Archives for November 2009

FamilyMart to Buy Am/pm Japan Co.

  FamilyMart Co. and its top shareholder Itochu Corp. are reportedly planning to buy the competing convenience store operator Am/pm Japan Co., according to Nikkei English News.    FamilyMart and Itochu may spend about 10 billion yen ($111 million) to acquire all the shares from Am/pm’s parent company Rex Holdings Co., according to the report. 

Climbing Gasoline Prices Hit the Brakes on Unemployment

By Brian L. Milne, Refined Fuels Editor, Telvent DTN   Just below $2.70 gallon, the U.S. average for regular grade gasoline entered November at a one-year high following five consecutive weekly increases according to the federal government. That unrelenting march higher early in the fourth quarter looks to be coming to an end.   Moreover,

NOCO Express Offers Buffalo Bills Medallion Series

  The 31 NOCO Express locations in western New York are offering the new Buffalo Bills 50th Season Souvenir Collector’s Medallion series, featuring members of the Bills All-Time Team, available for sale now.   “NOCO is proud to be supporting the Buffalo Bills once again this season, and we are very excited to be the

New Shell Rotella T Motor Oil at Sam’s Club

  As part of the Sam’s Club commitment to help independent business owners make a profit and simplify their business needs, the company is now offering Shell Rotella T 15W-40 motor oil with “Triple Protection” technology.   Available in one gallon, 2.5 gallon, or 55 gallon drum sizes, the Triple Protection technology builds on the

Sinclair Exits Retail Market

  Sinclair Oil Corp. is looking to sell it gas station business, and leave the retail business by 2010 after close to 80 years in service, the Oklahoman reported.   Last month, the company also announced it was offloading its Tulsa, Okla. Refinery.   “We have already sold approximately 60 locations to and through our jobber

Circle K To Acquire 100 Chicago Shell Stores

  Alimentation Couche-Tard Inc. expects to enter into an agreement through one of its wholly-owned subsidiaries, Circle K, creating a joint venture with Shell Oil Products U.S. to operate about 100 convenience stores in the greater Chicago metropolitan area.   The transaction is subject to final management approvals of both companies, standard regulatory approvals and

New Products Keep Food Sales Fresh

Sophisticated customers are demanding foodservice programs that keep the menu fresh by rotating options and adding new products and flavors. Dan Rotherham, director of operations at Feather Petroleum Inc., which operates 18 Stop ‘n Save c-stores in Colorado, has seen firsthand how adding new products and streamlining store menus has helped business. “We strive to

nFinanSe Launches Visa Prepaid Debit Card

  Tampa-Fla.-based nFinanSe Inc. is debuting a new Visa Reloadable Prepaid Debit Card in Winn-Dixie Supermarkets in Dec. 2009.   The new, deep gold card and metallic blue packaging has been designed to attract the eye of a consumer as she approaches a retail store display fixture. The card and packaging were designed by Fifty

Dunkin’ Debuts Discount Menu in Chicago

  Dunkin’ Donuts stores are debuting a new 99-cent menu at 500 Chicago locations this week, the Chicago Tribune reported.   The 99-cent menu includes a sausage, egg and cheese wrap; bacon, egg and cheese wrap; egg and cheese wrap; raspberry danish; hash browns; and a pack of five Munchkins. The doughnut-holes are usually offered

Quick Chek Offers 24 Hours of Free Coffee

  When thousands of consumers wake on Friday, Nov. 27, to hit those early morning holiday sales at local malls, Quick Chek, which operates more than 120 fresh food store locations throughout New Jersey and southern New York, will be ready with complimentary medium coffees to help kick-off their Black Friday weekends.   Known as

N.J. Gas Station Operators Sue BP

  A group of about 20 BP gas station operators in Newark, N.J., have filed a lawsuit against BP, accusing the company of reneging on contracts, the New Jersey Star-Ledger reported.   According to the suit, BP allegedly agreed in 2006 to continue the operator contracts that were in place for four years and renew

Valero Energy Adopts Say-on-Pay

  Valero Energy Corporation’s Board of Directors has adopted a say-on-pay policy, a compensation consultant disclosure policy, as well as other policies that aim to enhance the company’s corporate governance program.   Under the say-on-pay policy, stockholders will be provided an annual non-binding advisory vote on executive compensation, starting with the company’s 2010 annual meeting

Riiser Energy Opens R-Value Store

  Riiser Energy has opened a new convenience store on Grand Avenue in Wausau, Wis., the Wausau Daily Herald reported.    The new R-Value Savings Store is located at 2300 Grand Ave., and will offer new more products and promotions, including additional beverages and package deals for its products. The store in Wausau is Riiser’s

