Law Office Conducts Investigation On Behalf of Casey’s Shareholders

The Law Offices of Howard G. Smith announced it is looking into potential claims against the board of directors of Casey’s General Stores Inc. related to the unsolicited purchase offer the company received from Alimentation Couche-Tard Inc. Couche-Tard is looking to acquire all outstanding shares of Casey’s for $36 per share in cash. The proposed

Wawa’s Surcharge-Free ATMs Reach One-Billionth Transaction

Wawa Inc. announced that its ATM transactions are on pace this month to surpass an extraordinary milestone: the one-billionth transaction using Wawa’s surcharge-free PNC Bank ATMs. Through the years, Wawa and PNC customers have collectively saved more than $1.3 billion in potential ATM surcharge fees. To celebrate this milestone, Wawa is hosting with PNC Bank

Walgreens Finalizes Duane Reade Acquisition

Walgreen Co. has completed the acquisition of Duane Reade Holdings Inc. The transaction includes all 258 Duane Reade stores in the New York City metropolitan area, as well as Duane Reade’s corporate office and two distribution centers. “Just as Walgreens has been a trusted community pharmacy for more than 100 years, we plan for Duane

Casey’s Acquires 10 Holiday Stationstores

Just days after publicly rejecting Alimentation Couche-Tard’s unsolicited bid, Akron, Iowa-based Casey’s General Stores Inc. announced that it will be the one making an acquisition. Casey’s is purchasing 10 Holiday Stationstore convenience stores in Nebraska and Iowa, Bill Walljasper, senior vice president and CFO of Casey’s told the Omaha World Herald. Casey’s, which operates 1,500

Gasoline Prices Retreat from Fresh Highs

Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline values are easing from an 18-month high while the national average for retail gasoline prices started April at a 17-month high, prompting some in the industry to quip, “It’s déjà vu all over again,” borrowing a line from legendary baseball star Yogi Bera. Widely discussed,

Shells Launches New Shell Drive For Five Card

Shell Oil Products U.S., in partnership with its credit card issuer Citi, is launching a new Shell Drive for Five Card. The Shell Drive for Five Card will offer new cardholders the opportunity to save five cents per gallon on Shell-branded fuel. Shell believes the new card is one of the first proprietary cards with

Casey’s Rejects Unsolicited Couche-Tard Bid

Following an unsolicited proposal from Alimentation Couche-Tard, Casey’s General Stores stock grew 20.7% to $38.10 in premarket trading Monday after the company unanimously rejected the offer, The Street reported. Casey’s received the unsolicited buyout proposal for $36 a share in cash on March 9. In a statement released on April 9, Casey’s said “the board

Quick Chek to Open Manchester, N.J., Store

Quick Chek, which operates more than 120 fresh food store locations throughout New Jersey and southern New York, is hosting a grand opening celebration at its newest location in Manchester, N.J., with free coffee; plus kids under five feet tall get free fountain drinks during the store’s first 13 days in business (Apr. 13-25). Located

Gulf Oil Sponsors Baltimore Orioles

Gulf Oil has entered a new sponsorship agreement with Major League Baseball’s Baltimore Orioles in time for the Orioles’ home opener against the Toronto Blue Jays, the company announced Friday, April 9.  The cornerstone element of the relationship will be new field level signage in right field, which will proudly display Gulf’s iconic orange disc. 

CITGO Pop Shoppes Raise Over $27,000 for Muscular Dystrophy

CITGO Pop Shoppe stores across North Carolina have rallied the community in support of children and families touched by debilitating neuromuscular diseases. Through paper shamrock sales, CITGO Pop Shoppe stores and their supplier Mid-State Petroleum, raised more than $27,000, enough to send more than 30 children with muscular dystrophy to a Muscular Dystrophy Association (MDA)

Rutter’s Recognized For Community Involvement

On April 28, York, Pa.-based Rutter’s will accept the 2010 Community Service Award at the York County Chamber of Commerce’s “Spirit of York” breakfast. The award recognizes an organization for having a culture that motivates its employees to be personally involved in community service. “Rutter’s has been a strong champion of the community,” said Bob

Quick Chek Mourns Loss of Colleague, Friend

Quick Chek, which operates more than 120 fresh food store locations throughout New Jersey and southern New York, mourns the passing of long time friend and corporate family member Anthony Napodano.  Napodano, who served as the company’s vice president legal and general counsel until his retirement in 2007, was 72. Napodano began his legal career

Valero to Sell Delaware City Assets for $220 Million

Valero Energy Corp. is selling the assets of its terminal operation and discontinued operations in Delaware City to the Delaware City Refining Company LLC and Delaware Pipeline Company LLC, wholly owned subsidiaries of PBF Energy Partners LP. Valero is selling the assets for $220 million and will retain the minimal levels of remaining crude oil

