Successfully managing a retail fuel operation in today’s fickle market can be daunting since price volatility can undermine predictability in purchasing, pricing and sales. Because handling a high-volume, low-margin product like fuel is so complicated, many convenience store operators are turning to technology for assistance. One of the best ways to maximize fuel profits is
Alternative Fuel Distributors, of Wilmington, Del., said that it plans to construct and operate 1,000 convenience stores on the East Coast that will strictly provide E-85 and other alternative automotive fuels. The company plans to have the stores up and running within the next three years, with the first 100 stores opening by the first
With the onset of spring, retailers can count on a segment of their "consumers" filling up and driving off without paying. Increased gas prices haven’t helped the situation, but it is improving. Typically, convenience stores can experience a few gasoline thefts a week. But when prices increase, some stores see several gas thefts a day.