Proposal in Macon, Ga. Would Limit Window Signs

A proposed ordinance being discussed in Macon, Ga., would limit signs in Macon convenience store windows as a safety measure to ensure police can see into the stores at night, the Macon Telegraph reported.   The proposal is a direct response to recent violence in the community that saw three people killed at Middle Georgia

Aloha Petroleum Offers Ethanol-Free Gas in Kahalu’u

  Customers with boats and older cars now can purchase ethanol-free gasoline from Aloha Petroleum’s retail gas location in Kahalu’u, Hawaii—a 7-Eleven at 47-515 Kamehameha Hwy.   Hawaii had mandated 
that 85% of  retail gasoline in the had to be blended with 10% ethanol as of April 2, 2006. But after the mandate went into

The Power to Turn a Life Around

While this troubled economy lingers, there might never be a better time than right now to increase your efforts to make a positive difference in the lives of your employees. As I reflected on gracious words attributed to a motivational speaker, the late professor Leo Buscaglia, I was both struck by his gentle touch, and

New Venture Provides Capital To Retailers

  Trefethen Capital Partners (TCP) have formed a new venture that will provide capital to operators in the c-store and petroleum retailing industries.   Financing will take the form of sale-leaseback, subordinated debt and preferred equity. Transaction size will range from $10 million to $50 million, and terms will vary depending upon the collateral, credit

CITGO Executives Fundraise, Complete NYC Marathon

  Top executives from CITGO Petroleum Corporation competed in the ING New York City Marathon on Nov. 1 to raise funds for the Simón Bolívar Foundation.    The Foundation provides specialized medical assistance to low-income patients, mainly Venezuelan, who receive treatment in health centers in Argentina, Italy, the U.S. and other countries.   The Team

Nice N Easy Carthage, N.Y. Store Honored

  The Carthage, N.Y. Nice N Easy Grocery Shoppes team was honored last night as Retail Business of the Year at the Carthage Chamber of Commerce 2009 Business Awards Banquet.     “From the day we opened the store, we have strived to be an important member of the community and the folks (in Carthage) realize

QuikTrip Recognized For its Job Security

  Tulsa, Okla.-based QuikTrip Corp. is being featured on Fortune magazine’s Web site as one of the few U.S. companies that has never laid off an employee, the Tulsa World reported.   Fifty-one year old QuikTrip has never had to downsize its workforce despite operating 533 stores and employing 11,000 people.   QuikTrip also ranked

Circle K/XYIENCE Award Harley-Davidson Motorcycle

  Shannon Moore of Tucson was named the  winner of the XYIENCE/Circle K Harley-Davidson giveaway on Oct. 27, and received a 2009 Harley-Davidson Sportster 883 Low.    Reuben  Rios, XYIENCE vice president of sales, and Heather Heller, Circle K business manager in the package beverages, beer, and liquor division, presented Moore, with his new bike at the

Wilson Farms, Reid Petroleum Mark Environmental Milestone

  Tomorrow, Friday, Nov. 6, Wilson Farms and Reid Petroleum will launch western New York’s second E85 fuel station at Wilson Farms, located at 95 South Transit Road near High Street, in Lockport.   A ribbon cutting ceremony begin at 2 p.m. that afternoon along with comments from Paul Nanula, the CEO and president of

Marathon Petroleum Co. Celebrates 70 Years

Minnesota’s first refinery, now the Marathon Petroleum Co. refinery in St. Paul Park, Minn., which launched subsidiaries SuperAmerica gas stations and SuperMom’s bakery, is celebrating its 70 year anniversary, the Hastings Star Gazette reported. The refinery, originally named the Northwestern Refining Company, began with 24 employees and an output of 1,000 barrels of oil per

7-Eleven to Debut In-Store TV Networks

  7-Eleven Inc., the world’s premier convenience retailer, has contracted with Digital Display Networks Inc. to create one of the nation’s largest out-of-home digital networks in more than 6,200 7-Eleven stores throughout the U.S. and Canada.   When it is fully deployed nation-wide, 7-Eleven TV is expected to reach an estimated 190 million monthly viewers.

Trends Show Consumers Eating More at Home

  Studies show that as cash-strapped consumers are eating more meals at home, the perishable department (bakery, fresh meat, deli and produce) is growing faster, leading non-grocery channels to take notice, according to Nielsen data.    About half (46%) of U.S. households say they are eating out less, and as a result, value-priced meals at