Technomic’s 2012 Sandwich Consumer Trend Report found that more than half (55%) of Americans are now purchasing grab-and-go sandwiches. By Marilyn Odesser-Torpey, Associate Editor. Just two years ago, the top-selling sandwiches at Famima convenience stores were tuna salad, turkey and cheese and egg salad, all on white bread. Today, the same proteins lead the pack, [...]
Telvent GIT S.A., a real-time IT solutions and information provider introduces DTN Exchange Mobile. By remotely accessing the DTN Exchange, users with mobile devices will be able to make fuel buying decisions on the go. Due to escalating volatility in the fuel market in recent years, it has become increasingly important for buyers and sellers [...]
“Convenience, speed and security are the three key elements that make payment systems in taxis, at fuel pumps and other VeriFone-enabled locations ideal venues for expanding access to lottery tickets,” says VeriFone vice chairman. VeriFone Systems Inc. today announced that it plans to deliver lottery sales through card payment acceptance systems in taxis and at [...]
During the fourth quarter of 2011, Susser Holdings opened six new large-format convenience stores. Corpus Christi, Texas-based Susser Holdings Corp. has set up an earnings conference call for 11 a.m. EST on Feb. 22 to discuss its fourth quarter results. The company expects to report same-store merchandise sales growth for the fourth quarter of 2011 [...]
“This agreement truly represents a win-win for all parties involved,” says Fikes Wholesale CEO. Fikes Wholesale Inc., parent company of the 194 location CEFCO Convenience Stores Chain based in Temple, Texas, has successfully acquired the retail interests of 63 Taylor Food Mart Stores from Taylor Petroleum Co. based in Amarillo, Texas. The Taylor Food Marts [...]
Kum & Go is looking to open at least five new locations in the Pikes Peak region. Midwest-based convenience store chain Kum & Go is considering opening five or more locations in Colorado Springs, The Colorado Springs Gazette reported, citing proposals Kum & Go submitted to Colorado Springs and Monument officials. Colorado Springs has given [...]
“We’re proud to have Foster Blue Water as a Clark licensee,” says Clark CEO. Clark Brands LLC announced that Foster Blue Water Oil of Richmond, Mich., has branded with Clark. The partnership will continue the growth of the Clark brand in southeast Michigan. Clark will provide customized branding and marketing programs as Foster Blue Water [...]
Fiscal 2011 year-to-date sales up 7% from fiscal 2010. Walgreens opened 13 stores during the month of July, including three relocations, and closed one store for a net increase of nine in the month. The drug store chain reported July sales of $5.82 billion, an increase of 4.7% from $5.56 billion for the same month [...]
By: Jeff Weghorst, director of merchandising at dunnhumbyUSA One of the primary drivers behind a customer’s willingness to transact with a retailer is product selection. If a customer does not encounter an appealing assortment of products in-store, they are highly unlikely to engage even once with the retailer, and much less likely to become a [...]
Prying Properties Loose Important for retailers to understand is that commercial real estate today is an industry in transition. Its landscape is littered with landlords, if not desperate, than at least strongly motivated to make deals work. “Things are tight,” said George Anderson, vice president of market analytics for NAI Global in Princeton, [...]
DTN DTN introduces DTN Fuel Buyer, a real-time market information service designed to support profitable fuel buying and reselling decisions. DTN Fuel Buyer provides instant access to supplier price messaging from DTN DataConnect, rack and spot price discovery as well as analysis, industry news, weather and market information-all located on one convenient screen. DTN Fuel [...]
Information and store management can be made simpler for c-store owners and petroleum retailers. DTN introduces DTN Fuel Buyer, a real-time market information service designed to support profitable fuel buying and reselling decisions. DTN Fuel Buyer provides instant access to supplier price messaging from DTN DataConnect, rack and spot price discovery as well as analysis, [...]
There’s a host of potholes marring the road to profitability, and few convenience chains on the market can afford to bankroll a multimillion dollar facility to optimize their foodservice production and profits. What c-stores can do, however, is build an effective foodservice program from the ground up if they learn to nurture the fundamentals and [...]
The Pantry Inc., based in Cary, N.C., is selling 80 locations throughout the Southeast. The properties for sale include a mix of convenience stores with gas, stand-alone convenience stores, closed sites and prime real estate. Most of the stations are currently branded Kangaroo, Shell, Chevron, Citgo, Mobil, BP and Texaco. Stores are located in a [...]
Money is tight, but some convenience store operators are finding the means to finance remodels or even acquisitions. Generally speaking, the availability of money depends on the size of the operator, according to Mark Radosevich, president of PetroProperties & Finance LLC in Miami. “The guys who are moderate size to large generally have relationships with [...]