Will Couche-Tard Bid On Hess’s Retail Operations?

“When assets like this come up for sale, which isn’t very often, you need to be opportunistic,” notes one analyst. Alimentation Couche-Tard, analysts expect, is likely to make a play for Hess’ retail operations, now that Hess has filed with the SEC, noting it would either distribute its retail business to shareholders in a tax-free

Susser Among Wells Fargo’s Top Picks For 2014

“The market is not fully recognizing SUSS’s valuable stake in SUSP and the earnings power that can be generated in SUSS’s best-in-class retail business,” notes Wells Fargo. Wells Fargo Securities has introduced its 2014 Integrated Research & Economics Outlook where its analysts have provided their sector forecasts and top investment recommendations for 2014. Wells Faro’s

What’s in Store 2014 Reports On State of the Industry

Digital platforms and personalized promotions are encouraging the “de-averaging” trend. What’s in Store 2014, the latest edition of the annual trends publication of the International Dairy-Deli-Bakery Association (IDDBA), is an essential dairy-deli-bakery-cheese resource providing vital data on the growth, trends, and category changes shaping the food industry. What’s in Store 2014 is composed of six

Hess To Spin Off Retail Segment

Despite SEC filing, Hess continues to seek bids from interested buyers. Hess Corp. has filed with the U.S. Securities and Exchange Commission for a potential spinoff of its retail segment, but noted it would still solicit offers from potential buyers to purchase the entire retail business, the Wall Street Journal reported.    If bids come

Rutter’s Charitable Giving Reaches $3.7 Million

Rutter’s donated $213,000 to Central Pennsylvania charities in 2013, elevating  the company’s charitable giving total to $3.7 million over the last 10 years. “We believe that our donations to community organizations, primarily those focused on improving the lives of local children, have made a significant and positive impact across the six central Pennsylvania counties in

Vapor World Expo To Debut Near Chicago

The first of its kind trade show is set for May 2014. TMG International has announced Vapor World Expo; an all vapor business-to-business conference and exposition that will take place in Rosemont, Ill. The expo is set for May 7-8, 2014at the Donald E. Stephens Convention Center, located just minutes from O’Hare International Airport, Chicago.

Randy

Fastrac Markets Announces New Vice President of Petroleum

Looks to fill open CIO position. Fastrac Markets, a local upstate New York convenience store chain, announced the promotion of Randy Case to vice president of petroleum. Case joined the Fastrac family in May of 2006 as the chief information officer (CIO). As CIO, Case had introduced and implemented numerous programs that improved the reporting

Italian Meats Pizza

Premium Toppings, Pairings Boost Pizza Sales

Customizable options and combo opportunities are creating exciting new options across the foodservice category. By Erin Rigik, Associate Editor Pizza remains among one of the most demanded foodservice options anywhere in the country. But it’s also one of the most competitive menu options. Customers are demanding high quality toppings and more exciting varieties in their

Surveillance Camera And Young Man In Hooded Sweatshirt

Safe and Secure in the Convenience Store

Prominently placed security cameras can help deter potential thieves and identify those who do steal. By Pat Pape, Contributing Editor Thanks to the Internet, store operators concerned about shrink, shortage and safety now have the ability to videotape all in-store activities, plus monitor their outlets in real time from virtually anywhere in the world using

flexfuel

Alternative Fuels Gaining Traction

While sales are increasing, the overall market share remains dwarfed by gasoline. By Brian L. Milne, Energy Editor, Schneider Electric U.S. vehicle sales in November 2013 at 1.243 million were at a 10-year high for a November, according to Edmunds.com, the car people. And, WardsAuto.com, which tracks global auto sales and trends, in December said

meatsnacks

Opportunities Abound in Meat Snacks

Mintel forecasts sales will top $1.3 billion by the end of 2015. By John Lofstock, Editor Estimates from Chicago-based Mintel Group, based on the Bureau of Labor Statistics’ Consumer Expenditure Survey and other data, project solid growth for meaty snacks all the way through at least 2015, when they should top $1.3 billion. The research

quiktrip employee

Making a Great First Impression

Most people will judge you within the first few seconds of meeting you and their opinion will most likely never change. By Jim Callahan. I was in a client store recently and saw a familiar, middle-aged cashier behind the counter that recently began paying a little extra attention to her work appearance. Dressed in the

Sunoco A Plus Bristol PA-88-cet

A Look Forward at 2014 Trends

Fuel price volatility and industry consolidation will continue to affect the convenience store and petroleum industry over the next 12 months. By David Zahn, Contributing Editor The past year was full of surprises. The much hyped hurricane season didn’t live up to its billing, and gas prices that seemed to rise for months plummeted in

