Starting this month, gas station attendants in the state of Oregon are not allowed to overfill gas tanks because of new state Dept. of Environmental Quality (DEQ) regulations, Illinois Valley News reported. The ban on “topping off,” or continuing to fill a gas tank after the nozzle clicks off, is being instituted in
Archives for July 2009
Hoosiers for Beverage Choices is appealing to Indiana consumers to join the effort to modernize Indiana’s alcoholic beverage laws. Hoosiers for Beverage Choices (HBC) is a statewide, consumer-driven effort that is aspiring to change what they call the “antiquated” liquor laws in Indiana, to allow residents more choice and convenience in how and where they
Sales in carbonated beverages have plateaued and even decreased slightly during the past five years, Brandweek reported. From 2003-2008, Mintel, a Chicago-based market research company, estimates the regular soda segment lost 15.6 million consumers age 18 and up, and the diet soda segment only added half as many, or 7.8 million adult consumers.
Based on huge swings in oil prices this year, federal regulators said Tuesday that they were considering new restrictions on “speculative” traders in markets for oil, natural gas and other energy products, the New York Times reported. For the past two decades a more hands-off approach was the norm in market regulation, but
Already, 7-Eleven Inc. has acquired between 1 million and 1.2 million signatures on its in-store petitions, which ask Congress to regulate interchange rates, Digital Transactions magazine reported Tuesday. The company anticipates gaining 3 million customer signatures by the end of the petition drive on Aug. 10, according to an executive with 7-Eleven.
By Brian L. Milne, Refined Fuels Editor for DTN Retail gasoline prices are moving lower across the country following the July 4th holiday as national inventory levels increase while growth in the consumption rate remains elusive. Wholesale costs fell during the first week of July, and are poised to extend the downslide post
7-Eleven Inc. is using its 6,300 U.S. stores to try to gather one million signatures on petitions in an attempt to encourage Congress to change what 7-Eleven calls unfair and excessive credit card transaction fees, the Dallas Morning News reported. Credit card companies charge retailers a fee for every transaction they make with
Hyundai celebrated the start of Fourth of July weekend, one of the busiest travel weeks of the summer, by giving customers a welcome break from heavy gas prices. The company teamed with Atlas Oil Company, which hosted the $1.49 Hyundai Fuel Fill Up event, a one-day promotion that was offered in the three
Stores magazine released this year’s Top 100 Retailers chart, ranking companies in the retail industry by sales volume. The results revealed many of the largest retail companies in the U.S. experienced lower earnings compared to the previous fiscal year, and those that did experience gains in earnings, such as Wal-Mart (5.3%) saw single digit
As the summer selling season hits its peak, operators must hone best practices to increase market share. Gazing through my crystal ball, I see it boldly predicts summer 2009 is going to bring some very solid sales numbers, indeed greatly increased sales for much of the country. Moreover, as you view this issue of Convenience
Generex Biotechnology Corp., a leader in drug delivery for metabolic diseases through the inner lining of the mouth, has announced the expansion of its confectionary products’ availability throughout North America with the following products aimed at boosting impulse sales. New prodcuts include: * BaBOOM! Energy Spray, which offers consumers a convenient boost of
Paying for online entertainment without a credit card just got easier for conveneince store custoemrs, thanks to a partnership between Coinstar and Rixty. The e-commerce company launched its new cash-based payment system at more than 10,000 retail locations. Now anyone with cash and coins can convert that money into online purchasing power across an exciting
Gulf Oil L.P. is now providing financing options to its distributor and dealer network through a new partnership with Patriot Capital Corp., which is the nation’s leader in equipment finance for the retail petroleum industry. The new relationship enables Gulf to provide flexible financing options to distributors and dealers interested in obtaining new equipment.
Red Lion, Pa. resident Lowell Sipe just got back from vacation. Rutter’s is sending him on a second one–from gas prices. Sipe is the first winner of Rutter’s summer gas giveaway, “Fuel Up Free!” Sipe accepted his grand prize at the Rutter’s in York Township, Pa. A total of eight customers will receive free
New York City officials have begun cracking down on gas pumps rigged to charge more for less gas ahead of the July 4th holiday weekend. Pump inspections led to the immediate shutdown of 227 pumps in the Big Apple, The New York Post reported. One reason for the sweeps was a 40% increase in
7-Eleven Inc. has launched a new program to make it easier for those who served in the U.S. Armed Forces to have the opportunity to own their own business. This July, the convenience retailer is launching a new military veterans franchise program that offers discounted franchise fees to retired or separated veterans of
The Florida state tax on cigarettes jumped to $1.34 a pack Wednesday, marking a 294% increase in the state excise tax, the Miami Herald reported. The increase follows a 159% increase in the federal cigarette tax, from about 39 cents to $1.01 a pack, on April 1. In addition, some Big Tobacco companies
Sheetz Inc., Altoona, Pa., which operates more than 350 c-stores in Pennsylvania, West Virginia, Maryland, Virginia, Ohio and North Carolina continues to expand its reach, as it opens a new store in Strongsville, Ohio. “It is always exciting for us to expand into a new area,” said Stan Sheetz, president and CEO of
7-Eleven Inc., Dallas, has joined forces with Paramount Pictures to promote the Aug. 7 release of the new action movie, “G.I. Joe: The Rise of Cobra.” The c-store is starting a promotion Wednesday that will feature a new G.I. JOE-themed true-blue Slurpee flavor called Liquid Artillery, a summer fruit blend of strawberry, pineapple
SemGroup LP is set to sell off much of its SemFuel refined petroleum unit to Tulsa-based QuikTrip Corp. and Magellan Midstream Partners LP for a combined price tag of $37 million, according to the Tulsa World. If the deal goes through, QuikTrip, which has 500 convenience stores in nine states, will be purchasing
Mounting cigarette costs are driving smokers to test cost-effective tobacco alternatives, such as roll your own (RYO). The 2009 NACS State of the Industry report, which polled 156 retail firms with 20,553 stores as of December 2008, found that pipe and cigarette tobacco sales had the strongest growth of all tobacco products and were up
The retail sector is still struggling overall, but as some segments continue to sink, others rise. American consumers are still buying billions of dollars of candy each year, and this isn’t changing as they resist making major purchases. Even during a recession, American consumers still have a sweet tooth, which explains why gum and candy
It’s costing more than ever to build new convenience stores, according to the NACS’ 2009 State of the Industry report. This news comes at a time when the economy is dragging down sales and profits. As a result, operators face a crucial challenge as they try to grow business organically: build or renovate? The answer