acquisition

Empire Petroleum Acquires Georgia Oil

Deal marks second acquisition since January for Empire. Empire Petroleum Partners LLC (Empire) has successfully acquired 59 dealer supply agreements and certain real estate and leasehold assets from Georgia Oil Holdings. The acquisition further solidifies Empire’s presence in the Southeastern United States and in the Atlanta market in particular. Additionally, the transaction expands Empire’s existing

acquisition

Wells Fargo Weighs In On Potential Reynolds American Acquisition of Lorillard

Wells Fargo Securities notes a merger may be more likely. Reynolds American Inc. (RAI) is rumored to be making a bid for Lorillard (LO), according to a report by the Financial Times, which noted RAI was allegedly making a bid for $60 a share. Wells Fargo Securities weighed in on the potential acquisition. “Though we

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Core-Mark Announces Record Annual Sales of $9.7 Billion

Fourth quarter non-cigarette sales growth over 18%. 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, announced financial results for the fourth quarter and year ended Dec. 31, 2013.  “We had a very good year in 2013. Our core strategies are

acquisition

Agio Cigars and Drew Estate Partner

“We both have the ambition to expand in the U.S. market and the Royal Agio portfolio compliments the Drew Estate brand portfolio perfectly,” says CEO of Royal Agio Cigars. Royal Agio Cigars and Drew Estate Tobacco Co. are pleased to announce exclusive distribution agreement effective April 1, 2014. Drew Estate will market, sell and distribute

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The Pantry Responds To Dissident Group Assertions

The company says that erroneous information was published by Glass Lewis and Dissident Group. The Pantry Inc. has responded to a report issued by Glass, Lewis & Co. LLC (“Glass Lewis”) on Feb. 27, 2014 in connection with the company’s 2014 Annual Meeting of Stockholders on March 13, 2014, as well as to a press

speedway

Speedway Donates Over $60 Million To Children’s Miracle Network

Fundraising for the Charity totaled $7.6 Million in 2013. Through generous donations from its customers, vendors and employees, Speedway LLC (Speedway) contributed $7,663,759 to Children’s Miracle Network Hospitals in 2013, boosting the company’s total fundraising to more than $60 million since 1991. Donations in 2013 were up 18% over the previous year and benefitted 20

ecig

Bill Aims to “Protect Children” From E-Cigarettes

Those in favor of the bill call e-cigarettes a ‘gateway’ to smoking cigarettes. Senate Democrats introduced legislation this week that aims to ban marketing electronic cigarettes to teens, the Washington Free Beacon reported. The “Protecting Children from Electronic Cigarette Advertising Act” would authorize the Federal Trade Commission (FTC) to “determine what constitutes marketing e-cigarettes to

DUCHESS

Duchess Shoppes To Partner With Red Cross In March

“Everyday Heroes” invites customer contributions. Englefield Oil Co.’s Duchess Shoppes, a full-service convenience store chain, is inviting customers to honor Everyday Heroes with a donation to the American Red Cross this March. Beginning Saturday, March 1, customers will be able to purchase a Red Cross icon for $1 at any of the chain’s 123 stores

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U.S. Companies Miss The Mark On Needs Of Aging Customers

Some 25% of survey respondents can’t find products geared towards their special nutritional needs, Nielsen report finds. Nielsen’s latest study, which looks at the aging consumer, found that companies completely miss the mark when it comes to engaging and catering to the needs of aging consumers. This disconnect could mean the loss of a huge

acquisition

Greencore Group Acquires Lettieri’s

“Both the Lettieri’s acquisition and the capital investment into Jacksonville deepen our manufacturing capability,” says Greencore CEO. Greencore Group plc has acquired Lettieri’s LLC. Lettieri’s is a manufacturer of food to go products for the U.S. convenience store channel. It operates from a modern, purpose-built facility in Shakopee, Minn. and employs approximately 130 staff members.

incomm

Rezzcard And InComm Partnership Allows Rent Pay At Retail

Cashtie API enables property management companies to offer cash payment option to tenants. InComm, a prepaid product and transaction services company, announced that Rezzcard, a New Jersey-based rent payments and mobile communications company focused on serving the needs of tenants and families in affordable housing communities, is integrating Cashtie into their payment system. The Cashtie

sheetz

Wawa And Sheetz Support Commissioning of USS Somerset

Free box lunches will feature popular items from each company’s menu. Wawa Inc. and Sheetz, two of country’s finest convenience store retailers, are teaming up to provide more than 5,000 lunches to attendees at the Commissioning Ceremony of the USS Somerset in Philadelphia on March 1. “This is an enormous enterprise that would not be

phillips66

Online Calculator Shows Instant Fountain Savings

Convenience Store Alliance now offers complete fountain package to help independent retailers save money. Phillips 66’s branded retailer buying program, Convenience Store Alliance (CSA), released an online calculator that shows savings potential on CSA’s Fountain Freedom program, a package offering independent operators chain store pricing on soda fountain syrup, carbonation solutions, equipment and financing. While

