New Jersey Governor Corzine has signed into law the First Right of Refusal Act, which prevents the sale of gas stations to mega distributors without first offering the operating franchisees the opportunity to purchase the property. Last fall, the New Jersey gasoline c-store and automotive association (NJGCA) and small business franchise dealers learned
Stripes convenience stores and Children’s Miracle Network, an international non-profit organization that raises funds for children’s hospitals, came close to doubling funds during its fundraising campaign this April. Stripes’ 2009 fundraising efforts totaled $386,686 compared to $197,000 raised in 2008. Funds were raised during a five week in-store campaign in which Stripes associates
PepsiCo’s Frito-Lay North America division, Purchase, N.Y., and Jack Link’s, Minong, Wis., have joined forces to launch a new meat snack line. Frito-Lay will sell and distribute the new line under the Matador by Jack Link’s brand, aimed at young adults with action-driven lifestyles. “The Jack Link’s brand continues to drive growth
Strahan Advertising Inc., Santa Ana, Calif., which serves the foodservice industry, is celebrating its 30th anniversary. Founded in 1979 by Timothy and James Strahan, the agency has provided a full range of advertising, marketing and public relations services for some of the food industry’s most respected brands. During the agency’s 30 years, Strahan
The International Carwash Association, Chicago, is hosting Wash Week this July, a week-long opportunity for car wash industry professionals to learn proven ways to grow their businesses from industry experts. The week will include three seminars in Southern California, Chicago and Atlanta, and will feature online education and networking opportunities, including videos, Webinars,
One day after the FDA gained control of tobacco regulation, a new report by Fitch Ratings found FDA regulation will have intermediate and longer-term competitive effects on major players in the tobacco category. Not much is expected to change for the tobacco industry in the short term. However, changes are anticipated down the road, including compliance
R.J. Reynolds Tobacco Co. is test-marketing dissolvable products in three cities and says they are designed for adults, but some Senators aren’t so sure, the Associated Press reported. The smoke-free tobacco products come in pellets or strips that melt in your mouth like a breath mint. Some lawmakers are calling the products
The Senate voted overwhelmingly Thursday to pass the Family Smoking Prevention and Tobacco Control Act, giving the FDA power to control tobacco regulation, the New York Times reported. The legislation has only small differences from a version the House passed in April by a nearly 3-to-1 ratio. A White House spokesman, Reid H.
The U.S. Bankruptcy Court for the Eastern District of Tennessee today gave final approval for the prompt sale of the assets of Appalachian Oil Co. Inc. Today’s action designates NRC Realty Advisors, LLC, as the agent to execute the sale of 47 gasoline stations and convenience stores operated by Appco in northeastern Tennessee, southwestern
Heineken and Heineken Light unveil a summer retail program that invites consumers to elevate their traditional summer entertaining by hosting a Heineken “Blok” Party. The program will run June through August in retail outlets throughout the country. “The Heineken Blok Party program is true to our brand objective of delivering great beer and great
Three people were killed, and 38 injured, four critically, after an explosion at a Slim Jim meat products plant in North Carolina on Tuesday. Chris Woods, a worker at the facility, said he started running when he felt an explosion around 11 a.m. “I was picking up a piece of meat off the line and
Stewart’s Shops Corp. has acquired the former Sunoco A-Plus mini mart on Broadway in downtown Saratoga Springs for $1.5 million, according to The Business Review. The acquisition from Atlantic Refining and Marketing Corp., a subsidiary of Philadelphia-based Sunoco increases the Stewart’s total number of shops to 328. “It was an opportunity to operate a
Automated Petroleum & Energy Co. Inc. (APEC), Braden-Fla., a distributor and convenience store operator, which has 246 c-stores in Florida, is selling 78 c-stores in 46 cities across the state. The store locations, which include 12 in Tampa and at least eight in Pinellas County, will be sold in a sealed bid auction
Small gas stations appear to be struggling these days, while large c-stores with a number of gas pumps are popping up and prospering, at least in Lancaster, Pa., Lancasteronline.com reported. “If we were relying on gas sales alone, we’d be out of business. There isn’t enough of a markup to stay open,” said
Pepsi Bottling Group Inc. signed a letter of intent on Monday to buy Ab-Tex Beverage Ltd., part of the large bottler’s continuing series of acquisitions, the Wall Street Journal reported. The company has said it plans to pursue its own growth, rather than be acquired at the current price PespsiCo Inc. is offering.
Originally introduced in 2008 as a limited edition summer flavor, MIKE AND IKE LEMONADE BLENDS is now available year-round. Since its launch, this variety has highlighted the Alex’s Lemonade Stand Foundation (ALSF), which is contributing to the fight to cure childhood cancer. The MIKE AND IKE brand will continue to make a minimum
Customers are racking up an average of $427 in hidden swipe fees (also called interchange fees) each year from purchases made on their credit cards, the Florida Business Journal reported. “The continuing burden of interchange, or swipe fees on small business owners has become heavier and heavier to bear. It is the second
Sheetz, Altonna, Pa., is opening several stores in southern West Virginia, including a new location in Barboursville, which opened on June 4. “The Barboursville community has been so welcoming and generous with us so far,” said Stan Sheetz, president and CEO, Sheetz Inc. “Our team is eager to serve customers here for years
Sales of c-store and gas station properties were relatively strong last year, according to the first half 2009 single-tenant retail report from Marcus & Millichap Research Services, GlobeSt.com reported. Last year, rising average cap rates for the property niche reached their highest since 2002, and is credited with fueling an increase in transactions.
Niemann Foods Inc.(NFI), Quincy, Ill., purchased 16 Pick-A-Dilly convenience stores in Northeastern Missouri from Big River Oil, Hannibal Mo, according to the KHQA-TV news Web site. The entire acquisition should be completed during the next month. NFI operates a wide variety of retail formats, now including 28 c-stores under two banners, Pick-A-Dilly and
A national online survey conducted this spring by Harris Interactive found that 94% of adults say they wash their hands after visiting a restroom. However, most people thought they were the exception. When asked what percentage of other people they thought washed their hands each time, 99% said other people don’t do so each
By Brian L. Milne, Refined Fuels Editor for DTN The US average for regular grade gasoline was last reported by the government at $2.524 gallon, with the price to advance from there. The national average increased 9 cents during the last week of May, and 47 cents or 23% since the end of April.
At Canada’s largest retailing awards presentation this week, Canadian Tire was awarded the Retail Council of Canada’s 2009 Excellence in Retailing Award for ‘Retail Store Design for a Large Chain’. Canadian Tire won for its Smart Store format, beating out 12 other high profile submissions. The Smart Store is designed to improve operating productivity while