cumberland farms to carry coinstars pay as you go line

Turnkey solution aims to drive in-store traffic, new customers and revenue. Cumberland Farms, the largest convenience store and petroleum marketer in the Northeast, said it would begin carrying Coinstar’s ‘pay as you go’ products at all 600 Cumberland Farms convenience stores. The product line includes national and regional prepaid wireless programs, prepaid MasterCard and Visa

noco adds to store count

New unit in Tonawanda, N.Y. features Nickel City Market Café. NOCO Express Shops today reported that it has acquired a Mobile Station in Tonawanda N.Y. and has completely rebranded the entire location, which is now officially open for business as a NOCO Express Shop. The 3,000 sq. ft. store, NOCO’s 32nd unit, took three days

kwik trip continues aggressive growth

Chain opening a store in Austin, Minn., one of 20 new units it scheduled to open in 2007. Austin, Minn. is getting its second Kwik Trip convenience store this week as the La Crosse, Wis. chain completes renovations to rebrand the former Severson Conoco gas station. The Austin stories one of about 20 new Kwik

fusion oil stations to be auctioned off

Sale of 41 stores part of bankruptcy proceeding against Fusion Oil by Comerica Bank. A sealed bid auction of Fusion Oil’s assets is underway as part of a bankruptcy proceeding against the oil marketer by Comerica Bank. The sale includes 41 gas stations and convenience stores in Michigan and Ohio. Some of the stations and

pantry changes 07 forecast

Falling shares cause company to reevaluate current financial condition. The Pantry Inc. has needed to reissue it’s financial forecast for the 2007 year for the third time since November, sending the price of shares down more than 11%, reported Reuters. The main reason for this change stems from an evaporation of gas margins the store

toa reports big first quarter losses

Recent merger and taking the company public gobbled up revenues, profits. TravelCenters of America LLC has reported a huge loss for its first quarter, which ended March 31, due in large part to costs connected with going public. The company’s net loss in the quarter totaled $54.3 million. $45 million of the loss came from

wholesale firms on the block

PetroProperties & Finance coordinating the confidential sale. by John Lofstock ____________________________________________ Wholesale petroleum companies in five key markets have been put on the sales block, CSDecisions.com   has learned. PetroProperties & Finance LLC of Coral Gables, Fla., is coordinating the confidential sale of the companies in Delaware, Georgia, Illinois, Pennsylvania and Texas. Citing confidentiality agreements,

financing for the future

When examining short- and long-term funding options, experts stress the importance of due diligence. In the summer of 2005, Meridian, Miss.-based DeweeseEnterprises Inc., owner-operator of the Super Stop! convenience store chain, completed a $30 million deal that significantly improved the company’s bottom line. Deweese sold 24Super Stop locations in Mississippi to Realty Income Corp., aNew

underserved markets present growth opportunities

Convenience store operators urged to use alternative data sources to get a better estimate of true market demand. by John Weiser, Contributing Editor Underserved markets— neighborhoods with high concentrations of ethnic minorities and immigrants—are fast growing and overlooked by major retailers. There are significant profit opportunities in these neighborhoods for savvy convenience store operators. But

chevron gets fresh

New imaging program transforms the forecourt with a colorful array of bright lights and warm, friendly graphics. Amateurs work until they get it right. Professionals work until they can’t get it wrong. It’s this philosophy that is driving Chevron to display its professional prowess as it prepares for the nationwide rollout of its Image Refresh

cashing in

Putting flow first fuels success. In a fiercely competitive world where declining fuelmargins are forcing companies to find new ways toincrease the bottom line, can small and mid-sizedconvenience store chains stay ahead of the game? According to Jeff Morris, president and CEO of Alon USA, theycan—provided they manage cash and credit wisely, make a pointof

one family many owners

Experts are warning that fuel prices are likely toremain high until January 2007 as demand for petroleum products soars due to market shortages causedby the damaged pipelines out of BP

family affair

Just two months after Convenience Store Decisions was first to announce details of Tesco's foray into the U.S. market, we were able to get an exclusive tour of FamilyMart's operations in Southern California with Shiro (Sho) Inoue, president and CEO of Famima Corp., the Japanese retailer's U.S. subsidiary. Inoue's candid interview, part of our "2006

all in the familyinside japans familymart

Japan’s FamilyMart, whose Famima convenience store brand is attracting an upscale clientele in Southern California, readies expansion to several new markets and New York City may be on the agenda. With the experience of operating 12,452 convenience stores worldwide, Tokyo-based FamilyMart Co. felt the time was right to take on the complex U.S. market. So

southwest georgia oil targets new markets

New Sun Stop prototype appeals to women, elderly shoppers. Getting more stores and giving better customer service are two tried-and-true ways to boost c-store profits, so when Southwest Georgia Oil Co. (SWGO) decided to grow its business, both tactics made the short list. But a third—and much less conventional—approach seems to be working even better:

tesco prepares for its us invasion

With the development of a new convenience store format to be unveiled in California early next year, UK retailers and analysts say marketers should prepare for Wal-Mart, Part II. By Andrew Don Not since The Beatles has a British invasion been so eagerly anticipated. But UK market observers warn that Tesco’s reputation as a bigger,

back to the future

CSD examines the financial hurdles the industry faced over the past 10 years, and how retailers will compete in the future. Since the first 7-Eleven opened its doors more than 75 years ago, the industry has served as a home for entrepreneurs and family-run businesses focused on meeting the everyday needs of busy consumers. Through

open pantrys upscale creations

Years ago, communities had little voice in whether a store would be built.But as markets grew more saturated, communities felt as though they were losingtheir identities. "Today, four or five people sit on a board and make the decision whether astore will be built," says Jim Fiene, senior vice president of Open Pantry FoodMarts of

designing a retail strategy

Keeping a close eye on competitors, and an even closer eye on the changing needs of customers, is the key to becoming a destination. The late ’90s brought a lot of changes to Bill Gordy’s Delmar, DE-based convenience store business. As he witnessed the beverage category explode with the introduction of new SKUs, he saw

chevron goes the extramile

Chevron Corp. (San Ramon, CA) has opened 43 ExtraMile Convenience Stores in the Seattle market. The stores feature a fresh look, healthier snacks and premium coffee, as well as easy access to chilled waters, energy drinks and more appetizing to-go food options. The ExtraMile stores opened throughout the city this summer to develop a potential

rubber meets the cstore

Customers pulling in to one of Jerry Dorminey's NASCAR-themed convenience storesor travel centers are immediately drawn to the Nextel Cup car on display (above).Thanks to his racing connections (he owned his own race team in the 1960s and'70s), he's able to put an actual racecar on each property, like a shiny metalcalling card beckoning the

the most unlikely real estate

Forgive me if this note gets too personal. About 12 years ago, my then-girlfriend (now wife) Donna and I were traveling the Garden State Parkway to pursue some R&R down the Jersey Shore. Ninety minutes into our trip, we pulled off at the Frank S. Farley travel plaza to load up on provisions and to

fired up

Barbecuing brisket wasn’t anywhere on Rudolph Aue’s agenda in 1929, when heopened his one-pump country store in the tiny community of Leon Springs, TX,just a few miles west of San Antonio. In fact, it wasn’t until 60 years later,when Aue sold the operation, that the pit was first lit. The buyer was restaurateur Phil Romano,

building the a team

To hire and retain co-workers that are a cut above, KWIK TRIP offers benefits that are a world apart. by Jay Gordon, Editorial Director Every new Kwik Trip store built since 1991 is owned by Convenience Store Investments—and CSI is owned by all full-time Kwik Trip co-workers with five or more years of service. CSI

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