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

core-marks-ceo-to-retire01

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

kangaroo-express-celebrates-national-coffee-day01

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

checkstand

Vaporin Partners With C-Store Distributors

National distribution agreement through Checkstand Program brings Vaporin products to convenience stores. Vaporin Inc., a manufacturer, distributor and marketer of electronic cigarettes, vaporizers and e-liquids used for the delivery of nicotine, non-nicotine and cannabis-based products, announced an agreement with C-Store Distributors (C-Store) through their Checkstand Program for national distribution of the company’s electronic cigarettes, vaporizers

5-hour-energy-berry

5-hour ENERGY Sponsors Mexican Soccer Star

Living Essentials, the distributor of 5-hour ENERGY shots, announced the sponsorship of Mexican soccer star Oribe Peralta, marking the company’s first major advertising campaign focused exclusively on Hispanic consumers.  Peralta, striker for the Mexican National Team and MX Santos Laguna team, is a top scorer in the CONCACAF Champions League and was the 2013 CONCACAF

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

CustomerServiceLarge

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

waffle_taco

Taco Bell To Launch Breakfast Menu

The new Waffle Taco features a waffle wrapped around a sausage patty or bacon, with scrambled eggs and cheese, served with a side of syrup. As QSRs and convenience stores up the ante in the battle for breakfast customers, Taco Bell is not to be left behind. Taco Bell is launching a national breakfast menu

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

Mapco-Cross-Plains-3-crop

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.

stripes

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

Diet Coke FROST cups

Diet Coke FROST Debuts At 7-Eleven

First frozen product offering in Diet Coke’s history. Diet Coke is introducing a new product, Diet Coke FROST. A great tasting, low-calorie frozen carbonated beverage, this is the first frozen offering in the brand’s 31-year history. Diet Coke FROST has natural cherry flavor to deliver a refreshing uplift. Each 20-ounce serving has 30 calories and

LOGIC

Logic Takes No. 2 Spot

Logic released a report that shows it holds the No. 2 rank in the convenience store channel among e-cigarette brands. Logic’s unit share for total U.S. convenience stores is second to Lorillard blu, and followed by NJOY Inc., according to Nielsen data ended Feb. 15, 2014.   Logic also holds the No. 2 dollar share

fda-logo1

FDA Issues First Stop Orders On Tobacco Products

FDA bans four Bidis products from distribution. The U.S. Food and Drug Administration issued orders to stop the further sale and distribution of four tobacco products currently on the market. The action marks the first time the FDA has used its authority under the Family Smoking Prevention and Tobacco Control Act to order a manufacturer

Kangaroo squareWeb

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

css.php