pump prices dropping

EIA survey says gasoline down for the third straight week. U.S. retail gasoline prices fell for a third straight week, dropping 3.6 cents to $3.06 a gallon, according to the Energy Information Administration (EIA). But drivers are still paying more at the pump than they were a year ago. The national average price for regular

lewis group acquires shell stores

Deal includes 10 stations and increases minority ownership of the fuel brand. Building on its commitment to increase minority opportunities throughout the Shell retail network, Motiva Enterprises LLC said The Lewis Group LLP (TLG) will acquire 10 of its Shell-branded convenience stores in the Houston marketer. “We are proud to be members of the Shell-branded

profits jump at caseys

C-store chain also announced Ronald Lamb will retire as an executive officer effective April 30. Casey’s General Stores Inc. said second quarter profits increased 62% to $27.7 million from $17.2 million a year ago. Sales for the quarter, which ended Oct. 31, totaled $1.19 billion, up from $1 billion a year ago. Ankeny, Iowa-based Casey’s,

san fran bill could hurt refiners

City Supervisor wants oil companies to sell off their company-owned gas stations within two years. A San Francisco City Supervisor Tom Ammiano has introduced legislation that could radically alter the city’s gas station and convenience store market. Ammiano proposed that oil refiners be required to sell off their company-owned gas stations within two years. The

tea for two

Mega partnership creates new ready-to-drink Bigelow Tea and first-ever AriZona hot teas. Bigelow Tea and AriZona Beverages are teaming up to offer retailers and tea drinkers a new line of bottled ready-to-drink chai teas as well as new hot tea flavors. The partnership marks a debut for both companies, with Bigelow entering the bottled, ready-to-drink

nacs adds medical coverage

Partnership with Financial Marketing Concepts offer discounted health care for uninsured employees. NACS has teamed with Financial Marketing Concepts Inc. to offer a new member benefit that provides discount medical coverage for uninsured employees. The program, Med Values Plus, helps NACS member companies provide discount medical coverage for uninsured employees at a fraction of the

big news from hot stuff foods

Big Stuff 52-inch pizza launched to cater to big parties and appetites. Hot Stuff Foods CEO John Fontana had one request from the company’s research & development team: “Give me wow!” Responding to the order, the company has developed the Big Stuff Crowd Pleaser Pizza – a 52 inch party pizza ideal for “wowing” hearty

domestic dominance

Beer sales make up a big chunk of c-store sales. To keep it that way, retailers are taking new approaches to fend off the competition. The beer category has earned its spot in conveniencestore cold vaults. Despite the fact that the limited demographicand space restraints steal some of the product’sfull margin-growing potential, it’s still a

jamba juice coming to a store near you

Nestle USA to sell the popular beverage brand in grocery stores in eight states and quickly expand into convenience stores. Nestle USA is planning to sell smoothie maker Jamba Inc’s drinks at grocery stores in eight states in the western United States, the Wall Street Journal reported in its online edition. The deal is Jamba’s

us foodservice market booming

New report claims gourmet/premium foods and drinks industry should rise to $96 billion by 2012. “Gourmet, Specialty and Premium Foods and Beverages in the U.S” reports that connoisseurs craving gourmet, specialty and premium foods and drinks, consumed mass quantities in 2007 valued at $59 billion, a growth of 10.9% over 2006, according to a study

duncan petroleum completes sale

Deal includes 19 Mid-Atlantic stores to an unnamed buyer. Duncan Petroleum Corp. has concluded the successful sale of its retail and commercial business to an established Mid-Atlantic multi-branded wholesaler. Terms of the deal for the Dover, Del.-based chain were not disclosed. The deal, according to company president Bob Duncan, included 19 retail petroleum sites, a

csd comes full circle

Convenience Store Decisions Group acquired by Harbor Communications, a publishing firm led by CSD founder Bill Donohue, Dan Ramella and Tom McIntyre. The Convenience Store Decisions Group has been acquired by Harbor Communications, the Westlake, Ohio-based publisher of Club & Resort Business. Terms were not disclosed. The deal, which includes Convenience Store Decisions magazine, CSDecisions.com,

giant foods heavily targeting fuel customers

Supermarket chain plans to aggressively grow gas station count. Giant Food Inc. is building a gas station at one of its stores and looking for opportunities to put up others as it joins a national trend among supermarkets aiming to be a “one-stop shopping experience.”The supermarket began construction on a gas station at its Pasadena,

