For the week through Dec. 5 U.S. wholesale gasoline costs mostly increased, while activity in the European Union coupled with heightened rhetoric from Iran are seen pushing gasoline prices even higher. Additionally, Sunoco Inc. announced Dec. 1 that it was beginning to idle the main process units at it Marcus Hook refinery near Philadelphia, Pa., [...]
After tumbling to a nine-month low of $3.368 gallon on Nov. 21, the Energy Information Administration’s (EIA) U.S. retail gasoline average is positioned to increase following higher wholesale costs during the final full week of November. Wholesale gasoline costs were under renewed pressure in front of Thanksgiving Day on weak demand and heightened concern over [...]
“Our customers will begin seeing innovative initiatives around our core service offerings that will both surprise and delight them,” says GPM Investments CEO. Richmond, Va.-based GPM Investments LLC, operator of both the Fas Mart and Shore Stop Convenience Store chains, announced today that it has entered into a new $35 million credit facility with [...]
After popping higher by a little more than a penny during the week-ended Nov. 14, the U.S. average for gasoline sold across the country’s retail outlets should resume its downtrend. The Energy Information Administration (EIA) releases its weekly gasoline average late afternoon on Mondays, with the average last reported 1.2 cents higher at $3.436 gallon [...]
Douglas Yawberry has been promoted to vice president of operations at Weigel Stores Inc., a Knoxville Dairy and convenience store chain. In his new position, Yawberry is responsible for all store related operations, and will serve as a member of Weigel’s Corporate and Market Planning Group. Yawberry, a graduate of State Fair College Sedalia, Mo., [...]
Chesapeake Energy and Love’s team add CNG accessibility across Oklahoma. Love’s Travel Stops & Country Stores, an Oklahoma City, Okla.-based and family-owned operator of 280 travel stops and convenience stores, plans to add 10 publicly accessible compressed natural gas (CNG) fueling stations at existing locations across Oklahoma. These CNG fueling stations will be located in [...]
7-Eleven licensee Handee Marts Inc. reported strong results from its new PepsiCo Dream Machine recycling initiative. Handee Marts launched PepsiCo’s Dream Machine recycling program in June 2011. Since the program’s launch, more than 121,400 beverage containers have been recycled in Dream Machines at Handee Marts. For all the bottles and cans recycled at Handee Marts–and [...]
Joe Ivy appointed vice president of manufacturing and operations. Ryko Solutions Inc., North America’s largest manufacturer of car wash equipment and a major provider of service support and chemicals to the industry, has added Joe Ivy as vice president of manufacturing and operations at the company’s 250,000 square foot facility located in Grimes, Iowa. Ivy [...]
“I came [to NACS] for the advocacy and stayed for the knowledge and connections,” said new NACS Chairman Tom Robinson during the Oct. 4 Closing General Session at the NACS Show. An estimated more than 22,000 attendees from 50 countries attended the 2011 NACS Show, which featured more than 60 workshops and 1,300 exhibitors [...]
By John Matthews, founder and president of Gray Cat Enterprises Inc. Establishing a Franchise Advisory Council (FAC) as a formal communications system to ensure franchisees input with regard to store marketing & operations is a natural stepping-stone for a growing franchise operation. FAC representatives are an indispensable part of the communication system in that they [...]
As NACS celebrates the convenience and fuel retailing industry’s remarkable achievements since it was founded 50 years ago, the association is equally looking toward the future, said NACS President and CEO Hank Armour during the NACS Show Opening General Session. It is expected that more than 22,000 attendees from 50 countries will attend the 2011 [...]
Easy Trip Convenience Stores are dedicated to customer service. As part of that strategy, the Ohio chain has introduced a new mobile app and fresh Websites to fast forward into the mobile, social and digital worlds. A newly launched client with OpenStore by GasBuddy, Easy Trip is thriving with the new technology that includes a [...]
Emerson Climate Technologies released a new service called Smart Dispatch, which drives maintenance savings by reducing unnecessary dispatch events through root cause analysis and remote resolution. When an equipment alarm or maintenance notice occurs, dispatch decisions are typically based on simple event categorization or contractor terms rather than substantive insights confirming the necessity and severity [...]
Fresh & Easy is rolling out a new Express store format, but can the company come out on top after nearly four years of heavy losses? By Erin Rigik, Associate Editor. Tesco’s Fresh & Easy Neighborhood Market grocery chain debuted with a bang in 2007, rolling out 20 stores in rapid succession in California, Nevada [...]
By Brian L. Milne, Refined Fuels Editor, Telvent DTN The Energy Information Administration’s (EIA) U.S. retail price average for all formulations of regular grade gasoline fell 6 cents as of Sept. 19, and will continue to move lower into October on declining wholesale gasoline costs. Through the week-ended Sept. 26, wholesale gasoline costs moved lower [...]