Can alcohol sales and an expanded array of food choices provide the boost White Castle is seeking? QSR chain White Castle, a 90-year-old hamburger chain that sells square “slider” burgers, has begun serving beer and wine in an Indiana location as part of a test program, the Chicago Tribune reported. And White Castle is not…
How to Boost the Value of Your Convenience Store
By Mike Handelsman, group general manager, BizBuySell.com and BizQuest.com. There’s no arguing that banks, potential investors and creditors look heavily to a company’s financial statements to determine its value. However, past financials often aren’t the whole story. Here are some additional factors to consider as you seek to maximize your company’s value – whether you…
The Simple Secret of Free Publicity
Whether you operate a large or small chain, there are deals to be made that can attract a lot of positive attention to your company. I know some of you don’t place much of a value on publicity, but when was the last time you priced the cost of a retail ad in the local…
Cultivating Loyal Customers
Savvy c-store operators are using customer loyalty/scan-data-analysis programs to improve merchandise planning, forecasting and point-of-sale (POS) data management, and to provide a technology platform for long-term growth. When done well, the inevitable result is to empower store personnel to react quickly, make more informed decisions and improve cost effectiveness, so they can simplify customers’ lives.…
Nice N Easy Named CSD’s 2009 Chain of the Year
Nice guys do finish first. Nice N Grocery Shoppes Inc., the Canastota, N.Y. operator of 82 convenience stores, was named Convenience Store Decisions’ 2009 Convenience Store Chain of the Year. Nice N Easy will be honored at an invitation-only gala at the Wynn Las Vegas during the NACS Show on Oct. 21. “The last line…
Cash Management
TOP PERFORMERS Tidel Engineering Triton Systems Brink’s Inc. HONORABLE MENTIONS Armor Safe Technologies Tokheim Operators in any retail channel will find it impossible to survive in today’s environment without a secure, accurate and reliable cash-management system, though convenience retailers in particular are faced with added challenges on this front. A tough economy increases theft internally…