Kroger aims to clean up a Michigan township by adding new business to the area. Kroger is expected to open a new gas station by the end of 2012 on a property it owns in Ypsilanti Township, Mich., according to Ann Arbor digital media company news. The new gas station will measure nearly one acre on a [...]
Shell is hosting several “No Other Gasoline Protects Better” Gasoline Giveaways across the nation to celebrate the launch of its new Shell Nitrogen Enriched Gasolines. With advanced engine technologies increasingly coming to the market and consumers keeping their cars longer, Shell recognizes it is becoming more important for consumers to protect their vehicles from lower-quality [...]
“Our newly built stores continue to perform very well, and as a result, we plan to increase our overall capital budget in 2012 to accelerate new store construction to a planned 25-30 stores,” says Susser Holdings CEO. Susser Holdings Corp. reported strong financial and operating results for the fourth quarter and full fiscal year 2011. [...]
NACS releases findings from its 2012 consumer fuels report. Beverage purchases drive gas customers inside the store more than any other item, but new preferences are emerging, with consumers saying that more foodservice, more healthy options and more local involvement could all increase their spending at convenience stores, according to findings released today from the [...]
Retail Marketing earned $40 million pretax in the current quarter versus $1 million in the fourth quarter of 2010. Sunoco Inc. has reported a net pretax loss attributable to Sunoco shareholders of $660 million for the fourth quarter of 2011 versus pretax income attributable to Sunoco shareholders of $119 million for the fourth quarter of [...]
Times & Trends report finds pantry stock-up and quick trips account for two-thirds of CPG trips and dollar sales. It has long been a daunting task to stay in lock step with the shopper mindset. After all, mindsets are a moving target and can quickly change due to a variety of reasons, including purchase [...]
A favorable gas margin and strong inside sales, give Casey’s a 15.6% increase in total gross profit for the fiscal Q2 2012. Casey’s General Stores Inc. has reported it’s second quarter results for fiscal 2012. The company reported $0.99 in basic earnings per share for the second quarter of fiscal 2012 ended Oct. 31, [...]
With a new real estate entity in place, the company is positioned to grow its chain of dealer-leased stores beyond Arkansas. By Erin Rigik, Associate Editor. Coulson Oil Co., one of the Southwest’s largest independent distributors of motor fuels, took a big step toward continued growth in August with the formation of Coulson Real Estate [...]
The 15-year old California franchise upgrades fueling locations. J.E. Clark II Corp. recently upgraded its facilities with new equipment and high speed diesel for commercial trucking customers and renewed its long-term franchise agreement with Pacific Pride Services LLC, a subsidiary of Wright Express Corp. The upgraded fueling facilities include a “contractors’ island” with regular gasoline [...]
Maryland chain also unveils a prototype convenience store brand as it prepares for the future with a focus on energy efficiency, foodservice and market expansion. By Erin Rigik, Associate Editor High’s of Baltimore is taking its convenience store and gas station business to the next level rolling out a new proprietary fuel brand—called High’s BTG—along [...]
FuelQuest Inc., an on-demand software and services company for the downstream energy industry, has released ForeSite, an innovative, map-based fuel inventory management solution that deploys in a single day. Offering real-time views of inventory across multiple sites, ForeSite gives retailers control and visibility over their fuel inventory, reducing runouts and retains, as well as optimizing [...]
On July 26, some 36 environmental and industry groups signed and sent a letter that went to the majority and minority leaders of the Senate urging opposition to any amendment to the upcoming energy bill that would authorize the sale of gasoline with more than 10% ethanol. The National Petrochemical & Refiners Association (NPRA), the [...]
Gulf Oil Limited Partners has entered a multi-year sponsorship deal with Major League Baseball’s Atlanta Braves, The Boston Globe reported. The agreement will allow Gulf a presence at Turner Field, the home of the Atlanta Braves, where rotational signage, displaying Gulf’s “Sunrise” logo will appear behind home plate for all Braves home games. “We want [...]
As all convenience store chains look for innovative ways to drive sales as tobacco and gas margins decline, they might take note from an unlikely teacher—a small town store in Grandy, Minn., whose unique offerings are going to new lengths to meet consumer demands. Though only 1,100 square feet, “The Shack on 65” packs the [...]
Casey’s General Stores Inc. reported $0.34 in basic earnings per share for the third quarter of fiscal 2010 ended Jan. 31, 2010, compared to $0.28 for the same quarter a year ago. Year to date, basic earnings per share were $1.87 versus $1.38 for the same period last year. “The acquisition environment has become more [...]