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Couche-Tard Reports Record Net Earnings For Q1 2015

“What stands out above all is the continued strong performance of our teams which enabled us to post strong organic growth on all fronts,” says Couch-Tard CEO. Couche-Tard reported record net earnings of $269.5 million ($0.47 per share on a diluted basis) for the first quarter of fiscal 2015. Excluding non-recurring items for both comparable

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Couche-Tard Sells its Aviation Fuel Business

The deal is expected to close by the end of 2014. Alimentation Couche-Tard Inc. has signed, through its wholly-owned indirect subsidiary Statoil Fuel & Retail AS, an agreement to sell its aviation fuel business to Air BP. The sale is done through a share purchase agreement pursuant to which Air BP would acquire 100% of

Somerset, Kentucky

By Tony Huppert, CEO, Team Oil Inc. I’ve been following the ‘Socialized Retail Gas Concept’ in Somerset Ky. Using an existing city-owned filling station and a nearby refinery to supply it, officials of Somerset recently decided to serve residents by going into the gas business themselves. Somerset City Council this past June voted 10-0 in

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Dollar General Raises Family Dollar Bid

Dollar General offers $80 per share, agrees to divest up to 1,500 stores if required. Dollar General Corp. has sent an enhanced acquisition proposal to the Board of Directors of Family Dollar Stores Inc. Under the terms of the revised proposal, Dollar General would increase its all-cash proposal for all outstanding shares of Family Dollar

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Love’s Travel Stops Opens Two New Locations

Love’s opens two additional travel stops on I-10. Love’s Travel Stops (Love’s) has opened two new travel stops. The travel stops Mossy Head, Fla., located at I-10, Exit 70, and Fort Stockton, Texas, I-10, Exit 261, opened for business on Aug. 28. The Mossy Head location features Subway and McDonald’s restaurants, 82 truck parking spaces

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Pilot Flying J Takes ALS Ice Bucket Challenge

Challenges trucking industry to help support the cause. Jimmy Haslam CEO of Pilot Flying J, led team members in the Ice Bucket Challenge, a national campaign to raise awareness and funds for the ALS Association. The event took place at the Pilot store at 8541 Middlebrook Pike in Knoxville, Tenn., on Aug. 14. Behind Haslam

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Chain Restaurant Traffic Stable

Visits to independents decline, according to an NPD report. The strength and marketing clout of major and small restaurant chains kept total restaurant industry traffic flat instead of declining in the April/May/June quarter while visits to independent restaurants (1-2 units) declined by 2%, reported The NPD Group, a global information company. Visits to major restaurant

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Solving The Retail Investment Puzzle

By John Matthews, founder, Gray Cat Enterprises. You own a bunch of stores all varying in size and age. Over the years, product assortments and sets have come and gone and you have ridden certain designs into the ground. Each of your stores needs capital infusion – a refresher – but you do not know

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The Convenience Retailing of Tomorrow

Technology and automation to be the biggest trends impacting convenience stores in the future. By Howard Riell, Associate Editor “You can’t connect the dots looking forward,” Steve Jobs once cautioned. “You can only connect them looking backwards, so you have to trust that the dots will somehow connect in your future.” And so as Convenience

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Enmark Raises $1000 for Savannah Bicycle Campaign

Health and wellness lectures aid community. Matching proceeds raised from John Bennett’s “5 Ways to Make Bicycling a Healthy Part of Your Daily Life”, the third of five lectures in the Enmark Encourage Health Education Series 2014, Enmark Stations raised $1000 for Savannah Bicycle Campaign, a nonprofit organization working to build a better Savannah through

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BP to Roll Out Network Wide Technology Offer

Technology upgrades to meet global credit and debit card standards reducing potential fraudulent transactions and enable enhanced consumer loyalty and payment offers. BP is set to begin communicating a new technology solution and associated offer for BP branded retailers in early 2015, with deployment expected to begin in mid-2015. The new technology solution will include

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Stockholders Approve Susser-ETP Merger

After receiving this stockholder approval, all significant closing conditions for the Merger have been met. Susser Holdings Corp. and Energy Transfer Partners L.P. have announced that Susser Holdings Corp. stockholders voted to approve the proposed merger with ETP at a special meeting of Susser stockholders. Approximately 99% of the shares voted at yesterday’s meeting voted

HERSHEY

The Hershey Co. Updates Its Corporate Brand

Unveils a new company logo One hundred-twenty years ago, people across America fell in love with the name “Hershey’s” stamped on a chocolate bar. Today, The Hershey Co.—known for its iconic Hershey’s Milk Chocolate bars and more than 80 other confectionery brands around the world—is unveiling a refreshed corporate brand that builds on the company’s

