Moneystacks

Carbonated Soft Drink Sales Climb

Energy drink sales soar with help from low gas prices. Carbonated soft drinks (CSD), excluding energy drinks saw strong sales and improved volumes, as well as significant pricing growth, reported Wells Fargo Securities LLC. Total CSD (excluding energy drinks) dollar sales in the U.S. C-store channel were up a solid +4.8% (+3.2% for prior 12-weeks)

GasPumpsLR

Gas Prices Growing In March

AAA examines the fuel price uptick and the reasons behind climbing prices at the pump. U.S. average gas prices have increased 35 days in a row for a total of 39 cents per gallon, marking the longest consecutive streak of rising prices since February 2013, according to AAA. Gas prices are climbing due to both

Georgia Pacific

Georgia-Pacific Professional Recognized As Outstanding Supplier

“Grainger is proud to recognize Georgia-Pacific Professional for its outstanding supplier performance,” says Vice President, Global Product Management. Georgia-Pacific Professional was presented with a 2014 Partners in Performance Award as part of Grainger’s annual show in Orlando. Grainger, a broad line supplier of maintenance, repair and operating (MRO) products serving businesses and institutions, presents the

gasnozzle

Consumers Respond To Gas Price Changes

Purchase behavior shows how gas price changes impact consumer spending. Cardlytics measures one of the best indicators of consumer behavior: purchase behavior, including how consumer purchase behavior changes during times of high and low gas prices. The company has insights into 70% of all American purchase activity. Cardlytics used this insight to compare consumer spending

GasPumpsLR

Is RBOB Near Its Pre-Season Rally High?

By Brian Milne, Energy Editor, Schneider Electric Seasonal factors are the primary driver in lifting the gasoline futures contract on the New York Mercantile Exchange more than 60% from a multiyear low registered in January, and are the wind in the sails for a continued move higher in March. The forward curve, which shows the

cigarettes

Combustible Cigarette Pricing And Volume Strong

Lower gas prices continue to help drive category strength. Cigarette dollar sales accelerated driven by solid pricing and equally strong volume, according to a recent Nielsen report. Wells Fargo Securities LLC, noted that c-store cigarette dollar sales were up +5.9% (up from +3.5% last period and -3.2% last year) during the recent four-weeks ending Feb.

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Weinberg Capital Group Acquires Merchant Servants LLC

Acquisition presents first new platform of 2015. Weinberg Capital Group (WCG) announced the acquisition of Melrose Park, Ill.-based Mechanical Servants LLC D/B/A Convenience Valet (CV). The company was purchased by a group of investors led by WCG from David Baum, who will remain a significant shareholder of CV and continue in his current role as

parkers

Parker’s Moves Headquarters to Greek Revival Mansion

“We’ve paid attention to every detail to ensure the restoration of this treasured Savannah building respects its structural history,” says Parker’s CEO. Greg Parker, CEO of Parker’s Convenience Stores, who has an appreciation for the architecture and history of downtown Savannah, is moving the company’s Savannah headquarters to the historic Philbrick-Eastman House overlooking Chippewa Square,

DUCHESS

Englefield Oil Partners With IGS CNG Service Partners

Opening CNG Fueling Station in Obetz, Ohio. IGS CNG Services, in conjunction with Englefield Oil, is opening of a compressed natural gas (CNG) fueling station at the existing Duchess convenience store, a BP fueling station at 3909 Alum Creek Drive in Obetz, Ohio. The station will service a growing number of Ohio businesses and citizens

AWMA

AWMA Is Now the Convenience Distribution Association

“While the AWMA name has served us well, it has presented some challenges. Every time we go to Capitol Hill we have to explain who it is we represent,” says chairman of name change. Rob Sincavich, president of Team Sledd, Wheeling, W.Va., and the 2015 chairman of the American Wholesale Marketers Association (AWMA), announced last

PriceAdvantage

F.L. Roberts & Co. Selects PriceAdvantage

Fuel pricing software to help the largest independent petroleum marketer in western Massachusetts leverage real-time data to make informed pricing decisions. PriceAdvantage, a fuel price management software company and division of Skyline Products, announced that F.L. Roberts has selected PriceAdvantage software to help establish fuel prices at their 28 convenience stores operated under the F.L.

