Archives for August 2009

Wisconsin Raises Cigarette Tax…Again

Despite a 2008 tax increase and the federal tax jump that hit just this spring, Wisconsin is again raising prices on smokers.  The price of a pack of cigarettes will increase by 75 cents to $2.52 cents per pack in Wisconsin tomorrow, Sept.1, the Associated Press reported. The tax will be the fifth highest in

Expanding In A Rough Economy

  Independent retailers seeking to expand their businesses are struggling to locate competitively-priced, quality properties, Talking Retail reported.   According to Allen Shepherd, director with property agent Christie + Co., despite lower priced properties that have cropped up because of the recession and the perception that the retail sector is currently a buyer’s market, top

Maverik To Open First Carson City C-store

  Maverik already has begun construction on what will be its first gas station convenience store in the Carson City, Nev. area, the Nevada Appeal reported.   The store is being built at College Boulevard and Research Way, and is scheduled to open in December. The Carson City location will be more than 4,600 square

7-Eleven Rocks Out With Band Contest, Guitar Cups

  7-Eleven Inc. is introducing “Battle of the Bands,” an in-store and online promotion that puts 28 bands from across the nation in a music video competition at and adds an in-store first: three colorful 32-ounce guitar-shaped Slurpee cups and a giant 54-ounce guitar-shaped Big Gulp cup.   The Big Gulp guitar cup is

Certified Oil Celebrates New Store

  Certified Oil Company, a leading operator of gas stations and convenience stores in Ohio, is holding grand opening festivities with a ribbon cutting ceremony on Sept. 1 to celebrate its new convenience store and gas station in Chillicothe.   The new store is located at 825 North Bridge Street.   Over the past year,

Shoppers Pick Convenience Over Cost

  Customers are choosing convenience over value these days, according to a yearlong shopper experience study currently underway by The Integer Group and M/A/R/C Research.   Data from the study shows that consumer priorities are changing from shopping around to save dollars to spending more money in an effort to save time.   “There has

Sheetz Opens 2nd Wheeling, W.Va. Store

  Sheetz increased its store count in the Wheeling, W.Va. area yesterday with a second store location.   The new store is located at 6 Cabela Drive in Triadelphia. Employees celebrated the new store with grand opening festivities yesterday, including a ribbon cutting ceremony at 3:30 p.m.   West Virginia Governor, Joe Manchin III was

PepsiCo Names Two EVP Appointments

  PepsiCo has announced two new executive employee promotions.   Tom Greco, a 23-year veteran has been appointed to the newly created role of executive vice president of sales for North America beverages. Additionally, Salman Amin, who has led PepsiCo’s business in the UK and Ireland, was named executive vice president sales and marketing at

The Pantry Names Marks to Succeed Sodini

  The Pantry Inc., headquartered in Cary, N.C., has appointed Terrance Marks to the role of president and CEO, effective Sept. 25.   With 1,679 stores in eleven states under select banners, including Kangaroo Express, its primary operating banner, the Pantry is the leading independently operated c-store chain in the Southeastern U.S.   Marks previously

7-Eleven Honors Kraft

7-Eleven Inc. will present long-time supplier-partner Kraft Foods Global Inc. with the company’s 2008 Retailer Initiative Award at its Business Partners Dinner Sept. 9 in Dallas.  Retailer Initiative is 7-Eleven’s strategy for providing customers with what they want through item-by-item management at each store.   Kraft was selected for its high level of partnership throughout

Hunt Brothers Pizza Introduces New Wings

  Hunt Brothers Pizza has announced its newest program, Hunt Brothers Wings, the perfect complement to the company’s well-known core pizza product.   Hunt Brothers Pizza is the largest distributor of fresh dough pizza to the convenience store market, with more than 6,000 locations in 28 states. Its new wings offering began stores in June, and

Thorntons to Open Six New Stores

  Thorntons has broken ground on six new sites, which are set to open for business by the end of December 2009.   Four of the new locations will open in Nashville,Tenn., expanding the market to 10 locations in 2 1/2 years. The additional two stores will open in Chicago and Champaign, Ill.   With

Lil’ Drug Store Products Celebrates 35 Years

  Lil’ Drug Store Products Inc., Cedar Rapids, Iowa, is celebrating its 35th anniversary as a pioneer in the non-prescription sample drug market that has changed health and beauty care in the convenience, grocery, drug and mass market retailing sectors.    What began in 1974 as a four-item product line available in Iowa, now serves customers,

