Holt Oil Looking Ahead

A family-grown business for three generations, Holt Oil Co. is casting a wider net in North Carolina’s coastal region. By David Bennett, Senior Editor At times, businesses are so focused on future growth they forget their ties to the community. Fayetteville, N.C.-based Holt Oil Co. doesn’t forget either community or family. In positioning the company


Sunoco LP Announces New Chairman and Other Board Changes

Matthew Ramsey succeeds Sam Susser as chairman of the Board. Sunoco LP has appointed Matthew Ramsey as its new chairman of the Board. Ramsey succeeds Sam Susser, who has resigned from the Board to pursue other new business interests. Ramsey has served as a director of Sunoco LP (SUN) since August 2014, serving as chair

Gas Prices Hit New High

Average U.S. gas prices grow 55 cents since January. The national average price of gas is $2.58 per gallon, as of April 30, marking the highest average so far this year, AAA reported. Pump prices have soared 55 cents higher since a low of $2.03 in late January, making this the largest seasonal increase in

TravelCenters of America Acquires 19 Locations

Sites expected to be rebranded as Minit Mart. TravelCenters of America LLC (TravelCenters), operator of the TA and Petro Stopping Centers travel center and the Minit Mart convenience store brands has completed its previously disclosed acquisition of 19 gasoline/convenience store locations in Kansas (three) and Missouri (16) for $27 million. TravelCenters expects that the convenience

Battery Swap Model Takes Top Prize

Fuels Institute announces winner in Future of Transportation Student Competition. A proposed battery swap model developed by University of Wisconsin students to increase the viability of electric vehicles was named the winner of the Fuels Institute’s inaugural Future of Transportation Case Competition at the Institute’s Spring Meeting in New Orleans. The University of Wisconsin team’s

Couche-Tard Clarifies Court Filing

The Circle K Corporation filing for bankruptcy has no link to the subsidiary of Couche-Tard. Alimentation Couche-Tard Inc. (Couche-Tard) is clearing up any potential rumors of a bankruptcy after it learned that a Court document dated April 24, 2015 and filed before the United States Bankruptcy Court in the District of Arizona pursuant to a

Get-n-Go Convenience Stores Leverage PriceAdvantage

Critical real-time data, enables the South Dakota retailer to make instant, informed pricing changes. Olson Oil has chosen PriceAdvantage software to automate and accelerate fuel pricing at their 18 Get-n-Go conveniences stores throughout South Dakota. Olson Oil selected PriceAdvantage based on its confidence that the software will help them price fuel more confidently and quickly.

Marathon Petroleum To Split Stock

Move aims to make shares more accessible for a more diverse range of investors. Marathon Petroleum Corp. is planning a two-for-one stock split after more than doubling in value since being spun off by Marathon Oil Corp. four years ago, Bloomberg reported. The company said it believes the stock split would make its shares more

Loves Debuts New Travel Stop in Kansas

Opens its first location along Interstate 135. Love’s Travel Stops has opened its first location on Interstate 135 in McPherson, Kansas, at the intersection of U.S. Highway 56. The new travel stop provides drivers with a place to rest and access driver services along the nearly 100-mile stretch of interstate. The new facility offers name-brand

Consumers Increasingly Turning to Fresh Items in Convenience Stores

Seven in 10 of those age 18-34 (70%) say that convenience stores offer food that they feel comfortable eating. Over one in three Americans (34%) say that they have purchased more snacks that are considered “healthy choices” over the past year, and they are increasingly turning to convenience stores for these healthy purchases, according to

Core-Mark Announces First Quarter 2015 Investor Call

Core-Mark Holding Co. Inc. plans to release its earnings before the market opens on Thursday May 7, 2015 for the first quarter ended March 31, 2015 and will host an investor call later that morning at 9 a.m. Pacific time. This call may be accessed by dialing 800-588-4973 using the code 39514933. The call may

The Rise of MLP Strategies

The battle lines are being drawn. MLP strategies begin to coalesce while sidelining traditional marketers. By Mark Radosevich Over the past year, the character of Master Limited Partnerships (MLP’s) has begun to morph from a gallon aggregation model, where the primary objective was to capture increasing amounts of wholesale fuel distribution volume, to a device

Capturing the Fill-In Shopping Trip at C-Stores

Convenience stores offer a convenient and quick option for consumers in need of only one or two items to carry them over until their next trip to the grocery store. To help convenience stores leverage the fill-in shopping opportunity, General Mills Convenience & Foodservice conducted a survey to better understand shoppers’ attitudes and needs for

