RaceTrac Automates Accounting, Pricing and Inventory Management

Adds PDI’s financial and retail software packages to more than 600 stores. RaceTrac Petroleum Inc. has completed its rollout of PDI/ Enterprise. PDI is a provider of enterprise-class automation software systems to the convenience retail, petroleum marketing and foodservice industries. PDI’s software package includes financial, retail, wholesale petroleum and workforce management product offerings. Atlanta-based RaceTrac,

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QuickChek’s Graczyk Among Veterans Who Rang NASDAQ Bell

U.S. companies are being encouraged to hire more veterans. On Wednesday, Nov. 11, a select group of military veterans was invited to ring the opening bell of the NASDAQ in Times Square. Among the chosen veterans was Bob Graczyk, QuickChek’s vice president of human resources. Graczyk, a retired officer in the U.S. Navy Reserve with

TravelCenters To Acquire Quaker Steak & Lube

TravelCenters to convert some of its existing full-service restaurants to the Quaker Steak & Lube brand. TravelCenters of America LLC has agreed to acquire Quaker Steak & Lube® casual dining restaurants and certain related assets, including existing restaurant operations, restaurant franchise program and bottled sauces for retail sale business, for $25 million. Founded in 1974,

BRP Releases its Vision of the Future Store

The future store will seamlessly transition customers from digital retailing. Boston Retail Partners (BRP) is formulating a transformation of the store environment. BRP has published “The Future Store Manifesto” to illustrate its vision of the future store and to identify the challenges that retailers will face in delivering the experience consumers expect. “Stores must now encompass both worlds – the

ETP and Sunoco Announce Dropdown Transaction

Energy Transfer Partners is confident that Sunoco will continue to grow into the future. Energy Transfer Partners (ETP) L.P. and Sunoco LP have announced an approaching dropdown transaction. The dropdown will equate to approximately $2.226 billion, and it includes the dropdown if of the remaining 68.42% interest in Sunoco LLC and 100% interest in the legacy Sunoco

Low Fuel Prices May Raise Black Friday Spending

C-stores can expect traffic from Black Friday shoppers, along with regular travelers this holiday shopping season. A new consumer survey from the National Association of Convenience Stores (NACS) has revealed that nearly half (42%) of all regular Black Friday shoppers expect to shop more this holiday season as a result of lower gas prices. Shoppers

Consumers Expected To Spend More This Holiday Season

Harris Poll shows consumer confidence is up, with customers are planning on purchasing more toys for pets and children this year. Nearly six in 10 Americans (58%) are planning to purchase toys as gifts this holiday season, a seven point jump from last year’s 51%, according to a recent Harris Poll of 2,225 U.S. adults

How To Optimize Merchandising

The key to adding sales at checkout is having the proper products on display by the register. As consumers needs evolve and the retail landscape continues to change, so must retailers. Shoppers are making purchases in more ways than ever before, and it is up to retailers to evolve with the changing needs of consumers.

Stripes Moves Operations

Energy Transfer Partners has announced that Stripes will be moving some of its business North. Stripes’ owner is planning to move more of its operations from southern Texas to Dallas. According to a report from the Caller-Times, company officials recently informed employees that Stripes will soon open an office in Dallas, where Energy Transfer Partners,

First Android-Based Pay-at-the-Pump System

The Clover Solution also allows for a variety of in-store payments, including Level 3 EMV Certification, NFC and magnetic stripe credit cards. FBP Holdings LLC has announced that Fuel, the first Android-based pay-at-the-pump system, is now available in First Data’s Clover App Market. The Clover solution is First Data’s point-of-sale (POS) business management tool and

7-Eleven’s Airport Location Opens Its Doors

7-Eleven’s post-security airport location honored Veterans during its opening. A ribbon cutting ceremony was held at Dallas Fort Worth (DFW) International Airport to celebrate the opening of the first post-security airport 7-Eleven location and honor Veterans Day. At the ceremony 7-Eleven made donations to Texas Christian University (TCU) Reserve Officers’ Training Corps (ROTC) and Dallas Fort

ALON 7-Eleven and GreenPrint Expand Strive Program

All 312 pumps in the chain’s Albuquerque market now feature the reduced emissions fuel program. After early indicators of success, ALON 7-Eleven and GreenPrint LLC, creator of the first reduced emission fuel program, announced continued growth of the Strive – Reduced Emissions Fuel Program as it expands to an additional 14 stations, more than doubling

