By Brian L. Milne, Refined Fuels Editor, Telvent DTN Those long gasoline futures on the New York Mercantile Exchange, with the contract called Reformulated Blendstock for Oxygenate Blending or RBOB, had a horrible week in early August, with a long position one in which the holder expects prices to increase. The September contract, which is [...]
7-Eleven Inc., the largest convenience store operator in North America, has signed on as the presenting sponsor of WWE’s SummerSlam, WWE’s second largest pay-per-view event. TWIX has also partnered with WWE as the promotional sponsor of SummerSlam Axxess, WWE’s two-day interactive fan experience, which leads up to the SummerSlam event on August 14 in Los [...]
Kroger Co., the nation’s largest traditional grocery and convenience store retailer, has expanded its ATM management services agreement with Cardtronics Inc., the country’s largest retail ATM owner Building on a 2010 agreement with Kroger, Cardtronics has added 350 ATMs to both its retail ATM footprint and Kroger relationship, with such additions occurring in Ralphs, Food [...]
Bring out the best of Southwestern flavor with new Texas Pete Chipotle Hot Sauce. This sauce is made from a traditional method of smoke drying red jalapeño peppers offering your menu creations a balance of heat, earthiness and complex flavor. Available in six-ounce bottles and 4.5-gallon plastic jugs, add new Texas Pete Chipotle Hot Sauce [...]
Uncle Larry’s started with two fresh homemade lemonade stands and a premium beer stand at a Fargo-Moorhead Redhawks minor league baseball ballpark. Its customers were seeking an alternative to the traditional ballpark snacks and, in response, the company created its special Uncle Larry’s Beef Shtix blend with the vivid taste of jalepeño. Today, its products [...]
With Autumn’s cooler weather, adult consumers’ tastes shift to richer, more full-flavored beers. This fall, Newcastle Brown Ale offers discerning beer drinkers everywhere the taste they are looking for through Newcastle’s ‘Your Beer. Your Gear’ fall retail program. ‘Your Beer. Your Gear.’ encourages adult shoppers to enjoy the lightly hopped, less bitter taste of Newcastle [...]
New acquisitions expected to be reopened as APlus Convenience Stores. Sunoco Inc. has acquired leasehold interests in 14 convenience stores in central Pennsylvania from the Shipley Group, a private York, Pa., company that operates the outlets as Tom’s Stores, the Philadelphia Inquirer reported. Terms of the deal were not disclosed. Sunoco is shifting its focus [...]
Despite MotoMart’s recent efforts, the city of Neenah, Wis., refused to repeal its ban on alcohol sales in convenience stores. The Neenah, Wis. Common Council turned down MotoMart’s request to repeal the city’s ban on c-store alcohol sales on Wednesday, Aug. 3. The Post Crescent Online reported that the Common Council voted 8-1 to deny [...]
Retail markets often change with the U.S. economy. Currently, one popular consumer trend is cross-channel shopping, for its value and quality. Despite gas prices that are more than 30% higher than last year, cross-channel shopping is alive and well in the consumer packaged goods (CPG) industry. In fact, three-quarters of today’s consumers shop across five [...]
“For the first time in over 10 years, total shoplifter and dishonest employee apprehensions, and the dollars recovered from those apprehensions all declined from the previous year,” says president of Jack L. Hayes International. Shoplifters and dishonest employees stole over $7.0 billion in 2010 from just 23 major retailers, according to the 23rd Annual Retail [...]
Flowers Foods’ Mrs. Freshley’s snack cake and pastry brand is introducing two fresh varieties—apple and strawberry cheese. These pastries are baked with real fruit filling, wrapped in a golden, crust and drizzled with icing. The apple and strawberry cheese Danish join Mrs. Freshley’s already extensive line of Danish pastries that includes cherry cheese and cinnamon, [...]
“Sunoco Logistics Partners L.P. had its best quarter ever and our logistics segment contributed $54 million to Sunoco’s earnings. Likewise, our retail segment also contributed strong earnings that approached a record for second quarter results,” says CEO. Sunoco Inc. has released its second quarter 2011 financial results, reporting a net loss attributable to Sunoco shareholders [...]
As Maryland attempts to aid residents in slimming down, it is turning to some local c-store owners to help introduce healthier food options. Four convenience store owners in Charles County, Md., are joining the state’s initiative to help obese residents lose weight and make healthier choices by taking part in the Maryland Healthy Stores program, [...]
Tesco’s struggling Fresh & Easy chain to test a c-store version of the grocery store brand, after a successful push with Tesco Express in the U.K. Tesco PLC is set to test a new Fresh & Easy Express branch of stores, a smaller-format version of its Fresh & Easy grocery stores, in an effort to [...]
Budweiser, the iconic global beer brand, today revealed a new design, seen in its can and secondary packaging, that will roll out of U.S. breweries and into the hands of American beer drinkers this summer, before debuting in markets around the world later this year. The new can design is Budweiser’s 12th since Anheuser-Busch began [...]