Archives for January 2009

SCHIP Passes in U.S. Senate

The U.S. Senate passed the SCHIP legislation including all of the cigarette and tobacco tax rate increases by a 66-32 vote. An amendment to lower the RYO tax rate and eliminate the floor stocks tax was not offered. The bill, passed by the U.S. House early this week, now has to either go to a

Hershey: Our Peanut Butter Is Safe

The Hershey Company is reaffirming an announcement it made earlier: None of its products have been affected by the recent recall of items produced by the Peanut Corporation of America. Hershey said Thursday it does not purchase peanut butter, peanuts or any peanut products from the Peanut Corporation of America (PCA). PCA is a Virginia-based

Hershey: Our Peanut Butter Is Safe

The Hershey Company is reaffirming an announcement it made earlier: None of its products have been affected by the recent recall of items produced by the Peanut Corporation of America. Hershey said Thursday it does not purchase peanut butter, peanuts or any peanut products from the Peanut Corporation of America (PCA). PCA is a Virginia-based

Kentucky Gas Stations Settle Gouging Claims

The Kentucky Attorney General’s office has accepted a $107,500 settlement from eight gas stations that were accused of gas-price gouging in the wake of Hurricane Ike last September, reported. Five stores owned by Pilot Travels Centers (located in Corbing, Williamsburg, Middlesboro, Franklin and Oak Grove) agreed to pay $100,000 as part of the settlement,

Fontana Steps Down at Hot Stuff

By John Lofstock, Editor Spending five days a week on the road for two years eventually takes a toll on even the most hardened sales executive. Citing a willingness to spend more time at home and a few weeks off to recharge his batteries, John Fontana resigned yesterday as president and CEO of Hot Stuff Foods and

McLane Leaps into Fresh Foods

The industry leading grocery distributor is taking perishable goods distribution to the next level, enabling retailers to sell the freshest products while increasing incremental sales. McLane Co. Inc. announced that its much-anticipated FRESH on the GOTM program is now available to convenience stores across the continental U.S. FRESH on the GO, which takes advantage of

NATO Urges Action on Amendment to SCHIP Bill

The National Association of Tobacco Outlets (NATO) said today every NATO member, their employees and customers need to call their two U.S. Senators immediately to urge them to vote in favor of an amendment to the SCHIP bill which calls for a reduction in the tax on roll-your-own tobacco from $24.78 per pound to $2.83

7-Eleven Gets ’Fresh’

7-Eleven Inc. gets “fresh” with customers with the opening of the company’s environmentally in-tune Commissary and Combined Distribution Center (CDC) in Bohemia, N.Y. At the new mixed-use facility, unveiled in a ceremony yesterday, fresh foods will be prepared and delivered to 674 7-Eleven stores in New York, New Jersey and Pennsylvania. The 130,000-square-foot facility is

Kum & Go CFO Receives Top Award

West Des Moines, Iowa-based Kum & Go said its CFO, Craig Bergstrom, is the 2009 recipient of the Prairie Meadows CFO of the Year Award presented annually at the Des Moines Business Record Economic Forecast event. The awards recognize Central Iowa CFOs who have played a critical role in the success of their companies through

In 2008, Big Things Were Small

Less was definitely more in restaurants last year, according to Mintel Menu Insights. A look back at menus from 2008 shows that three of the year’s top trends were related to downsizing: mini food, value pricing and lighter food options, largely the result of increased nutrition labeling laws, according to Mintel Menu Insights. “2008 was

Bud Light Lime, A Peach In Convenience

Bud Light Lime was named the top-selling new product in the convenience channel in 2008 by Information Resources Inc. (IRI). Based on dollar sales for the 52-week period ending Dec. 28, 2008, of all new products introduced in the U.S. convenience channel for the year (as tracked by IRI’s AllScan Convenience Store Tracking service), Bud

Fuel Frenzy Continues

By Brian L. Milne, Refined Fuels Editor for DTN The steady trend higher in retail gasoline prices across the U.S. since the start of January could stall in some metropolitan markets as month-end nears. Wholesale gasoline prices across the country moved lower in most markets during the week leading up to Jan. 26 as driving

QuikTrip Makes Short Work of Top 100 List

Tulsa, Okla.-based convenience retailer QuikTrip was listed as No. 27 among the “100 Best Companies to Work For” in the U.S. in Fortune Magazine’s February 2009 issue. Also on the list was San Antonio, Texas-based Valero Energy, which ranked No. 93. In a story in the Tulsa World, QuikTrip President and CEO Chet Cadieux said

