Peter Tedeshi points out that while retailers can’t control all challenges facing the industry in 2013, there are many they can begin to influence. Peter Tedeschi, president and CEO, Tedeschi Food Shops Inc., CSD’s Convenience Store Chain of the Year, closed out the NACS State of the Industry (SOI) Summit on Thursday, April 11, with [...]
During a session at the NACS SOI Summit, experts advised retailers to have a road map leading to the technology of tomorrow, instead of just planning for today’s rewards program. At the NACS State of the Industry (SOI) Summit on Thursday, April 11, John Keenan, principal, Anthem Marketing Solutions and Patrick Raycroft, managing partner, W. [...]
Campaign to focus on original research, digital content—video, social media, customized Website. The National Retail Federation (NRF) has announced a new initiative to broaden and enhance perceptions of the industry beyond providing consumers with great products. NRF’s This is Retail: Careers, Community, Innovation campaign, will highlight the industry’s opportunities for life-long careers, how retailers strengthen [...]
Customers at NOCO Express buy paper shamrocks to support the Muscular Dystrophy Association. NOCO Express Stores, its customers and employees recently made March a very lucky month for the Muscular Dystrophy Association (MDA) by donating a record $20,265 in the annual “Share the Shamrock Spirit” in-store campaign. From Feb. 17 to March 17, customers could [...]
Tobacco group says largest federal cigarette and tobacco tax increase in history “will impact retailers, jobs and low-income Americans.” President Obama’s proposal to impose the largest increase in the federal cigarette tax in the history of the country to fund preschool programs is unfair and ironic, the National Association of Tobacco Outlets (NATO) said in [...]
The convenience store industry had record sales of $700.3 billion in 2012, with in-store sales increasing 2.2% to reach a record $199.3 billion and motor fuels sales increasing 2.9% to a record $501.0 billion, according to figures released yesterday by NACS. The industry’s 2012 numbers were announced at the NACS State of the Industry Summit, [...]
In this period of economic and demographic fluctuation, U.S. retailers are simultaneously stretching and shrinking their stores to promote convenience for shoppers and compete with online options, according to What’s in Store, the annual trends publication from International Dairy-Deli-Bakery Association. Grocery shoppers continue to weather the Great Recession and convenient shopping for the most vital [...]
At the groundbreaking of the Des Moines Social Club’s new home at a former firehouse in downtown Des Moines on Tuesday, Kyle J. and Sharon Krause presented the organization with a $350,000 gift on behalf of Kum & Go. Announced in December 2012, the gift will help to preserve and renovate the space, which is [...]
LOGIC Technology CEO Eli Alelov discuss the possible impact of government regulations on electronic cigarettes on Fox News. By John Lofstock, Editor Hailed by many as an emerging threat to the tobacco cigarette industry, electronic cigarettes have provided smokers with an alternative to traditional tobacco-based smoking. These battery-operated devices simulate the experience of traditional cigarette [...]
Fas Mart/Shore Stop Convenience Stores have introduced Fas APP, the company’s first smartphone application, which debuted this month across more than 200 locations primarily in Virginia, Connecticut, Maryland and Delaware. Fas APP, dveloped by VERGE Connect, integrates with the retailer’s new Fas CASHBACK secure payment card, which lets customers customize the types of food, beverage [...]
Kum & Go District Supervisor Blaine Corlette has been awarded the Employer Support of the Guard and Reserve (ESGR) Patriot Award for recognition of his support of a fellow Kum & Go associate serving in the Army National Guard. “Blaine’s dedication echoes our company-wide commitment to men and women in uniform,” said , Kum & [...]
VP Racing Fuels Inc. announced the newest addition to its roster of retail brand partners — Mielke Oil Co. Based in Little Falls, Minn., Mielke has distributed VP’s race fuels and other performance products for two years and sees much opportunity in VP’s brand program. “VP enjoys a great reputation for quality products in the [...]
Commonwealth-Altadis Inc. has appointed Al Dejewski senior vice president for consumer marketing, and Eric Workman, senior vice president for strategic operations. Both report directly to Kevin Freudenthal, president & CEO of the tobacco company. “We are quite pleased to have Al join the team,” Freudenthal said. “He brings not only the strategically creative vision of [...]
7-Eleven grows its footprint in the Carolinas. 7-Eleven Inc. has closed on the acquisition of 46 locations from CB Mart Inc. The acquisition increases 7-Eleven’s store count in the Carolinas to more than 100 and follows the acquisition of 55 Sam’s Mart and 13 Fast Track stores that closed in 2012. Terms of the deal [...]
Agree Realty Corp. has closed on the acquisition of a parcel of land located at the southwest quadrant of 34th Street and 38th Avenue in St. Petersburg, Fla. for the development of a Wawa convenience store with fuel. The project is pre-leased under a long-term ground lease agreement and is expected to be completed during [...]