By Brian L. Milne, Refined Fuels Editor, Telvent DTN Retail gasoline continues to defy traditional seasonal price patterns, with the U.S. average for regular grade holding at a 27-month high above $3 gallon at $3.052 gallon, and poised to still inch higher. Usually you see retail gasoline prices nearing their calendar lows this time of
Like so many facets of a convenience store operation, a car wash can attract new customers and enhance revenue, but only when handled correctly. In this instance, correct handling means everything from finding a big enough location, knowing the competition, having the right type of equipment to focus on speed of service, providing for preventive
Successfully managing a retail fuel operation in today’s fickle market can be daunting since price volatility can undermine predictability in purchasing, pricing and sales. Because handling a high-volume, low-margin product like fuel is so complicated, many convenience store operators are turning to technology for assistance. One of the best ways to maximize fuel profits is
Alternative Fuel Distributors, of Wilmington, Del., said that it plans to construct and operate 1,000 convenience stores on the East Coast that will strictly provide E-85 and other alternative automotive fuels. The company plans to have the stores up and running within the next three years, with the first 100 stores opening by the first
With the onset of spring, retailers can count on a segment of their "consumers" filling up and driving off without paying. Increased gas prices haven’t helped the situation, but it is improving. Typically, convenience stores can experience a few gasoline thefts a week. But when prices increase, some stores see several gas thefts a day.