Archive for January, 2012
Gasoline Prices Surge as N.J. Refineries Shut for Repairs
By Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline prices for the week-ended Jan. 30 were sharply higher in most major metropolitan markets across the U.S. , with those costs pushed up by a string of refinery closures due to economics and unscheduled repairs. On Friday (1/27), the New York Mercantile Exchange RBOB [...]
Senator Seeks To Expedite Keystone XL Pipeline
The proposed pipeline could bring up to four million barrels of Canadian crude oil per day by 2020. Senator John Hoeven (R-ND) has introduced legislation, which would expedite the construction of the Keystone XL pipeline by granting Congress the authority to move the project forward without the President’s consent. Citing Congress’s authority enumerated in the [...]
C-Store Count Grows 1.2%
Today there is approximately one c-store per 2,100 U.S. residents. The U.S. convenience store count increased to a record 148,126 stores as of Dec. 31, 2011, a 1.2% increase (1,785 stores) from the year prior, according to the latest NACS/Nielsen Convenience Industry Store Count. The convenience retailing industry has seen remarkable growth over the last [...]
Cumberland Farms Launches Pediatric Care Campaign
New corporate giving initiative allows convenience store retailers to raise funds for hospitals helping to heal children. Cumberland Farms has launched a Pediatric Care Campaign today, where the convenience store retailer will work with communities to raise much needed funds for hospitals that provide medical care to children. During this initiative, Cumberland Farms plans to [...]
Finiti Branding Group Hires New Senior VP of Sales
Ron Vogler joins Finiti, bringing 27 years of sales and marketing executive-level expertise. Ronald Vogler has joined The Finiti Branding Group LLC as senior vice president of sales, based in Mobile, Ala. “The hiring of Ron is foundational,” said Finiti President Russell Stone. “He’ll be a pillar to FIN setting the service and sales standard [...]
Altria Chairman and CEO To Retire
“Now is the time to transition leadership to people of an age to guide the company through its next phase of growth,” says Altria CEO. Altria has announced that Chairman and CEO Michael Szymanczyk, 63, has decided to retire after 23 years of distinguished service to the company, including four years as chairman and CEO [...]
AdvancePierre Foods, Johnsonville Sausage Form Alliance
Under partnership, AdvancePierre becomes the exclusive foodservice distributor of Johnsonville Sausage. AdvancePierre Foods and Johnsonville Sausage have formed a strategic partnership, leveraging AdvancePierre Foods’ dynamic foodservice organization and distribution system to deliver quality Johnsonville Sausage to foodservice customers across the U.S. This partnership will make AdvancePierre Foods, a supplier of value-added protein and handheld convenience [...]
Study Shows Website Visits Drive Brand Purchases
CPG brand Website visitors spend 37% more on the brand and 53% more on product category in retail stores. A study from Accenture, comScore Inc. and dunnhumbyUSA, aimed at helping consumer packaged goods (CPG) marketers better understand the link between consumers’ usage of brand Websites and their in-store brand buying behavior, found that visitors to [...]
FDA’s CTP Announces Public Workshop
A Webcast of the workshop will be available, although preregistration is required. FDA’s Center for Tobacco Products has announced a Research Program Public Workshop: Expanding the Research Base for Tobacco Product Regulation. The purpose of the public workshop is to discuss FDA’s Center for Tobacco Products’ (CTP) research priorities across a broad array of disciplines; [...]
Will EMV be DOA?
Visa is encouraging retailers to move toward the EMV technology seen in Europe, but some argue by the time it’s implemented in the U.S., the technology will be outdated. By Erin Rigik, Associate Editor. Visa this fall announced plans to speed up the migration to contact chip and contactless EMV chip credit card technology in [...]
Breaking News: 7-Eleven to Acquire 55 Sam’s Mart Stores
After a 24 year hiatus, 7-Eleven returns to the Charlotte, N.C. market. 7-Eleven Inc. is buying 55 Sam’s Mart stores in North and South Carolina, marking its return to the Charlotte, N.C. market after 24 years, the Dallas Business Journal reported. Dallas-based 7-Eleven previously sold its 33 stores in the Charlotte market in 1988. Although [...]
TA Donates More Than $212,000 to SCF
Second annual campaign results in largest donation to truckers fund. TravelCenters of America LLC (TA) wrapped up its second annual ‘Band Together for SCF’ campaign with $212,538.87 in donations to support the St. Christopher Truckers Development and Relief Fund (SCF). Customers and employees of TA and Petro Stopping Centers made donations from Nov. 15 – [...]
TETCO Donates $206,385 To JDRF
TETCO has gifted more than $800,000 to the nonprofit since 2005. TETCO has donated $206,385 to The Juvenile Diabetes Research Foundation (JDRF), South Central Texas Chapter, to help support the organization’s continued quest to find a cure for type 1 diabetes, a life-threatening auto immune disease. “TETCO has been such an amazing partner with JDRF [...]
7-Eleven Offers Healthy Eating Resolution Advice
Customers on a diet can make better-for-you food choices at their local convenience store. 7-Eleven Inc. Corporate Dietitian Patsy Ross has advice for resolution makers who find themselves often falling short of their New Years goals, and how to make healthy eating choices at their local c-store. She noted some resolution-makers try such drastic changes, [...]
Sheetz Debuts New Locations
New stores in West Virginia and North Carolina welcomed customers for the first time Thursday. Sheetz opened two new stores on Jan. 26. One store opened in Beckley, W.Va.—marking the second store in the area—and the other in McGee’s Crossroads near Benson, N.C., located at 13433 NC Highway 210. Doors officially open to customers Thursday [...]
