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Couche-Tard Acquiring 55 Stores From Tri Star Marketing

Sites located in Illinois and Indiana. Alimentation Couche-Tard Inc.’s Mac’s Convenience Stores LLC is acquiring 55 stores and related assets from Tri Star Marketing Inc. and affiliates, of which 51 stores are located in the state of Illinois and four stores are located in the state of Indiana. These stores are currently operating under the

RaceTrac Store today6k

RaceTrac Reaches $1 Million Donation Milestone

Supports The Michael J. Fox Foundation for Parkinson’s Research. RaceTrac, CSD’s 2014 Chain of the Year, announced that its cumulative giving to The Michael J. Fox Foundation for Parkinson’s Research has exceeded $1 million. This milestone is due in large part to the continued efforts of their team members who have executed various initiatives over

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The Pantry Announces Third Quarter Fiscal 2014 Results

Comparable store merchandise revenue increased 2.3%. The Pantry Inc. announced financial results for its fiscal third quarter ended June 26, 2014. Third Quarter Summary: Net income was $14.0 million or $0.61 per diluted share. This compares to net income of $5.9 million or $0.26 per diluted share in last year’s third quarter. Excluding the impact

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Franchisees Suing 7-Eleven

Franchisee group claims racial discrimination, among other allegations. On July 11 as 7-Eleven celebrated its birthday, the Franchise Owners Association of Greater Los Angeles (FOAGLA) filed a lawsuit against 7-Eleven, alleging racism, ageism, invasion of privacy and illegal surveillance and mistreatment. The lawsuit represents 1,200 franchisees in the area, the majority of whom are South

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Core-Mark Announces Strategic Geographical Expansion Into Ohio

Core-Mark Holding Co. Inc. announced it will be opening a new distribution center in Glenwillow, Ohio. “As we expand our customer base in the Midwest region, it is important we have an effective distribution network to service these customers economically and efficiently,” said Thomas Perkins, Core-Mark CEO. “We look forward to the benefits of having

Reynolds

RAI’s Q2 Results Beat Expectations

Wells Fargo weighs in on RAI’s share growth. Reynolds American Inc.’s (RAI) second quarter Q2 adjusted earnings per share were $0.89 (+6% Y/Y), above analyst $0.87 estimates. “RAI’s results were driven by retail share growth across all growth brands-Camel, Pall Mall, Grizzly and Santa Fe. Cigarette industry shipment volume was down -4.4% adjusted. RJ Reynolds

Moneystacks

Parents To Increase Back-to-School Spending This Year

Most plan to shop in a physical store, Accenture survey finds. A majority of parents plan to spend more on their children’s back-to-school shopping this year, driven by rising costs or necessity rather than greater spending power, according to a survey released today by Accenture. The Accenture Back-to-School Shopping Survey, which polled U.S. parents of

RaceTrac Store today6k

RaceTrac Petroleum Inc. Named Convenience Store Decisions’ 2014 Convenience Store Chain of the Year

Outstanding retail programs, a people-focused culture, a connection with its guests, an elegant new store design and a growing presence in the foodservice business earn RaceTrac Petroleum Chain of the Year honors for 2014 Exceptional leadership, great stores and unsurpassed customer service are the hallmarks of the convenience store industry’s extraordinary chains. Following these guiding

dollartree

Dollar Tree Inc. Acquiring Family Dollar Stores

With acquisition, Dollar Tree will operate more than 13,000 stores across 48 states and five Canadian provinces, with annual sales exceeding $18 billion. Dollar Tree Inc., an operator of discount variety stores selling everything for $1 or less, and Family Dollar Stores Inc. a national discount retailer offering name brands and quality, private brand merchandise,

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Early Season Pop in US Gasoline Demand Fades

By Brian Milne, energy editor for Schneider Electric. In the futures market for U.S. oil products, the gasoline contract has taken a backseat to Ultra-low Sulfur Diesel futures, with the ULSD contract used in hedging winter fuels, among other benchmarking uses. The transition away from interest in gasoline during its peak consumption season comes as

Valerologo

Valero Chooses Acumera To Offer Enhanced Operational Visibility

Valero’s distributors and dealers gain access to valuable data and support with Acumera’s C-Store Connections Package, Fuel Connections Service. Valero has selected Acumera to provide wholesale customers with a suite of services to improve operational visibility and fuel inventory management. According to Acumera CEO Dirk Heinen, Valero will offer branded distributors and dealers the following

Bill Bishop

Parker’s Names Bill Bishop Vice President of Real Estate and Development

“Bill’s goal is to find the best sites, negotiate the deals, handle the permitting processes and negotiate our construction contracts,” says Parker’s CEO. Parker’s has named Bill Bishop vice president of real estate and development, a new position for the growing company. He will work with President and CEO Greg Parker on the company’s strategic