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Core-Mark Announces Financial Results

Food sales increased 7.2% for the fourth quarter, while total non-cigarette sales increased 5.6%, Core-Mark reports. Core-Mark Holding Co. Inc., one of the largest marketers of fresh and broad-line supply solutions to the convenience retail industry in North America, announced financial results for the fourth quarter and year ending Dec. 31, 2014. “Core-Mark had another

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Love’s Travel Stops Opens Location in Bidwell, Ohio

Love’s adds 72 parking spaces in Ohio. Love’s Travel Stops (Love’s) opens a new travel stop in Bidwell, Ohio. The new store, located at U.S. Highway 35 and Ohio State Route 850, opened for business Thursday, Feb. 19. The new Love’s adds 72 truck parking spaces to the Buckeye State. The 24/7 facility also offers

citgonew1

American Gas and Oil Acquires Five Michigan Stores

Expands CITGO presence in Grand Rapids and Lansing areas with purchases from Meijer. CITGO Petroleum Corp. and CITGO Marketer American Gas and Oil (AGO) converted five Grand Rapids area Meijer gas stations and convenience stores to the CITGO brand to better serve Western Michigan customers. Building on expansion efforts initiated this summer, AGO’s acquisitions of

hershey

Hershey Names New Chief Financial Officer

Patricia Little to bring 30 years of broad financial experience and leadership to her role at Hershey. The Hershey Co. has appointed Patricia Little as its new senior vice president and chief financial officer (CFO), effective March 16. In her role at Hershey, Little will oversee the company’s global finance organization and be a part

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CNG Station Opens in Grove, Okla.

New station marks the 89th in Oklahoma. Oklahoma’s newest CNG station is now open for business. A grand opening ceremony was held at the quick-fill station in Grove, about 90 minutes northeast of Tulsa, on Feb. 19. The station, at 573 W Third St in Grove, was built by Tulsa Gas Technologies (TGT), and is

bptruck

BP Unveils Improvements To Loyalty Program

“We’re confident this new technology will provide customers with a more sophisticated and personalized experience,” says marketing director of product and offer development at BP. BP has unveiled a number of improvements to its Driver Rewards loyalty program and credit card processing technology designed to help BP-branded marketers meet consumers’ evolving payment and card security

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Graham Partners Acquires Tidel

Looks to expand Tidel’s product portfolio. Tidel, a provider of cash management systems and robbery deterrent products, announced its acquisition by an affiliate of Graham Partners, a private investment firm specializing in the advanced manufacturing and industrial technology sector. With the backing of Graham Partners, Tidel plans to accelerate growth by expanding its product portfolio,

Sheetz WVU store

Sheetz Opens In Morgantown

New location to feature a fuel-free concept. Sheetz, one of America’s fastest growing family-owned and operated convenience store chains, will open their new concept restaurant to the students and locals of Morgantown, W.Va. on March 3, 2015. This will be the first location for Sheetz featuring the fuel free concept with a complete focus on

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Gulf Oil Returns To Cincinnati

Partners with Lykins Energy Solutions. Gulf Oil LP and Lykins Energy Solutions, a petroleum marketer in Ohio, Kentucky and Indiana announced a new partnership that brings the iconic Gulf brand back to the greater Cincinnati area for the first time in 20 years. A regional “The Legend is back!“ advertising campaign will also begin in

Wayne_Logo_Blue

Wayne Advances Capabilities With Wayne Fusion

New hardware design delivers next-generation technology allowing for superior reliability, performance and scalability combined with accessibility and serviceability. Wayne Fueling Systems, a global provider of fuel dispensing, payment, automation, and control technologies for retail and commercial fuel stations, has announced the availability of the next evolution of its cloud-based technologies with the Wayne Fusion site

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Wells Fargo Analyzes Industry As Fuel Margins Fall

Fat fuel margins end, but Wells Fargo’s sector overweight rating continues. Although fuel margins have fallen significantly over the past several weeks, according to OPIS data for the first quarter of 2015 to date, Wells Fargo assured investors there is no cause for alarm. Wells Fargo’s analysis suggested: (1) c-store earnings are greatly influenced by

NPDGroup

A Peek In Consumers’ Kitchens

Consumer purchases reflect interest in fresh and more healthful options, reports NPD Group. More almond milk, Greek yogurt, quinoa, and sea salt are in America’s kitchens today than in 2011, the last time The NPD Group, a leading global information company, conducted its Kitchen Audit survey, which asks U.S. consumers to report on what appliances,

Mondelez

Mondelez International Acquires Enjoy Life Foods

“The Enjoy Life brand expands our portfolio into faster growing, on-trend, ‘better-for-you’ areas,” says chief growth officer. Mondelez International has acquired Enjoy Life Foods, a private U.S. snacking company and the market-leading brand in the fast-growing “free from” segment. Enjoy Life offers more than 40 great-tasting products, including cookies, chocolate, snack bars, and savory snacks

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Core-Mark Announces Fourth Quarter Investor Call

Audio replay to be available for one month following the call. Core-Mark Holding Co. Inc. plans to release its earnings for the fourth quarter ended Dec. 31, 2014 before the market opens on Monday March 2, 2015, and will host an investor call later that morning at 9 a.m. Pacific time. This call may be

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