Ricker’s Launches Merchandise Pricing and Promotion Solution

Partners with Kalibrate to grow inside store profits. Indiana-based Ricker’s Convenience Stores recently collaborated with Kalibrate, a provider of strategy and technology services to the global fuel and convenience retail industry, to optimize its retail merchandise pricing strategy. With a strategic objective to increase gross profits at targeted revenue objectives in its 56 convenience retail

Smartphones Drive Sales

More than half of retailers see mobile as one of their top three initiatives in 2017. The National Retail ’s Shop.org division and Forrester have released “The State of Retailing Online 2017: Key Metrics, Business Objectives and Mobile” report, showing that retailers are competing for attention on shoppers’ mobile devices before, during and after they

GasBuddy Launches ‘Tank Takeover Series’

In partnership with Corner Store convenience stores, GasBuddy awards drivers free gas. GasBuddy, a technology company changing the way consumers find, purchase and save money on gasoline, will surprise and delight drivers with thousands of gallons of free gas in multiple U.S. cities throughout the year, as part of GasBuddy’s exclusive 2017 Tank Takeover Series.

NOCO Express Opens New C-Store

After three-month remodel, acquired c-store features Tim Hortons, fresh food and expanded beverage variety. NOCO Express officially celebrated the grand opening of its newest City of Buffalo, N.Y. location at 2058 Delaware Avenue, at the corner of Amherst Street. The family-owned and locally-operated gasoline convenience chain purchased the former Sunoco location in 2016 and recently

Registration Opens for the 2017 Young Executives Organization (YEO) Roundtable at Maverik

The convenience store industry’s exclusive organization for next-generation leaders and up-and-coming decision makers will hold its annual roundtable May 24-25 at Maverik’s Base Camp headquarters in Salt Lake City. A special team-building Habitat for Humanity project just for YEO Members will take place on May 23 in Provo, Utah. The Young Executives Organization (YEO) is

USSTC Announces Unplanned Nationwide Culling of “Select” Smokeless Products

Includes ‘some’ Copenhagen and Skoal brands. Noting that details remain ‘sparse,’ Wells Fargo reported USSTC issued a ‘stop sale’ on select smokeless brands, effective yesterday. “We just learned from a few more of our industry contacts that this issue is possibly bigger than originally feared,” said Bonnie Herzog, senior analyst for Wells Fargo. “As a

What’s Ahead for the Beer Category?

Emerging craft beers are thriving and customers are trading up to premium brands. Wells Fargo Securities attended Beer Business Daily’s Annual Beer Industry Summit. Bonnie Herzog, senior analyst for Wells Fargo outlined the following takeaways from the Summit: (1) Ongoing consolidation of the industry and retailers with a power transfer to retailers; (2) Increased concern

Drew Estate Welcomes Senior Vice President of Sales

David Lazarus to handle field and inside sales as well as in-store events and wholesale. Estate announced David Lazarus as (SVP) senior vice president of sales at its Annual Sales Meeting effective immediately. In this role, Lazarus will have overall accountability for field sales, inside sales, key national accounts, in-store events and wholesale. Lazarus will

7-Eleven Sponsors Tony Kanaan

7-Eleven first sponsored Kanaan more than a decade ago. 7-Eleven Inc. is teaming with Chip Ganassi Racing (CGR) to sponsor popular Verizon IndyCar Series driver Tony Kanaan 14 years after first backing him at the start of his record-breaking career. 7-Eleven will be an associate sponsor for Kanaan’s No. 10 Indy car in four races

Harvest Partners Acquires Minority Interest in GPM

GPM looks to work with Harvest Partners to find and assess acquisition opportunities. Harvest Partners SCF, LP has completed the acquisition of a $62.5 million minority ownership position in GPM Investments LLC, the largest privately-owned convenience store company in the United States. GPM is led by president and CEO Arie Kotler. The investment provided liquidity

Oat-Based Snacks Set to Grow

Healthy food demand spurs oat-based snack sales. The global oat-based snacks market is expected to grow at a CAGR of close to 4% during the forecast period, 2017-2021, according to a report by Technavio. By product type, this market is divided into bakery and bars, and savory snacks segments. With increasing shift towards healthy eating

Is Domestic Oil Production Set to Rise?

