As Sheetz grows its fleet of stores, it looks to add new employees. Altoona, Pa.-based Sheetz plans to hire up to 250 new employees in greater Pittsburgh by the end of 2012 as it opens new stores and renovates others, Bizjournals.com reported. Within the next three months, the c-store chain is set to open two [...]
Rob Gross brings more than 20 years of multi-retail experience to his new role with Core-Mark. Core-Mark Holding Co. Inc., one of the largest marketers of fresh and broad-line supply solutions to the convenience retail industry in North America, has appointed Robert Gross to its Board of Directors. Gross will serve as an independent director [...]
October report shows retail hiring up 12.6% in September. Kronos Inc. has released the Kronos Retail Labor Index, a family of metrics and indices that characterize the current state of the demand and supply sides of the labor market within the U.S. retail sector. The analysis and write-up prepared by Macroeconomic Advisers LLC shows The [...]
Global retail theft totaled $107.3 billion in 2010, representing a 5.6% decrease from the prior year (6.8% in the U.S.), according to the fourth annual edition of the Global Retail Theft Barometer. Click here to view the entire study. The study, sponsored by an independent grant from Checkpoint Systems, monitored the costs of shrink (loss [...]
Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline costs are moving sharply higher early in the fourth quarter primarily on a bullish market sentiment for all commodities in general, along with refinery downtime in key regional markets in New York and Chicago. Meanwhile, ethanol prices are again on the move higher, with the [...]
CITGO Petroleum Corp. has completed the construction and start-up of a major processing unit to produce Ultra-Low Sulfur Diesel (ULSD) at its Lemont, Ill., refinery. In compliance with Environmental Protection Agency (EPA) standards, the unit is equipped with the latest technology designed to reduce, by 98%, the sulfur content of diesel transportation fuel produced at [...]
The storm has ebbed, but the U.S. economic forecast remains overcast, according toTD Economics. “We don’t expect to see any miracles occurring over the next several months…but the evidence appears to be for the gradual unwind of imbalances and a continued slow pick-up in economic activity-and not another descent into recession,” wrote Deputy Chief Economist [...]
Jack Link’s Beef Jerky is set to acquire a packaged meat snack products manufacturing facility located in Mankato, Minn., from JBS S.A., the largest beef producer in the world. The transaction is expected to close by the end of September, subject to customary closing conditions. Terms of the deal were not disclosed. The acquisition will [...]
Cary, N.C.-based The Pantry Inc., operator of Kangaroo Express, is purchasing 47 Presto Convenience Stores throughout Kansas and Missouri, including five in the Kansas City metro area. The locations-all but three of which are in Kansas-reported a revenue of about $194 million during the year that ended last May. The deal is expected to close [...]
Fresh & Easy Neighborhood Market is planning to open eight stores in Northern California-including in the San Francisco Bay Area and Modesto, in early 2011. These stores, will the company’s first stores north of Fresno and will create about 160 jobs in the region, bringing access to fresh, wholesome food at affordable prices to new [...]
Opposition to AB 1998, “bag ban bill,” is growing rapidly across the state of California. Hundreds of businesses, many of them small grocers and retailers have joined forces with manufacturing associations, chambers of commerce and plastic bag makers statewide to send a clear message to the state government: start focusing on the real problems facing [...]
As Atlas Oil Co., a provider of round-the-clock petroleum products and services, has yet another reason to celebrate this year. Not only is the company celebrating its 25th Anniversary this year, but it has been listed on the “Metropolitan Detroit’s 101 Best and Brightest Companies to Work For” list just announced by the Michigan Business [...]
VERC Enterprises, an independent chain of gasoline stations and convenience stores throughout the region, has reached its goal of having a workforce made up of 15% disabled/challenged individuals within their stores, dBusinessNews reported. Leo Vercollone, CEO of VERC Enterprises, said his company has long believed in the value of reaching out to individuals who have [...]
By Brian L. Milne, Refined Fuels Editor, Telvent DTN When gasoline prices at the pump spike, consumers should realize that theses daily and weekly changes are muted when considering the extraordinary volatility in the wholesale market. This risk is primarily borne by wholesalers and retailers that look to more gradually pass on these costs to [...]
Waterloo, Wis.-based snack food manufacturer, Van Holten’s, welcomes Jon Florin as its new marketing manager. Florin joins Van Holten’s with an extensive background in marketing and in the retail food business with his most recent position being marketing director at Madison Media Institute. Florin is now responsible for formulating and executing marketing strategies to help support and [...]