As competition heats up and consumers adjust their away-from-home consumption habits it’s critical to continuously refine your programs and strategies in order to drive profitable and sustainable growth. For the third consecutive year, Convenience Store Decisions, is proud to offer its FREE two-part Foodservice Webcast Series. Part II: June 17, 2010 2:00 PM EDT Foodservice…
Wholesale Gains to Arrest Retail Fuel Decline
by Brian L. Milne, Refined Fuels Editor, Telvent DTN Countrywide, wholesale gasoline prices were mixed for the week-ended Monday (6/14), with markets along the West Coast down slightly while increasing elsewhere in the U.S. The higher wholesale costs were triggered by gains in the financially traded oil futures market, with supply in the physical market…
$400,000 Bonus Secures Tesoro COO
Weeks into his job as CEO of Tesoro Corp., Greg Goff is securing the company’s top management as he strives to return the San Antonio-based refiner to profitability, the San Antonio Express-News reported. Goff offered Everett Lewis, Tesoro’s executive vice president and chief operating officer, a $400,000 cash retention bonus “as an incentive for his…
NATSO Fights Rest Area Commercialization
NATSO, a national trade association representing travel plaza and truckstop owners is warning Arizona of the dangers of rest area commercialization. Lisa Mullings, the president and CEO of NATSO told Arizona Director of Transportation John Halikowski that adding commercial services to rest areas would allow states to monopolize Interstate business, hurting established commercial enterprises operating at…
Wawa’s Annual Summer Blood Drive Underway
This summer Wawa is making it easy for customers to donate blood by offering a blood drive at more than 25 Wawa sites to help the American Red Cross save lives. The blood drive, already underway, will continue until Aug. 28 in four of Wawa’s operating states: Pennsylvania, New Jersey, Maryland and Virginia. Last year,…
Casey’s Reports Record Fiscal Fourth Quarter
Casey’s General Stores Inc. has reported $0.43 in basic earnings per share for the fourth quarter of fiscal 2010 ended April 30, 2010, compared to $0.31 from the same quarter a year ago. The results include approximately $6.9 million in legal and advisory fees pertaining to the evaluation of the unsolicited offer and related actions…
Jimmy Dean Dies
Jimmy Dean, the country star turned sausage king passed away at the age of 81 at his home in Virginia on Sunday evening, June 13, the New York Daily News reported. Born in 1928, Dean was raised in poverty in Plainview, Texas. He dropped out of high school after the ninth grade. After serving in…
Casey’s Chairman of the Board Passes Away
Ronald Lamb, Chairman of the Board and former CEO, of Casey’s General Stores Inc., passed away Friday, June 11, 2010 following a courageous battle with cancer. He was 74 years old. “Ron’s exceptional character and integrity influenced the lives of many people,” said Robert Myers, president and CEO of Casey’s. “His tireless work ethic and…
Couche-Tard Reacts To Casey’s Lawsuit
Alimentation Couche-Tard Inc. has responded to the lawsuit filed by Casey’s General Stores Inc. in connection with Couche-Tard’s tender offer to acquire Casey’s for $36.00 per share in cash. “We believe this lawsuit is entirely without merit and we will vigorously defend against these baseless claims. We are disappointed that the Casey’s Board of Directors…
Casey’s Files Lawsuit
Casey’s General Stores Inc. on Friday, June 11, filed a complaint in the U.S. District Court for the Southern District of Iowa against Alimentation Couche-Tard Inc., alleging that Couche-Tard violated federal securities laws in connection with its unsolicited tender offer to purchase all of Casey’s outstanding shares for $36.00 per share in cash. As announced…