“Separating these two businesses will allow each to unlock its own potential for growth,” says chairman of the board. Murphy Oil Corp.’s Board of Directors has approved a plan to spin off to its stockholders its U.S. downstream subsidiary, Murphy Oil USA Inc., into an independent and separately traded company. The corporation has also authorized [...]
EZ Energy continues its support of the Homeless Children’s Education Fund with a $30,000 donation. In the final hours before EZ Energy’s sale, the management team remained true to its core values of supporting their communities with a significant charitable contribution. “Even as we prepare to sell substantially all our assets and we transition to [...]
Dolf van den Brink is the first beer industry member to be make the list. HEINEKEN USA’s President and CEO Dolf van den Brink has been named one of Fortune Magazine’s prestigious “40 Under 40!” The annual list of business leaders under 40 years old celebrates some of the most influential contributors in technology, media, [...]
Ronald Lewis to speak on the evolution and growth strategy of The Coca-Cola Co., and how procurement helps fulfill company goals. Ronald Lewis, vice president, procurement and chief procurement officer for the Coca-Cola Co. is scheduled as the featured speaker for SupplySide West 2012 Global Expo and Conference, which is scheduled for Nov. 5-9 at [...]
Sandwich and Pizza producer, Day’n Night Bites, is expanding its distribution and sales force to the convenience store industry. Advantage Sales and Marketing (ASM) was appointed Oct. 1 as sales agent with the Day’n Night Bites brand, leveraging ASM’s excellent broker relationships to continue the brand’s exceptional success. “I am extremely excited about our new [...]
Brian L. Milne, Refined Fuels Editor, Telvent DTN It’s mid-October and wholesale gasoline costs are on a downtrend, with the decline delayed based on gasoline’s seasonal tendency to begin moving lower after Labor Day as holiday travel cuts vehicle miles traveled. Gasoline prices are also coming down from lofty heights not usually experienced this time [...]
The agency has requested a hearing before all eight judges on the U.S. Circuit Court of Appeals for the District of Columbia. The U.S. Food and Drug Administration (FDA) is fighting back after a three judge panel with the U.S. Circuit Court of Appeals for the District of Columbia, on Aug. 24, barred the FDA’s [...]
TA and Petro Shopping Centers get high marks from customers in “Voted Best” survey. TravelCenters of America LLC, operator of TA and Petro Stopping Centers branded travel centers, has announced the results of the sixth annual “Voted Best” survey. The independent survey conducted during September 2012, by Overdrive magazine, garnered driver feedback on truck stop [...]
“These two acquisitions provide 7-Eleven with an excellent opportunity to have a strong presence immediately in both the Cleveland and Pittsburgh areas,” says 7-Eleven executive vice president. 7-Eleven Inc. has announced two acquisitions, expanding its U.S. store portfolio. The company has closed deals with EZ Energy USA, Inc. to purchase 67 retail locations in the [...]
Specifying your target customer in the diverse Hispanic demographic can help food sales soar at retail. By Howard Riell, Associate Editor. The first rule of marketing for the average Hispanic consumer is understanding that there is no such thing as the average Hispanic consumer. The Hispanic consumer spans a diverse demographic composed of many niche [...]
Despite the continued economic doldrums, U.S. confectionery sales have grown at a pace of 4.2% annually. By Howard Riell, Associate Editor. Keeping shelves full of customers’ favorite candy, gum and mint brands may seem like an obvious practice for convenience store category mangers. However, controlling out-of-stocks continues to be the top challenge for c-stores managing [...]
IDDBA’s “What’s in Store” report shows customers are looking to eat healthier and are shopping more, but they are also buying less on each trip. By John Lofstock, Editor. Consumers are buying less food on each trip to the store, making value that includes healthy choices the crux of their shopping ethos, according to “What’s [...]
Scandinavian Tobacco Group Lane has introduced PIPA, a product that will make it easier than ever for cigarette and cigar smokers to explore the world of pipe tobacco. Each package comes with 1.5 ounces of Vanilla Cavendish pipe tobacco, a free corn cob pipe, a free sticker, and a free ‘Pipe Smoking 101’ instruction booklet—all [...]
Ray Sorensen wins hometown pizza party and a $5,000 grand prize check. After a three-month search for the best local celebrities, Casey’s General Stores Inc. recently announced Ray Sorensen II of Greenfield, Iowa, as the winner of the Casey’s Famous People Contest. Celebrated as The Freedom Rock Artist, Sorensen is a local celebrity known for [...]
For the sixth year in a row, Phillips 66 Co. held an annual sweepstakes at more than 3,500 participating Phillips 66, 76, and Conoco gas stations. Phillips 66, 76 and Conoco gas station chains have announced that Maria Brown from Glendale, Calif. Has won gas for life by filling up with TOP TIER Detergent Gasoline [...]