Kyle’s Kwik Stop Corner Markets in east Texas is testing a new business model by emphasizing the local community. By Megan Wilkinson, Assistant Editor. On the outside, Kyle’s Kwik Stop’s latest store looks like a simple c-store. Yet, step inside the Longview, Texas unit and customers get a taste of the neighborhood from its breakfast [...]
Sale includes 15 Buy-N-Fly gas stations. American Natural Retail has acquired Mon Valley Petroleum, a fuel retailer and distributor based in McKeesport, Pa. American Natural Retail is planning a fleet of upscale convenience stores and gas stations with compressed natural gas in the Pittsburgh region, Pittsburgh Business Times reported. The sale includes 15 Buy-N-Fly gas [...]
Several New York-area convenience stores are delving into the sale of pizza cones. Three gas station chains in the New York metropolitan-area are selling new Cono Italiano Inc. “pizza conos” at their c-stores. Exxon, BP and Gulf Gas Stations are now selling pizza conos and empanadas to consumers. The pizza cono is a drip-free, cone-shaped [...]
AllOver Media acquires GSA Media to gain dominance in the fast-growing gas station advertising market. AllOver Media Inc. recently acquired GSA Media, a division of Brite Media Group, to solidify its place in the gas station advertising market. Tony Jacobson, founder and CEO for AllOver Media, said this acquisition is important for the company’s plans [...]
Back in 1997 I had the opportunity to sit down with Dave Thomas, the founder of the Wendy’s chain to interview him about his retail strategy. One of the first things he said to me was, “You know why our hamburgers are square? Because we don’t cut corners.” Over the past decade many things have [...]
Washington, D.C.-area gas stations face violation fines with the EPA. Six D.C.-area gas stations have settled in a case alleging that they violated Clean Air Act regulations. Samad Corporation with CITGO, two Anacostia Realty with Exxon, Shirlington Petroleum Realty with Exxon and Springfield Petroleum Realty with Shell were all involved with the case. The Clean [...]
Makes strong case for credit-card reform. In a news story today, USA Today exposed some of the myths banks propagate about hidden, exorbitant “swipe” fees the banks charge retailers when customers buy with credit or debit cards, the Merchants Payments Coalition reported. The article also makes a strong case for reforming the way Visa and [...]
Customers who buy $100 in ExxonMobil Gift Cards can receive a $10 Gift Card free. Exxon and Mobil retailers are spreading the joy this holiday season by giving customers an opportunity “to give” and “to receive.” From Nov. 1 through Dec. 31, customers who purchase $100 in ExxonMobil gift cards at any Exxon or Mobil [...]
As gasoline prices trend upward, retailers are struggling to stay competitive on price while protecting their margin. By John Lofstock, Editor. The cost of fuel has been roaring up and down like a rollercoaster, and so has the risk to retailers when purchasing fuel in large quantities. Fortunes can be made by accurately predicting which [...]
Newest location features Dunkin’ Donuts and Subway in an effort to target customers throughout the day. By Erin Rigik, Associate Editor. Gilligan Oil Co. is aggressively embarking on a new foodservice model that aims to combine its c-stores and two QSR franchise partners under one roof to better pull a variety of customers into the [...]
NRC Realty & Capital Advisors, LLC (NRC) has announced that Feb. 15, 2011 has been set as the bid deadline for the previously-announced sale of up to 55 fee properties in the Florida Panhandle. Most of the properties are operating gas stations with convenience stores, including one closed site. Most of the operating stations are [...]
This fall, ExxonMobil, in conjunction with the Hispanic Heritage Foundation, is recognizing Hispanic high school students around the country for achievements in engineering and mathematics through the Hispanic Heritage Youth Awards. ExxonMobil has contributed more than $1.7 million to the Hispanic Heritage Foundation in the 10 years the company has sponsored the awards. ExxonMobil’s grants [...]
Global Partners LP, a wholesale distributor of gasoline, distillates and residual oil in New England, has completed the final phase of its acquisition of 42 Mobil-branded and operated retail gas stations and fuel supply rights in Massachusetts, New Hampshire and Rhode Island. Earlier this month, the Partnership completed the acquisition of 148 dealer-operated Mobil stations, [...]
Exxon Mobil Corp. pledged $1 million at the Clinton Global Initiative (CGI) to invest in the expansion of high impact, sustainable technologies that advance women economically in the developing world. The program is expected to directly benefit more than 13,500 people, with indirect benefits reaching more than 475,000 people in the next two years. The [...]
Mid-Atlantic Convenience Stores (MACS), an investment platform backed by Catterton Partners, a consumer-focused private equity firm in North America, has acquired 58 convenience stores/fuel stations, located in Northern Virginia and Maryland, from Exxon Mobil Corp. Terms of the transaction were not disclosed. MACS is a convenience store operator in the Mid-Atlantic region and one of [...]