The convenience store industry had record sales of $700.3 billion in 2012, with in-store sales increasing 2.2% to reach a record $199.3 billion and motor fuels sales increasing 2.9% to a record $501.0 billion, according to figures released yesterday by NACS. The industry’s 2012 numbers were announced at the NACS State of the Industry Summit, [...]
In this period of economic and demographic fluctuation, U.S. retailers are simultaneously stretching and shrinking their stores to promote convenience for shoppers and compete with online options, according to What’s in Store, the annual trends publication from International Dairy-Deli-Bakery Association. Grocery shoppers continue to weather the Great Recession and convenient shopping for the most vital [...]
At the groundbreaking of the Des Moines Social Club’s new home at a former firehouse in downtown Des Moines on Tuesday, Kyle J. and Sharon Krause presented the organization with a $350,000 gift on behalf of Kum & Go. Announced in December 2012, the gift will help to preserve and renovate the space, which is [...]
LOGIC Technology CEO Eli Alelov discuss the possible impact of government regulations on electronic cigarettes on Fox News. By John Lofstock, Editor Hailed by many as an emerging threat to the tobacco cigarette industry, electronic cigarettes have provided smokers with an alternative to traditional tobacco-based smoking. These battery-operated devices simulate the experience of traditional cigarette [...]
Fas Mart/Shore Stop Convenience Stores have introduced Fas APP, the company’s first smartphone application, which debuted this month across more than 200 locations primarily in Virginia, Connecticut, Maryland and Delaware. Fas APP, dveloped by VERGE Connect, integrates with the retailer’s new Fas CASHBACK secure payment card, which lets customers customize the types of food, beverage [...]
Kum & Go District Supervisor Blaine Corlette has been awarded the Employer Support of the Guard and Reserve (ESGR) Patriot Award for recognition of his support of a fellow Kum & Go associate serving in the Army National Guard. “Blaine’s dedication echoes our company-wide commitment to men and women in uniform,” said , Kum & [...]
Commonwealth-Altadis Inc. has appointed Al Dejewski senior vice president for consumer marketing, and Eric Workman, senior vice president for strategic operations. Both report directly to Kevin Freudenthal, president & CEO of the tobacco company. “We are quite pleased to have Al join the team,” Freudenthal said. “He brings not only the strategically creative vision of [...]
First quarter fuel demand jumps 1.4% in the first quarter, according to the Energy Information Administration. By Brian L. Milne, Energy Editor, Schneider Electric Preliminary data from the Energy Information Administration (EIA) shows gasoline demand in the U.S. ending the first quarter 1.4% higher than during the same three months in 2012, although down 1.2% [...]
This year, Cinco de Mayo falls on a Sunday, and Dos Equis recognizes that particular day of the week doesn’t bode well for a celebration of this magnitude. Dos Equis is kicking things off on May 2, or what the Most Interesting Man in the World has dubbed “Dos de Mayo,” giving fans everywhere an [...]
By Brian L. Milne, Energy Editor, Schneider Electric After four consecutive weeks with a decline, and 23 out of 29 days in which retail gasoline prices have fallen, higher wholesale costs could reverse the recent trend observed in March and push prices at the pump higher in early April. The Energy Information Administration (EIA) reported [...]
Newcastle Brown Ale has launched ‘No Bollocks 2013,’ a new integrated national marketing campaign intended to help retailers sell more beer. As an extension of its original No Bollocks platform launched in 2012, the new work continues Newcastle’s dedication to bollocks-free ads by celebrating honesty. At the heart of the ‘No Bollocks 2013’ campaign is [...]
By Brian L. Milne, Energy Editor, Schneider Electric For the first time since the middle of December, the U.S. average price for regular grade gasoline moved lower according to the Energy Information Administration’s (EIA) weekly survey, pressured by worries over economic growth and the effect on fuel demand, along with lower asking prices by suppliers [...]
By Ashley Verrill, CRM Analyst for Software Advice and Managing Editor for the Customer Service Investigator Customer service expert, consultant and author Micah Solomon told me recently about one question that consistently dominates group discussion at his public speaking events: “Isn’t my brand and company in danger out there in the social media universe?” The [...]
Brian L. Milne, Energy Editor, Schneider Electric As February nears an end, retail gasoline prices are already at highs one would expect when the weather warms, not when some parts of the country are still digging out of snow drifts. A recent double-digit jump in the retail average reported by the Energy Information Administration means [...]
By: Brian L. Milne, Energy Editor, Schneider Electric. The Energy Information Administration’s (EIA) U.S. average price for all formulations of regular grade gasoline sold at retail outlets jumped another 7.3 cents through the week-ended Feb. 11, which was the eighth consecutive weekly increase in the national gasoline average. Since Dec. 17, when the U.S. average [...]