The International Dairy Deli Bakery Association (IDDBA) has released “What’s In Store 2010”, a trends report that reveals which consumer shopping trends will have the most impact in the next five years. According to the report, the demand for low prices, health and wellbeing, convenience, sustainability, and food safety and quality are the trends to…
Wholesale Gasoline Costs Extend Decline
By Brian Milne, Refined Fuels Editor, Telvent DTN Gasoline costs in metropolitan wholesale markets across the U.S. are posting between a nickel and dime declines to start February compared with week prior pricing, as the market continues to slump after financially traded gasoline contracts spiked to a 15-month high in early January. The early year…
Evolution Fuels Acquires Second Kansas Fuel Station
Evolution Fuels Inc. has executed a second lease agreement with J&J Developments Inc. (J&J) for a fuel station located in Topeka, Kan. This is the second station of what Evolution Fuels expects will be a series of locations leased from J&J. The station is located on a prime intersection of Topeka that experiences an average…
CVS Enters Memphis Market
CVS/pharmacy has opened its first store in the city of Memphis. “We are pleased to be opening stores in Memphis and expanding our presence in the state of Tennessee,” said Larry Merlo, president of CVS/pharmacy. “Our mission at CVS is to make pharmacy solutions effective and easy for our customers, so we look forward to…
Gaming Purchases Just Got Easier
7-Eleven Inc., the world’s largest convenience store chain, and Kwedit Inc., a provider of alternative payment systems, are making it easier for millions of online gamers to buy virtual goods in a game-changing “Play Now. Pay Later.” plan, announced today. Americans who do not have credit or debit cards or who prefer to pay…
Kroger Opens Smith’s Express C-store in Utah
Smith’s Food & Drug Stores, a division of the Kroger Co., has opened its first Express fuel station and convenience store at 1974 S. 1100 East in Sugar House, Utah, The Salt Lake Tribune reported. A second location at 873 E. South Temple in Salt Lake City is set to open this month. Both…
C.K. Smith Exiting Gasoline Business
Fuel supplier C.K. Smith and Co. Inc., which closed 23 Irving gas stations last month in Massachusetts and New Hampshire, said yesterday its decision was part of a strategy to exit the gasoline business, but will not affect its heating oil and propane services business in Central Massachusetts, the Worcester Telegram reported. “Today, C.K.…
Alon Named Stalking Horse Bidder for Bakersfield Refinery
Dallas-based Alon USA Energy Inc. has been selected as the stalking horse bidder for the Bakersfield, Calif., refinery from Big West of California LLC, a subsidiary of Flying J Inc. Completion of the acquisition is subject to an auction process, bankruptcy court approval and customary regulatory approval. The Bakersfield refinery is located in…
Hunt Brothers Sponsors Elliott Sadler for NASCAR Season
The 2010 NASCAR season isn’t underway just yet, but Hunt Brothers Pizza is already celebrating a huge win: the company just inked a deal to sponsor veteran driver Elliott Sadler in both the Sprint Cup Series and Camping World Truck Series. This is Hunt Brothers Pizza’s second year as the primary sponsor of a NASCAR…
Zippo Acquires Ronson Corp. Assets
Bradford, Pa-based Zippo Manufacturing Company has completed the purchase of substantially all of the assets of Ronson Consumer Products Corporation of Woodbridge, N.J., and Ronson Corporation of Canada Ltd.; and certain related assets of Ronson Corporation. Zippo is one of the world’s most widely recognized brands, best known for its iconic refillable windproof lighter. The…