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Managing Your Workforce

Labor scheduling can be a complex, time-consuming and tedious task, but if it’s not done right it can be costly, in terms of wasted money and lost customers. By Marilyn Odesser-Torpey, Associate Editor. Managing labor hours is just one of a handful challenges human resources managers face every day and St. Joe Petroleum is no

U.S. Retail Gasoline Average Drops as Crude Supply Builds

Brian L. Milne, Energy Editor, Schneider Electric The Energy Information Administration (EIA) said its U.S. gasoline price average for regular grade sold at retail outlets across the U.S. dropped 7.1 cents to its lowest point in two years, eight months at $3.194 gallon during the week-ended Nov. 11, with the average down 25.5 cents from

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Bottoming Action for Gasoline Futures?

By Brian L. Milne, Energy Editor, Schneider Electric The nearest delivered gasoline futures contract—reformulated blendstock for oxygenate blending, fell below $2.50 gallon in trading on the New York Mercantile Exchange for the first time since 2011, trading at a $2.4945 23-month low Nov. 7. The contract, which has technical support at the $2.4440 gallon November

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Bolla Conquers the Big Apple

In a market that has traditionally been difficult for c-stores, Bolla Oil is thriving with an upscale new store design, a strong foodservice program and an impressive real estate portfolio. By John Lofstock, Editor. Surviving in New York’s cutthroat retail environment is difficult. But for Harry Singh (pictured above), failing to succeed was never an

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Gasoline Prices Tumble as U.S. Crude Supply Builds

By Brian L. Milne, Energy Editor, Schneider Electric Seasonal weakness has dovetailed with building crude supply in the U.S. to pressure gasoline values with retail prices last tallied at a 10-month low while in futures trading the nearby contract is retracing the down move to the November 2011 low at $2.4440 gallon. November is prime

TravelCenters of America Opens New Petro Stopping Center

New location in Pearsall, Texas offers numerous full-service professional driver amenities, including Wi-Fi, CAT weigh scale, and ATM, check cashing and TripPak services. TravelCenters of America LLC (TravelCenters), operator of the TA and Petro Stopping Centers travel center brands, has announced the acquisition and rebranding of the newest Petro, located at I-35, Exit 101 (110

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Libya Output Cuts, Wavering on Fed Tapering Supports Gasoline

By Brian L. Milne, Energy Editor, Schneider Electric After sliding to a 16-month low Oct. 24 at $2.5417 gallon, New York Mercantile Exchange November RBOB futures rallied 10cts through Monday (10/28), underpinned by technical support, news Libya oil production was sharply reduced and on market expectations the Federal Reserve would continue its bond buying program

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Wholesale Gasoline Prices Slide Mid-October

By Brian L. Milne, Energy Editor, Schneider Electric Wholesale gasoline costs moved lower mid-October, declining despite little change in the week-over-week value for gasoline futures through Oct. 18, with the New York Mercantile Exchange RBOB futures contract rallying to a one-month high at $2.7240 gallon Oct. 16 on news a deal to end the government

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Paper Gains to Arrest Retail Gasoline Price Slide

By Brian L. Milne, Energy Editor, Schneider Electric In the U.S. gasoline market, it’s not unusual for retail prices to slow or even reverse their September decline in October, underpinned by seasonal refinery maintenance which reduces output that, in turn, pressures crude prices. As the U.S. remains in political gridlock, unable to reach deals on

Even Greater Success Is Possible, Says NACS Chairman Dave Carpenter

The convenience store industry has seen phenomenal success and growth while other channels have faced challenges, but even greater success may be possible as it continues to evolve, stressed 2013-2014 NACS Chairman Dave Carpenter before a standing-room-only general session audience at the NACS Show. “I don’t think it’s any stretch to say that many of

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The Convenience Store Decisions Group Acquires Convenience Directions

Deal combines two distinct high-caliber, talented and creative teams to better serve the convenience store and petroleum industry. Harbor Communications, the parent company of The Convenience Store Decisions Group, today announces that it has completed the acquisition of Convenience Directions, an information exchange group headed by venerable convenience store industry experts Joe Leonardo and Randy

Gas Price Fluctuations Fuel Convenience Channel Opportunity

Convenience stores with gas pumps average 277 fill-ups each day, IRI study finds. Volatile gas prices cause convenience store shoppers to think twice about fueling up and making in-store purchases. Unfortunately for convenience store marketers, control over gas price fluctuations is out of their hands. However, according to the latest IRI Point of View, “Gas

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Retail Gasoline Prices Continue Slide Amid Seasonal Weakness

