Former president of Standard Oil was 89. John E. Swearingen, oil executive and well-known defender of the industry in the energy crisis of the 1970s, died on Friday in Birmingham, Ala. He was 89 and lived in Chicago, according to the New York Times. Swearingen presided over Standard Oil of Indiana, one of the companies…
the end of driveoffs in kansas city
New ordinance dramatically cripples gas thieving. A city ordinance requiring motorists to prepay for gas has reduced the number of drive-offs from more than 1,100 in 2005 to virtually none over the past 13 months, according to an Associated Press report. The ordinance took effect last summer. Since then only 24 drive-offs have been reported…
nyacs awards 2007 scholarships
Six students receive a total of $4,500, a new high for the program. The New York Association of Convenience Stores (NYACS) has awarded six students for the 2007 NYACS Scholarship Foundation scholarships totaling $4,500. It’s the largest total awarded in the seven-year history of the program, thanks largely to a generous $2,500 contribution by the…
united fuelenergy acquires sc fuels cardlock
Frank Greinke will continue to lead company. United Fuel & Energy Corp., a distributor of gasoline, diesel, propane and lubricant products to customers in the markets of the southwestern and south central U.S., reached a deal to acquire Cardlock Fuels System Inc., the cardlock operation of SC Fuels. SC Fuels operates 23 unattended fueling facilities…
tesco unveils expansion plans
Chain reveals three new store locations added, as well as an estimated opening date. Tesco has unveiled plans to open in the U.S. as early as November, adding three more Fresh & Easy Neighborhood Markets to its list of stores. The chain plans to have up to 50 stores launched by February 2008 in California,…
couchetard named convenience store decisions chain of the year
Under CEO Alain Bouchard, the marketer has built an extensive c-store network in the U.S. and Canada. In a year where several top convenience store companies distinguishedthemselves with new store prototypes,increased sales and strong financialportfolios, Alimentation Couche-Tard Inc.stood out from the crowd by cementing itsposition as a dominant marketer in the U.S.and Canada. As a…
pricing for the future
Town & Country is among the chains investing in price optimization software to manage fuel sales. Gasoline retailers are currently facing an unstablemarket, where prices are in aconstant flux and the slightest miscalculation can cost them dearly. Tostay on top of their game, retailers areinvesting in new price optimization software technologies to help manage fuelpricing…
service to the fleet
Proprietary cards aimed at the trucking industry help retailers increase volume and in-store sales, while fending off costly processing fees. Retailers are caught inan endless battle at the gaspumps—fending off high payat-the-pump processing fees on credit cards, while trying to keep their customers from floating over to lower-pricedbig-box competitors. To do this, retailersare taking advantage…
getting the most out of fuel consumers
“High gasoline prices have not changed Americans’ driving habits but they have significantly changed their purchasing habits, as price is by far the No. 1 reason why drivers select a specificgas store. In fact, more than one out of four drivers say they change their behavior to save as little as one penny per gallon.”…
quiktrip puts out the lights for minors
New store policy prevents anyone under 18 from purchasing lighters or matches. Cigarettes aren’t the only product requiring proof of age at QuikTrip stores these days. In response to a campaign by firefighters in Johnson County, Kan., to prevent children from playing with fire, the chain has changed its policy and now requires customers to…