CEO hires on two former 7-Eleven executives to round out management team. Blockbuster Inc.’s Chief Operating Officer Nick Shepherd has revealed that he will be leaving the company at the end of September, and two former 7-Eleven Inc. executives are coming on board. Blockbuster Chairman and CEO Jim Keyes will be bringing on old 7-Eleven
“Victor E Van” customized for Arizona State University. Chevron Products Co. has released Victor E. Van, the newest addition to its Chevron Cars family, customized for Arizona State University (ASU). Victor E. Van comes in ASU maroon and gold, features eyes that move, doors that open, side-view mirrors, and stickers with the ASU logo. Vans
Proprietary packaging can push profits. By Julie Crawshaw, Contributing Editor A study conducted by the Wharton School of Researchfound that nearly 70% of all purchase decisions are made atthe point of sale, where packaging is the primary spokespersonfor the product. Using this knowledge to full advantage in your c-store’s foodservice segment calls for developing packaging
Oppenheimer Funds increases holding in the company to 10.21% The Pantry Inc.’s major shareholder, Oppenheimer Funds, has upped its holding in the chain from 5.94% to 10.21%, according to a U.S. Securities and Exchange Commission (SEC) filing. According to Yahoo! Finance, the move makes Oppenheimer the single largest shareholder in Sanford, N.C.-based chain, which has
7-Eleven Inc. has extended its sponsorship with Andretti Green Racing (AGR) and keep IndyCar Series racer Tony Kanaan in the Team 7-Eleven driver’s seat. The 7-Eleven/Andretti Green sponsorship enters its sixth year in 2008. “Tony has been a winner for 7-Eleven, both on and off the track,” said Kevin Elliott, 7-Eleven senior vice president of
Believe and Achieve program enters its second year. Cumberland Farms has revealed that the second year of its Believe and Achieve Scholarship will begin Oct. 1. The program provides individual $1,000 scholarships to eligible graduating high school seniors living in the company’s service areas. The Believe and Achieve Scholarship program is open to students who
Company puts 34 sites in Ohio up for auction. BP has retained NRC Realty Advisors, LLC (NRC) to coordinate the sale of 34 sites located throughout Columbus, Cleveland and Cincinnati, Ohio marketing areas. Of the 34 sites, 17 are BP-branded gasoline stations of which two are closed and can also be offered for redevelopment for
Customers could save up to 60 cents per gallon through Oct. 18. Shaw’s Supermarkets and Irving Oil have revealed even more savings to be had by the 7,500 Shaw’s Reward’s customers. The two companied have launched an expanded month-long partnership that will provide gasoline discounts with every Shaw’s purchase. The program involves 57 Shaw’s supermarkets
Confusion over timing of unpaid funds cause dispute. The Pantry is taking a pair of insurance companies to federal court, claiming the companies have ignored their responsibilities to pay out on costs The Pantry incurred after underground storage tank leaks. The Sanford-based chain said that American Safety Indemnity Co. of Georgia (ASI) and Gulf Underwriters
Plans to boost refinery output at Tulsa plant by 60%. Sinclair Oil Corp. unveiled plans to increase gasoline and diesel production at its Tulsa, Okla., refinery by 60%. The expansion is scheduled for completion by late 2010 and will include the addition of a crude distillation unit that will raise processing capacity to 115,000 barrels
Brandon Taylor of Ogden, Utah learned first hand today why using his KickBack rewards card pays in more ways than one. Taylor was selected as the 2007 National Grand Prize winner of a trip for him and his family to Hawaii courtesy of participating merchants in the KickBack Points Customer Rewards Network. He was awarded
RJ Reynolds says “no changes in our promotional discounts.” Philip Morris USA said yesterday it is raising prices as falling U.S. shipments dampen profit growth. Philip Morris will reduce a promotional discount by 5 cents a pack to 35 cents on its Marlboro, Parliament, Basic and L&M brands, spokesman Bill Phelps said. It also will
Chain helps raise money for The Leukemia & Lymphoma Society. Wilson Farms Inc. has become the first local presenting sponsor for the Western New York & Finger Lakes Chapter of The Leukemia & Lymphoma Society’s “Light the Night” walk fund raising campaign. Rochester’s Light the Night walk will be held at Monroe Community College on