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Understanding Your Financing Options

By Mark Battersby, Contributing Editor How many convenience store retailers have failed to grow or expand their businesses because of a fear of “over-extending” themselves? All too often this fear exists simply because the convenience store operation’s executives and managers are not aware of the tremendous number of financing options that are available to expanding

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7-Eleven Expands Belly Partnership

Loyalty program to grow to more stores across the nation. 7-Eleven is growing its partnership with Belly, a Chicago-based loyalty platform that teams with merchants to provide shoppers with rewards for repeat purchases. This expanded partnership will bring Belly to more than 2,000 new 7-Eleven convenience store locations in Chicago, Los Angeles and the Northeast,

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MAPCO Lauches Mobile Payments At The Pump

Customers can use the MY MAPCO app to pay for gas via PayPal. MAPCO Express, a convenience store chain and petroleum operator in the southwest U.S., has officially rolled out mobile payment for gas via a smartphone app as a payment option at 276 MAPCO locations, Mobile Payments Today reported. MAPCO teamed with PayPal, in

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Love’s Opens Three New Locations

Love’s opens in Franklin, Va.; Angola, Ind.; and Indianola, Miss. Love’s Travel Stops (Love’s) opened three new travel stops on Thursday, Aug. 21. The travel stops are in Franklin, Va., located at U.S. Highways 58 and 258; Angola, Ind., I-69, Exit 348; and Indianola, Miss. at U.S. Highways 82 and 49. All three sites are

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LED Vapor Tight Linear Fixtures

Engineered for powerful lighting in a watertight enclosure, MaxLite introduces DesignLights Consortium (DLC)-qualified LED Vapor Tight Linear Fixtures for harsh environment installations. MaxLite provides the IP66-rated fixtures. The dimmable fixtures can meet California Title 24 requirements and are available for purchase with rebates of up to 50 cents per kilowatt-hour from select utilities. The DLC-qualified

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Specialty Drink Pumpkin Flavor

Draw in consumers looking for popular holiday beverages this fall with DaVinci Gourmet Pumpkin Pie Sauce. Crafted with high-quality ingredients and real sugar, this festive, decadent sauce tastes just like a slice of pie. DaVinci Gourmet specially formulated its Pumpkin Pie Sauce for specialty coffee drinks, meaning it pairs well with espresso and will not clump

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Pizza Chips

Combining the flavor of pizza with the crunch of a light and crispy chip, new Totino’s Pizza Chips from General Mills Convenience & Foodservice help convenience stores capitalize on the popularity of pizza today. Available in two popular pizza flavors, Pepperoni and Cheese, each 1.25-ounce package has a suggested retail price of $1.49. Bringing a

New Voodoo E-Vapor Merchandisers Fit Any Retail Set

Voodoo Merchandisers

Kretek International  has announced a new series of Voodoo acrylic displays and pre-packed merchandisers, with choices ranging from a complete line of pre-packed six-count e-liquid and disposable e-vaporizer display cartons to 74-count and 144-count permanent acrylic Voodoo merchandisers with up to 17 different SKUs of e-liquids, e-pens, and accessories. A 12-count refillable acrylic cube of

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Whoopie Pies

Traditionally a New England treat, Whoopie Pies can be found on the shelves and in bakery cases across America. Serve then as a snack or dessert. Bake’n Joy makes it easy: Chocolate Pudding Cake Batter in an eight-pound pail is ideal for creating traditional whoopie pies in whatever size you desire —simply change the scoop

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Hearty Chili For Fall Menus

With cooler weather approaching, now is the perfect time to warm up with a variety of Chef-Mate chili entrees. Choose from Hot Dog Chili or the Original Chili with or without beans to serve a perfect home-style meal that customers crave. Serve these delicious products as-is or to top hot dogs, burgers, nachos or potatoes

MiO

Free Merchandising Racks

Kraft Foodservice is offering FREE MiO merchandising racks to help boost bottled water sales. With two options available, branded merchandising racks make it easy to present eye-catching mini MiO bottles and entice customers to add on to their bottled water purchases. MiO is here to create new profit occasions—especially considering 40% of MiO buyers also

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FlexIP Control Panel

3xLOGIC Inc. has introduced the availability of the FlexIP Control Panel, supporting 16 Audio Sensors, 16 Alarm Inputs, and 4 Auxiliary Outputs. FlexIP represents a multi-communication protocol (IP, cell, and modem) plug-and-play solution for new Sonitrol customers and upgrades for existing customers as well. Developed at 3xLOGIC’s Innovation Center in Orlando, the FlexIP Control Panel

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