Archives for October 2012

Hershey’s Reports Third Quarter Results

“I’m particularly pleased with our chocolate marketplace performance where we gained 0.4 market share points driven by core brands and new products,” says Hershey’s CEO. The Hershey Co. has announced sales and earnings for the third quarter ended Sept. 30, 2012. Consolidated net sales were $1,746,709,000 compared with $1,624,249,000 for the third quarter of 2011.

Social Media Engagement Drives Sales, Study Reveals

Research from LoyaltyOne, Northwestern and Ivey Business School demonstrates up to 30% increase in purchase behavior from social media participants. Research released by LoyaltyOne and two leading North American academic institutions provides empirical proof that social media interaction between a customer and a brand drives immediate and long-term sales increases. The research constitutes a social

Energy Patch

ROCASUBA Inc. has introduced Spot On Energy patch, a new technology to further drive the energy growth market. Spot On Energy patch is a new delivery method that is a safe and healthier alternative to energy drinks, shots and supplements. The product is all-natural, sugar free, has zero calories, and no preservatives. It safely provides up to

Maximize The Morning Daypart

Lettieri’s has just introduced two new flavors to its growing line of Stuffed Breadstix, ideal for a morning roller grill menu.  They are a Sausage & Maple and Sausage, Maple & Blueberry Stuffed Breadstix.  The Sausage & Maple combines country-style breakfast sausage crumbles with a sweet maple flavored filling.  The Sausage, Maple & Blueberry possesses

Best in Class Ice Machines

Hoshizaki America Inc. was recognized by Foodservice Equipment Reports as Best in Class for Ice Machines for the 4th consecutive year by operators. Hoshizaki has won the last six of seven years.  In previous years, Hoshizaki has won Best in Class by both operators and consultants in the Ice Machine category.   Hoshizaki is committed to

Touchscreen Coffee Brewers

Developing revolutionary coffee equipment solutions for 25 years, FETCO has  introduced the EXTRACTOR Airpot Touchscreen Series Coffee Brewing System. The perfect hot beverage solution for high-volume self-service environments, such as convenience stores, cafeterias, specialty coffee shops or office coffee service, FETCO’s new Airpot Touchscreen Coffee Brewing System takes the simplicity of coffee brewing to a

Kum & Go To Invest $90 Million In Eco-Friendly Stores

Some 20-25 new stores planned for the Colorado Springs and Pikes Peak area within five years. Kum & Go is celebrating its grand opening in Colorado Springs and has plans to invest $90 million in building a total of 20-25 new stores in the Colorado Springs and Pikes Peak region of the Centennial State within

U.S. To Achieve Record Oil Production

Energy Department forecasts U.S. production of crude and other liquid hydrocarbons, including biofuels, will average 11.4 million barrels per day next year. According to the Associated Press, U.S. oil output is surging so fast that the U.S. could soon overtake Saudi Arabia as the world’s biggest producer. Driven by high prices and new drilling methods,

Casey's, Hy-Vee Join Forces For Fuel Savings Program

With the typical household spending nearly $350 per month on gas, Casey’s and Hy-Vee team to offer some price relief.   Casey’s General Stores has partnered with Hy-Vee Inc. to launch a program that will allow customers to save $2 or more per gallon on gasoline purchases at all Hy-Vee and Casey’s stores. The new

Chevron, Safeway Team For Fuel Rewards Program

Customers can now make shopping for groceries count at the pump. Chevron and Safeway Inc. have partnered to offer a joint Reward Points loyalty program. Customers who earn Gas Rewards by shopping with their VonsClub Card at Vons stores and their ValuePlus Card at Pavilions stores will now be able to use their Rewards for

Financing Acquisitions and Upgrades

Changes in the IRS tax code will impact how operators can expense capital improvements. By Mark Battersby, Contributing Editor. In an effort to resolve the controversy over whether certain expenditures made by a convenience store chain, franchise or independent fuel marketer are currently deductible as repair expenses, or whether they must be capitalized and deducted

RFID Chips Inspiring Fraud

A special report by WTHR News 13 discovered that RFID (radio frequency identification) chips inside specific credit cards are offering thieves a new, easy way to steal credit card data. Cards with RFID tags can be identified by a symbol featuring four curved lines, or by the words payPass, payWave or Blink. Customers with these

Gen-Xers Practicing Frugal Ways

Overall consumer sentiment more positive. Generation X, those born after the post World War II baby boomers, generally has a positive outlook on the economy, but that doesn‘t mean they are free spenders. In fact, they are more frugal than baby boomers and seniors, according to SymphonyIRI‘s Q3 2012 MarketPulse, the ongoing survey series that

