Pilot Flying J’s CEO hires chief compliance officer, starts electronic rebate payments, restructures team and begins its own field audit, among other steps. Jimmy Haslam, CEO of Pilot Flying J, and owner of the Cleveland Browns, has released a statement regarding the ongoing FBI and IRS investigation into the Pilot Flying J travel plaza business [...]
NTC and V2 Cigs expect to expand distribution to no less than 30,000 additional retail locations this year alone. V2 Cigs, America’s largest volume online retailer of electronic cigarettes, announced today a strategic partnership with National Tobacco Co. (NTC), distributor of the iconic Zig-Zag and Beech-Nut brands. The two companies have joined forces in the [...]
By Brian L. Milne, Energy Editor, Schneider Electric Just as worry demand for oil would be less than previously projected amid expectations for sluggish global economic growth led to a widespread selloff that dropped gasoline futures to their lowest point since mid-January, wholesale costs in the Midwest surged on storm-triggered supply disruptions. Reformulated blendstock gasoline [...]
A $300,000 gift from Kum & Go and the Krause Gentle Foundation helps Tippie College of Business provide live financial information to students. The Henry B. Tippie College of Business at The University of Iowa recently unveiled a new stock market video wall, funded by a $300,000 donation from Kum & Go and the Krause [...]
The RAMP Advanced Commerce & Mobile Retail Services Summit (known as the Retail RAMP Show) drew a number of retailers and mobile technology companies to St. Charles, Ill., April 15-17, as it delivered an in depth look at emerging payment models and platforms, including merchant coalitions and the growing number of mobile wallet options now [...]
Looking for a revolutionary new way to provide a full array of restaurant-quality foods in a compact, countertop accelerated-cooking oven? Look into Ovention’s award-winning new Matchbox oven. An acclaimed highlight at the 2012 NACS Show and a 2013 honoree in the National Restaurant Association’s Kitchen Innovations Awards program, the UL-listed ventless Matchbox does the work [...]
Properties in Texas, Florida, Ohio, Pennsylvania, Utah and Wisconsin are scheduled for a sealed-bid auction. 7-Eleven Inc. has retained NRC Realty & Capital Advisors LLC (NRC) to coordinate the sale of 139 gasoline stations and/or convenience stores, 83 of which are located in Texas, 31 in Florida, 11 in Ohio, eight in Pennsylvania, five in [...]
Fueling Good gets better with custom-blended fuel. Maximizing engine performance and drivability are two key benefits of an enhanced gasoline recently introduced by CITGO Petroleum Corp. Known as TriCLEAN gasoline, this custom blend includes more nitrogen cleaning agents to keep vital engine parts clean for a smoother running engine that maximizes mileage [...]
The Car Wash Show 2013, the world’s largest car wash convention and trade show, opens today, Monday, April 22, 2013, at the Sands Expo and Convention Center in Las Vegas. Presented by the International Carwash Association, The Car Wash Show 2013 is expected to draw thousands of car wash professionals from around the country and [...]
Consumer Spending Analysis from The Food Institute, shows food cost trends to impact consumers this year. Feeding a family of four at home will cost about $4 more each week this year than in 2012, according to The Food Institute. Meanwhile, away-from-home food spending is projected to rise about $2.40 each week. Nearly [...]
Four of the chain’s nearly 200 stores remain closed due to the ongoing manhunt for the Boston Marathon bombers. Separately, 7-Eleven tells CSD that despite media reports one of its stores was not robbed by the suspects early this morning. By John Lofstock, Editor As the nation continues to mourn the senseless terrorist attack on [...]
The majority of the sites are located in New York and New Jersey. Getty Realty Corp. is directing a sealed bid sale through NRC Realty & Capital Advisors of 40 gas stations sold without supply agreements and 70 commercial and retail properties that are former gas stations being sold without tanks. The properties are located [...]
An FBI affidavit alleges that Haslam knew about rebate fraud. Following the raid of Pilot Flying J headquarters by the FBI and IRS Monday, which was part of a federal criminal investigation into claims Pilot Flying J failed to pay rebates to trucking customers, the FBI filed an affidavit Thursday that noted Pilot Flying J [...]
With one year under its belt, Subway franchise is going strong. Eric Huppert, Subway Franchise Owner at the Team Oil Travel Center in Spring Valley, Wis., was happy and proud to accept the “Certificate of Award for Best Restaurant Opening in the Midwest Region” when he and Head of Operations Carrie Vanasse, attended the owners [...]
Harris Poll finds 71% of 18-35-year-olds purchase coffee or tea beverages. At a time when Starbucks can be found on practically every corner, have Americans chosen convenience as the deciding factor in where they get their caffeine jolt? Not according to a recent Harris Poll that suggests consumers—particularly Millennials —may have become somewhat of [...]