Archives for August 2010

BP Cements Well, Assesses Damage

On Aug. 5, BP completed cementing operations at the MC252 well. The procedure began at 9:15 a.m. CDT and was completed by 2:15 p.m. CDT, as part of the static kill plan. By filling the damaged Macondo well with cement from the top down, the company hopes to guarantee it won’t leak oil again. The

Thorntons Reaches Fans Through Facebook

Thorntons has started a new promotion called: Fan of the Month, exclusively through Facebook. To enter the contest, customers must post a photo of themselves with a Thorntons’ beverage on Thorntons’ Facebook wall. One lucky fan will be voted the c-store chain’s Fan of the Month for August and will win a

$50 Thorntons Gift Card.

7-Eleven Appoints Jesus Delgado-Jenkins

Jesus Delgado-Jenkins has been named senior vice president of merchandising and logistics at 7-Eleven Inc. He joins 7-Eleven Inc. with more than 20 years of experience in both the public and private sectors. Most recently, Delgado-Jenkins was president and CEO of JNI LLC, a convenience store-acquisition firm. Prior to that, he held the position of

CVS To Compete For Redbox Customers

Watch out c-stores, CVS is vying for movie rental customers. The drug store chain is rolling out fully-automated Redbox DVD rental kiosks at locations nationwide, including in Puerto Rico and Longs Drug locations in Hawaii. The national rollout, which comes on the heels of a successful pilot program at select CVS/pharmacy locations, is set to

Delek US Reports Q2 Results

Delek US Holdings Inc. has announced its financial results for the second quarter of 2010. For the three months ended June 30, 2010, Delek US reported net income from continuing operations of $15.0 million ($0.28 per diluted share) compared to $29.6 million ($0.54 per diluted share) in the second quarter 2009. Excluding special items, the

Skimmers Found In Arizona Gas Stations

Police departments in Arizona have reported a whopping 30 cases of skimmers, illegal reading devices attached to credit card readers to steal electronic data, discovered at state gas stations in the past six months, prompting the Arizona Department of Weights and Measures to warm customers to be careful with their cards, the Arizona Republic reported.

Alabama Quik Mart Adds E85

Growth Energy has partnered with Edwards Oil to provide E85 at a Quik Mart Convenience Store in Florence, Ala., reported. “We appreciate Growth Energy’s assistance in helping us to fund this infrastructure. Alabama has not seen much investment or sales demand for E85, we are hoping to have a role in changing that,” said

Brinker Appoints Joe DePinto

Brinker International Inc., a casual dining restaurant company, has elected Joe DePinto, president and CEO of 7-Eleven Inc., to its board of directors. In his current role, DePinto leads 7-Eleven Inc., which operates, franchises and licenses more than 38,400 stores worldwide of which some 8,200 are in North America. Previously, DePinto served in other executive

Pizza Hut Launches Franchise Web site

Pizza Hut has launched, a new Web site that showcases franchising opportunities nationwide and makes it easier for potential franchisees to join the Pizza Hut team. “We’re excited to offer people a way to really understand, step by step, what it means to become part of the Pizza Hut franchise system,” said Jim Avery,

QuikTrip Expands Rewards Debit Card Program

QuikTrip is expanding its QuikTrip Rewards Debit Card program, using Tempo’s affinity debit card platform and re-issuing the cards with Tempo partner First Bank & Trust of Brookings, S.D., part of Fishback Financial Corp. Tempo-powered affinity debit cards link to consumers’ existing checking accounts and can be used everywhere Discover cards are accepted. The QuikTrip

The Pantry Announces Q3 Results

Cary, N.C.-based The Pantry Inc. has announced financial results for its third fiscal quarter ended June 24, 2010. The Pantry reported net income for the quarter of $18.0 million or $0.80 per diluted share, compared to a net loss of $749,000 or $0.03 per share in last year’s third quarter. The results for the third

Granting Wishes in West Virginia

The West Virginia Oil Marketers and Grocers Association (OMEGA) and the West Virginia chapters of the Make-A-Wish Foundation kicked off their fundraising drive Monday at the Par Mar Convenience Store at 720 Division St. in Parkersburg, allowing community members to buy stars to help grant wishes of local children with life-threatening medical conditions, reported.