New proprietary brand enters into stores. 7-Eleven is adding to its proprietary wine segment with the new Sonoma Crest Cellars, a proprietary brand of premium wine to compliment the existing Thousand Oaks wine brand Sonoma Crest Cellars is produced by the Sonoma, Calif.-based Popcorn Wine Group and is available in chardonnay, merlot and cabernet sauvignon
At the request of Kansas Governor Kathleen Sebelius, ConocoPhillips will allow the sale of E-85 fuel in Kansas. Sebelius reached out to company executives in mid-August expressing Kansas’ commitment to the fuel blend. The production of the fuel creates a market for over 96 million bushels of Kansas sorghum and corn each year. “Kansas is
Alimentation Couche-Tard Inc. revealed that it will slow expansion in the U.S. this year by buying only 200 to 300 stores, but annual revenue will exceed $14 billion U.S., according to the Montreal Gazette. “We’ll ease up from last year’s torrid pace, but fill gaps in our regional coverage, continue to raise efficiency and add
Hoshizaki America announces the manufacturing of the new Serenity Series Cuber Ice Machine, KMS-1230MLH. The KMS-1230MLH Crescent Cube Ice Machine is 75% quieter than traditional remote units. Serenity’s space saving design makes for an ideal installation on top of a beverage dispenser and the quality of ice will dispense easily in this application. The KMS-1230MLH
7-Eleven renews long-standing sponsorship with Andretti Green Racing and No. 11 driver Tony Kanaan. 7-Eleven, Inc. extended its successful sponsorship with Andretti Green Racing (AGR) that will keep IndyCar Seriesracer Tony Kanaan in the Team 7-Eleven driver’s seat. The 7-Eleven/Andretti Green sponsorship, regarded as a model motorsports marketing relationship, enters its sixth year in 2008.
Jenkins retires after 40 years with the company. Publix Markets has revealed that Charlie Jenkins Jr. CEO of the company, will be retiring on March 29, 2008 after 40 years of service. Jenkins began his career in 1969 as the assistant to the vice president of real estate. In 1974, he became vice president of
Locals left wondering why chain has no gas or Coke products. Ameristop is making local customers uneasy with one store–and possibly more–sporting both dry shelves and dry gas pumps. The problem was first noticed by a local news team in Wilder, Ken., which noticed a local store that had its fuel pumps wearing a sign
New acquisition brings store count closer to the 100-unit mark. Road Ranger LLC has recently completed the acquisition of seven c-store and travel centers from four separate companies. Three stores from Dubuque, Iowa-based Dubuque Discount Gas were acquired earlier this month, and last month the company acquired a single store from Okawville, Ill.-based Karko LLC.
Company goes to new lengths in order to fill a shallow labor pool. Alimentation Couche-Tard, Convenience Store Decisions’ 2007 Chain of the Year, has started a new campaign to bring new blood into its labor-starved Alberta market. The company has begun recruiting in Ontario and the Maritimes, offering enticements such as apartments and regular flights
Reloadable cards are revolutionizing the prepaid wireless category and reaching out to new consumers. Convenience stores delvedinto the prepaid categoryyears ago by carrying long distance phone cards, long before the explosion of cellular phones. Today,the category has evolved into a distinctwireless display that caters to customerslooking for a commitment-free way to usethe latest cell phones.
CPD acquires 18 stores and the supply agreements for 53 independent sites. Motiva Enterprises LLC, marketer of Shell-branded gasoline in the Eastern U.S., reached a deal to sell 18 gas stations and convenience stores in Connecticut to CPD Parent Properties LLC, a subsidiary of Chestnut Petroleum Distributors Inc., a New Paltz, N.Y.-based wholesaler and distributor.
Report finds the association spent $900K in the first half of 2007. NACS spent $900,000 lobbying the federal government in the first half of 2007, according to a recent disclosure form. The group lobbied on various pieces of legislation including those dealing with credit card fees, price gouging, underground storage tank funding, immigration reform, minimum