Sites located in Kentucky and Tennessee. Travel Centers of America LLC has agreed to acquire 31 convenience stores with retail gasoline stations for $67 million, before closing costs and customary working capital adjustments. The seller is a private company, which operates these c-stores under its proprietary brand name “Minit Mart.” Twenty-eight of the c-stores are…
U.S. Retail Gasoline Average Drops as Crude Supply Builds
Brian L. Milne, Energy Editor, Schneider Electric The Energy Information Administration (EIA) said its U.S. gasoline price average for regular grade sold at retail outlets across the U.S. dropped 7.1 cents to its lowest point in two years, eight months at $3.194 gallon during the week-ended Nov. 11, with the average down 25.5 cents from…
Susser To Acquire Sac-N-Pac Convenience Stores
Transaction expands retail and wholesale fuel distribution reach in south central Texas. Susser Holdings Corp. (SUSS) and Susser Petroleum Partners LP (SUSP) have signed a definitive agreement to acquire substantially all of the convenience store assets and fuel distribution contracts of Sac-N-Pac Stores Inc. and 3W Warren Fuels Ltd. Sac-N-Pac owns and operates 47 convenience…
Kum & Go Expands Recycling at the Pump Program
Adds program to 42 Des Moines-area stores, and invites customers to celebrate America Recycles Day. Kum & Go announced that a total of 268-bottle-shaped recycling containers have been installed near fuel pumps at all 42 Kum & Go stores in Greater Des Moines as part of the “At the Pump Recycling” project. Kum & Go…
Jiffy Mart Recognized As Small Business Of The Year
The four-store chain’s philanthropic giving had already surpassed $20,000 for the year in August. Jiffy Mart, based in Westminster, Md., was named 2013 Small Business of the Year by the Carroll County Chamber of Commerce. The award was presented Nov. 7 at the 7th Annual Business Awards Program and marks the third year in a…
Nice N Easy Grocery Shoppes To Host Red Kettles
Ten stores partner with Salvation Army in Central New York. Ten Nice N Easy Grocery Shoppes throughout Central New York are partnering with the Salvation Army to host Red Kettles in their stores. “We are happy to partner with Nice N Easy Grocery Shoppes who will host Red Kettles in their store during the holiday…
InComm Unveils Mobile-Optimized Shopping Cart
Within one month of launching the solution, one brand saw mobile sales account for 10% of all gift cards sold. InComm, a prepaid product and transaction services company, has unveiled its mobile-optimized shopping cart for retailers. The solution enables consumers to purchase and send digital and physical gift cards using a mobile device—whether from within…
CITGO Introduces “Fuel Up & Get Down” Promotion
Milwaukee area CITGO locations offer free tickets to local music events. CITGO Marketers and Retailers in the Greater Milwaukee area are working with local music halls for the “Fuel Up & Get Down” promotion through April 30, 201 A total of 160 CITGO locations in the Greater Milwaukee area are offering customers the opportunity to…
Snack Sales On the Rise As Energy Sales Slow
As salty snacks raise the bar and carbonated soft drinks recover sales growth, the energy and beer categories are losing momentum, according to a recent Wells Fargo Securities report. The carbonated soft drinks (CSD) category (excluding energy drinks) has seen sales growth recover slightly following two months of flat growth, according to Nielsen data for…
Kum & Go And PEPSICO Expand Tulsa Recycling Program
Companies receive 2013 “Recycling Innovator!” Award. Kum & Go and PepsiCo announced that their recycling program, designed to encourage and facilitate on-the-go recycling, has expanded to all of Tulsa’s 47 Kum & Go locations. Since launching in January 2013, the recycling initiative has successfully diverted more than 6,000 pounds of recyclable materials from the landfill—an…