New Chicago Thorntons

Thorntons is opening a first of its kind Chicago kitchen. A new Thorntons kitchen is slated to open on Friday, March 4 at 6 a.m. at 2095 East Algonquin Road in Chicago. This new Thorntons, the first of its kind in Chicago, is a foodservice-focused location which will feature a grab-and-go kitchen and thirst-quenching beverages

FacebookTwitterLinkedInShare

Snyder’s-Lance Acquires Diamond Foods

Snyder’s-Lance is expanding its portfolio of snack foods through its acquisition of Diamond Foods. The acquisition of Diamond Foods Inc. by Snyder’s-Lance Inc. has been completed. The terms of the deal state that Snyder’s-Lance now owns all outstanding shares of Diamond Foods due to a cash and stock merger transaction, and Diamond Foods stockholders have

Engine Details Its Nominees for CST’s BOD

Engine says the right Board of Directors can substantially increase shareholder value for CST Brands. Engine Capital L.P., a shareholder of CST Brands Inc. intends to deliver a formal nomination of what it says are four highly qualified director candidates for election to CST Brands’ Board of Directors at the company’s upcoming 2016 annual meeting

BellStores Streamlines Pricing Strategies with PriceAdvantage

PriceAdvantage will now help BellStores make faster, more informed price changes in response to market changes. BellStores has officially chosen to use PriceAdvantage, a fuel price management software company and division of Skyline Products, to streamline and automate its store-specific fuel pricing strategies at the company’s 55 convenience stores located throughout Ohio. BellStores selected PriceAdvantage

The Pinnacle Corp. has Promoted Drew Mize to President

Drew Mize is moving his way up the corporate ladder of  The Pinnacle Corp. Drew Mize, former chief operating officer for The Pinnacle Corp., has been promoted to the position of president for Pinnacle, a supplier of automation technology to the convenience retail and petroleum industries. “It’s a pleasure to have worked with Drew at

7-Eleven Releases Hot Dog Bill of Rights

7-Eleven believes that all consumers have the right to the highest quality hot dogs available. 7-Eleven is committed to ensuring that consumers receive only the highest standards, and the company recently produced The Hot Dog Bill of Rights. The proclamation follows Burger King’s Feb. 23 launch of its grilled hot dog offering, which features two

How To Maximize Employee Engagement

The Coca-Cola Research Council releases the results of an employee engagement study in a three-part guide called “Power Up Your People.” When it comes to business growth numbers matter, but so does creating a culture of employee engagement that can help grow a convenience store’s financial performance, decrease turnover and build stronger customer loyalty. For

GPM Expands Midwestern Store Portfolio

GPM has acquired 15 c-stores across three states. The acquisition of 15 convenience stores with gasoline by GPM Investments LLC and its affiliates is helping to further develop the company’s existing portfolio of stores in the Midwest. GPM acquired stores from Gas-Mart USA Inc. and its affiliates. The 15 stores are located in Southern Illinois,

Citizens Bank Provides Barney’s Convenience Mart with Credit Facility

Citizens Bank has committed to helping Barney’s Convenience Mart meet ambitious financial goals. Barney’s Convenience Mart Inc., a convenience store and retail fuel operator of 18-sites in Northwest Ohio, has received a $21.3 million credit facility from Citizens Bank. The funds include a $17.8 million term loan for the acquisition of real estate, a $500,000

Rotten Robbie Ready to Grow

The northern California convenience retailer prepares to tackle the next phase of its future. By David Bennett, Senior Editor Arguably, California sports its own version of what may be perceived as the gold standard: the California Gold Rush, the state’s rich citrus industry, the Golden State Bridge, Beverly Hills and maybe even the Golden Warriors’

Are Gas Prices On The Upswing?

Only four states are seeing pump price averages above $2 a gallon, but will these low prices start to rise as spring refinery maintenance season gets underway? Even as drivers continue to enjoy gas price savings—some 31 states have average gas prices at or below $1.75 per gallon—the national average gas price has grown for

Dos Equis is the Beer of Choice for Cinco de Mayo

Dos Equis has launched a program to encourage consumers to choose Dos Equis for all of their Cinco de Mayo celebrations. Through a fully-comprehensive, 360-degree program, Dos Equis inviting customers to join them in celebrating Cinco de Mayo. The new program provides LDA+ consumers with everything they need for their best Cinco de Mayo celebration

