Couche-Tard Profit Hurt By Gas Margins

  Alimentation Couche-Tard released its second quarter results, reporting net earnings of $88.2 million, down $9.4 million or 9.6%.   The drop was a result of a 9.10 cents per gallon decrease in motor fuel gross margins in the U.S., which had an estimated impact of more than $65 million before income taxes.   During

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Gasoline Prices Edging Higher into December

By Brian L. Milne, Refined Fuels Editor, Telvent DTN   Retail gasoline prices are moving higher across most of the country as Americans finalize travel plans for the Thanksgiving holiday. AAA expects a 2.1% increase in automobile travel of 50 miles or more from home with this year’s holiday compared with 2008, projecting 33.2 million

Hot Stuff Foods Introduces Hot Stuffed Stix

  Hot Stuff Foods has rolled out new Hot Stuffed Stix, a mozzarella-stuffed breadstick dusted with a light parmesan cheese coating, to complement  Hot Stuff Foods’ multi-day-part foodservice initiative and commitment to providing busy consumers with quality on-the-go items.     “Our Hot Stuffed Stix is the perfect product addition for our franchise partners who are

ACI Warns Families About Interchange Fees

  The American Consumer Institute (ACI) has released a ConsumerGram detailing the negative effects that high credit card fees (interchange fees) have on families across the country, MarketWatch reported.   The report comes shortly before one of the biggest shopping days of the year.   “Holiday season is right around the corner. As many American

Casey’s Buys Nine Bullseye Locations

  Casey’s General Stores Inc. has entered into agreements to purchase nine convenience stores in Missouri owned by PICS Marketing Inc. and Ridgerunner Properties LLC.   The stores are currently operated by Cox Oil Company Inc. under the Bullseye banner, and will be immediately rebranded to Casey’s. Cox Oil will continue to operate nine other

7-Eleven Taps Tom Gerrity

  Tom Gerrity, who has led 7-Eleven Inc.’s foray into private-label packaged food while supervising the grocery category, will now focus his merchandising efforts solely on the company’s growing 7-Select line of products.   As the new senior product director for private label products, Gerrity will oversee product development across all categories in the store.

Love’s Ranks 15th On Forbes List

  Love’s Travel Stops & Country Stores has made Forbes magazine’s list of America’s largest private companies for the 10th consecutive year.   This year Love’s was listed as No. 15, a jump from No. 25 last year. The rankings are based on 2008 revenues.   “We’re proud to be an Oklahoma company that has

Annual Survey Shows Small Businesses Optimistic

  Some 52% of small businesses participating in the fifth annual Small Business Holiday Outlook Survey by Constant Contact reported that they expect holiday sales to increase compared to last year.   This statistic marks a large increase over last year, when less than one-third of survey responders were similarly optimistic.   More than 35%

Coca-Cola Looks To The Future

  At its first 2020Vision meeting since 1998, Coca-Cola CEO Muhtar Kent said the company will more than double revenue to $200 billion by 2020, from $95 billion in 2008, Advertising Age reported.   The meeting took place last week with analysts and journalists. Coca-Cola laid out its goals concerning profit, people, portfolio, partners, planet

Quick Chek to Offer Free Coffee on Black Friday

  Quick Chek is offering free coffee on Black Friday, the day after Thanksgiving, for the second year in a row, through its promotion “Joe to the World,” reported NJBiz.com.   The family-operated company headquartered in Whitehouse Station, N.J. has more than 120 retail locations throughout New Jersey and New York and is hoping to

7-Eleven Expands in North Texas

Dallas-based 7-Eleven is adding 75 more stores n North Texas over the next three years, the Dallas Business Journal reported.   The move is part of the company’s fast-track plan—spurred by opportunities that arose due to the commercial real estate downturn— to add 550 stores nationwide and about 4,000 worldwide during the next three years,

Southside Oil Buys 172 Exxon Station

  Chester-based Southside Oil LLC has made a move to more than doubled it’s retail operations by acquiring 172 Exxon retail gasoline stations, mostly in Maryland, the Richmond Times-Dispatch reported.   Southside Oil is a wholesale gasoline distribution company owned by Steven and Linda Uphoff, who also operate 42 Uppy’s Convenience Stores Inc. locations in

Kroger Announces Black Friday Deal

  Kroger stores will begin a Holiday Gift Card offer on Black Friday, the day after Thanksgiving, worth $10 off for every $100 customers purchase in participating gift cards for a two-week period.   Shoppers will receive $10 off their purchase automatically by using their loyalty card at checkout.   Through Sunday, Dec.13.,  this special