Atlas Adds Two For Fuel, One For Retail

Atlas Oil Company is growing its ranks again, both on the fuel distribution and retail management sides of its business. Don Jensen has joined Atlas as vice president of supply, while Greg Bower has joined as biofuels business development director. Both men will be based in Atlas Oil Company’s Houston, Texas, office, where they’ll interact

ExxonMobil Recommits To NASCAR

ExxonMobil said it has renewed a long-standing official partnership with NASCAR to keep its Mobil 1 motor oil and Mobil-brand lubricant products as NASCAR’s “Official Motor Oil” and “Official Lubricants.” The new agreement extends the partnership to 2012. The 2009 NASCAR season will mark the seventh consecutive season in which Mobil 1 has been the

Bob Evans Changes Management

Bob Evans Restaurants announced that President Roger Williams is retiring after nearly 42 years with the organization, and he’ll be replaced by two men who will split the head spot at the company. The transition will also entail other leadership changes, all of which will take effect early in February. Williams will stay on board

Senate Begins Debating SCHIP

Senate Majority Leader Harry Reid, (D-Nev.) and Sen. John Rockefeller, (D-W.Va.) announced that the Senate plans later today to begin work on expediting the reauthorization of the State Children’s Health Insurance Program (SCHIP), which could have a devestating impact on tobacco sales and profits. The bill intends to retain coverage for 6.7 million enrolled children

Going Green

Crescent Oil is advancing alternative fuel infrastructure through the purchase of Dresser Wayne Ovation iX fuel dispensers and the Fusion Universal Site Controller. The fuel supplier plans to implement more than 600 new dispensers throughout its more than 150 retail locations across the Midwestern United States. As a result, the sites will be able to

Sheetz Plans Aggressive Expansion in West Virginia

Sheetz Inc. is aggressively pursuing local markets in West Virginia with plans to open seven or eight new stores in the Huntington and Charleston metro areas. The Altoona, Pa. chain has yet to open a store in West Virginia south of Weston, said Errin Hensley, real estate project manager for Sheetz. After 2010, Sheetz might

Ky. Price Gouging Inquiry Ends

Eight retail gas stations will pay the state more than $100,000 to end a gas price-gouging investigation launched in the wake of Hurricane Ike last September, state Attorney General Jack Conway said. Five of the stations are owned by Pilot Travel Centers LLC, which will pay $100,000 in the settlement. They are in Corbin, Williamsburg,

Southern Maryland Oil partners with TelaPoint

Southern Maryland Oil has selected TelaPoint’s TelaFuel Internet software Smart Replenishment module for inventory management of its transport division, which supplies fuel to their Dash-In Food Stores and other wholesale fuel customers. Southern Maryland Oil will use TelaFuel, a browser-based application suite, to improve management of fuel purchasing, replenishment, truck logistics and invoice reconciliation operations

CITGO Overhauling U.S. Marketing

After navigating through a tumultuous 2008 marked by a slumping economy, hurricanes, volatile fuel prices and consumer unease, CITGO Petroleum Corp. said it will roll out enhanced brand programs that will continue to grow positive awareness and increase brand strength throughout 2009. This package of initiatives and programs will allow CITGO to further enhance its

Going With the Flow

Susser Holdings Corp. will standardize Xflo fuel meters in Ovation dispensers at new Stripes LLC convenience store and retail fuel locations. The Xflo meters will help Stripes sites in Texas, Oklahoma and New Mexico reduce the cost of fuel lost to meter drift, a considerable expense that can be as much as tens of thousands

The Winds of Change

Atlas Oil Co., Taylor, Mich., said it has completed its purchase of 57 convenience stores from BP Products North America in Chicago and it will begin supplying the sites immediately. The locations in the South Chicago Suburbs are a mix of company-owned and dealer-owned sites. Atlas will manage the sites from its South Bend, Ind.,

Cumberland Farms Partners with Aldata

Cumberland Farms Inc. reached deal with Aldata Solution Inc. to use its Apollo Web Publisher, a centralized merchandising collaboration platform for retail space planning. With approximately 1,000 outlets and 7,000 employees, Cumberland Farms will use Web Publisher to manage and distribute planograms, reports and merchandising information at each retail outlet to ensure greater levels of