MAPCO Express Chooses PeopleAnswers

MAPCO Express looks to improve quality of hires and employee retention with the PeopleAnswers HR solution. MAPCO Express and PeopleAnswers have signed a three-year software licensing agreement where the convenience store chain will use the PeopleAnswers HR solution to assist in selecting and hiring corporate positions and store-level staff. “When customers visit a MAPCO store,

JTI U.S.A. Names New Director of Portfolio, Brand & Trade Strategy

“I know Christopher will continue to challenge the status quo with clear strategies for growth and improvement of JTI U.S.A. brands,” says JTI U.S.A. general manager. JT International U.S.A. (JTI U.S.A.) has appointed Christopher Mitchell as director of the portfolio, brand & trade strategy pillar in the consumer & trade marketing department. In this role,

CITGO Awards Hands for Hillcrest Grants

“We look forward to the positive results that the program will generate for the benefit of our neighbors,” says CITGO spokesperson. CITGO Petroleum Corp. and its Corpus Christi refinery have announced the recipients of $500,000 worth of grants under the first year of the company’s Hands for Hillcrest program. The initiative is aimed at supporting

Controlling Fuel Volatility

With gasoline prices again soaring, convenience store and petroleum retailers are investing in software solutions that can help them manage the business more effectively. By Howard Riell, Associate Editor. Convenience store operators are feeling the pinch from skyrocketing gas prices, which makes fuel inventory controls even more critical in helping retailers reduce costs and bolster

Best Petroleum's Richard Salinsky Enshrined into High School Football Hall of Fame

By John Lofstock, Editor It’s been a busy year filled with accolades for venerable industry icon Richard Salinsky. With more than 50 years of experience and dedication to the industry, Salinsky was honored earlier this year with the prestigious Distinguished Marketer Award from SIGMA, the Society of Independent Gasoline Marketers of America (SIGMA). Now, the

Wholesale Gasoline Costs Slide as Supply Tightness Eases

Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline costs were lower in most metropolitan markets across the U.S. coming into the final full week of October, pressured by rebuilding gasoline supply as refinery processing ramps up after a series of unexpected outages had propelled gasoline costs sharply higher. The total domestic gasoline inventory

Thorntons Celebrates Humanitarian Day 2012

Through a partnership with Projects With Purpose, Thorntons’ employees volunteer to help Catholic Charities of Louisville and Henryville tornado victims. As part of its ongoing community giving program, Thorntons Inc. employees will be participating in the company’s annual volunteer Humanitarian Day on Sunday, Nov. 11.  This year’s focus is two-fold on behalf of both downtown

Wawa Celebrates 20th Anniversary of ESOP

During National Employee Ownership Month, Wawa celebrates 35 years of sharing ownership. Wawa Inc., this month, is celebrating its commitment to employee ownership through a variety of meaningful activities during October’s National Employee Ownership Month. 2012 is a milestone year for Wawa, marking 35 years since it began sharing ownership with its associates and 20

Fresh-Brewed 7-Election Poll Results

Obama maintains lead in 7-Eleven coffee cup poll, but cup counts shift in some swing states after first debate. There are 14 days left to vote in 7-Election, 7-Eleven’s presidential coffee cup poll. Before the first debate, President Barack Obama had maintained a steady 20-point lead over Republican challenger Mitt Romney, through the first four

Shifting Smokers Spur Category Evolution

As more cigarette buyers switch to smokeless and electronic tobacco products, convenience store retailers juggle SKUs to drive profit.    By Howard Riell, Associate Editor. Traditional cigarettes—once the mighty margin maker for retailers—continue to face a rocky road as the tobacco market shifts toward increasing consumer interest in moist smokeless, flavored cigars and electronic cigarettes.

Orion Food Systems Honored by Soldier’s Special Request

Orion goes to great lengths to ship pizzas, calzones, Philly Steak Stuffed Baguettes, BBQ Beef Stuffed Baguettes and cheeseburgers to an Air Force base in Afghanistan after receiving a soldier’s request. Of all the recognition and honors Orion Food Systems has received for the last 30 years, none have meant more than the request they

Higher Profits in the Cards

Technology is making it faster, easier and more convenient for consumers to purchase, manage and reload prepaid cards. By Marilyn Odesser-Torpey, Associate Editor. The direct-to-consumer prepaid market, including general-purpose, reloadable cards, such as Green Dot and NetSpend, phone cards and gift cards of all types, is growing by leaps and bounds. Last year, dollars loaded