Hunt Brothers Pizza Welcomes New VP of Marketing

  Hunt Brothers Pizza has announced the addition of Keith Solsvig as its new vice president of marketing. Solsvig brings more than 15 years of marketing experience, including eight years of success in the convenience store industry.   “Keith has extensive experience in our niche market of convenience stores and has strategic marketing skills that

Ballot Could Poll Colorado Residents on Alcohol Sales

  A ballot initiative is on file with the state of Colorado may give residents a chance to allow full strength beer and wine to be sold at grocery and convenience stores in the state, KRDO News reported.    Currently, grocery and convenience stores can only sell beer with an alcohol content level of 3.2%. 

Uppy’s C-stores Honored

  Chester, Va.-based Uppy’s Convenience Stores Inc. received the Greater Richmond Chamber’s Impact Award during the chamber’s annual dinner at the Greater Richmond Convention Center on Thursday, the Richmond Times-Dispatch reported.   The award is given to a for-profit company that has expanded its sales and number of employees, demonstrates innovation, offers a quality work

NACS Responds To GAO Study on Credit Card Fees

The National Association of Convenience Stores (NACS) responded to the release of the U.S. Government Accountability Office (GAO) report, “Credit Cards: Rising Interchange Fees Have Increased Costs for Merchants but Options for Reducing Fees Pose Challenges.”   “The GAO confirmed key problems that we have raised about credit card interchange fees, also known as ‘swipe’

7-Eleven Promotes Bargerhuff to Chief Marketing Officer

  7-Eleven’s marketing vice president Rita Bargerhuff’s role is expanding with the addition of chief marketing officer to her title and responsibilities.   In her new role, she will serve on the company’s executive committee and report directly to President and CEO Joe DePinto.    Bargerhuff leads the development and execution of all advertising and

Organizations Join Forces Against Online Cigarette Trafficking

  Representatives of law enforcement groups, public health organizations and trade associations today gathered on Capitol Hill to urge the Senate to pass S. 1147, the Prevent All Cigarette Trafficking Act of 2009 (PACT Act).   This legislation will help combat online cigarette sales that have robbed hundreds of millions of dollars in tax revenues

Kum & Go Introduces Hiland Premium Artesian Water

  Kum & Go c-stores have exclusively introduced Hiland Premium Artesian Water, now available in an ENSO biodegradable plastic bottle.   Hiland Premium Artesian Water is sourced from a natural artesian aquifer that is sealed and protected for purity, producing superior quality water with perfect PH balance.   “Kum & Go is committed to improving

Drivers Get Free Gas in Phoenix

Drivers lined up at a Circle K in central Phoenix Thursday morning to take advantage of a free gas giveaway as Allstate Insurance celebrated Phoenix being named the safest big city for drivers in America, KTAR News reported. Allstate sponsored the gas giveaway at the Circle K located at Osborn Road and Third Street, from

Cigarette Tax in Florida Hurting Sales

  The $1-per-pack tax on cigarettes in Florida that hit in July may be responsible for a sharp decline in sales, the Tampa Bay Fox News affiliate reported.   State figures show that sales dropped 26% between July and September, compared to the same three months the year before.   Dora Casler, a long-time c-store

Coca Cola Debuts Sustainable Bottles

  The Coca-Cola Co.’s new, recyclable plastic bottle made partially from plants  and called the “PlantBottle” is hitting store shelves globally, the beverage giant said Monday, according to the Atlanta Business Chronicle.   The new bottle is made from a blend of petroleum-based materials and up to 30% plant-based materials through a process that turns

Cumberland Farms Celebrates Redesign

  On Tuesday, Cumberland Farms’ newest remodeled store in Plainville, Mass., donated 20 cents of every ChillZone beverage or cup of coffee sold to King Philip Regional High School, as part of its grand opening celebration, The Sun Chronicle reported.   Cumberland Farms said it hoped to raise at least $1,000 for the school.  

KSS Inc. Joins PCATS

  KSS Inc. has become a member of the Petroleum Convenience Alliance for Technology Standards (PCATS).   Bob Stein, president and chief executive officer of KSS, says that joining PCATS is necessary to ensure a simplified, plug-in-play integration between KSS’ pricing systems and most point-of-sale (POS) and back-office platforms.   “There is a lot of

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