H-E-B Launches Online Store

Some 50,000 products now available on HEB.com. Texas-based H-E-B, one of the nation’s largest regional grocery retailers with more than 370 stores in Texas and Mexico, announced that 50,000 shelf-stable foods, drugstore and general merchandise products are now available to purchase and ship at HEB.com. Products include H-E-B’s popular store brands like Central Market Organics

TravelCenters Third Quarter Financial Results

During the first three quarters of 2015, TA invested $319.4 million to acquire and renovate a combined 153 travel centers and convenience stores. TravelCenters of America LLC has announced financial results for the three and nine months ended Sept. 30, 2015: Business Commentary Fuel sales volume for the 2015 third quarter increased by 36.7 million

Anheuser-Busch and Molson Coors Complete Divestiture

A $12 billion transaction has been completed between Anheuser-Busch and Molson Coors. A joint venture has been forged between Anheuser-Busch InBev and Molson Coors Brewing Co. regarding a complete divestiture of SABMiller plc’s interest in MillerCoors LLC in the U.S. and Puerto Rico. The transaction is valued at $12 billion and is conditional on the completion of

Parker’s Gives Back

Parker’s third annual golf tournament raised funds to benefit Georgia and South Carolina communities. Parker’s Fueling was able to raise $83,597 to benefit education, healthcare and other important causes in coastal Georgia and South Carolina through the 2015 Parker’s Fueling the Community Charity Golf Tournament. The tournament attracted 138 players from across the region, including a

Manitowoc Foodservice Gains New Board Members

Seasoned industry members have been chosen to serve on the Board of Directors for the newly created Manitowoc Foodservice Inc. Timothy Fenton and Thomas  Davis have been added to to the Board of Directors of The Manitowoc Co. Inc.’s wholly-owned subsidiary Manitowoc Foodservice Inc., which is planned to be spun-off from The Manitowoc Co. Inc. in the

22nd Century Group Settles Litigation with Former CEO

Differences have been settled between 22nd Century Group and former CEO. 22nd Century Group Inc. (the Company) and Joseph Pandolfino, the former CEO and founder of the Company, have settled all litigation and disputes between the parties. The details of this settlement have been disclosed by the Company in its filing with the U.S. Securities

McDonald’s CEO Weighs in on Refranchising Plans

McDonald’s officials are confident about the current turnaround plan. McDonald’s Corp. president and CEO Steve Easterbrook and members of senior management provided an update on the company’s Turnaround Plan during the its recent investor meeting. “The cornerstone of our System is our powerful and enduring brand. While we are still in the early stages of

7-Eleven Closes Deal on 101 Gasoline Locations

7-Eleven may rebrand newly-acquired stores. 7‑Eleven Inc. and its wholly-owned subsidiary, SEI Fuel Services Inc., acquired 101 gasoline locations in Florida from Biscayne Petroleum LLC and Everglades Petroleum LLC. The acquisition, advised by Matrix Capital Markets Group Inc., consists of 94 controlled real estate locations, seven fuel-supply-only contracts and some related assets. These operations are primarily

7-Eleven Offers Veteran Franchisee Opportunities

7-Eleven wants to help retired veterans live the American Dream. 7-Eleven Inc. is working to provide more franchise opportunities to qualified men and women who have served in the U.S. Armed Forces. The retailer has set a goal of recruiting 100 veterans and providing $2 million in discounts by the end of 2016. Launched in the

Murphy USA Announces Financial Results

Murphy USA third quarter financial results reveal that the company is on track with its organic growth plan. Murphy USA Inc. has released its financial results for the three and nine months ended Sept. 30, 2015. Three-month results For the three month period ended Sept. 30, 2015, the Company reported net income of $60.5 million or

Weigel’s Wins Blue Ribbon

Weigel’s takes on the competition and wins a blue ribbon for its chocolate milk. Weigel’s recently won its third blue ribbon in the Tennessee State Fair for its chocolate milk. Weigel’s also won blue ribbons for its chocolate milk in 2011 and 2014. This year’s competition was held at the Fairgrounds in Nashville, Tenn. from Sept. 11-20. “We are pleased

High Hopes for Holiday Shopping

Will lower gas prices lead to increased holiday spending? As gas prices remain low, industry professionals hope that consumers will spend more this holiday season. According to a survey from the National Association of Convenience Stores (NACS), more than one in four (26%) consumers expect to increase their spending this month, a seven-point jump over the past

QuickChek Helps Feed the Hungry

In the spirit of the holiday season, QuickChek is inviting shoppers to donate and help feed hungry families. During the upcoming holiday season, QuickChek Corp. will help feed hungry families through the Check-Out Hunger campaign. The Whitehouse Station, N.J.-based fresh convenience market chain is a campaign partner of the annual fundraiser that takes place every

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