Delivering a Service Culture

From great corners, clean restrooms and modern facilities to fresh food and a wide selection of popular snacks, convenience stores are committed to delivering outstanding service. This commitment is evident in the  industry’s growing sales numbers at a time when most other retail channels are struggling to break even. This service-driven culture is the industry’s

Twelve Convenience Stores With Gas For Sale in Texas

SDI Petroleum looks for buyers in sealed-bid auction. NRC Realty & Capital Advisors LLC (NRC) is coordinating the sale of 12 operating convenience stores with gas in Texas for SDI Petroleum LLC of Houston, Texas. The convenience stores are located in Alamo, Brownsville (2), Donna, Edinburg, Laredo (6) & Pharr, Texas on high-traffic corners. Building

Gulf Oil Launches Fuel Supply Business Segment

Company to supply diesel and gasoline to fleets in commercial sectors across the nation; industry veteran Douglas Moor joins company to direct daily operations of new unit. In a groundbreaking move for Gulf Oil LP, the fastest growing branded marketer of energy products in the U.S., the company announced the continued expansion and diversification of

Experian Points To Six Types Of Deal-Seeking Customers

Nearly 40% of U.S. consumers are unlikely to change their behavior as the result of a discount. A new report from Experian Marketing Services, a global provider of integrated consumer insight, targeting, data quality and cross-channel marketing, argues that while many consumers expect to get a deal or discount, others are willing to pay more,

slovacek

Slovacek’s Captures the Heart of Texas

This company’s latest convenience store celebrates the local Czech heritage and wows customers with unique features from a dog park to an upscale meat market. By Erin Rigik, Associate Editor. Slovacek’s, a sausage company turned c-store, celebrated the grand opening of its newest location in West, Texas. At a whopping 22,000 square feet, the convenience

GasPumpsLR

Gasoline Costs Drop with the New Year’s Eve Ball in N.Y.

By Brian L. Milne, Energy Editor, Schneider Electric In financial trading for gasoline, the New York Mercantile Exchange RBOB futures contract with nearest delivery erased in short order a late December advance that peaked at a $2.8463 gallon 3-1/2 month high the day following Christmas in early trading in 2014 on sentiment gasoline demand would

FLYERS ENERGY, LLC LOGO

Flyers Energy Acquires Allied Washoe Petroleum

Flyers is actively looking for additional acquisitions throughout California, Oregon, Washington, Idaho, Utah, Nevada and Arizona. Further advancing its previously-announced aggressive growth strategy, Flyers Energy LLC has acquired the assets of Allied Washoe Petroleum, a fuel distributor based in Reno, Nev.  Privately-owned Flyers Energy is on a campaign to expand their holdings throughout the Western

Kwik Trip Introduces Employee Health Clinic

Employees receive free wellness visits. Convenience store operator Kwik Trip is making health care more convenient for employees by introducing a new employee health clinic at its La Crosse, Wis.-based headquarters. The clinic will serve about 3,000 Kwik Trip employees and their families in the La Crosse area and provide online services for them and

Retailers Respond to the American Bankers Association

The National Retail Federation (NRF) issued the following statement from Senior Vice President for Communications and Public Affairs Bill Thorne in response to the attack from the American Bankers Association: “The American Bankers Association has made the tactical choice to avoid talking about the merits of the court’s swipe fee settlement decision, primarily because the

DOVE

Dove Dark Chocolate Launches Sweepstakes with Nicole by OPI

“In 2014, we want to encourage people to discover the delicious taste of DOVE Dark Chocolate,” says Mars chief consumer officer. DOVE Dark Chocolate and NICOLE by OPI are celebrating the New Year with the launch of the “Discover Your Dark Side in the New Year Sweepstakes.”  The Facebook-based promotion will randomly award 25,000 entrants

Tony Huppert

Minimum Wage Dilemma

By Tony Huppert, CEO, Team Oil Inc. I recently received an email from a State Senator highlighting the need to raise the minimum wage. The Senator mentions polls and surveys that support the belief. The problem with polls and surveys, they can be worded to get whatever result is wanted.  OK, on with the minimum

David Woodley Advances into executive vice president position at Sheetz.

Louie Sheetz Steps Down As Woodley Assumes EVP Role

“Louie has been a great mentor and friend to me.  I am grateful for the same opportunity to follow,” says David Woodley.  Sheetz vice president of sales and marketing, David Woodley, moves into the executive vice presidency spot vacated by Louie Sheetz. Woodley has led the Sheetz sales and marketing department since 2005. The transition

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