Station owners speak out against prices they say put them at a competitive disadvantage. More than 50 Lukoil gas stations in New Jersey and Pennsylvania doubled their gas prices on Wednesday, Sept. 12, to more than $8 a gallon. The one-day price hike was meant to capture attention as they protested what they called unfair [...]
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 [...]
The majority of the sites are located on high-traffic corners in mature neighborhoods and in small towns. Getty Realty Corp. is divesting 66 commercial and retail properties. The 66 properties are located in a variety of urban and suburban markets in six Northeastern and Mid-Atlantic states, including 11 properties in New York, 21 in New [...]
Agree Realty “pleased” to make Wawa acquisition. Agree Realty Corp. announced that it acquired a portfolio of three Wawa c-stores and fuel stores that are master leased by Wawa for $14,200,000. The cost of the portfolio acquisition includes the assumption of $8,580,000 of non-recourse mortgage debt, which will mature in June 2016, carrying a 6.56% [...]
New balloon shapes include an 80-foot, bright pink elephant and a 12-story Tyrannosaurus Rex. The Quick Chek New Jersey Festival of Ballooning in Association with PNC Bank, the largest summertime hot air balloon and music festival in North America, is celebrating its 30th festival July 27-28-29, 2012. The three-day festival at Solberg Airport in Readington [...]
A total of 31 retail sites in New Jersey, Florida and Pennsylvania are up for auction this summer. Sheldon Good & Company, a Racebook Portfolio Company and real estate auctioneer, announced an auction to sell a portfolio of 31 commercial real estate sites, all of which are gas stations, c-stores or development sites throughout New [...]
More than $2.5 million in scholarships have been awarded since the program’s inception. Over the past 25 years, New York and New Jersey area BP station owners have provided over $2.5 million in scholarships to more than 1,700 promising students. This year, 185 local BP station owners will present a BP Fueling Communities grant donation [...]
Lehigh Gas Partners LP filed with U.S. regulators on Friday to raise up to $120 million in an initial public offering (IPO) of its common stock to help repay debt and reimburse its general partner. The company this month entered into a master lease agreement with an affiliate of Getty Realty Corp. for 120 more [...]
Widen your customer base and change your surroundings. By David Hochman, owner of DJH Marketing Communications Inc. For the first 30 years or so, casinos in Las Vegas thrived, raking in obscene profits simply because options for legal gambling in the U.S. were few, far and in-between. Things started to get a bit more difficult for the casinos [...]
American Express Co. has become the first company to pull its gift cards from New Jersey convenience stores, pharmacies and groceries rather than attempt to comply with a new wrinkle in the state’s unclaimed property law. AmEx spokeswoman Vanessa McCutchen told the Associated Press that the company began pulling gift cards sold through third-party retailers [...]
The prospects for OTP throughout 2012 are good, as growth remains strong. But a swelling number of revenue-strapped state legislatures continue to hungrily eye the category. “I think the category will continue to expand,” predicted Matt Hieb, category manager for Gate Petroleum, which operates 225 convenience stores in six Southeastern states.“The growth of the brands [...]
Colleagues Ride for the Cure in Tucson, surpass fundraising efforts. Quick Chek, a chain of 127 fresh food store locations throughout New Jersey and southern New York, announced that its Riding Team, a group of 14 Quick Chek volunteers completed the Nov. 19 & 20 Tour de Tucson weekend-long bike ride event, raising $100,000 for [...]
Global Partners acquires Alliance Energy in a deal expected to close in the first quarter of 2012. Global Partners LP is acquiring Alliance Energy LLC, which operates 542 gas stations in New England, New York, New Jersey and Pennsylvania, for about $116 million, Reuters reported. The deal is expected to close in the first quarter [...]
Some 100 Wawa c-stores are planned for Florida over the next five years. Wawa, which operates more than 580 c-stores in New Jersey, Pennsylvania, Delaware, Maryland and Virginia, is set to begin construction on its first Florida convenience store across from SeaWorld at International Drive and Central Florida Parkway, in Orlando, Fla., the Orlando Sentinel [...]
Fall schedule includes more than 38 blood drives open to the public. This fall Wawa is encouraging customers to join it in helping the American Red Cross save lives by donating blood at one of the more than 38 Wawa sites hosting a blood drive. The blood drive began Oct. 3 and will continue through [...]