brian Huff is scheduled to take on the position of president effective Feb. 7. JEWEL-OSCO, a SUPERVALU INC.-owned company, has announced that Keith Nielsen, JEWEL-OSCO president, is retiring, effective at the end of the fiscal year (Feb. 28, 2011). “I am very proud of the work we’ve accomplished at JEWEL-OSCO during my tenure as president, [...]
Convenience stores are unique to other foodservice outlets, presenting special challenges to c-store management and suppliers of food, equipment and disposable products. To help executives quickly get up to speed, Technomic is offering a special half-day C-Store Foodservice 101 seminar. Program highlights include: * Foodservice industry overview. * Top-line issues and concerns of c-store foodservice. [...]
New sites include five former Q Fix Truck Service locations. The Bosselman Family of Companies and Bosselman Boss Shops are opening six new Boss Shop locations: five former Q Fix Truck Service Shops with locations in Kentucky and southern Indiana, and a former Flying J Shop location in Smithton, Pa. The Q Fix organization offers [...]
The ULSD initiative allows CITGO to contribute to a cleaner environment. CITGO Petroleum Corp. has completed the construction and start-up of a 42,500 BPD unit to produce Ultra Low Sulfur Diesel (ULSD) at its Corpus Christi, Texas refinery. With the completion of this unit, which has been in operation since December, CITGO is now capable [...]
Military veteran’s franchise program earns 7-Eleven recognition. 7-Eleven Inc. has been named one of the Top 100 Military Friendly Employers, a list published annually by G.I. Jobs magazine. 7-Eleven was the only food retailer included and, among all retailers on the list, ranked third. “The company prides itself on a diverse work force and its [...]
Dunkin’ Donuts expands, offering single and multi-unit opportunities with no minimum unit requirements. Dunkin’ Donuts is expanding in Chicago and seeking new franchise agreements in the city. Most recently, Dunkin’ Donuts signed a multi-unit store development agreement with Sam Patel for two restaurants in Chicago. The first restaurant opened in December 2010 at the University [...]