Couche-Tard Extends Deadline

Alimentation Couche-Tard Inc. has extended its tender offer to acquire all of the outstanding shares of Casey’s General Stores Inc.’s common stock for $36.75 per share in cash until 5 p.m., New York City time, on Aug. 30, 2010, unless the offer is further extended. The offer had been scheduled to expire at 5 p.m., New York

Rallying Oil Futures Points to Higher Gasoline Prices

Brian L. Milne, Refined Fuels Editor, Telvent DTN July ended with a rally in wholesale prices for gasoline that either reversed or otherwise mitigated what would have been a decline in these costs for the last week of July. As a result, wholesale gasoline prices were mixed that will have a limited impact on pass

National S’mores Day Approaches

National S’mores Day is Aug.10 and The Hershey Co. and Kraft Foods have partnered to help families and friends create lasting memories on this delicious summer holiday. S’mores have been a centerpiece of summertime since the recipe was first published in the Girl Scouts handbook in 1927. The classic treat is fun to make and

A Third Investor Sues Casey’s

Casey’s General Stores Inc. now faces three lawsuits from investors, who demand the chain stop its defensive tactics and negotiate the hostile bid by Alimentation Couche-Tard Inc, The National Post reported. The most recent suit, came last week-a class-action petition filed in Iowa, by the Kentucky State District Council of Carpenters Pension Trust Fund. It

Speedway Adds Speedy Rewards Pay Card

Speedway SuperAmerica LLC (SSA), has partnered with the National Payment Card Association (NPCA), a provider of merchant branded PIN-based debit cards, in taking their Speedy Rewards loyalty program to the next level through the introduction of the Speedy Rewards Pay Card. Speedy Rewards members can now turn their loyalty card into a debit card by

Cardtronics To Manage Kroger ATMs

The Kroger Co. has entered into a multi-year ATM managed services agreement with Cardtronics USA Inc. to have Cardtronics provide ATM management services in approximately 800 Kroger grocery and convenience store locations, including ATM installation, complete cash management, maintenance, customer service, monitoring and transaction processing services. Cardtronics expects to begin managing the Kroger ATMs starting

Fueling New Sales

FuelQuest Inc., an on-demand software and services company for the downstream energy industry, has released ForeSite, an innovative, map-based fuel inventory management solution that deploys in a single day. Offering real-time views of inventory across multiple sites, ForeSite gives retailers control and visibility over their fuel inventory, reducing runouts and retains, as well as optimizing

Mini Wine Flavor Cigarillos

Swisher International Inc. has combined one of its newest and most popular flavors with the convenient shape of mini cigarillos to make the new Swisher Sweets Mini Wine Cigarillos. These new, smaller cigars offer the quick smoke many customers prefer, and come individually wrapped with the company’s unique special sealed-fresh wrapper to ensure fresh, flavorful

Understanding Your Foodservice Customers

Now more than ever convenience store executives recognize that both survival and prosperity depend on their ability to adapt to changing customer preferences and the evolving business environment. Nowhere is this more apparent than in the changing role of convenience stores as a foodservice provider for budget-conscious, time-sensitive consumers that have scaled back on restaurant

The Keys to Cleanliness

How can you get your employees to excel at a part of the job they probably can’t stand—cleaning the store in general and the restrooms in particular? “It’s a good question, and a never-ending pursuit,” said Tony Bartys, vice president of retail operations and marketing for Valero Energy Corp. in San Antonio. “It’s a challenge,

Placement Strategy Helps Prepaid Prosper

As the U.S. economic recession continues, it’s no secret that customers are altering their shopping habits to save a few dollars wherever they can. The silver lining for convenience store retailers could be the resulting affinity credit-crunched customers have developed for the prepaid segment. In a credit weary and increasingly online world, prepaid is helping

The Future of Retail Technology

Imagine a day when your customers pay for coffee by scanning a cell phone, and play their favorite music at the gas pump with a quick swipe of a loyalty card. Well, ready or not, such technology is already out there and it’s coming for c-stores—the only question is how soon. As the Millennial generation

Maintaining Strong Smokeless Sales

The slew of new regulations governing the sale of tobacco products has convenience store operators scratching their heads and wondering where the next assault will come from and what to do about it. For example:• The federal Prevent All Cigarette Trafficking Act (PACT Act) went into effect on June 29, 2010. Its goal is to