Core-Mark Holding Co. Inc.’s Board of Directors has declared a quarterly cash dividend of $0.17 per common share. The dividend is payable on June 15, 2012 to shareholders of record as of the close of business on May 25, 2012. Core-Mark is one of the largest marketers of fresh and broad-line supply solutions to the [...]
“With her deep understanding of retail and consumer trends, her love of our industry and her strategic communications background, Ellen is the perfect candidate to re-imagine the possibilities for our Foundation,” says NRF CEO. The National Retail Federation announced today that Ellen Davis has been named senior vice president and executive director of the NRF [...]
Mac’s Convenience Stores has added social media to its crime prevention tactics in its Canadian convenience stores. Mac’s Stores inCentral Canadahave developed an innovative approach to augment its formidable crime prevention measures by using social media to help identify criminals through Facebook and Twitter. According to The Chronicle-Journal, Mac’s will use these social media outlets [...]
RaceTrac selects Projectmates for its flexibility, suite of business process workflows, and vast experience in the retail industry. RaceTrac convenience stores is leveraging Projectmates construction management software for its rapid expansion campaign. RaceTrac, which operates 320 retail gasoline convenience stores in five Southeastern states, is just one of the newest retail clients to adopt Projectmates—developed [...]
Dividend is payable on March 15. Core-Mark Holding Co. Inc., one of the largest marketers of fresh and broad-line supply solutions to the convenience retail industry in North America, announced today, Feb. 3, that its Board of Directors has declared a quarterly cash dividend of $0.17 per common share. The dividend is payable on March [...]
Julian Jackson, a former bantamweight boxer and a pioneer in the c-store industry, who founded Jackson’s Minit Marts and Lil’ Champ Food Stores, died last week. He was 98. Jackson was a member of the Jacksonville Sports Hall of Fame and the North American Boxing Federation Hall of Fame, the Times-Union reported. Born in Perry, [...]
Approximately $3.2 million dollars. That’s the savings thus far to the convenience and fuels retailing industry and their customers since the Durbin amendment took effect just yesterday, said NACS Chairman Jeff Miller during the NACS Show Opening General Session. Miller, who is president of Norfolk, Va.-based Miller Oil Co., said that the swipe fee reform [...]
“For the first time in over 10 years, total shoplifter and dishonest employee apprehensions, and the dollars recovered from those apprehensions all declined from the previous year,” says president of Jack L. Hayes International. Shoplifters and dishonest employees stole over $7.0 billion in 2010 from just 23 major retailers, according to the 23rd Annual Retail [...]
PetroProperties & Finance LLC is welcoming Ken Shriber, managing director of Petroleum Equity Group LTD. of Chappaqua, N.Y., to its team of petroleum professionals. Serving in the capacity of region vice president, Shriber and his company will exclusively represent PetroProperties & Finance from Delaware to Maine. “Ken brings to the PetroProperties & Finance network the [...]
The convenience and petroleum retailing industry are now celebrating the end of a nearly 10-year battle to rein in interchange fees. Yesterday, July 15, the U.S. Senate voted 60 to 39 in support of the financial reform package known as the Dodd-Frank Bill that contains the crucial interchange amendment, NACS reported. Thursday’s vote was the [...]
Assistant Senate Majority Leader Dick Durbin (D-IL) and key conferees have reached an agreement on the Wall Street reform bill, regarding his amendment regulating interchange fees, NACS reported. The agreement makes minor, clarifying changes to the language, which passed the Senate 64 to 33 on May 13, and responds to concerns raised by state governments [...]
Bethlehem, Pa.-based Just Born Inc., a confectionery manufacturer, has promoted Matthew Pye to vice president of brand development and corporate services. Pye returns to Just Born headquarters from North Carolina where he has been heading up the company’s Southeast Sales Division since 2006. In his new role, Pye reports to Matthew Petronio, COO and executive [...]
Dallas-based 7-Eleven Inc. is ready to expand in Las Vegas, with 15-20 more stores in the next three years. Starbucks, meanwhile has closed 12 locations in the area, Las Vegas Review Journal reported. The c-store chain already runs 160 convenience stores in Clark County, Las Vegas, but recently hired a commercial real estate firm to [...]
This afternoon, the state tax department of New York will issue regulations to collect taxes on cigarettes sold by Indian retailers, The Buffalo News reported. The new plan looks to collect the tax “upstream” rather than from Indian retail shops. Tobacco manufacturers will be required to sell cigarettes only to licensed stamping agents, certifying that [...]
Anheuser-Busch InBev NV’s U.S. division cut about 90 jobs in its sales division Thursday, including several vice presidents, some 350 other layoffs are occur in the coming months as part of the company’s restructuring, The Wall Street Journal reported. The job reductions linked to the reorganization are intended to help the world’s largest beer maker [...]