7-Eleven Rebrands Speedy Stops Acquisition

7-Eleven has rebranded its Speedy Stops acquisition, and is open for business in Rio Grande Valley, the Monitor Online reported. On Dec. 31 2012, 7-Eleven acquired 143 Speedy Stops and Tiger Mart retail locations from Victoria-based C.L. Thomas Inc. In addition to rebranding the locations under the 7-Eleven banner, “Angelina’s Tacos Caseros” has replaced Tacos

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Navigating Your Lighting Upgrade

As technology improves, more businesses are making the switch to cost-effective LED fixtures. By Erin Rigik, Associate Editor. In these days of tight margins and intense retail competition, convenience store owners are doing everything they can to boost revenues and reduce operating costs. Something as simple as investing in upgraded lighting can significantly reduce monthly

7-Eleven $19.5 Million Portfolio For Sale In Michigan

Eight of the 11 sites have 15-year leases. The Issenberg-Britti Group of Marcus & Millichap Real Estate Investment Services, has been appointed as the exclusive advisor for the sale of 11  7-Eleven Corporate Gas Station Ground Leases located throughout the state of Michigan. The ground leases are all held by and guaranteed by 7-Eleven Inc.

Survey Shows Prospective Business Buyers, Sellers Confident

BizBuySell.com survey finds that improved optimism among business buyers is creating a vibrant business succession market for both buyers and sellers. BizBuySell.com, the Internet’s largest business-for-sale marketplace, announced the results of its August 2013 survey of business buyers and sellers. BizBuySell.com’s nationwide survey, designed to better understand the current wants, needs and sentiments of buyers

Cumberland Farms Announces Believe And Achieve 2014

Convenience store retailer to help hundreds of young adults attend college for eighth consecutive year. Cumberland Farms announced that for the eighth consecutive year, applications are now being accepted from bright and ambitious high school seniors across its 11-state service area for the company’s popular Believe and Achieve Scholarship Program.  Since Cumberland Farms began the

Corner Store Campaign To Benefit Children’s Hospitals

Month-long promotion to help fund medical care, research and education. Today through Oct. 31, Corner Store employees will ask customers to purchase $1 or $5 Miracle Balloon icons to raise funds for 32 Children’s Miracle Network Hospitals. The icons include a coupon for savings on goods in the stores, providing customers an extra incentive to

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PAPCO Expands in the Mid-Atlantic

An acquisition of the Tidewater retail assets of SMO Inc. boosts PAPCO’s store count in southeastern Virginia. By Erin Rigik, Associate Editor. It’s been a busy fall for petroleum marketer PAPCO Inc., which acquired the Tidewater, Va. retail assets of SMO Inc., a wholly-owned subsidiary of The Wills Group in August, and remains poised for

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Sheetz Moves Into New Era With Leadership Changes

Joe Sheetz steps into president and CEO role, as Stan Sheetz becomes chairman of the board. Joe Sheetz, executive vice president of finance and store development, formally advanced into the position of president and CEO for Sheetz Inc., beginning Oct. 1, 2013. Current Chief Executive Stan Sheetz left the presidency after 18 successful years and

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Exxon Extends Benefits to Same-Sex Spouses

As of July 2013, 88% of Fortune 500 companies included orientation in their nondiscrimination policies. Exxon Mobil Corp. is extending benefits to same-sex spouses of U.S. employees, following the June ruling by the U.S. Supreme Court that struck down the federal Defense of Marriage Act, which led to changes by the Internal Revenue Service and

Valero Launches Sweepstakes

Grand prize is a chance to win up to five years of free gas at the Valero Alamo Bowl. Customers at Valero-branded stores in the U.S. will have the opportunity to win prizes, including a trip for two with VIP access to the 2013 Valero Alamo Bowl in San Antonio, as part of a sweepstakes

Rocky Top Acquisition Details

CSD speaks with Steve Kirkham, owner of Rocky Top Markets about the recent acquisition. Lehigh Gas Partners LP completed the acquisition of Rocky Top Markets LLC and Rocky Top Properties LLC in Knoxville, Tenn. last week for $36.9 million. Lehigh Gas Partners paid $10.6 million at closing for the purchase of one fee property site,

Team Oil Participates In Bike Giveaway

Kids of all ages have the chance to win a new bike. Team Oil Travel Center has announced that its Spring Valley, Wis. Dam Days Bike give away was a big success. With the no admission, no charge and no fee event, kids of all ages had the opportunity to participate.  “Team Oil has participated

TravelCenters of America Introduces DIRECTV with NFL Sunday Ticket

TA and Petro Stopping Centers now offer drivers the chance to watch NFL games. TravelCenters of America LLC (TravelCenters), operator of the TA and Petro Stopping Centers travel center brands, has expanded its full-service offering to professional drivers with the addition of DIRECTV service at nearly 200 TA and Petro locations. With DIRECTV, drivers can