Many Millennials Dislike Interacting With Cashiers

Study finds majority of shoppers are using self-service checkout kiosks, but seek improved process. Retale, a location-based mobile platform connecting more than 3.5 million shoppers with their favorite major retailers locally, announced the results of a new commissioned study examining consumer self-service checkout adoption among brick-and-mortar retailers. The study focused on several areas of the

Conexxus Conference Kicks Off in Annapolis

Retailers learn new cybersecurity considerations, get a glimpse into the future of payments. During the Monday afternoon sessions at the 2015 Conexxus Annual Conference guests heard from experts about best practices in cybersecurity as well as the future of payments. Cybersecurity Brigadier General (retired) Gregory Touhill, deputy assistant secretary for cybersecurity operations and programs in

Kum & Go to Offer E15 Fuel Options in 2015

More than 65 Kum & Go stores across seven states to offer the alternative fuel. Kum & Go plans to begin offering E15 as a fuel option. The first station, located at 7229 University Avenue in Windsor Heights, Iowa will open on April 30. Over the next two years, Kum & Go plans to make

Wawa Marks Official Entrance Into Southwest Florida

Celebrates the grand opening of three Fort Myers-area locations. Wawa Inc. has announced the latest milestone in its Florida development—the grand opening of its first three stores in the Fort Myers area—each opened on Thursday,  April 23, 2015—marking its official entrance into Southwest Florida. The stores are located at: • 2370 Colonial Boulevard, Fort Myers,

Shell, TravelCenters of America Add LNG Fueling Centers

“TravelCenters of America is the ideal partner to help us bring this vision to life,” says Shell spokesperson. Shell and TravelCenters of America LLC (TA) have finalized an agreement to develop a U.S. nationwide network of liquefied natural gas (LNG) fueling centers for heavy-duty road transport customers. The plan is to construct at least two

QuickChek Donates To First Responders

Gives back to Sayreville, N.J. Fire Department by donating a portion of sales from a store that reopened following a strip mall fire. QuickChek Corp. will donate 25 cents for every sub, sandwich and wrap sold in its Main Street store to the Sayreville Fire Department following the fire-damaged convenience market’s re-opening Tuesday, April 14.

FASTRAK Extends Partnership With VP Racing Fuels

“Since the inception of crate racing, racers have turned to VP fuels for superior power and consistency,” says VP spokesperson. The FASTRAK Racing Series announced that VP Racing Fuels will continue as Official Fuel of the FASTRAK Racing Series, including both the FASTRAK weekly series and touring series throughout the U.S. The agreement designates VP

Cigar’s March Performance Points to Improving Conditions

Cigar growth at c-stores driven by pouches. Cigar dollar sales four weeks-ending March 29, 2015 posted a gain of 6.4%, increasing the average per store week sales to approximately $475. Retail units sold also advanced 7.6% versus last year based on the Balvor Retailer Composite (BRC). “The vast majority of the growth in Cigars came

Retailers Applaud Advancement of House Cyber Security Bills

“Retailers have taken extraordinary steps in the past year to combat cybercrime and protect our customers from the impact of data breaches and other cyber-attacks,” says vice president for privacy and cybersecurity. The Retail Industry Leaders Association (RILA) applauded House passage of two pieces of legislation designed to strengthen the ability of law enforcement and

Kum & Go Celebrates 100th LEED Certified Store

New Iowa-based site marks company milestone. Kum & Go has secured its 100th LEED certification from the U.S. Green Building Council (USGBC) for its use of sustainable construction and design. The Urbandale, Iowa store, located at 11989 Hickman Road, achieved a LEED Silver certification. LEED, or Leadership in Energy and Environmental Design, is a points‐based

Love’s Opens First Location Along Interstate 49

New Neosho, Mo. location offers 24/7 service and a Truck Tire Care center. Drivers traveling the 300-mile stretch of Interstate 49 between Fort Smith, Ark., and Kansas City, Mo., can access parking and driver services at the new Love’s Travel Stop in Neosho, Mo. Love’s has opened its first location on Interstate 49, located at

BUNN IoT Technology Receives Gold Award

2015 Connected World Awards honors BUNN. BUNN, a global manufacturer of dispensed beverage equipment, was honored with a Gold Award for Remote Equipment Management at the 2015 Connected World Awards for its partnership with Mesh Systems in the development of BUNNlink Wellness Program. “The 2015 Connected World Award winners are leveraging the ‘Internet of Things’