Couche-Tard Makes Unsolicited Bid for Casey’s Stores

Alimentation Couche-Tard Inc., the Canadian convenience-store chain, made an unsolicited bid for Casey’s General Stores Inc. for $36 a share in cash, BusinessWeek reported Couche-Tard offered the Ankeny, Iowa-based company, which operates more than 1,500 stores in the Midwest, 14% more than its closing price yesterday in Nasdaq Stock Market trading. Including about $29 million

Iron Man Returns To 7-Eleven

After the first IRON MAN movie took 7-Eleven stores by storm in 2008, with customers clamoring to buy collectible cups and boosting Slurpee sales by double digits, Marvel Studios’ IRON MAN 2 is returning to 7-Eleven to celebrate release of the Paramount Pictures’ film on May 7. In both movies, Robert Downey Jr. plays Tony

FPMA Announces New Sunshine Food and Fuel Expo

The Florida Petroleum Marketers and Convenience Store Association (FPMA) has announced the inauguration of the new Sunshine Food and Fuel Expo to be held in Kissimmee, Fla. The new show will take place from July 18-19 at the Gaylord Palms Resort.  Conceived as a key part of FPMA’s ongoing re-engineering efforts, the Sunshine Food and

Gulf Oil Enters Maryland

Gulf Oil has signaled its branded return to Maryland, by announcing a branded distributor partnership with Bedford Valley Petroleum, which plans to rebrand nine retail motor fuel outlets in Pennsylvania and Maryland to the new Gulf “Sunrise” image. “We are excited to be able to bring the Gulf family to Maryland and build upon its

Kroger’s Annual Earth Day Contest Aims To Reduce Waste

As Earth Day approaches, The Kroger Co. is inviting customers to design a reusable shopping bag through its annual online contest. From April 12 to May 21, customers can go online at www.kroger.com/green to submit their designs for Kroger’s reusable grocery bags. The winning designer will receive a $1,000 gift card and a chance to

Valero Adds Policies To Prevent Underage Tobacco Sales

The Valero company has agreed to a set of measures aimed at reducing tobacco sales to minors at more than 4,900 gas station convenience stores operating nationwide under Valero trademarks, Iowa Attorney General Tom Miller announced Wednesday. “Valero owns 1,000 convenience store outlets and has nearly 4,000 franchise outlets, so this will make a difference,”

Selling Smokes Still Profitable

While foodservice sales are soaring, the tobacco category is still as important as ever. I heard recently that the the profit convenience stores derive from foodservice has overtaken that of tobacco. Now I’m right there with the rest of the industry in joining the deli revolution, but that does not mean that I’m ready to

NATO Trade Show Draws More Support

The National Association of Tobacco Outlets (NATO) continues to receive commitments from member companies to exhibit at the association’s inaugural trade show to be held in Las Vegas in 2011. The most recent companies to commit to exhibiting are Nat Sherman, New Image Global, Smokey Mountain Chew, Zander- Greg and K. K. International Corp, NATO

NOCO Express Installs Blockbuster-Express DVD Kiosks

NOCO Express Stores have partnered with NCR Corp. to offer BLOCKBUSTER-Express DVD rental kiosks to western New York customers. By June, NCR’s BLOCKBUSTER-Express kiosks will be available at 22 NOCO Express Stores across western New York. The first kiosk was recently installed at the NOCO Express located at 58 West Main Street in Webster. “We

Kroger Endorses Rapid Recall Exchange

The Kroger Co. is endorsing Rapid Recall Exchange, an online service that standardizes and accelerates food and product recalls and withdrawals. The Rapid Recall Exchange, developed by GS1 US in collaboration with the Food Marketing Institute and Grocery Manufacturers Association, is the industry’s only online standardized recall notification system. Using consistent forms and processes, retailers

Why Every Convenience Store Owner Needs an Exit Plan

By Ted Thomas, Sun Exit Advisors Most convenience store owners are too busy to think about their exit plan. There comes a time, however, when business owners want to successfully leave their business. Unfortunately, when it comes time for transition, most don’t know how to accomplish that goal. A common mistake is to rush to

TravelCenters of America And McLane Renew Contract

TravelCenters of America LLC (TA) has renewed its contract with McLane, for supply chain services to its 233 TA and Petro Stopping Center branded travel stores throughout 41 states. The companies began their relationship in 1999. McLane’s 19 facilities will continue to support distribution of a broad line of products for TA. The stores offer

Gasoline Prices Climbing Sharply across U.S.