Chevron Announces $1 Million Investment in South Bay Schools

Chevron Products Co. plans to distribute a series of “Energy for Learning” grants totaling $1 million among 15 South Bay schools, signifying the largest science, technology, engineering and math (STEM)-related donation ever made by Chevron’s El Segundo Refinery in support of local educational programs.  As part of the announcement activities, and in recognition of Mathematics

Couche-Tard Makes Unsolicited Bid for Casey’s Stores

Alimentation Couche-Tard Inc., the Canadian convenience-store chain, made an unsolicited bid for Casey’s General Stores Inc. for $36 a share in cash, BusinessWeek reported Couche-Tard offered the Ankeny, Iowa-based company, which operates more than 1,500 stores in the Midwest, 14% more than its closing price yesterday in Nasdaq Stock Market trading. Including about $29 million

Iron Man Returns To 7-Eleven

After the first IRON MAN movie took 7-Eleven stores by storm in 2008, with customers clamoring to buy collectible cups and boosting Slurpee sales by double digits, Marvel Studios’ IRON MAN 2 is returning to 7-Eleven to celebrate release of the Paramount Pictures’ film on May 7. In both movies, Robert Downey Jr. plays Tony

FPMA Announces New Sunshine Food and Fuel Expo

The Florida Petroleum Marketers and Convenience Store Association (FPMA) has announced the inauguration of the new Sunshine Food and Fuel Expo to be held in Kissimmee, Fla. The new show will take place from July 18-19 at the Gaylord Palms Resort.  Conceived as a key part of FPMA’s ongoing re-engineering efforts, the Sunshine Food and

Gulf Oil Enters Maryland

Gulf Oil has signaled its branded return to Maryland, by announcing a branded distributor partnership with Bedford Valley Petroleum, which plans to rebrand nine retail motor fuel outlets in Pennsylvania and Maryland to the new Gulf “Sunrise” image. “We are excited to be able to bring the Gulf family to Maryland and build upon its

Kroger’s Annual Earth Day Contest Aims To Reduce Waste

As Earth Day approaches, The Kroger Co. is inviting customers to design a reusable shopping bag through its annual online contest. From April 12 to May 21, customers can go online at www.kroger.com/green to submit their designs for Kroger’s reusable grocery bags. The winning designer will receive a $1,000 gift card and a chance to

Valero Adds Policies To Prevent Underage Tobacco Sales

The Valero company has agreed to a set of measures aimed at reducing tobacco sales to minors at more than 4,900 gas station convenience stores operating nationwide under Valero trademarks, Iowa Attorney General Tom Miller announced Wednesday. “Valero owns 1,000 convenience store outlets and has nearly 4,000 franchise outlets, so this will make a difference,”

NATO Trade Show Draws More Support

The National Association of Tobacco Outlets (NATO) continues to receive commitments from member companies to exhibit at the association’s inaugural trade show to be held in Las Vegas in 2011. The most recent companies to commit to exhibiting are Nat Sherman, New Image Global, Smokey Mountain Chew, Zander- Greg and K. K. International Corp, NATO

NOCO Express Installs Blockbuster-Express DVD Kiosks

NOCO Express Stores have partnered with NCR Corp. to offer BLOCKBUSTER-Express DVD rental kiosks to western New York customers. By June, NCR’s BLOCKBUSTER-Express kiosks will be available at 22 NOCO Express Stores across western New York. The first kiosk was recently installed at the NOCO Express located at 58 West Main Street in Webster. “We

Kroger Endorses Rapid Recall Exchange

The Kroger Co. is endorsing Rapid Recall Exchange, an online service that standardizes and accelerates food and product recalls and withdrawals. The Rapid Recall Exchange, developed by GS1 US in collaboration with the Food Marketing Institute and Grocery Manufacturers Association, is the industry’s only online standardized recall notification system. Using consistent forms and processes, retailers

Why Every Convenience Store Owner Needs an Exit Plan

By Ted Thomas, Sun Exit Advisors Most convenience store owners are too busy to think about their exit plan. There comes a time, however, when business owners want to successfully leave their business. Unfortunately, when it comes time for transition, most don’t know how to accomplish that goal. A common mistake is to rush to

TravelCenters of America And McLane Renew Contract

TravelCenters of America LLC (TA) has renewed its contract with McLane, for supply chain services to its 233 TA and Petro Stopping Center branded travel stores throughout 41 states. The companies began their relationship in 1999. McLane’s 19 facilities will continue to support distribution of a broad line of products for TA. The stores offer

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