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Details On 7-Eleven’s Return To Jacksonville

Some 80 stores are schedule to be built by 2015. As previously reported, 7-Eleven Inc. is re-entering the Jacksonville market after a 20-plus year hiatus in north Florida. President and CEO Joe De Pinto made the announcement at a March 21 event attended by Florida Gov. Rick Scott and Jacksonville Mayor Alvin Brown. Held at

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Getty Realty Corp. Extends Maturity of Credit Facility And Term Loan

“The extension provides Getty with financial flexibility as it begins to execute on its strategy of re-positioning the Getty Marketing assets to stabilize cash flow,” says Getty spokesperson. Getty Realty Corp. has announced that on March 9, 2012 it amended both its $175 million revolving credit facility with J.P. Morgan Chase Bank, N.A., as Administrative

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Breaking News: Carroll Independent Fuel Co. Acquires High’s of Baltimore

“The acquisition by Carroll will ensure the continuance of a well-recognized brand and the accelerated growth of the High’s name within our market area,” says High’s spokesperson.   High’s of Baltimore Inc. has divested its High’s Dairy Stores to The Carroll Independent Fuel Co. Hanover, Md.-based High’s directly operates 46 retail convenience stores and gas

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The Pantry Names Dennis Hatchell President and CEO

“My initial focus will be to work with the Board and the management team to refine our strategic vision,” says Hatchell. The Pantry Inc. has announced that Dennis Hatchell will become President and CEO of the company, effective March 5, 2012. Hatchell previously served as vice chairman of Alex Lee Inc. headquartered in Hickory, N.C.,

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Grocery Stores Utilize Cloud Hosting Platform

Using store specific characteristics and actual/planned volume, retailers can produce budgets, forecasts etc., that are not impacted by inflation trends or legacy metrics. Three grocery retailers have recently selected Logile’s enterprise labor planning and execution management solutions. Two are utilizing Logile’s SaaS cloud hosting platform. The new Logile customers include two regional supermarket chains with

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Coinstar Inc. Provides Q2 Results

Coinstar Inc. says goodbye to one of its executive leaders as it releases its second quarter results for fiscal 2011. Coinstar Inc., a provider in automated retail, has announced a leadership transition for the company’s redbox business, a wholly-owned subsidiary of Coinstar. Mitch Lowe has resigned as president of redbox to pursue entrepreneurial and other

7-Eleven Confirms End of Discussions With Casey’s

7-Eleven Inc. has confirmed that discussions with Casey’s General Stores Inc. regarding a potential transaction have terminated. 7-Eleven made a preliminary proposal of $40 per common share for a consensual transaction on Sept. 2, 2010. After completing additional due diligence, 7-Eleven raised its offer to $43 per common share. 7-Eleven believes its revised proposal fairly

Casey’s to Acquire On The Way Locations

Casey’s General Stores Inc. has entered into an agreement to purchase up to 19 convenience stores in Illinois owned by Harper Oil Co. Inc. The stores are currently operated under the “On The Way” banner and will be rebranded to Casey’s. Harper, which owns other On The Way stores, plans to continue to operate its

Sunoco Shifts Focus To C-Stores

Lynn Elsenhans, Sunoco’s CEO, told analysts she hopes to expand the company’s profitable retail business by ramping up its convenience-store offerings, Philadelphia Inquirer reported. “An area of opportunity for us to unlock even more value out of our real estate is by changing our mind-set from a fuels retailer that also sells some convenience items,

Nice N Easy Celebrates 30th Anniversary

Nice N Easy Grocery Shoppes, which operates 80 stores throughout New York State and was named CSD‘s Chain of the Year in 2009, recently celebrated its 30th Anniversary at Utica-Rome Speedway with bands, a kids zone, a classic car and bike show, food and fun. “It was a great day and one that many will

IPSO

  IPSOs nationwide distributor network, personnel and equipment can help investors tap into the $5 billion-a-year coin laundry business. In addition to being a solid, recession-proof, cash business, coin laundries perfectly complement convenience stores and offer tremendous return on investment. IPSO has developed an expert approach to the business that is geared specifically to the

Sheetz Adds RedPrairie’s Execution Management Solution

Altoona, Pa.-based Sheetz has implemented RedPrairie’s Execution Management solution at its more than 365 stores. Sheetz now has a one source tool to send all actionable communications to the right stores at the appropriate time, with the added ability to escalate issues to corporate management. “With Execution Management, our original intent was to provide our

Vendors Help Prepaid Prosper

Prepaid services are revolutionizing the way customers do business today. From unbanked customers to students and others looking to reduce their outstanding debt, prepaid debit cards and bill pay services offer customers a payment solution without the drawback of monthly interest charges. Retailers agree that choosing a vendor that will work with your chain to

Establishing the Right Foodservice Brand

There are few sure things in business. But partnering with an established foodservice brand could be about as close as one can get. That’s because proven concepts offer so much, such as built-in brand equity, customer loyalty, honed or even turnkey systems with shorter learning curves, proven menus and recipes, pre-existing designs and equipment packages

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