Lehigh Gas Partners Finalizes Rocky Top Markets Acquisition

Rocky Top Owner is “confident that the Rocky Top brand will grow and prosper under Lehigh’s capable leadership.” Eight weeks after announcing that it entered into an asset purchase agreement with Rocky Top Markets LLC and Rocky Top Properties LLC, Lehigh Gas Partners LP  has completed all outstanding operational and regulatory hurdles, and has officially

New Petro Stopping Center Opens in California

The addition of a Popeye’s Louisiana Kitchen restaurant is scheduled for the new location. TravelCenters of America LLC (TravelCenters), operator of the TA and Petro Stopping Centers travel center brands, has unveiled its newest Petro location at I-10, Exit 57 (4325 E. Guasti Rd.) in Ontario, Calif. This location was previously a TA travel center.

Fastrac

Fastrac Customers Save $5 Million

New members in Fastrac’s loyalty program get double discounts for 60 days. Fastrac, a local upstate New York convenience store chain, announced today that its customers have saved more than $5 million dollars in fuel discounts. Motivated by the promise of savings at the pump, Fastrac customers have racked up over $5 million in discounts

Stripes’ March of Dimes Campaign Aims To Break $3 Million Mark

Partnership with March of Dimes has huge impact on moms and babies. Beginning Sept. 30, Stripes Convenience Stores will kick off its sixth annual March of Dimes cut-out campaign, encouraging its customers to make a small donation that will have a big impact. By donating at least $1 for a March of Dimes paper cut-out

Cumberland Gulf Group’s Petrowski Steps Down

Lily Bentas to serve as interim CEO. The Cumberland Gulf Group announced that, effective Oct. 1, Joe Petrowski will be stepping down as CEO of the Cumberland Gulf Group and moving to a new role as a strategic advisor to management and the Board of Directors. As Petrowski steps down as CEO, Lily Bentas, chairman

Rogers Petroleum Sells 17 Stores To Lehigh Gas

The outcome of the sale “exceeded our expectations,” says chairman of Rogers Petroleum Inc. Matrix Capital Markets Group announced the sale of Rogers Petroleum Inc.’s 17 company-operated convenience stores to Lehigh Gas Partners LP and Lehigh Gas – Ohio LLC.  All of Rogers’ stores are located in the Tri-Cities region of eastern Tennessee and southwestern

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Seasonal Hiring Survey Predicts More Jobs Than Last Year

Increased hiring driven by strong sales forecast. It’s shaping up to be a happy holiday for job seekers looking for a seasonal job, according to the sixth-annual survey commissioned by Snagajob, America’s largest hourly employment marketplace for job seekers and employers. The 2013 forecast indicates that more seasonal jobs should be available this year than

Swipe Fee Rules Remain Pending Appeal

Merchants can breathe a sigh of relief as the ruling means fees won’t skyrocket. The U.S. Federal Reserve’s rules for debit-card swipe fees are set to stay the same while the Fed appeals U.S. District Judge Richard Leon’s July 31 ruling that the Fed didn’t have the authority to set a 21-cent cap on debit-card

Kangaroo Express “Salute Our Troops” Campaign Raises Nearly $2.7 Million

Donations from Kangaroo Express store guests will benefit the USO, Fisher House Foundation and other military support organizations. The Pantry Inc. announced its third annual summer-long Kangaroo Express “Salute Our Troops” fundraising campaign has raised nearly $2.7 million, bringing the total to $8.4 million raised over the past three summers. From Independence Day through Labor

Kum & Go Donates $15,000 to American Red Cross

Helps communities affected by Colorado flooding. Kum & Go is joining forces with the American Red Cross to support ongoing disaster relief efforts in Colorado. The convenience retailer is making a $15,000 donation to help people and communities affected by the recent floods. In addition to the donation, Kum & Go is working hard to

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Recovering from Hurricane Sandy

7-Eleven franchisee Tom El-Dalati lost his flagship store in last year’s superstorm. One year later the struggle to rebuild his business continues . By Dave Hochman, Contributing Editor. Nearly one year ago, Hurricane Sandy slammed into the Northeast and Mid-Atlantic states leaving a stream of destruction and chaos for homes and businesses. Extreme winds, devastating

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Enmark Celebrates 50 Years

With a strong commitment to foodservice and customer service, the Savannah, Ga. convenience store chain is preparing to debut its larger-format prototype locations. By Erin Rigik, Associate Editor. Enmark Stations Inc. is celebrating its 50th anniversary this year, and preparing its business for the next 50, with new larger format stores, remodeled retail graphics and

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