Archives for August 2009

New York Tobacco Vendors Fight Fees

An increase in the annual state application fee for tobacco vendors in New York could cause many of them to stop selling cigarettes and cigars, the Rochester Democrat and Chronicle reported. The whopping 900% increase for small vendors is currently part of the New York state budget. The annual fee is skyrocketing from $100 to

Kum & Go’s Krause Talks Tulsa

  Kum & Go President and CEO Kyle Krause recently sat down with the Tulsa World to share some thoughts on his business, the economy and social networking as a way to connect with customers.   In addition his career at Kum & Go, Krause also owns Solar Transport, the largest Iowa-based transporter of refined

nFinanSe, Coinstar Form Nationwide Distribution Agreement

  nFinanSe Inc. and  Coinstar E-Payment Services Inc., a subsidiary of Coinstar, Inc., are teaming up to distribute nFinanSe’s reloadable prepaid and gift cards to Coinstar’s Pay as You Go Solution, found at retailers nationwide.   The nFinanSe prepaid cards are expected to be available to Coinstar retail partners starting in the last quarter of

BP and Martek Biosciences Join To Deliver Advanced Biodiesels

  BP and Martek Biosciences Corp. have signed a joint development agreement to work on the production of microbial oils for biofuels applications, BP announced in a press release this week.   The partnership will combine a broad technology platform and operational capabilities to convert sugars into biodiesel.   “Martek is pleased to partner with

Sheetz Adds New Store in Martinsburg, W.V.

  Altoona, Pa.-based Sheetz is opening a new store in Martinsburg, W.V. today at 5715 Hammonds Mill Road.   Employees will host a grand opening celebration with a ribbon cutting ceremony this afternoon at 3:30 p.m., and customers are invited to attend.   “For more than 20 years we have been a part of the

Kids Charity Awarded Free CITGO Gas For A Year

  The Children’s Volunteer Health Network (CVHN), based in Santa Rosa Beach, Fla., is the first winner of the Fueling Good promotion presented by CITGO Petroleum Corp.   CVHN provides free health and dental care to uninsured and underinsured children across northwest Florida.   Launched this June, the CITGO Fueling Good promotion recognizes and rewards

QuikTrip Opens Kansas City Clinic

  QuikTrip Corp. has opened a health clinic for its workers in the Kansas City, Mo. area, the Kansas City Star reported.   Located in Belton, Mo., the clinic is the second established by the c-store chain. The first was opened two years ago at the company’s headquarters in Tulsa, Okla.   The clinic assures

Study Used to Fight Proposed Cigarette Tax

Michigan’s cigarette tax of $2 a pack could grow by another 25 cents, and c-stores are fighting the proposal with a new study, the Detroit Free Press reported. Gov. Jennifer Granholm has proposed the tax. But a recent study conducted by three economists shows the proposal would result in minimal revenue and more smuggling from

One Stop Supports Wishes of Kids In Need

  One Stop Convenience Stores, in conjunction with the West Virginia Oil Marketers and Grocers Association (OMEGA), are supporting the Make-A-Wish Foundation through a new promotion, The Charleston Gazette reported.   As part of the promotion, one penny for every gallon of gas pumped each Tuesday in August at One Stop locations throughout West Virginia

Petroleum Consolidators Enters Capital Raising Agreement

  Petroleum Consolidators of America, Inc., West Palm Beach, Fla., a gasoline station and c-store operator has formed a capital raising agreement with a southwest Florida-based broker-dealer for $15,000,000 in financing.   The company said it is implementing a targeted acquisition strategy to create a portfolio of consolidated retail gasoline facilities and wholesale fuel distributorships

Wawa Names Six Hoagiefest Winners

Wawa Inc. has announced the winners of its Hoagiefest Music Contest, which ran for four weeks, during Wawa’s in-store Hoagiefest Campaign. The contest challenged hoagie fanatics to create and submit an original song about Wawa and Hoagiefest or to shoot a video set to one of Wawa’s official Hoagiefest tunes for a chance to win

Fuel Increases Recede

By Brian L. Milne is the Refined Fuels Editor for Telvent DTN   Heading into mid-August, retail gasoline prices will be mixed across the country’s major metropolitan markets following choppy price action in wholesale markets during the first full week of the month.   While the bias was on the downside, wholesale costs moved higher

