Love’s completes installation of DEF at the pump at all of its travel stops nationwide. Love’s Travel Stops now offers diesel exhaust fluid (DEF) at the pump for professional truck drivers at all 245 travel stops across the country. Love’s began installing DEF at the pump on diesel islands in 2011 and completed its rollout…
Mars Publishes Principles In Action Summary
Encompassing themes of its supply chain, operations, brands, health and nutrition and working at Mars, the Principles in Action Summary focuses on progress Mars has made against its ambitious targets set in 2011. Mars Inc. has published its third annual Principles in Action Summary on Mars.com, which details the company’s approach to business—its progress and…
Wholesale Gasoline Costs Mixed as July Nears End
By Brian L. Milne, Energy Editor, Schneider Electric Wholesale gasoline costs were mixed with a downside bias for the week-ended Monday (7/29), pressured by a selloff in New York Mercantile Exchange Reformulated Blendstock for Oxygenate Blending futures from a four-month registered July 19. The mostly lower wholesale costs won’t, however, translate into lower retail prices…
Atlas Oil Expands Presence in Southeast U.S.
Adds offices in Orlando, Fla., Charlotte, N.C. and Greensboro, N.C. Atlas Oil Co. has expanded its presence in the Southeast with additional offices and trucking assets in Orlando, Fla,, Charlotte, N.C. and Greensboro, N.C. The expansion is a natural outgrowth of increasing commercial business demand for fuel in the Southeast. “As the nation’s economy continues…
Massachusetts Prepares For Tobacco Tax Hike
Retailers in the state will need to mark up cigarettes as of July 31, 2013 at least an additional 25 cents per pack due to the $1 per pack tax increase because the state minimum cigarette price law requires a 25% minimum retail mark up. The Massachusetts Department of Revenue has issued a notice that…
Delek Logistics Acquires Tyler Storage Tanks, Product Terminal
“This transaction is expected to increase the annual EBITDA forecast provided in Delek Logistics’ IPO prospectus by approximately 21%,” says Delek Logistics CEO. Delek Logistics Partners LP and Delek US Holdings Inc. have announced that Delek Logistics has acquired, from a subsidiary of Delek US, certain storage tanks and the product terminal at Delek US’s…
Consumer Confidence Tied To Gas Prices
“For the past seven months, consumer sentiment has risen or fallen along with gas prices,” says NACS Vice President of Government Relations. The news is decidedly mixed as it relates to consumer confidence about the economy. On one hand, U.S. gas consumers headed into July more optimistic than they have been all year. However, given…
Bobby & Steve’s Auto World Launches World-Class Loyalty Program
Minnesota convenience store chain will offer its loyalty customers lower gas prices through its World Rewards program powered by KickBack Rewards Systems. Bobby & Steve’s Auto World has introduced its highly-anticipated advocate loyalty program – World Rewards. The World Rewards program, powered by KickBack Rewards Systems, was created as a loyalty platform to help consumers…
Dunkin’ Donuts Enters Southern California
“Our continued focus on franchisee profitability and restaurant economics has made our long-awaited expansion into California possible,” says president of Dunkin’ Donuts, U.S. & Canada. Dunkin’ Donuts, has signed its first Southern California multi-unit store development agreements with four franchise groups for a total commitment of 45 new restaurants. The first standalone restaurants are expected…
Hershey Announces Second Quarter Results
Updates outlook for 2013. The Hershey Co. has announced sales and earnings for the second quarter ended June 30, 2013. Consolidated net sales were $1,508,514,000 compared with $1,414,444,000 for the second quarter of 2012. Reported net income for the second quarter of 2013 was $159,504,000 or $0.70 per share-diluted, compared with $135,685,000 or $0.59 per…