Archives for 2009

Suncor Energy and Petro-Canada Merger Approved

  The Competition Bureau, an independent Canadian law enforcement agency, has approved the merger of Suncor Energy, a Canadian integrated energy company, and Petro-Canada, istock analysis reported.   As part of the agreement, the companies will maintain retail and wholesale competition in Ontario, including divesting 104 retail locations, and will enter into certain supply and

Wawa Blood Drives Help Maintain Summer Blood Supply

  This Summer, from July 14 to Aug. 31, Wawa is making a difference in the community by hosting more than 25 blood drive sites in four of its operating states: Pennsylvania, New Jersey, Maryland and Virginia.   Wawa’s goal for this year is to raise 2,000 pints of blood and to help The American

C-store Teams With Online Poker Tournament

  Poker fans don’t have to wait for The World Series of Poker in November to get their fill of the game.   Thanks to the launch of an integrated social media application sponsorship program between ampm and Texas Hold’em Poker-a Zynga game that is the most played poker game on MySpace and Facebook-poker fanatics

Achieving Energy Efficiency

Gasoline Price Slide Reverses Higher

By Brian L. Milne, Refined Fuels Editor for Telvent DTN   After declining since late June, retail gasoline prices will turn higher in most of the country’s metropolitan markets, pushed up by climbing wholesale costs.   The rise at the pump will vary nationally, with markets in the upper Midwest likely to see flat to

Loophole Offers Hope for Arkansas Beer Sales

  An ordinance in Springdale, Ark., prohibits businesses, such as gas stations and grocery stores from selling alcoholic beverages. But the local Murphy Express on Sunset Avenue found a way around the system, KFSM-TV, the Fort Smith-Fayetteville Arkansas News, reported.   Murphy Express took its beer-selling request before the State Alcohol Beverage Control Board (ABC) in

New Merger Benefits Petroleum Operators

  Two of the most dominant players in the country’s Underground Storage Tank (UST) services market are joining forces in a strategic alliance to provide petroleum operators throughout the Mid-Atlantic and Northeastern U.S. with turn-key UST compliance, repair and maintenance and construction solutions.   Austin, Texas-based Tanknology Inc, the nation’s largest provider of environmental compliance

Sheetz Sweepstakes Winners Announced

Sheetz, Altoona, Pa., which operates more than 350 convenience locations throughout Pennsylvania, West Virginia, Maryland, Virginia, Ohio and North Carolina, and M&T Bank announced the grand prize winner for the Gas for a Year Sweepstakes on Tuesday.   Robert Buck of Cumberland, Md., took home the grand prize: free gas for a year. The total

Circle K To Divest 75 Stores

  Alimentation Couche-Tard Inc. will divest about 75 of its Circle K stores in the coming months.   NRC Realty Advisors LLC (NRC) is handling the proposed divestiture. The final list of properties to be divested has not been established, but is expected to include properties in various markets in Alabama, Colorado, Florida, Georgia, Louisiana,

New Book Explores A World Where Gas Is $20 a Gallon

  A new book by Evanston, Ill.-based engineer and journalist Christopher Steiner explores how society would respond if gas reached $20 per gallon, the Chicago Sun-Times reported.   Steiner’s book,  $20 Per Gallon: How the Inevitable Rise in the Price of Gasoline Will Change Our Lives for the Better, is an optimistic look at a

AllSAFE To EPA: Deny Growth Energy E-15 Partial Waiver Request

  The Alliance for a Safe Alternative Fuels Environment (AllSAFE), Alexandria, Va., which speaks for manufacturers on fuel-related legislation representing 400 million products including motor vehicles, has voiced its official concern to the Environmental Protection Agency (EPA) about Growth Energy’s fuel waiver application for E-15.   AllSAFE also is concerned because the EPA expanded the

Details Emerge in Flying J-Pilot Merger

  New details have surfaced regarding the Flying J merger with Pilot Travel Centers, The Knoxville News Sentinel reported Sunday.   The companies announced their intent to merge last week and Flying J filed a motion in U.S. Bankruptcy Court in Delaware seeking a pre-merger agreement between the two privately-owned companies. Flying J filed for

