U.S. convenience stores reached record in-store sales in 2013, with sales climbing 2.4% to $204 billion. Combined with motor fuels sales of $491.5 billion, overall convenience store sales were $695.5 billion, according to figures released today by the National Association of Convenience Stores (NACS). The industry’s 2013 numbers were announced at the NACS State of…
Parker’s Promo to Award Free Gas for a Year
The chain will randomly select one lucky winner each day in July from cars displaying the “I Love Parker’s” bumper sticker. Daily winners will be awarded a $50 Parker’s gas card. One lucky grand prize winner will be selected at the end of July to win free gas for a year at Parker’s. Winning license…
Big Crude Draw, Egyptian Coup Rally Oil Prices
By Brian L. Milne, Energy Editor, Schneider Electric Retail gasoline prices dropped to winter levels in ushering in July, with the Energy Information Administration’s (EIA) U.S. retail gasoline price average sliding to $3.496 gallon July 1, the lowest the average has been since the end of January earlier this year. It’s odd in one sense…
U.S. Gasoline Supply Rebuilding From Fourth Quarter Lows
Brian L. Milne, Energy Editor, Schneider Electric December finished with a sixth consecutive weekly increase in domestic gasoline stocks, rebuilding from a four-year low plumbed in October amid a host of unexpected refinery outages in 2012 heading into the fourth quarter, and exacerbated by the destruction and resultant infrastructure disruptions in the Northeast and Mid-Atlantic…
Price Trajectory Suggests $4 Gallon US Gasoline Average in April
By Brian L. Milne, Refined Fuels Editor, Telvent DTN Retail gasoline prices in the U.S continue to move higher and climbing wholesale costs in most major metropolitan markets through mid-March show the trend will continue into April. Moreover, the swift increases in gasoline costs that are being passed through the supply chain suggest the U.S.…
Free Money For Energy Efficiency
By Ali Farsai Savvy owners realize that on their utility bill, they are paying for energy efficiency in the form of utility taxes and fees. If you are paying to subsidize a program, you should also take advantage of its benefits before they run out of funding. Funding on all energy efficiency programs are…
Thorntons Salutes Employees, Troops
The 2011 General Manager’s Conference in Louisville features awards for top team members and vendors and a Humanitarian Event at Fort Knox. By John Lofstock, Editor Close to 400 general managers, regional managers, company executives and corporate sponsors gathered in Louisville, Ky., this week as Thorntons Inc. kicked off its 2011 General Managers’ Conference. The…
Taking Social Media to the Next Level
C-stores are adding Facebook pages, but to profit from social media, retailers need to also engage fans with text and email marketing campaigns. By Erin Rigik, Associate Editor. Anyone still questioning the power of social media need only look to Japan. The country, which between earthquakes, tsunamis and radiation fears has seen tourism drop, is…