Crude oil prices remained steady above $76 per barrel on the New York Mercantile Exchange on Friday, June 25, according to United Press International. July delivery crude oil prices added 27 cents to $76.78 per barrel, while heating oil prices for July delivery added 0.0076 cents to $2.0648 per gallon. Reformulated gasoline blendstock prices added…
The Pantry Expands Fresh Initiative
Cary, N.C.-based The Pantry Inc. this week unveiled its “Fresh Initiative” to serve customers new coffee, and fresh food options. Triangle-area residents will be the first to experience the new Bean Street Coffee and a broader assortment of pastries, warm breakfast sandwiches and fresh fruit. In addition, the stores will offer a variety of fresh…
Swipe Fee Reform Advances
The U.S. House of Representatives and Senate negotiators have sided with retailers, reaching an agreement to include swipe fee reform provisions in the final financial services reform bill that is now on its way to Congress for a final vote. The provisions, known as the Durbin Amendment after the author, Senator Richard Durbin (D-IL), is…
Mid-Atlantic Acquires Uppy’s
Mid-Atlantic Convenience Stores, backed by equity firm Catterton Partners, has acquired a majority interest in Uppy’s Convenience Stores Inc. and 170 convenience stores/fuel stations from Exxon Mobil Corp. The transaction creates a leading convenience store operator in the Mid-Atlantic region with more than 200 convenience store operations in Maryland, Virginia and Delaware. Uppy’s was founded…
Kroger Makes Strides In Sustainability
The company’s 2010 Sustainability Report, recently published online, shows the company has reduced overall energy consumption by more than 27%, and includes updates in four core areas: —Reducing its carbon footprint, especially by decreasing energy usage; —Eliminating and recycling waste including reducing plastic bag use; —Lowering the impact of…
Couche-Tard Versus Iowa
Alimentation Couche-Tard plans to challenges the constitutionality of several Iowa anti-takeover laws as part of the company’s hostile bid to purchase Casey’s General Stores, the Des Moines Register reported. Couche-Tard, which operates 5,883 convenience stores in the U.S. and Canada, filed court papers late last week alleging that three Iowa statutes contradict U.S. law, creating…
Bankrupt Sunshine Wants Stores Back
Bankrupt Sunshine Energy, owner of APPCO, is fighting in the courts to regain its 12 closed convenience stores, which were repossessed by Management Properties Inc., the Johnson City Press reported. Meanwhile, Management Properties Inc. (MPI) wants Sunshine’s recently filed bankruptcy thrown out of court, so it can repossess another 16 stores. According to Sunshine Energy,…
Terrible’s Hosts UFC Fighter
Terrible Herbst-Gas-Convenience Store, at 6716 S. Las Vegas Blvd in Las Vegas, is set to host Ultimate Fighting Championship (UFC) fighter Dan Hardy, who will be signing autographs for fans on Saturday, July 3 from 1:00 p.m. to 3:00 p.m. Hardy plans to be in Las Vegas to support fellow XYIENCE team fighter Wanderlei Silva…
Hess Express ATMs Welcome PNC Customers
Hess, PNC Bank and Cardtronics Inc. agreed this month to expand ATM access for PNC customers at 230 Cardtronics-owned ATMs located in Hess Express stores across Florida. Under terms of the ATM branding deal, Cardtronics will place the PNC brand on the ATMs, operate the machines on behalf of PNC and make them available on…
NOCO Express Adds Just Pizza
Tonawanda, N.Y.-based NOCO Express has added a Just Pizza location within its Depew store located at French and Borden Roads. The approximately 600-square foot Just Pizza location features a full menu of more than 75 varieties of pizza, chicken wings, submarine sandwiches, salads and appetizers for dine-in and carry-out. “We are always looking for ways…