Moneystacks

Quik-E Foods Partners With March Networks

March Networks Solution helps Quik-E Foods reduce shrink. Quik-E Foods of Lynchburg, Va. is upgrading to March Networks’ next-generation retail solution for enhanced security and loss prevention. March Networks is a global provider of intelligent IP video solutions. The March Networks solution integrates high-quality video, audio and transaction data to combat point-of-sale (POS) fraud and

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Delek US Holdings Reports Financial Results

Ten new large-format stores were opened during 2013, including four during the fourth quarter.   Delek US Holdings Inc., a diversified energy company with assets in the petroleum refining, logistics and retail industries, announced financial results for the fourth quarter and full-year 2013. For the three months ended Dec. 31, 2013, Delek US reported a

cigarette

States Consider Tobacco Age Increases

Utah and Colorado join the list of states seeking to up the smoking age to 21. Utah and Colorado, both of which have some of the nation’s lowest smoking rates, are considering proposals that would raise the tobacco age to 21 in their states, ABC News reported. Both states voted in favor of the proposals

parkers

Parker’s Presents $2,000 Check to Bryan County Schools

Fueling the Community Program assists local schools. Parker’s recently presented a $2,000 Fueling the Community check to Bryan County Schools in Richmond Hill, Ga. The unrestricted donation, which is part of a larger unrestricted charitable contribution to area schools in Georgia and South Carolina, was officially presented at Richmond Hill Elementary School on Feb. 24.

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Susser Reports Financial Results

“We are pleased to report solid results for Susser Petroleum Partners for the fourth quarter and full year 2013, our first full year as a publicly traded partnership,” says president and CEO.  Susser Petroleum Partners (SUSP), a wholesale distributor of motor fuels, reported financial and operating results for the fourth quarter and full year ended

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Concerned Pantry Shareholders Delivers Open Letter to Shareholders

Highlights prolonged underperformance, negative total shareholder return and poor capital allocation. Concerned Pantry Shareholders (CPS), a group led by JCP Investment Management, LLC and Lone Star Value Management LLC, together a significant shareholder of The Pantry Inc. announced that it has sent a letter to the shareholders of The Pantry.  The letter highlights the prolonged

gasnozzle

Pic-n-Pac Selects PriceAdvantage SMART

Fuel price management solution to help Pic-n-Pac become more efficient. PriceAdvantage, a division of Skyline Products, announced that Pic-n-Pac Convenience Stores has licensed PriceAdvantage SMART Fuel Pricing, a fuel price management solution, for its 15 stores in Texas. Pic-n-Pac will use PriceAdvantage on a subscription basis for a fully integrated fuel price management offering. “Pic-n-Pac

VP-Fuels

VP Racing Fuels Signs as Official Fuel for TORC

Competitors to be powered by VP Racing Fuels. TORC (The Off-Road Championship), the nation’s premiere short-course, off-road racing series, has announced that VP Racing Fuels will be its Official Fuel for the 2014 season. All TORC competitors will be powered by the company’s high-performance racing fuels beginning with the April 5-6 ‘Duel in the Desert’

nationalcoalitionseveneleven

NCASEF Announces 39th Annual Convention

Conference set in Orlando, July 12-16. Online registration for franchisees, exhibitors and sponsors is now open for the National Coalition of Associations of 7-Eleven Franchisees’ (NCASEF) 39th Annual Convention and Trade Show, scheduled for July 12–16, 2014 in Orlando at the world-famous Walt Disney World Dolphin Hotel. The theme of this year’s convention, “Celebrating Franchisees,”

NRC

Eighteen Gas Stations For Lease In New Jersey

NRC Realty and Capital Advisors has announced the sale of 18 gas station leases, in a bid sale directed by the Superior Court of New Jersey. The leases for the 18 gas stations are available now in Northern New Jersey, and most of the properties have with kiosks and service bays. All are being sold

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Sheetz Continues North Carolina Expansion

Debuts new c-store in Elkin. Sheetz Convenience Restaurants has opened a new location in Elkin, Surry County, N.C. at 401 CC Camp Road. The store opened in January, brining the total of Sheetz stores in the state to 60,  a milestone that is expected to quickly advance later in 2014. “We are committed to opening

EARTHMARKET

Atlas Oil Transitions Earth Market Operations To Dealers

Atlas continues to maintain ownership of the c-store brand it debuted a year ago. Atlas Oil announced that it has transitioned operations of its Earth Market convenience stores to dealers at the end of January. The Earth Market c-store chain debuted less than a year ago—on Earth Day, April 22, 2013, and expanded to include

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