Archives for December 2012

Measuring Customer Perceptions at Englefield Oil

As part of Convenience Store Decisions’ Extreme Foodservice Makeover contest MSA and Paradigm Sample conducted a pre-makeover survey as a baseline to measure changes in shopper perceptions. By Trish Temmerman, Management Science Associates (MSA). Nowadays, convenience store operators understand the growing importance of differentiating their foodservice and coffee programs to attract and retain customers. Not

Parker’s Donates $10,000 To Memorial Health Foundation

Donation of gas cards aids patients who travel hours to receive care. Parker’s recently donated $10,000 in gas cards to Memorial Health Foundation to help defray the cost for patients and their families to travel to Memorial University Medical Center for chemotherapy, radiation treatment or neonatal care. The gas card donation is part of the

Mintel Finds Breakfast Is Booming

The breakfast foods category has experienced a 20% increase in dollar sales from 2007-11, going from $10 billion in 2007 to $12 billion in 2011. Breakfast is the most important meal of the day, the old adage says, and it looks like U.S. consumers are growing more conscious of the importance of a healthy start

Technomic Reveals Top 10 Adult Beverage Trends

Sweet wines and flavored whiskey, among trendy adult beverages in 2013. Technomic has tapped its analysts, consultants and experts to highlight the trends shaping the drinks business in 2013. Based on ongoing research into spirits, wine and beer volume and sales, as well as surveys, interviews and discussions involving brand marketers, on-premise and retail operators,

Americans See Smartphone Payments Replacing Cash And Cards

Harris Poll finds few Americans display a strong interest in replacing their own cash or card transactions with the tap of a smartphone, but still see smartphone payments as the wave of the future. Just imagine it:  you’re holiday shopping, or perhaps ordering a drink at your favorite coffee shop.  While the gift wrappers start

Aftershocks from Hurricane Sandy

In a time of need for our customers, one bad apple can spoil all of the good will done by others. By Jim Callahan. “One bad apple spoils the bunch.” That is an old saying that certainly rings true, even more so when faced with public scrutiny over the availability and pricing of petroleum products.

Valero Announces Corporate Leadership Changes

“This realignment is important for the development and execution of our strategies,” says Valero CEO. Valero Energy Corp. announced corporate leadership changes that will take effect on Jan. 1, 2013. Kim Bowers, currently serving as executive vice president and general counsel, will be responsible for the company’s retail organization in the U.S. and Canada as

CITGO, Food Bag Reward Shoppers

“Home for the Holidays” Customer Appreciation Week awards customers with promotions, giveaways. CITGO Petroleum Corp. and local CITGO Marketer Food Bag are offering customers free coffee, fountain drinks and Monster Energy Drink tastings at four Food Bag CITGO Quik Mart locations in the Hartford area as part of their “Home for the Holidays” Customer Appreciation

Pantry Announces Q4 Results

“Our team continued to deliver strong store operating results aided by the 13% foodservice sales growth in comparable stores,” says The Pantry CEO. The Pantry Inc. has announced financial results for its fiscal fourth quarter and year ended Sept. 27, 2012. Q4 DetailsThe Pantry experienced a net loss of $4.8 million or $0.21 per share

Vendgogh Partners With Northwest Pump & Equipment Co.

“We are looking forward to working with Northwest Pump to reach the 75% of gas customers that never go into the store,” says Vendgogh CEO. Vendgogh, provider of Gas Island Vending Solutions, has entered into a strategic partnership with Northwest Pump & Equipment Co. Northwest Pump is a solution integrator to convenience stores in nine

Market Domination Strategies to Boost Retail Profits

Companies have many options when it comes to gaining market share and increasing profits. Learn about strategic marketing and the tools companies are using to their advantage. By Betsi Bixby, Contributing Editor. One of my greatest joys is when clients discover strategies and develop game plans that result in market domination. What does it take

Gasoline Prices Pressured by Weak Demand

By Brian L. Milne, Energy Editor, Schneider Electric Wholesale gasoline costs moved lower coming into the second week of December, reflecting sliding values in spot and futures trading that will also prompt another decline in retail prices, which the Energy Information Administration (EIA) last said averaged nationally at a $3.394 gallon five-month low. The U.S.

