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…
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…
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…