Valero Sued For Allegedly Overworking, Underpaying Managers

  Valero Energy Corp. is up against a federal class-action lawsuit that accuses the company of underpaying and overworking its convenience-store employees, the Wall Street Journal reported.   The lawsuit was filed Monday by two former Valero store managers and one current manager, all from Santa Cruz, Calif. The former female employees are suing, alleging

Circle K Selling 87 Stores

  Circle K Stores Inc., a subsidiary of Alimentation Couche-Tard Inc., is putting 87 of its locations up for sale with help from NRC Realty & Capital Advisors LLC.   The final list of properties to be divested includes 74 petroleum sites and 13 commercial sites. Sixty of those properties are operating locations, while 22

Mark VII Launches Direct Sales in Oklahoma

  Mark VII Equipment Inc., Arvada, Colo., the U.S. subsidiary of WashTec AG of Germany, which supplies innovative solutions for the carwash business worldwide, has launched direct sales and service operations in Oklahoma.   “We look forward to directly supporting our former distributor’s customer base,” said Murray Kennedy, CEO of Mark VII.  “It includes plenty

Rutter’s Names Fifth and Sixth Free Gas Winners

  Rutter’s Farm Stores, York, Pa., is in the final weeks of its gas giveaway, and customers still have a chance at winning a number of prizes, including two more chances to win free gas for one year and the opportunity to win a Harley-Davidson Iron 883 motorcycle.   The Rutter’s “Fuel Up Free!” promotion

C-stores Become SNAP Card Compatible

  As the economic downturn continues, many customers are applying for food stamps, which now are being given in the form of food debit cards, prompting more retailers to begin accepting the cards.   States hardest hit by the housing market collapse have seen some of the biggest increases in food stamp demand, although Western

CITGO Helps Retailers Gain Competitive Edge

  CITGO is offering a helping hand to small independent business owners in the convenience store and petroleum sector with its expanded CITGO Buying Group program.   The program offers customized business solutions for the daily challenges facing independent owners and is available to each of the CITGO marketers and the nearly 7,000 locally owned

Kum & Go’s Krause Leads Community Foundation

  Kyle Krause, president and CEO of Kum & Go, has been elected to serve as chair of the Community Foundation of Greater Des Moines Board of Directors.   Krause has served as co-vice chair of the Community Foundation since 2006 and chairs its governance and nominating committee. Krause succeeds G. David Hurd and will

Together ACME, Sunoco Offer Gas Rewards

  Sunoco Inc., Philadelphia, has joined forces with ACME Markets to launch ACME Gas Rewards, a new program that rewards customers by offering them savings on gas each time they make a qualifying purchase at a participating ACME.   Customers who shop at any of ACME’s 52 Pennsylvania stores will receive an ACME Gas Rewards

Florida Feels Impact of Cigarette Tax

It’s been a month since cigarette smokers in Florida were hit with a new $1 tax, bringing cigarette prices up to $6 per pack, which the state said has it on track to net about $1 billion next year, the Ft. Myers News-Press reported.   The total in new tax money gained from July won’t

Sunoco Begins Refinery Turnaround

  Sunoco Inc. began the six-week planned turnaround of its 160,000 barrel per day refinery in Toledo, Ohio, in early August, Reuters reported.   According to the company’ second quarter earnings call, the turnaround is expected to continue until mid-September, and will close one of the two crude units and the gasoline-making fluid catalytic cracking

C-store Success Depends on Innovation

  Since December 2001, more than 20,000 new c-stores have opened in the U.S., bringing the total to almost 145,000 stores across the nation, Brandweek reported.    But in the midst of high gas prices and competition from groceries and mass merchandisers and a sour economy, it looks as if the c-store boom has quieted,

FTC Targets Oil Fraud

  The Obama administration has sent a strong signal that it plans to crack down on oil fraud in the markets.   On Thursday, The U.S. Federal Trade Commission (FTC) said would impose $1 million per day fines on energy traders engaged in price manipulation, Reuters reported.   The FTC said it will target violations,

Malibu Launched Radio Maliboom Boom

Malibu, the top-selling Caribbean Rum with natural coconut flavor, launched its newest global advertising campaign, Radio Maliboom Boom, as part of its ongoing “Get Your Island On” crusade. The Radio Maliboom Boom campaign brings the distinctly Caribbean spirit of Malibu to life with upbeat music and entertaining DJ personalities spreading their island vibe around the