lykins oil acquires wilson oil co

The company to offer five major fuel brands: BP, Marathon, ExxonMobil, Shell and Clark. Lykins Cos. has purchased London, Ky.-based Paul R. Wilson Oil Co. Inc. Terms of the deal were not disclosed. Founded in 1956 by Paul R. Wilson, the company has a deep tradition in the community. In 1970, Mike Hamm, Wilson’s son-in-law,

tescos us plans taking flight

UK megaretailer looking at dozens of California sites for rapid expansion. Only three weeks after opening its first American stores, near Los Angeles, Tesco is looking at dozens of sites in Northern California as it seeks to extend its Fresh & Easy convenience chain. It is part of the supermarket’s expansion drive in the U.S.

sheetz honored in pennsylvania

Chain recognized as top firm to work for in the state…again. Best Places to Work in Pennsylvania ranked Sheetz Inc. No. 12 on its list of 100 top companies for 2007 and the top retailer among them. The Altoona, Pa.-based convenience store chain has been given that honor for the past six years. Sheetz, which

COUCHE-TARD HONORED AS CHAIN OF THE YEAR

COUCHE-TARD THROUGH THE YEARS ALAIN BOUCHARD STARTED Alimentation Couche-Tard with one store in 1980. In 1986, with a network of 34 stores, a predecessor of Couche-Tard completed an initial public offering and listed its shares on the Montreal Exchange. After establishing a leading position in Quebec, Couche- Tard expanded through internal growth and acquisitions in

A True Up and Comer

LIKE A LOT OF people in the industry, Terry Johnson, director of marketing for Chester, Va.-based Uppy’s/Southside Oil, got his start by working the cash register at a local c-store while earning his business degree. Soon after graduation, Johnson became a store manager, the fi rst step toward his 30-year career in the business. Johnson,

THE GIVING SEASON

Green H. Oil Co.’s five company operated stores kicked off its main fundraiser of the year—The Empty Stocking Fund— by collecting $3,000 in just 10 days. According to Green Oil’s Director of Marketing Jim Callahan, the company hopes to exceed the $20,000 it raised last year that assured 1,100 children woke up to presents under

Double Kwik to Sell 57 Local Stores

WISE, VA.-BASED DOUBLE KWIK Markets has entered into plans to sell its 57 convenience locations to Mechanicsville, Va.-based GPM Investments. GPM plans to convert the entire Double Kwik chain to its Fas Mart brand across Southwest Virginia and Tennessee. According to David McComas, CEO of GPM, the acquisition is a “natural extension of where we’re

Kum & Go Launches New Coffee Line

KUM & GO IS ASKING customers to “Taste the Difference” with Java Ridge—the company’s new premium coffee line, which was introduced at its more than 450 c-stores in 13 states. The launch of Java Ridge Premium Coffee is the culmination of an 18-month search by Kum & Go for the best tasting and highest quality

Circle of Partnership

DAVID DELRAHIM HAS ROOTS all over the globe, coming to America before college and settling in Philadelphia. He then moved out West to finish his education at the University of Southern California. Always fascinated with old service stations, he bought his fi rst site in 1983 and continued to operate multiple stores over the years.

Susser Raising $200M for T&C Deal

CORPUS CHRISTI, TEXAS-BASED SUSSER HOLDINGS, operator of 330 convenience stores in Texas and Oklahoma under the Stripes banner, is in the process of acquiring San Angelo, Texas-based Town & Country Food Stores, operator of 140 c-stores in Central and West Texas and Eastern New Mexico, for $361 million. To fund the transaction, Susser has priced

BIC’S PAT CORDLE LEADS NEW NACS SUPPLIER BOARD

NEW NACS SUPPLIER BOARD CHAIRMAN Pat Cordle, vice president of sales and marketing for Bic Corp., leads the new slate of officers who will serve on the 2007-08 NACS Supplier Board that was announced during the Supplier Board meeting at the NACS Show 2007 in Atlanta. In addition, Brad Heetland, director of east area sales,

Balmar Petroleum Rebranding to 7-Eleven

RICHARD ONESLAGER, PRESIDENT of Firsthand Management LLC, the retail operating arm of Balmar Petroleum, a petroleum fuels distributing company headquartered in Centennial, Colo., has finalized a deal with 7-Eleven Inc. making him a 7-Eleven Business Conversion Program (BCP) franchisee for his stores in Northern Colorado. The 10 stores that will be franchised with 7-Eleven will

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