Quick Chek’s Murphy Rides For A Cure

  As Quick Chek’s senior vice president Mike Murphy heads to Whitefish, Mont. on Sept. 3, to participate in the Juvenile Diabetes Research Foundation’s (JDRF) Ride to Cure Diabetes, he will not only attempt to bike 100 miles to support research to find a cure for type 1 (juvenile) diabetes, but will do so as

Appco Sale Pending

Florida Sunshine Investments, the same company that recently bought Crescent Oil Co. of Independence, Kan., is nearing the final stages of acquiring Appco, the convenience store chain in eastern Tennessee, which filed for bankruptcy earlier this year. NRC Realty & Capital Advisors LLC (NRC) is handling the Appco sale under direction of the bankruptcy court. Appco’s

7-Eleven Named One of 20 Top Franchises to Start

7-Eleven was named number three on Forbes magazine’s list of the “Top 20 Franchises to Start.” Forbes took many variables into account when deciding on the 20 companies, including the initial franchise fee; total locations (they wanted at least 50, but more was better); survival rates (they looked at the percentage of closings during the

Atlas Oil Company Makes Inc. 5000 List

  Inc. magazine has ranked Atlas Oil Company number 4,424 on its third annual Inc. 5000, an exclusive ranking of the nation’s fastest-growing private companies.   When the list is sorted by revenue, Atlas Oil Company is one of only two Michigan-based companies to make the Top 20, coming in at number 20.
 The list

Couche-Tard Profits More Than Double

  Alimentation Couche-Tard, based in Laval, Quebec, reported Tuesday that its profits more than doubled to $91.1 million USD during the first quarter, despite a 15% drop in sales, mainly caused by lower fuel prices, The Canadian Press reported.   The company, which operates stores under the Couche-Tard, Mac’s, Circle K and On The Run

Wawa Wanders Into New York Market

  Wawa, which operates more than 560 stores in Pennsylvania, New Jersey, Delaware, Maryland and Virginia, soon will be adding New York to its list of locations.   The convenience store chain is entering the Syracuse and central New York region in just one week, WSYR-TV Syracuse reported.   Following the closing of an area

NACS Asks for Retailer Input on Credit Card Fees

  NACS is looking for c-store retailers to complete an eight-question survey that would help give Congress more data about the impact debit and credit card usage has on retail operations.   The Credit Card Accountability, Responsibility, and Disclosure (CARD) Act of 2009, was signed into law this May, and contains measures that would strengthen

QuikTrip Takes On Tucson

  C-store chain QuikTrip has begun construction on its first location in the Tucson, Ariz. market, The Arizona Star reported.   The site is located at 2345 E. Irvington Road, and QuikTrip spokesman Mike Thornbrugh said he expected the 5,000-square-foot store with 16 gas pumps to be open by mid-January.   This site will mark

Junk Food Tax Debated

Can a tax on junk food cure obesity? Some politicians think it can work, just like cigarette taxes have been shown to help reduced smoking, The Chicago Tribune reported. Public health experts are pushing for extra taxes on foods and drinks that contain a high amount of calories but no nutritional value, and lawmakers in

Pump Surge

By Brian L. Milne, Refined Fuels Editor, Telvent DTN   Wholesale gasoline costs moved higher for the week-ended Aug. 24, underpinned by a surge in crude oil prices on renewed enthusiasm for an economic recovery and a weakening U.S. dollar.   The higher wholesale costs will be passed through to the retail market, lifting prices

Wawa Launches Prices You Can Trust Campaign

  Wawa Inc. has introduced a new advertising campaign called Prices You Can Trust, which began Aug. 17 in the Greater Philadelphia area, in an effort to educate customers about fees that an increasing number of retailers charge when customers purchase fuel with credit cards.    Wawa noted that while some retailers post fuel prices

Has Smoking Ban Gone Too Far?

  Three years underway, Ohio’s smoking ban still is meeting with strong criticism and is now being re-challenged in the courts, with opponents claiming the ban is costing small businesses money and jobs.   The International Premium Cigar & Pipe Retailers Association (IPCPR) said it stands behind those trying to appeal a lawsuit against the