Couche-Tard To Acquire 29 Stores in Illinois, Missouri and Oklahoma

“Strategically, this acquisition would be a great addition to our expansion and growth plans for the Midwest division,” says Couche-Tard spokesperson. Alimentation Couche-Tard Inc. has signed, through its wholly-owned indirect subsidiary, Mac’s Convenience Stores LLC, an agreement to acquire 29 stores—25 stores are located in Illinois, three in Missouri and one in Oklahoma. The transaction

Fans Elect New M&M Color Mix

Mix of new and original colors now available in new eight-ounce package. M&M’S have a colorful history that dates back more than 70 years. But never before have fans been given the opportunity to choose the specific color combination for mass produced packages of M&M’S—until now. Mars Chocolate North America is introducing a new limited-edition

Core-Mark To Purchase J.T. Davenport & Sons

Core-Mark to add over $600 million in annualized revenues. Core-Mark Holding Co. Inc., one of the largest marketers of fresh and broad-line supply solutions to the convenience retail industry in North America, has signed a Definitive Stock Purchase Agreement to acquire J.T. Davenport & Sons Inc., located in Sanford, N.C. The transaction is structured as

CHS Poised For Growth

Key investments in current business operations and in new ventures to drive long-term success. Consistent strong financial performance, coupled with strategic domestic and global investments have positioned CHS, producer and co-op owners for long-term growth, leaders of the nation’s largest cooperative reported at its annual meeting. CHS operates petroleum refineries/pipelines and manufactures, markets and distributes

Bursting With Energy

Our nation is in the midst of an energy crisis. And it has nothing to do with the price of oil. Sleep-deprived and overworked, Americans crave anything with the word “energy” on the label. By Howard Riell, Associate Editor. Energy drinks are of course wildly popular, but energy shots—those two-ounce packages loaded with concentrated doses

NJOY Kings Launches Nationally With NYC Party

Electronic cigarette maker NJOY celebrated the nationwide launch of its newest electronic cigarette, the NJOY Kings, with an impressive gala at New York City’s historic Jane Hotel. The release of the NJOY Kings is the realization of NJOY’s commitment to innovation. From a technology standpoint, NJOY continues to build its business by leveraging award-winning technology

Cenex Seizes Success

Company-owned Cenex Zip Trip stores feature a revamped look and a new line of fresh foods, while the Cenex-branded network is driving sales with a renewed retail design and a loyalty partnership with Cabela’s. By Erin Rigik, Associate Editor. CHS Inc. is surging into 2013 with exciting new convenience store designs for its two primary

Sustainable Steps for Conserving Energy

Kum & Go goes large with LEED certification, while smaller operators are opting for lighting upgrades. What can your store do to grow sustainability? By Erin Rigik, Associate Editor. Regardless of a convenience store chain’s size, opportunities exist for improving the bottom line through energy efficiency, both by reducing operations costs and by attracting environmentally-focused

FDA’s Request For Graphic Label Rehearing Denied

Now the FDA must decide whether to file a petition with the U.S. Supreme Court, asking the court to accept the case for a hearing. The U.S. Circuit Court of Appeals for the District of Columbia has denied the Food and Drug Administration (FDA)’s petition that the full panel of District of Columbia Circuit Court

Rutter’s Announces Four-Cent Gas Discount

Rutter’s Rewards customers can now save even more on gas. Rutter’s Farm Stores  has announced an addition to the Rutter’s Rewards program, which  gives customers a four-cent gas discount for scanning a Rutter’s Rewards card at the pump, while maintaining the ability to earn additional cents-off-per-gallon rewards for in-store purchases. Customers will still have the

Oberto Brands To Open Production Facility in Nashville

New facility helps Oberto keep pace with growing meat snack demand. Oberto Brands, a national leader in the meat snacks category and maker of the popular Oh Boy, Oberto! jerky line, is opening a new production facility in Nashville, Tenn. in the first half of 2013, bringing hundreds of jobs to the area. The new

The Coca-Cola Co. Introduces Fair Oak Farms Brands

Core Power Protein Milk Shake and opportunities for future dairy-based beverages drive investment. The Coca-Cola Co. and Select Milk Producers Inc. have announced the acquisition of equity stakes in the newly-created Fair Oaks Farms Brands LLC to drive growth and expansion of Core Power and to create an innovative portfolio of brands and products that

Smokeless Sales are Surging

Innovations and competitive pricing are pushing the popularity of moist smokeless tobacco. By John Lofstock, Editor. With cigarette smokers in flux—some sticking to favorite brands, others trading down or trying e-cigarettes and some transitioning to smokeless products—opportunities for c-stores abound. Industry insiders are looking for increased moist smokeless tobacco (MST) usage and concomitant rise in