Renowned Futurist Announced as NACStech Closing Speaker

Renowned Futurist Announced as NACStech Closing Speaker

Michael Rogers to help convenience store retailers think for the future. Michael Rogers, a renowned technology author, pioneer and futurist, has been announced as a closing speaking for NACStech, the industry’s most comprehensive event for top retail and supplier leaders to gather and discuss ways to improve convenience retailing through technology solutions. Social media guru [...]

7-Eleven Closes Sam’s Mart Deal

7-Eleven Closes Sam’s Mart Deal

The 55 acquired stores are scheduled for rebranding as 7-Elevens in 2012. 7-Eleven Inc. has closed on the acquisition of 55 Sam’s Mart stores from Sam’s Mart LLC.  Terms of the deal were not disclosed, but Slurpee drinks and Big Bite hot dogs aren’t the only good news 7-Eleven stores’ return to the Greater Charlotte [...]

Job Gains Boost Wholesale Gasoline Costs

Job Gains Boost Wholesale Gasoline Costs

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline values continue to find upside price support from refinery closures impacting the New York Harbor, with markets quickly popping higher on news of new unplanned downtime at other refineries even though there’s ample slack in the system while preliminary data from the Energy Information [...]

BP Unveils $500 Million Marketing Plan

BP Unveils $500 Million Marketing Plan

BP Products North America looks to revitalize its U.S. retail brand. BP Products North America Inc. has rolled out plans to reclaim the title as the number one fuels marketer east of the Rockies at the 2012 BP Amoco Marketers Association (BPAMA) Convention and Business Expo—an annual gathering of BP marketers taking place in Florida. [...]

TA Bulks Up with DEF At Over 60 Locations

TA Bulks Up with DEF At Over 60 Locations

TruckSmart Mobile App shows all on-island DEF sites. TravelCenters of America LLC (TA) has completed the installation of bulk Diesel Exhaust Fluid (“DEF”) dispensers at 62 of its TA and Petro Stopping Center branded locations. Included in this number are four sites that have bulk DEF pumping capabilities Professional drivers can see all TA and [...]

FDA To Reveal Time of Inspection In Letters

FDA To Reveal Time of Inspection In Letters

Warning letters to note the time of day an inspection took place following NATO request. Going forward, the FDA plans to include the time a retail compliance inspection occurred in warning letters sent to retailers, National Association of Tobacco Outlets (NATO) reported. The FDA’s Center for Tobacco Products (CTP) sent a letter, dated Feb. 1, [...]

Heineken Serenades on Valentine’s Day

Heineken Serenades on Valentine’s Day

“The Serenade” is part of the brand’s “Open Your World” global campaign. Heineken is helping ignite romance this Valentine’s Day with the launch of a new Facebook application called “The Serenade.” Based on the brand’s second global film “The Date,” the new app enables Heineken consumers to send humorous personalized songs to potential partners, inviting [...]

Local Store Marketing: Product Sampling

Local Store Marketing: Product Sampling

By: John Matthews, founder and president of Gray Cat Enterprises Inc. If you feed them, they will come…. One of the most successful local store marketing (LSM) tactics to build into your daily operations is a sampling strategy for your products.  If your retail establishment is foodservice, your customers will want to taste the product. [...]

May The Co-Op Be With You….

May The Co-Op Be With You….

By: John Matthews, founder and president of Gray Cat Enterprises Inc. When a multi-unit organization begins to grow, one common step in this process is the creation of advertising and purchasing co-ops that enable stores to pool their financial and strategic resources. Generally, co-ops are determined using Designated Market Areas (DMA) of which there are [...]

Project Management

Project Management

By: John Matthews, founder and president of Gray Cat Enterprises Inc. “The nice thing about not planning is that failure comes as a complete surprise rather than being preceded by a period of worry and depression.”  – author unknown If you get in a car in Chicago with the intent of driving to Los Angeles, [...]

MSA Appoints Herleman as VP of IT Strategy and Innovation

MSA Appoints Herleman as VP of IT Strategy and Innovation

Management Science Associates, Inc., the acknowledged leader in data management, integration and analysis in the consumer goods, media and metals industries, has appointment Karl E. Herleman as vice president of information technology strategy and innovation for its Information Management Solutions (IMS) Division, which is focused on consumer goods and services. Herleman previously worked as CIO [...]

Valero Teams With Cardtronics

Valero Teams With Cardtronics

New deal names Cardtronics as exclusive provider of ATM services for Valero Corner Stores. San Antonio-based Valero Retail Holdings Inc., a division of Valero Energy Corp. has named Cardtronics as the exclusive provider of ATM services for Valero’s entire U.S. portfolio of company operated convenience stores, predominantly branded Valero Corner Stores. The newly-formed relationship with [...]

Walgreens January Sales Decrease 2.3%

Walgreens January Sales Decrease 2.3%

Comparable front end sales increase 1.6% from January 2011. Walgreens had January sales of $5.80 billion, a decrease of 2.3% from $5.93 billion for the same month in fiscal 2011. Total front-end sales increased 2.7% in January 2012 compared with the same month in 2011, while comparable store front-end sales increased 1.6%, following a 0.6% [...]

Sunoco Reports Preliminary Q4 2011 Pretax Results

Sunoco Reports Preliminary Q4 2011 Pretax Results

Retail Marketing earned $40 million pretax in the current quarter versus $1 million in the fourth quarter of 2010. Sunoco Inc. has reported a net pretax loss attributable to Sunoco shareholders of $660 million for the fourth quarter of 2011 versus pretax income attributable to Sunoco shareholders of $119 million for the fourth quarter of [...]

Core-Mark Announces Quarterly Cash Dividend

Core-Mark Announces Quarterly Cash Dividend

Dividend is payable on March 15. Core-Mark Holding Co. Inc., one of the largest marketers of fresh and broad-line supply solutions to the convenience retail industry in North America, announced today, Feb. 3, that its Board of Directors has declared a quarterly cash dividend of $0.17 per common share. The dividend is payable on March [...]