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VERC Enterprises Opens Newly Renovated Store

Customers will find a much larger Dunkin’ Donuts, newly-renovated restrooms and a more spacious look and feel to the store. VERC Enterprises, a convenience store and Gulf gasoline operator with locations throughout Massachusetts, has completed extensive renovations of its Kingston location, which has now re-opened for business. “We believe people will really like our new

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American Gas And Oil Expands CITGO Brand In Western Michigan

Local CITGO marketer hosts grand opening events to celebrate new stations. Local CITGO Marketer American Gas and Oil (AGO) and CITGO Petroleum Corp. are converting 19 locally-owned gas stations across western Michigan to the CITGO brand. The conversion expands the company’s network of CITGO locations to 27, with the newly branded stations featuring fresh service

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Wells Fargo Weighs In On E-Cig Outlook

Altria takes number three spot, driven by MarkTen rollout. E-cig dollar sales declined (-12.9% in the period ending July 5, 2014), driven by net pricing decline of 13.4% and unit growth of 0.5%. Wells Fargo Securities LLC reported it is optimistic that national rollouts of MarkTen and Vuse could re-ignite category growth. Average equal price

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Chevron’s Hosick Named Network Executive of Women’s Board Chair

“Her keen dedication to our mission to recruit, retain and advance women in the consumer products and retail industry is unsurpassed,” says CEO of NEW. Elizabeth “Betsy” Hosick has been promoted from vice chair to board chair of the Network of Executive Women (NEW). Hosick, who has previously served as the NEW’s secretary and treasurer,

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Stripes Revamps Website

New site focuses on food offerings, with a big emphasis on design. By Erin Rigik, Senior Editor Stripes Stores has launched a new company Website, complete with colorful graphics and detailed information about its food and beverage offerings. The site debuted on July 22. New features include photos and information about Stripes Stores’ proprietary products,

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Technomic Study Shows Generational Preferences In Food

Gen Zers and Millennials tend to be more optimistic about and reliant on foodservice. Generation Z, Millennials, Generation X and Baby Boomers total about 74% of the U.S. population—and make up the bulk of today’s foodservice consumers. Technomic recently examined the needs and behaviors of each generation—including its very first look at Generation Z—to uncover

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Judge Bars FDA From Using TPSAC Menthol Report

Requires appointment of new TPSAC members. Federal District Court Judge Richard Leon has issued a decision requiring the Food and Drug Administration (FDA) to appoint new members to the Tobacco Product Scientific Advisory Committee (TPSAC) and prohibiting the agency from using the report prepared by the TPSAC on the impact of the use of menthol

Smokio

AATAC Partners With Smokio

New partnership supports company expansion in U.S. after significant success in Europe. Smokio, the world’s first connected electronic cigarette that synchronizes automatically with users’ smartphones, has partnered with Asian American Trade Association Council (AATAC), an organization designed to build partnerships between convenience stores and manufacturers. “We are very proud to partner with AATAC to be

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The Hub Set To Open First Location This Fall

New convenience store to put heavy focus on food, aims to grow in North Dakota. By Erin Rigik, Senior Editor. The Hub Convenience Stores, is set to open its first location—a travel center—this October in Dickinson, N.D. The Hub’s model combines a flexible format—including a travel center, truck stop and c-store prototype that can be

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More Details On Ricker Oil inOvationTV Media Expansion

Site-specific ads on inOvationTV media platform promote Ricker Pop. The inOvationTV media program, a forecourt media platform offered jointly by Wayne Fueling Systems, a global provider of fueling dispensing, payment, automation, and control technologies for retail and commercial fuel stations, and Gas Station TV (GSTV), America’s No. 1 video network at the pump, continues its

NPDGroup

U.S. Restaurant Traffic Remains In The Doldrums

Spending conscious low- and middle-income consumers keep visits from growing. U.S. consumers made some 61 billion visits to restaurants in the year ending May 2014. No question that’s a lot of visits, the issue is that they have been making that same amount of visits for quite a while now and it’s still below the

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Heineken Debuts “Best Tasting Light Beer” Campaign

Campaign features Neil Patrick Harris. Heineken Light, the “Best Tasting Low Calorie Lager” winner at the 2013 World Beer Championships, is launching its “Best Tasting Light” campaign featuring three-time Emmy award winner and Tony award winner and host, Neil Patrick Harris. Heineken will partner with Harris to introduce consumers to the reformulated Heineken Light and

energy

Wells Fargo Weighs In On Beverage Outlook

Energy category seeing soft growth but Wells Fargo predicts numbers will rebound. Carbonated soft drink sales (excluding energy) were soft in the U.S. c-store channel— up only +0.2% (+0.4% for prior 12-weeks) during the four-week period ended July 5, 2014, driven by average equal price growth of +3.8%, offset by equal unit volume declines of

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