Gas prices fall amid ample supply and decreased driving demand. The average national price of gas has continued to decrease for 21 straight days. AAA reported that the national average price for regular unleaded gasoline is $2.27 per gallon (as of Jan. 30), down four cents compared to last week, and down five cents compared

Riiser Donates Through ‘Pride Pumps’

High schools get a portion of profits from designated gas pumps at Riiser gas stations. Riiser Energy has donated close to $41,000 to 11 high school through the use of its “Pride Pumps,” according to a report by Fox News WZAW. Pride Pumps, debuted in 2015. The pumps feature a logo of the high schools

NRF Super Bowl Spending Dips to $14.1 Billion From $15.5 Billion

Retailers prepare to help football fans stock up on decorations, party food, accessories and other Super Bowl necessities ahead of Feb. 5. American consumers will spend an average of $75 for a total of $14.1 billion as an estimated 188.5 million watch the Atlanta Falcons face the New England Patriots in Super Bowl LI on

BP: ‘Energy Transition Underway’

Global energy demand to increase by around 30% to 2035, driven by increasing prosperity in developing countries, partially offset by rapid gains in energy efficiency. BP released its energy outlook, including on electric cars, which are expected to grow from 1.2 million (2015) to around 100 million in 2035, which is only around 5% of

Parker’s Continues Community School Donations

On the first Wednesday of each month, Parker’s donates a portion of gas sales to a local school. Parker’s recently donated $5,000 to Bryan County Schools through the company’s popular Fueling the Community program, which donates a portion of the sale of every gallon of gas on the first Wednesday of each month to area

Connecticut Eyes $15 Minimum Wage

The proposal could face a tough time passing the state Senate. Democratic lawmakers are leading a charge in Connecticut to increase state’s hourly minimum wage to $15. According to an article in the Wall Street Journal, the state’s minimum wage increased to 10.10 on Jan. 1 from $9.60 an hour, but advocates of a further

Sweets & Snacks Expo Expects Strong International Presence

Candy and snack products from 25 countries will greet attendees. More than 125 companies from outside of the U.S. are set to exhibit at the 2017 Sweets & Snacks Expo, making this year’s show the largest for international exhibitors. Hosted by the National Confectioners Association from May 23-25 at McCormick Place in Chicago, the 2017

The Kroger Co. Moves C-Store Business to McLane Co.

Under the agreement, McLane will supply Loaf ‘N Jug, Turkey Hill Minit Market, Tom Thumb, Kwik Shop and Quik Stop. McLane Co. Inc., a supply chain services company, providing grocery and foodservice supply chain solutions announced a service agreement with Cincinnati, Ohio-based The Kroger Co. and its 787 c-stores located across 18 states. The retailer

How to Grow Your Food Business

NPD Group finds growing light users’ frequency would result in an incremental sales increase of $1.1 billion. While it might be tempting to focus on regular foodservice patrons, it turns out nudging the occasional foodservice patrons to return again could be the key to driving foodservice profits. Getting customers who visit restaurants less to visit

Love’s Travel Stops Opens New Locations in Ohio and Texas

Combined, the three new travel stops offer 183 truck parking spaces. Three new locations join Love’s Travel Stops’ network of more than 410 stores across 40 states. Love’s newest locations in Cunningham, Kansas; Springfield, Ohio; and Hereford, Texas, have opened for business. The Cunningham travel stop is located at U.S. Highways 400/54 and Southwest 170th

Snacks Get Healthy with Alternative Ingredients

Sales of alternative ingredient snacks in 2017 are forecast to rise to $1.2 billion. The U.S. snack food industry is arguably stronger than ever. Sales of salty favorites—including potato chips, pretzels and popcorn—and portable meat products—such as jerky—have mostly displayed growth potential or at least remained steady over the past five years. The snack industry

Gulf Oil Expands With Falcon Oil Partnership

Three Falcon Oil stations convert to the Gulf brand and two additional locations may follow. Gulf Oil has increased its reach in Pennsylvania through an expanded relationship with Falcon Oil. With this expansion, Gulf will provide branded wet barrel supply to several of the Blakely, Pa.-based company’s stations throughout the region. Three of Falcon Oil’s

Eby-Brown, Rich’s Offer Free Whipped Cream Dispensers

Help c-stores expand coffee bar appeal in order to compete against quick-service restaurants. Eby-Brown and Rich’s Foodservice have introduced a new program that offers c-stores a free dispenser with the purchase of a case of mytop Whipped Topping. The program launched on Jan. 1, and the promotion ends Dec. 31, 2017. Eighty percent of consumers

Are Pump Prices Declining?

While the average price of gas is up over last year, increased U.S. oil production is behind a current dip in price over the past 15 days. Gas prices are moving downward with the average price of gas at $2.31 on Jan. 23 —down four cents from last month. Prices have moved lower for 14