The Pantry Inc. has announced the financial results for its fiscal fourth quarter and year ended Sept. 30, 2010. The quarter and year included 14 and 53 weeks, respectively, one more week than the comparable periods in fiscal 2009. In the fourth quarter, net income for The Pantry totaled $8.5 million or $0.38 per diluted…
C-Store Competitors Drive Sales With Social Media
Dunkin’ Donuts is using social media platform Foursquare to secure loyal customers in the Florida market, Nation’s Restaurant News reported. It recently launched its first Foursquare regional promotion in two markets in Florida. The promotion offers users of the location-based game the chance to win a free donut after they “check in” at the same…
Kum & Go Celebrates Grand Openings
Kum & Go announced the grand opening of two stores this weekend, one in Mt. Vernon, Mo., and one in Sioux City, Iowa. The new Vernon, Mo., Kum & Go is located at 8900 E Mt. Vernon Blvd, and the Sioux City, Iowa location opened at 1373 Pierce St. Both stores kicked off their grand…
Fresh & Easy Adds Roof-Mounted Solar Panels
Fresh & Easy Neighborhood Market has partnered with REC Solar, a solar electric system provider in the U.S., to install roof-mounted solar systems on nine stores. The systems is expected to generate more than 410 kW of solar energy. In total, the systems will produce an estimated 620,000 kilowatt-hours (kWh) annually, the equivalent of reducing…
Retail Gasoline On the Rise
Brian L. Milne, Refined Fuels Editor, Telvent DTN The Energy Information Administration (EIA), the statistical arm of the Department of Energy, released an outlook projecting the U.S. retail price for regular grade gasoline will average $3 gallon in 2011-a price level previously seen as a breaking point for the American consumer. No more; with higher…
Gas Prices Grow
Gas prices have soared to the highest price of the year, topping $3 a gallon, The Citizens’ Voice reported. For the first time since Oct. 2008, gas prices have risen to an average of $3.05 a gallon in the Wilkes-Barre/Scranton, Pa. area, according to AAA Mid-Atlantic. The national average price of self-serve regular gas sits…
Kroger Names SVP of Retail Operations
The Kroger Co. has named Geoffrey Covert senior vice president of retail operations, effective Jan. 1, 2011. Covert, 59, joined Kroger in 1996. He has served as president of the company’s Cincinnati/Dayton Division for the past six years. Previously, he served as senior vice president and president of Kroger Manufacturing. Before joining Kroger, Covert worked…
NCSU Scores Narrow Lead In Battle for Bean Street
Cary, N.C.-based The Pantry Inc., has announced more than 20,000 University of North Carolina, NC State University and Duke University branded coffee cups have been purchased at Triangle Kangaroo Express locations since the start of the Battle for Bean Street competition three weeks ago. For the first time in a single collaborative campaign, Kangaroo Express…
Employment Outlook Shows Promise
Employers’ hiring plans for the upcoming first quarter are “the most promising” in more than two years, on a seasonally adjusted basis, according to the Manpower Employment Outlook survey published Tuesday. A seasonally adjusted net 9% of firms said they expect to hire in the first quarter, the largest percentage since the fourth quarter of…
AWMA Announces Education Sessions
The American Wholesale Marketers Association (AWMA) plans to offer more than 18 hours of education during the 2011 AWMA Show scheduled to take place Feb. 8-10, 2011 at the Paris Hotel in Las Vegas. “Distributors, brokers, retailers and manufacturers will experience an entirely new event as we continue on the path to re‐invent the Show…