Developing revolutionary coffee equipment solutions for 25 years, FETCO has introduced the EXTRACTOR Airpot Touchscreen Series Coffee Brewing System. The perfect hot beverage solution for high-volume self-service environments, such as convenience stores, cafeterias, specialty coffee shops or office coffee service, FETCO’s new Airpot Touchscreen Coffee Brewing System takes the simplicity of coffee brewing to a [...]
Some 20-25 new stores planned for the Colorado Springs and Pikes Peak area within five years. Kum & Go is celebrating its grand opening in Colorado Springs and has plans to invest $90 million in building a total of 20-25 new stores in the Colorado Springs and Pikes Peak region of the Centennial State within [...]
Energy Department forecasts U.S. production of crude and other liquid hydrocarbons, including biofuels, will average 11.4 million barrels per day next year. According to the Associated Press, U.S. oil output is surging so fast that the U.S. could soon overtake Saudi Arabia as the world’s biggest producer. Driven by high prices and new drilling methods, [...]
With the typical household spending nearly $350 per month on gas, Casey’s and Hy-Vee team to offer some price relief. Casey’s General Stores has partnered with Hy-Vee Inc. to launch a program that will allow customers to save $2 or more per gallon on gasoline purchases at all Hy-Vee and Casey’s stores. The new [...]
Customers can now make shopping for groceries count at the pump. Chevron and Safeway Inc. have partnered to offer a joint Reward Points loyalty program. Customers who earn Gas Rewards by shopping with their VonsClub Card at Vons stores and their ValuePlus Card at Pavilions stores will now be able to use their Rewards for [...]
Changes in the IRS tax code will impact how operators can expense capital improvements. By Mark Battersby, Contributing Editor. In an effort to resolve the controversy over whether certain expenditures made by a convenience store chain, franchise or independent fuel marketer are currently deductible as repair expenses, or whether they must be capitalized and deducted [...]
A special report by WTHR News 13 discovered that RFID (radio frequency identification) chips inside specific credit cards are offering thieves a new, easy way to steal credit card data. Cards with RFID tags can be identified by a symbol featuring four curved lines, or by the words payPass, payWave or Blink. Customers with these [...]
Overall consumer sentiment more positive. Generation X, those born after the post World War II baby boomers, generally has a positive outlook on the economy, but that doesn‘t mean they are free spenders. In fact, they are more frugal than baby boomers and seniors, according to SymphonyIRI‘s Q3 2012 MarketPulse, the ongoing survey series that [...]
MAPCO Express looks to improve quality of hires and employee retention with the PeopleAnswers HR solution. MAPCO Express and PeopleAnswers have signed a three-year software licensing agreement where the convenience store chain will use the PeopleAnswers HR solution to assist in selecting and hiring corporate positions and store-level staff. “When customers visit a MAPCO store, [...]
“I know Christopher will continue to challenge the status quo with clear strategies for growth and improvement of JTI U.S.A. brands,” says JTI U.S.A. general manager. JT International U.S.A. (JTI U.S.A.) has appointed Christopher Mitchell as director of the portfolio, brand & trade strategy pillar in the consumer & trade marketing department. In this role, [...]
“We look forward to the positive results that the program will generate for the benefit of our neighbors,” says CITGO spokesperson. CITGO Petroleum Corp. and its Corpus Christi refinery have announced the recipients of $500,000 worth of grants under the first year of the company’s Hands for Hillcrest program. The initiative is aimed at supporting [...]
With gasoline prices again soaring, convenience store and petroleum retailers are investing in software solutions that can help them manage the business more effectively. By Howard Riell, Associate Editor. Convenience store operators are feeling the pinch from skyrocketing gas prices, which makes fuel inventory controls even more critical in helping retailers reduce costs and bolster [...]
By John Lofstock, Editor It’s been a busy year filled with accolades for venerable industry icon Richard Salinsky. With more than 50 years of experience and dedication to the industry, Salinsky was honored earlier this year with the prestigious Distinguished Marketer Award from SIGMA, the Society of Independent Gasoline Marketers of America (SIGMA). Now, the [...]
Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline costs were lower in most metropolitan markets across the U.S. coming into the final full week of October, pressured by rebuilding gasoline supply as refinery processing ramps up after a series of unexpected outages had propelled gasoline costs sharply higher. The total domestic gasoline inventory [...]
Through a partnership with Projects With Purpose, Thorntons’ employees volunteer to help Catholic Charities of Louisville and Henryville tornado victims. As part of its ongoing community giving program, Thorntons Inc. employees will be participating in the company’s annual volunteer Humanitarian Day on Sunday, Nov. 11. This year’s focus is two-fold on behalf of both downtown [...]