Petroleum suppliers and c-store operators Ricker Oil Co., of Anderson, Ind., and Atlas Oil Co., of Taylor, Mich., were the big winners last month as part of BP’s plan to sell off its Midwest retail assets. Ricker Oil President Jay Ricker, who owns and operates 29 Ricker’s Convenience Stores throughout Indiana, said he more than…
Finding Balance
Whether it’s maneuvering the fine line between hard work and spending enough quality time with the wife and kids or walking home after one too many at the local pub, finding the right balance is the crucial difference separating success from a split lip. In his poignant memoir, “From Smart to Lucky: Leadership Lessons from…
Game Changers: Lessons Learned From the Election
The 2008 Presidential election will go down as one of the most dynamic elections in U.S. history. I have lived in my neighborhood for 10 years and have never seen an election that brought more diverse signage dotting the lawns around my home. The most interesting representation of this: A nearby house displayed signs for…
7-Eleven Continues Franchise Focus
7-Eleven Inc. said it is continuing its aggressive plan to convert the vast majority of its company-operated stores into franchised operations in the U.S. by 2012. The conversion of company-operated stores in some markets began in 2006, and approximately 4,100, or 75%, of more than 5,600 7-eleven stores in the U.S. are now franchised. Existing…
ExxonMobil Posts Record Quarterly Profits
Irving, Texas-based ExxonMobil beat analysts expectations and set new profit records for the third quarter as it reported net income of $14.83 billion – a 58% increase from the same quarter last year. "ExxonMobil’s strong results in the third quarter of 2008 demonstrate the continuedsuccess of our disciplined business approach,” said ExxonMobil CEO Rex Tillerson.…
Sheetz Opens Another N.C. Store
Sheetz Inc. said it has opened a store in Greenville, N.C., the fourth in that state for the Altoona, Pa.-based retailer. Doors officially opened to customers on Halloween, though employees are hosting a grand opening celebration on Nov. 6. As part of the opening-day celebration, Sheetz plans to make a donation to Greenville Parks and…
Wilson Farms Steps Up
New York c-store Wilson Farms and the Meals on Wheels Foundation of Western New York is asking customers to support the thousands of homebound elderly and disabled New York residents through the “Step Up to the Plate” program. Now in its fifth consecutive year with Wilson Farms, the fundraising campaign will run from Oct. 31…
NGA Endorses Pan-Oston
Retail-checkout product designer and manufacturer Pan-Oston is finding a strong supporter in the National Grocers Association (NGA). Pan-Oston’s checkout products include lanes, counters and self-checkout solutions, as well as other retail display products. The company is teaming with NGA, the national trade association representing the retail and wholesale grocery industry’s independent sector, to deliver products…
FuelQuest Appoints New President, CEO
Houston, Texas-based FuelQuest Inc., an on-demand software and services company for the global downstream energy industry, said it has appointed Matt Tormollen to succeed Rich Cilento as president and CEO. >Formerly executive vice president of the company’s Fuel Management Systems business, Tormollen will oversee all daily operations for FuelQuest. Cilento, meanwhile, will remain a strategic…
Sokolis Forms Merchant Services Division
The Sokolis Group, of Warrington, Pa., has formed a merchant services division it says will be headed by longtime fleet card expert Steven Fowler. Sokolis President Glen Sokolis said he has “been planning to expand the company to include working closer with petroleum marketers. When Fowler became available to help the endeavor, “it just all…