Parker’s Opens New Drive-Through Location

Parker’s remains committed to giving back to the communities it serves by supporting the schools in the community. As a part of its official grand opening ceremony, the new Parker’s drive-through retail location in Claxton, Ga. presented a check for $2,000 to Evans County schools. Along with the check presentation, the store also held a

TravelCenters Acquires Five Illinois Convenience Stores

Newly acquired stores are set to get upgrades in the coming months. TravelCenters of America LLC (TravelCenters), has completed its previously disclosed acquisition of five convenience stores—formerly known as TD Pete’s— located in Illinois. TravelCenters expects to rebrand the stores as Minit Mart convenience stores. The stores are also set to undergo improvements in the

Car Sales Rebound, Driving Increases

As automotive sales have grown, so has the demand for gas, but with fuel prices low, consumers are spending less at the pump. New data from The NPD Group has revealed that the automotive aftermarket industry experienced significant growth in 2015. The report shows that dollar sales have been on the rise since 2013, but

U.S. Increase in Cash Theft

The U.S. Retail Fraud Survey 2015 has revealed a correlation between cash theft and secure POS storage. The new U.S. Retail Fraud Survey 2015 from Retail Knowledge, sponsored by Volumatic, has revealed that that theft of cash from U.S. retailers has increased, just as the number of stores using secure storage at POS has dropped.

CST Shareholder Plans To Nominate BOD Candidates

JCP Investment Management LLC is making nominations to bring greater industry experience to CST’s Board. Together with its affiliates, JCP Investment Management LLC, a stockholder of CST Brands Inc., has announced the intention to nominate candidates for election to CST’s Board of Directors. Nominations of highly-qualified directors will be made at CST’s upcoming 2016 annual

Sunoco LP Releases 2015 Financial and Operating Results

Sunoco LP experienced a large increase in gross profit in 2015. The profit increase is being attributed to a number of different factors. Sunoco LP’s financial and operating results for the three- and 12- month periods ending Dec. 31, 2015 have been released. Adjusted EBITDA attributable to partners for the quarter totaled $112.2 million, compared

Core-Mark Chief Financial Officer to Retire

Core-Mark has looked within to find a replacement chief financial officer as 26 year company veteran has decided to step down. Stacy Loretz-Congdon, senior vice president and chief financial officer of Core-Mark Holding Co. Inc., has informed the company’s Board of Directors that she will be retiring from the company at the end of 2016.

Brookwood Appoints New Regional Manager for BW Gas & Convenience

As Brookwood plans the expansion of its convenience store portfolio, the company is appointing additional leadership. Nationally-recognized private equity investment firm, Brookwood Financial Partners LLC, has announced that Douglas Wald is now a regional manager for BW Gas & Convenience Holdings LLC. BW Gas & Convenience, an affiliate of Brookwood, owns and operates gas stations

How the EPA Is Cracking Down On UST Violations

Nine stations face fines after repeated non-compliance on underground storage tanks. The U.S. Environmental Protection Agency (EPA) has reached settlements with nine gas stations in Alaska, Oregon and Washington after the stations in question were found to be out of compliance with federal laws designed to protect underground sources of drinking water from fuel stored

Convenience Distribution Marketplace Concludes in Vegas

Held Feb. 16-18, the event welcomed distributors, retailers and exhibitors from across the country. The Convenience Distribution Association (CDA), formerly AWMA, the trade organization working on behalf of convenience products distributors in the U.S., wrapped up its 2016 Convenience Distribution Marketplace in Las Vegas last week. The 2016 Convenience Distribution Marketplace was held Feb. 16-18

How Starbucks Is Altering Its Loyalty Program

The new Starbucks loyalty program is likely to be met with mixed reviews. Loyalty programs are a key driver of repeat business for a number of businesses, and Starbucks has recently made some big changes in its loyalty program. A new report from Forbes has indicated that Starbucks came to the decision to make changes

Mondelēz International Releases Cocoa Life Sustainability Report

Mondelēz International has committed to maintaining a sustainable cocoa supply chain. The first progress report on the Cocoa Life sustainability program has been released by Mondelēz International. The report highlights the impact that the program has had across its six cocoa-growing origins: Ghana, Côte d’Ivoire, Indonesia, Dominican Republic, India and Brazil. The Cocoa Life program

Core-Mark Releases Fourth Quarter Earnings

An investor call was recently held to discuss the company’s fourth quarter earnings. On Feb. 25, 2016, Core-Mark Holding Co. Inc. released the company’s earnings for the fourth quarter which ended Dec. 31, 2015. The results were released before the market opened the morning of Feb. 25. An investor call was also held at 9

css.php