Companies have many options when it comes to gaining market share and increasing profits. Learn about strategic marketing and the tools companies are using to their advantage. By Betsi Bixby, Contributing Editor. One of my greatest joys is when clients discover strategies and develop game plans that result in market domination. What does it take [...]
By Brian L. Milne, Energy Editor, Schneider Electric Wholesale gasoline costs moved lower coming into the second week of December, reflecting sliding values in spot and futures trading that will also prompt another decline in retail prices, which the Energy Information Administration (EIA) last said averaged nationally at a $3.394 gallon five-month low. The U.S. [...]
“Strategically, this acquisition would be a great addition to our expansion and growth plans for the Midwest division,” says Couche-Tard spokesperson. Alimentation Couche-Tard Inc. has signed, through its wholly-owned indirect subsidiary, Mac’s Convenience Stores LLC, an agreement to acquire 29 stores—25 stores are located in Illinois, three in Missouri and one in Oklahoma. The transaction [...]
Mix of new and original colors now available in new eight-ounce package. M&M’S have a colorful history that dates back more than 70 years. But never before have fans been given the opportunity to choose the specific color combination for mass produced packages of M&M’S—until now. Mars Chocolate North America is introducing a new limited-edition [...]
Core-Mark to add over $600 million in annualized revenues. 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, has signed a Definitive Stock Purchase Agreement to acquire J.T. Davenport & Sons Inc., located in Sanford, N.C. The transaction is structured as [...]
Key investments in current business operations and in new ventures to drive long-term success. Consistent strong financial performance, coupled with strategic domestic and global investments have positioned CHS, producer and co-op owners for long-term growth, leaders of the nation’s largest cooperative reported at its annual meeting. CHS operates petroleum refineries/pipelines and manufactures, markets and distributes [...]
Our nation is in the midst of an energy crisis. And it has nothing to do with the price of oil. Sleep-deprived and overworked, Americans crave anything with the word “energy” on the label. By Howard Riell, Associate Editor. Energy drinks are of course wildly popular, but energy shots—those two-ounce packages loaded with concentrated doses [...]
Electronic cigarette maker NJOY celebrated the nationwide launch of its newest electronic cigarette, the NJOY Kings, with an impressive gala at New York City’s historic Jane Hotel. The release of the NJOY Kings is the realization of NJOY’s commitment to innovation. From a technology standpoint, NJOY continues to build its business by leveraging award-winning technology [...]
Company-owned Cenex Zip Trip stores feature a revamped look and a new line of fresh foods, while the Cenex-branded network is driving sales with a renewed retail design and a loyalty partnership with Cabela’s. By Erin Rigik, Associate Editor. CHS Inc. is surging into 2013 with exciting new convenience store designs for its two primary [...]
Kum & Go goes large with LEED certification, while smaller operators are opting for lighting upgrades. What can your store do to grow sustainability? By Erin Rigik, Associate Editor. Regardless of a convenience store chain’s size, opportunities exist for improving the bottom line through energy efficiency, both by reducing operations costs and by attracting environmentally-focused [...]
Now the FDA must decide whether to file a petition with the U.S. Supreme Court, asking the court to accept the case for a hearing. The U.S. Circuit Court of Appeals for the District of Columbia has denied the Food and Drug Administration (FDA)’s petition that the full panel of District of Columbia Circuit Court [...]
Rutter’s Rewards customers can now save even more on gas. Rutter’s Farm Stores has announced an addition to the Rutter’s Rewards program, which gives customers a four-cent gas discount for scanning a Rutter’s Rewards card at the pump, while maintaining the ability to earn additional cents-off-per-gallon rewards for in-store purchases. Customers will still have the [...]
New facility helps Oberto keep pace with growing meat snack demand. Oberto Brands, a national leader in the meat snacks category and maker of the popular Oh Boy, Oberto! jerky line, is opening a new production facility in Nashville, Tenn. in the first half of 2013, bringing hundreds of jobs to the area. The new [...]
Core Power Protein Milk Shake and opportunities for future dairy-based beverages drive investment. The Coca-Cola Co. and Select Milk Producers Inc. have announced the acquisition of equity stakes in the newly-created Fair Oaks Farms Brands LLC to drive growth and expansion of Core Power and to create an innovative portfolio of brands and products that [...]
Innovations and competitive pricing are pushing the popularity of moist smokeless tobacco. By John Lofstock, Editor. With cigarette smokers in flux—some sticking to favorite brands, others trading down or trying e-cigarettes and some transitioning to smokeless products—opportunities for c-stores abound. Industry insiders are looking for increased moist smokeless tobacco (MST) usage and concomitant rise in [...]