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…
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…
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…
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…
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.…
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…
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…
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…