Shell and Wills Group Form Joint Venture

  Motiva Enterprises LLC, which markets Shell-branded gasoline in the Eastern and Southern U.S., has entered into a joint venture with SMO Inc., an affiliate of The Wills Group Inc., a Maryland-based branded wholesaler with 300 dealer-operated stations throughout the mid-Atlantic region, BusinessWire reported.     The new entity will be called Potomac Energy Holdings

RaceTrac Offers Sale/Leaseback Program

  CB Richard Ellis’s Global Corporate Services (CBRE) unit is set to exclusively manage a sale/leaseback program for RaceTrac Petroleum Inc., which owns and operates 530 gasoline and convenience stores in 12 states, Retail Traffic reported.   In 2008, RaceTrac gas stations brought in more than $7.5 billion in annual revenues and the company now

Toledo Licensing Ordinance Revoked

  Toledo, Ohio city officials and the Midwest Retailers Association, a group of locally-owned stores,reached a tentative settlement to repeal the licensing ordinance required for Toledo convenience stores, WTVG-TV, Toledo, Ohio, reported.   Last year, c-stores in the state went to the federal court to challenge the law that required all c-stores to acquire an

Starbucks Tests a New Tactic

Starbucks Corp. is at it again. This time the coffee giant plans to remove its name from one of its Seattle-area stores and add alcohol to the menu, the Associated Press reported. The store will be called 15th Avenue Coffee and Tea and is set to open next week with a wine and beer offering in addition to

Minimum Bids Set for Uni-Marts Assets

  Matrix Capital Markets Group Inc., Baltimore, has announced that minimum bids are now established in the Uni-Marts Chapter 11 Bankruptcy Case.   The total of the minimum bids for all 207 Uni-Marts’ assets stands at $15,708,000.   Each of Uni-Marts’ 114 company-operated stores is available for sale on an individual basis and the minimum

Breaking the Cost Barrier of Trade Promotion Management


CITGO Chairman, President and CEO, Alejandro Granado, received the Helping Hand Award presented by the Houston Minority Supplier Development Council during a ceremony at the Hilton Americas in downtown Houston, in recognition of the company’s efforts to help grow minority-owned businesses.   “Just a year ago, we were launching a series of supplier diversity networking

7-Eleven Proceeds with Expansion

  7-Eleven is using the weak commercial real estate market to its advantage by focusing on a major expansion plan, the New York Times reported.   The company, which operates or franchises about 5,700 stores across the U.S, announced in May it would add 200 new outlets this year, and it is proceeding with its

Circle K Sees Drop in Revenue, Boost in Profit

  Alimentation Couche-Tard, Toronto, reported a stronger quarterly profit on Tuesday, despite a steep drop in revenue. The boost in profit came mainly from higher gasoline margins and a rise in U.S. cigarette sales ahead of the April tax hike, Reuters reported.   Couche-Tard, North America’s second-biggest c-store retailer, which operates 5,400 c-stores (3,607 of

$10 Million Suit Against C-store Thrown Out

  A New York appeals court has thrown out a $10 million lawsuit against a Quickway c-store that sold a man a 12-pack of beer six minutes before he caused a high-speed collision that killed him and another driver, the New York Law Journal reported.   The accident occurred in February 2003. In 2005, the

Morton Earns Good Housekeeping Seal

  Three Morton ice melting products have received the Good Housekeeping Seal, a top-ranked consumer emblem and one of the most trusted consumer icons in the world of consumer goods.   “Receiving the Good Housekeeping Seal is a true honor for our company and a testament to the superior performance of our ice-control products,” said

St1 Energy Company Finds Forward-Thinking Partner with Dresser Wayne

Pilot to Help Flying J Soar Away from Bankruptcy Troubles

  Pilot Travel Centers LLC and Utah-based Flying J Inc. have agreed to a merger that will combine two of the country’s largest truck stop companies, the Associate Press reported.   According to a preliminary agreement announced Tuesday, Flying J’s 270 travel centers and Pilot’s more than 300 travel centers will join forces in a