Archives for 2010

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., DomesticFuel.com 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 PizzaHutFranchise.com, 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, Newsandsentinel.com 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

Managing Packaged Beverages

New products and core beverages will always drive cold vault sales. So when is the right time—and how often does that right time come—for category managers to reset them? “We do cold vault resets twice a year, which means we’re making fairly minor adjustments all the time,” said Richard Ginther, category manager for Kum &

Rutter’s Rises as Chain of the Year

Outstanding leadership, great stores and unsurpassed customer service are the hallmarks of the convenience store industry’s exceptional chains. Following these guiding principles, Convenience Store Decisions is proud to announce Rutter’s Farm Stores as the 2010 Convenience Store Chain of the Year. Rutter’s, which supplants Nice N Easy Grocery Shoppes as Chain of the Year, is

Strengthening Safe Security

Cash control practices are an essential part of any c-store operation—from having a cash management system in place to training employees in proper security protocol in everyday cash handling and in the event of a robbery. But more often than not, it’s in-house theft that c-stores need to be most vigilant about. “If you have

Fresh from the Farm

Focus on the Franchise   Minimum Franchise Requirements: Net Worth: $750, 000; Liquid assets: $250, 000 Targeted growth areas: Swiss Farms is looking for single and multi-unit franchisees in the following counties: Northern Delaware: New Castle County; Eastern Pennsylvania: Delaware, Chester, Montgomery, Bucks and Philadelphia County; New York: Nassau and Suffolk County; New Jersey: Camden,

Express Convenience Centers Comes of Age

At A Glance: Express Convenience Centers   Stores: 19 in the Fox Cities region of Wisconsin. Fuel: 17 proprietary-branded Excelerator stati ons and two BP stations. Leadership Team: • John Schmidt, President and CEO, U.S. Venture • Paul Sippl, Director of Branded Fuel Supply, U.S. Venture • Jim Anholzer, General Manager, Express Convenience Centers •

Planning Your Packaging Needs

With foodservice sales booming and more retailers making the leap to fresh foods, operators are turning their attention to take-out packaging and finding that, with all the options and considerations, choosing the proper packaging can be as tricky as selecting the foodservice program itself. “There are so many things to think about when you’re looking

Sweet Success

There’s little doubt that bakeries are big. Bakeries, pastry shops and bagel sellers are growing at a rate of 5%, according to AnythingResearch.com. When launching a bakery program, convenience store retailers are urged to start with an in-depth market study that profiles the target customer base, current sales in the market area for the product

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

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

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

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