By Brian L. Milne, Energy Editor, Schneider Electric Retail gasoline prices tracked by the Energy Information Administration (EIA) were under pressure in September, with their national average for regular grade gasoline registering a fourth consecutive weekly decline through the week-ended Sept. 30 at $3.425 gallon, an eight-month low. It’s unclear if the EIA would update

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Sunoco Acquires Mid-Atlantic Convenience Stores, Converting Stores from BP

UPDATE 12:32 p.m.: PARAGRAPH TWO ON REBRANDING CSD has learned that all of MACS BP-branded locations are currently being converted to the Sunoco brand. Sunoco Inc. today reported that is has acquired Mid-Atlantic Convenience Stores (MACS). CSD has learned that Sunoco is currently in the process of converting all of MACS BP-branded locations over to

Iran Thaw, Beltway Standoff, Seasonal Feature Pressure Gasoline

Brian L. Milne, Energy Editor, Schneider Electric Seasonally, gasoline prices trend lower this time of year from higher summer values, albeit if the industry is not battling supply disruptions caused by a hurricane, with the peak storm season for the Atlantic Basin from late August through September. The hurricane count has been light this season

Rocky Top Acquisition Details

CSD speaks with Steve Kirkham, owner of Rocky Top Markets about the recent acquisition. Lehigh Gas Partners LP completed the acquisition of Rocky Top Markets LLC and Rocky Top Properties LLC in Knoxville, Tenn. last week for $36.9 million. Lehigh Gas Partners paid $10.6 million at closing for the purchase of one fee property site,

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Uncle Neal’s Partners With KickBack Rewards to Roll Out Loyalty Program

The 10-store Nebraska convenience store chain launched Uncle Neal’s Rewards to drive new business and reward its existing customers. Uncle Neal’s, a family-owned and -operated convenience store chain in Hastings, Nebraska, has announced the launch of a comprehensive customer loyalty program that offers customers ways to save money, earn points and get rewarded for purchases

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Gasoline Futures Contract Tumbles to Nine-Month Low

By Brian L. Milne, Energy Editor, Schneider Electric The nearest delivered New York Mercantile Exchange gasoline futures contract, known by the acronym RBOB, slide Sept. 17 to its lowest point since mid-December 2012, trading down to the mid-$2.60s before rallying a dime from a near double bottom low Sept. 18 after the Federal Reserve announced

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Balloon Ride Excursion Fulfills Promise

On Friday, Sept. 13, 2013, Pilot Lynn Huppert, Michele Huppert and Tony Huppert, owner of Team Oil Inc. of Spring Valley, Wis., collected on a promise made nine years earlier. In 2004 a Hot Air Balloon Fund Festival was held at the Spring Valley, Wisconsin High School to raise money to offset fees for students

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Wholesale Gasoline Prices under Pressure Amid RVP Transition

By Brian L. Milne, Energy Editor, Schneider Electric Wholesale gasoline costs moved mostly lower during the second week of September, pressured since Labor Day, with the holiday signaling the end of the driving season when demand eases from summer highs. The decline came despite curious rhetoric over the Syrian crisis, and later in the week

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Maintaining Data Security Standards

While many retailers are breathing a sigh of relief in regard to PCI compliance, Visa and MasterCard are constantly changing the rules, requiring stores to make costly changes and upgrades. By John Lofstock, Editor. When it comes to data security, all retailers need to be prepared for the worst scenario, but that can’t happen if

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Outages at Refineries in California to Lift State’s Retail Prices

By Brian L. Milne, Energy Editor, Schneider Electric A string of outages at refineries in California during the first week of September spiked spot gasoline prices in the state with those costs to be passed through the supply chain to retail outlets, pushing pump prices there higher despite a lower trending New York Mercantile Exchange

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The Hershey Co. Shares Growth Strategies

During a media day with trade press editors on Sept. 4, executives from The Hershey Co. revealed its plans and strategies for “disciplined, sustainable growth” over the next 20 years. The Hershey Co. aims to maintain the No. 1 market share in North America, and to be among the top three in emerging markets, such

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U.S. Gasoline Market Exits Peak Demand Season

By Brian L. Milne, Energy Editor, Schneider Electric The session before expiring on the last business day of August, the September gasoline futures contract rallied to a $3.1095 gallon six-week high on the spot continuation chart, spurred higher by concern over U.S. military intervention in Syria in response to evidence the Syrian government used the

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KickBack Rewards Systems Kicks Off Fantasy Football Season

Cardholders can build their Fantasy Football team when using their KickBack card at participating locations and will compete against other KickBack cardholders for a chance to win two tickets to The Big Bowl Game, February 2, 2014 at the MetLife Stadium. With the start of the 2013 National Football League season, KickBack Rewards Systems is

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