New Shell Nitrogen Enriched Gasolines address changes in car engine technologies and consumer needs. Shell is launching its new Shell Nitrogen Enriched Gasolines to address the increasing need for engine protection. With advanced engine technologies coming to the market and with consumers holding on to their existing vehicles longer, it is becoming increasingly important for [...]
Smart safes are getting smarter and so are the convenience store operators who use them. By Howard Riell, Associate Editor It’s all about the money, so handle it intelligently. Having a smart safe—and training employees to use it effectively—relieves a lot of the traditional headaches associated with handling cash, according to Los Angeles-based retail security [...]
The KRAFT YES Pack, an innovative dressings package introduced in January 2012 by Kraft Foodservice, is designed to deliver maximum yield with greater ease. Made from flexible yet durable plastic, the YES Pack allows operators to easily squeeze out up to 99% of the dressing inside without creating any inconvenient mess for the user. The [...]
BP Products North America looks to revitalize its U.S. retail brand. BP Products North America Inc. has rolled out plans to reclaim the title as the number one fuels marketer east of the Rockies at the 2012 BP Amoco Marketers Association (BPAMA) Convention and Business Expo—an annual gathering of BP marketers taking place in Florida. [...]
By: John Matthews, founder and president of Gray Cat Enterprises Inc. If you feed them, they will come…. One of the most successful local store marketing (LSM) tactics to build into your daily operations is a sampling strategy for your products. If your retail establishment is foodservice, your customers will want to taste the product. [...]
By: John Matthews, founder and president of Gray Cat Enterprises Inc. When a multi-unit organization begins to grow, one common step in this process is the creation of advertising and purchasing co-ops that enable stores to pool their financial and strategic resources. Generally, co-ops are determined using Designated Market Areas (DMA) of which there are [...]
“The investment creates an exciting resource that will become an asset to help us connect with and deliver great advancements to our valued customers,” says Bolla Oil CEO. Bolla Oil gas station and convenience store locations, located in the New York market, are adding inOvationTV to more than 40 sites, some of which will be [...]
WM-Nano offers the industry’s first tabletop automatic wrapper. Retailers could choose a small, manual station or a room-sized automatic machine. But now, Ishida’s WM-Nano offers another choice. At just 28 inches wide, the WM-Nano is a unique concept—a tabletop unit with an integrated scale-base and printer, offering all the benefits and features of a full-size [...]
Three new stores are set to be built this fall and 20-25 new Arkansas locations are anticipated over the next five years. Kum & Go has announced aggressive expansion plans into Arkansas, where the chain plans to invest $70-80 million in the next five years and aims to create approximately 150 new jobs by the [...]
NRC Realty & Capital Advisors, LLC (NRC) has arranged a $46 million senior secured credit facility for GPM Investments LLC (GPM) through an affiliate of Bayside Capital Inc. The Bayside facility will replace existing loans as well as provide additional operating capital. GPM is owner of the Fas Mart and Shore Stop chain of [...]
After Casey’s shareholders rejected Couche-Tard’s nominees for the board of directors last week, and instead reelected its standing board, analysts are weighing in on whether or not Couche-Tard is out of the game and whether 7-Eleven will come through with a bid. U.S. billionaire and hedge fund manager Steven Cohen, founder of SAC Capital Advisors [...]
Alimentation Couche-Tard Inc. has responded to Casey’s General Stores Inc.’s rejection of its increased tender offer from $36 to $36.75 per share in cash, which was announced on July 22, 2010. “We are disappointed that the Casey’s Board of Directors has rejected our increased $36.75 cash offer and has initiated a recapitalization for only 25% [...]
Alimentation Couche-Tard Inc. has responded to the lawsuit filed by Casey’s General Stores Inc. in connection with Couche-Tard’s tender offer to acquire Casey’s for $36.00 per share in cash. “We believe this lawsuit is entirely without merit and we will vigorously defend against these baseless claims. We are disappointed that the Casey’s Board of Directors [...]
Casey’s General Stores Inc. on Friday, June 11, filed a complaint in the U.S. District Court for the Southern District of Iowa against Alimentation Couche-Tard Inc., alleging that Couche-Tard violated federal securities laws in connection with its unsolicited tender offer to purchase all of Casey’s outstanding shares for $36.00 per share in cash. As announced [...]
Kum & Go L.C. announced that Iowa State University is the 2010 winner of the Krause Challenge. Launched in 1998 by W.A. Krause, founder and chairman of Kum & Go, the Krause Challenge gives finance students at The University of Northern Iowa, Drake University, Iowa State University and the University of Iowa real world investment [...]