We have all experienced it. The dreaded process of spending hours upon hours creating a strategic business plan that maps out the goals of the organization. We develop the targets and create lofty initiatives only to see the year come and go as we scratch our heads and wonder why we didn’t achieve all our…
Town Star Holdings Acquires 16 TimeSaver Food Stores
NRC acts as exclusive financial advisor to the buyer. Town Star Holding LLC, an affiliate of Junonia Capital LLC of Fort Myers, Fla., has acquired 16 convenience stores from TimeSaver Food Stores Co., based in Port St. Lucie, Fla. NRC Realty & Capital Advisors LLC acted as exclusive financial advisor to the buyer in connection…
Diesel Demand In U.S. Seen Sliding Despite Climbing LDV Sales
By Brian Milne, energy editor, Schneider Electric The U.S. consumer’s past aversion to diesel operated light duty vehicles is subsiding as evidenced by rising vehicle sales and a broader offering of models by auto manufacturers. Despite this evolution, domestic diesel demand is expected to trend lower in 2017 and thereafter, as heavy duty vehicles increasingly…
Cheyenne International Appoints New CEO
Former chief financial officer takes the helm. Cheyenne International LLC announced that its board of directors has appointed David Scott, 58, as CEO and president of the company. Scott has served as chief financial officer and board member since the company’s inception in 2002 and will transition to the new role effective immediately. “We are…
Kum & Go Plans ADA Compliance Changes After Lawsuit
Some 400 Kum & Go stores to undergo renovations. The Kum & Go is set to spend millions of dollars to make changes at more than 400 stores in 11 states to settle a lawsuit that claimed its gas stations failed to comply with the Americans With Disabilities Act (ADA). Gary McDermott, a man from…
WhiteWave Foods Acquires So Delicious Dairy Free
The WhiteWave Foods Co., a consumer packaged food and beverage company in North America and Europe, has completed its previously announced acquisition of So Delicious Dairy Free for approximately $195 million in cash. WhiteWave funded the acquisition through existing cash balances and available credit. “We are pleased to complete this transaction, which represents a great…
NYACS Invites Neighborhood Retailers To ‘Building Blocks’
Educational Forum set for Dec. 3 in Tarrytown, N.Y. Timely education for convenience store operators and other neighborhood retailers will be offered Wednesday, Dec. 3, 2014, at the DoubleTree by Hilton Hotel in Tarrytown, N.Y. Titled “Building Blocks for Today’s Neighborhood Retailers” and presented by the New York Association of Convenience Stores (NYACS), the event…
Parker’s Raises Over $70,000 For Area Schools
Hosts 2014 Fueling the Community Charity Golf Tournament. The 2014 Parker’s Fueling the Community Charity Golf Tournament, held on Oct. 28 at The Club at Savannah Harbor in Savannah, Ga., raised $70,708 to benefit area schools. The tournament attracted 144 players from across the region, including a number of Parker’s vendors, suppliers and supporters. Proceeds…
Love’s Opens First Travel Stop In Northwestern Alabama
Debuts new location in Muscle Shoals, Ala. Professional drivers now have 76 additional parking spaces in northwest Alabama. Love’s Travel Stops (Love’s) opens its newest location in Muscle Shoals, at the intersection of State Highway 157 and U.S. Highway 72, on Thursday, Oct. 30. The 24/7 travel stop features seven showers, a Love’s Truck Tire…
QuickChek Outsells Starbucks
Ranks first for coffee in overall satisfaction, recommendations and price value. Already voted as making the best cup of coffee in America, QuickChek continues to be the recommended choice close to where those in the Garden State live and work, too. In a survey of retail food service companies, the Whitehouse Station, N.J.-based convenience store…