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Retail gasoline prices are poised for sharp increases across the country in early April following big gains in the wholesale market right in front of the Easter holiday, which follows mostly flat to lower prices at many local stations in late March. Driving the advance in

Low Prices Replace Customer Service As Loyalty Driver

In a vast departure from COLLOQUY’s 2008 report on consumer loyalty to U.S retailers, Walmart dominated the 2010 COLLOQUY Retail Loyalty Index, in results that reflect a reality of the Great Recession – low prices drove consumer loyalty. COLLOQUY, the publishing, education and research division of LoyaltyOne, previously published the COLLOQUY Retail Loyalty Index in

Sweet Leaf Tea Makes Acquisition

Sweet Leaf Tea Co. has acquired Cincinnati competitor Tradewinds Beverage Co., the Austin Business Journal reported. Austin-based Sweet Leaf Tea Co. expects the purchase to help it expand its market reach, especially in the Midwest where Tradewinds has strong distribution channels. Tradewinds makes teas and juices kettle-brewed in Ohio. The company will continue day-to-day operations

Cosmetic Lenses Cause Conflict in Connecticut

Connecticut Attorney General Richard Blumenthal is demanding that convenience stores and other retail locations in the state immediately stop selling cosmetic contact lenses, the Hartford Courant reported. Noncorrective lenses can only be legally sold to consumers by licensed eye care professionals, Blumenthal said at a press conference. Dr. William Ehlers, a Hartford ophthalmologist, discovered the

Gulf Oil Partners With Atlanta Braves

Gulf Oil Limited Partners has entered a multi-year sponsorship deal with Major League Baseball’s Atlanta Braves, The Boston Globe reported. The agreement will allow Gulf a presence at Turner Field, the home of the Atlanta Braves, where rotational signage, displaying Gulf’s “Sunrise” logo will appear behind home plate for all Braves home games. “We want

Kum & Go Fundraises for Foundation for Springfield Public Schools

Kum & Go, L.C. announced a major fundraising effort to benefit the Foundation for Springfield Public Schools. Kum & Go will contribute three cents from every gallon of gas sold on April 8 at 41 Springfield area locations to the organization, which supports the Springfield Public Schools. The announcement came on the one-year anniversary of

Stop-N-Go Pulls Adult Magazines

Stop-N-Go, which runs more than 20 locations in North Dakota and Minnesota, has stopped selling adult magazines at its stores. The chain’s owner, Sheldon Ellig, told the Grand Forks Herald adult magazines were previously removed from six Stop-N-Go stores and other stores pulled the magazines from shelves this week. “We have had a number of

GACS Offers Lighting Retrofit Fund

The Georgia Association of Convenience Stores (GACS) has introduced a new GACS Lighting Retrofit Fund for members that will provide financing for energy-saving lighting retrofits to convenience stores-all with no out of pocket costs, NACS reported. GACS expects that the fund will provide for retrofits for between 50-80 locations in 2010. The association plans to

Sheetz Builds In West Virginia

Sheetz, which operates locations in Pennsylvania, Ohio, Maryland, Virginia, West Virginia and North Carolina, is constructing a new store in Fayetteville, W.Va., off U.S. 19, scheduled to open in late summer.   This expansion in the southern part of West Virginia comes after the convenience chain’s success in nearby counties as well as the northern

NACS Spends $770K Lobbying For Industry

The National Association of Convenience Stores (NACS) had a busy fourth quarter in 2009, lobbying the federal government on fuel issues and other business that affects c-stores. The association spent $770,000 in both the third and fourth quarter to fight for the interests of the industry, Business Week reported. The amount spent lobbying in the

Initial Injunction Against NYC Flavored Ban Denied

The U.S. Federal District Court denied a request by U.S. Smokeless Tobacco Manufacturing Company and U.S. Smokeless Tobacco Brands for a preliminary injunction against a recently enacted New York City ordinance that bans the sale of virtually all flavored tobacco products except in “tobacco bars,” the National Association of Tobacco Outlets (NATO) reported. The USST

ExxonMobil Sweepstakes To Award Smart Fortwo Coupes

Exxon and Mobil retailers and Citi are giving cardholders the chance to win a 2010 smart fortwo coupe each week through the ExxonMobil Personal Card “Win a smart fortwo Sweepstakes.” From April 1 through June 30, a new winner will be drawn every week. In addition to the weekly car giveaways, consumers will also have the chance

Chevron Confirms First Oil from Perdido Development

Chevron Corp. has announced its the Perdido deepwater project, located in the U.S. Gulf of Mexico, has started crude oil and natural gas production. Production from the Great White, Silvertip and Tobago fields using the Perdido hub is expected to reach full capacity of 130,000 barrels of oil-equivalent per day after the drilling of additional

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