Company has now leased 415 properties in 2012. Getty Realty Corp. has signed two long-term triple-net leases for 109 properties representing $9.1 million in annual triple–net GAAP revenue. The first lease is with a subsidiary of Global Partners LP. It comprises 84 properties located throughout the New York metropolitan area, including New York City and [...]
Retailers and distributors that might have counterfeit products can check lot numbers to identify counterfeit products. Living Essentials LLC, distributor of 5-hour Energy, recently discovered counterfeit 5-hour Energy products circulating in the marketplace. Living Essentials LLC, acted swiftly to identify and halt the counterfeiting operation and filed suits in U.S. Federal District courts in both [...]
Israel and Palestinians in the Gaza Strip may not be oil producers, but the conflict between the two groups has elevated the geopolitical risk premium for the oil-rich Middle East region over concerns of supply disruptions should hostilities spill out to other countries. Israel launched air strikes against Hamas targets in Gaza in mid-November following [...]
Through its partnership with Purdue University, the Indiana chain is giving college football an opportunity to win free gas for a year. Valparaiso, Ind.-based Family Express earlier this year entered a multi-year sports marketing agreement with Purdue University Athletics and its multimedia rights holder, Purdue Sports Properties. As the college football season winds down, [...]
New store features more square footage focused on fresh food, expanded product options and sustainability. Kum & Go L.C. has opened a new Kum & Go store in Ankeny, Iowa at 3603 NE Otterview Circle. This newly constructed store, the company’s fifth in Ankeny, expands Kum & Go’s presence in the Des Moines metropolitan market [...]
NJOY Kings to be available at all Sheetz stores November 2012. Sheetz Inc. has entered into a distribution partnership with e-cigarette company NJOY. Beginning mid-November 2012, the partnership includes chain-wide distribution of NJOY’s newest electronic cigarette, the NJOY Kings, throughout the more than 430 Sheetz retail locations. “At Sheetz, there is a clear focus on [...]
Volunteer work benefits Catholic Charities of Louisville and Henryville tornado victims. As part of its ongoing community giving program, Thorntons employees participated in the company’s annual volunteer Humanitarian Day on Sunday, Nov. 11. This year’s focus was two-fold on behalf of both downtown Louisville’s Portland neighborhood and the tornado victims of Henryville, Ind. In conjunction [...]
7-Eleven Holiday Cup drawn by Will Ferrell’s son raises awareness about comedian’s favorite charity. Like father, like son. Two years after actor Will Ferrell finger-painted a snowman for 7-Eleven Inc.’s holiday coffee cup, his son five-year-old Mattias has taken over the cup-design duties, with a little help from dad. Like his father, Mattias also drew [...]
When times are tough, customers substitute bigger purchases for more inexpensive, feel-good items. By Jim Callahan. According to economists the lipstick theory works like this. You’re in the store, checking out some new gear. Then you check your finances and think, “No, better not.” You buy a new lipstick instead. The theory is that if [...]
With a new store design, a dazzling foodservice program and outstanding customer service, the Massachusetts retailer is CSD’s 2012 Convenience Store Chain of the Year. By John Lofstock, Editor. Few companies can match the rich tradition and deep roots Tedeschi Food Shops has planted in the convenience store industry. In business since 1923, the company’s [...]
Expert on customer service and competitive strategy set for opening session. Joe Calloway, a performance coach and advisor who helps great companies improve, will be the keynote speaker at the Opening Super Session of the 2013 AWMA Show to be held March 6-8, 2013 in the Peabody Hotel, Orlando, Fla. He will speak Thursday, March [...]
Santa Fe Natural Tobacco And TerraCycle team to help the environment. Santa Fe Natural Tobacco Co. has teamed up with TerraCycle, a world leader in developing solutions for hard-to-recycle materials, to do something about cigarette butt litter. According to Keep America Beautiful (KAB), 65% of all cigarette butts are disposed of improperly. But thanks to [...]
In-store program encourages customer donations. Sheetz Inc. has sent refrigerated trucks to assist the American Red Cross in distributing food to the victims of Hurricane Sandy. In an effort to help those devastated by the storm, the convenience restaurant chain will also collect monetary donations for the American Red Cross, starting Friday, Nov. 16, through [...]
Company blames striking employees for bankruptcy, while unions point to company mismanagement. Hostess Brands, the bankrupt producer of Twinkies and Wonder Bread, is seeking permission from the court to go out of business after failing to get wage and benefit cuts from thousands of its striking bakery workers, the Chicago Tribune reported. A strike that [...]
Thanks to the economy and skyrocketing costs, convenience stores are paying more in taxes while, at the same time, costs for everyone are going up. Knowing what tax breaks are available can boost your bottom line. By Mark Battersby, Contributing Editor. Will this be the last year of the Bush-era tax cuts? A number of [...]