Consumer Optimism Falls as Gas Prices Rise

Rising gas prices are taking a toll on consumer optimism about the economy, with optimism falling to its lowest level since August 2014. Consumer optimism fell from 54% to 44%, the largest decrease in optimism in more than two years, according to survey results released by the National Association of Convenience Stores (NACS). In the


Casey’s Posts Record Third Quarter

Strong inside sales and fuel margins aid growth. Casey’s General Stores Inc. reported diluted earnings per share of $1.01 for the third quarter of fiscal 2015 ended Jan. 31, 2015, compared to $0.33 per share for the same quarter a year ago. Year to date, diluted earnings per share were $3.57 compared to $2.73 a

Save-A-Lot’s Newest Stores Focus On Fresh

Expands across eight states. Over the past month, Supervalu’s hard-discount grocery banner, Save-A-Lot, has opened 13 new stores across eight states—its latest last week in Rockford, Ill. The banner’s newest stores, according to company officials, focus on fresh, with a “commitment to bring “fresh produce, dairy and meats” to their communities. The new stores are

Hershey Named One of the World’s Most Ethical Companies

Hershey’s commitment to ‘Bringing Goodness to the World’ results in first ranking on 2015 Most Ethical Company List. The Hershey Co. announced that it has been recognized as a 2015 World’s Most Ethical Company by the Ethisphere Institute. The Hershey Co.’s first appearance on the World’s Most Ethical Companies list underscores the company’s commitment to

Kum & Go Launches New Brand Approach

New campaign focuses on “Where & means more.” Beginning today, Kum & Go is introducing a new campaign to bring their brand to life in-store and through advertising in the markets where they operate. The campaign will show that Kum & Go delivers more than convenience customers expect by focusing on the little extras their

Phillips 66 US Marketing Honored

Wins the American Marketing Association Houston Chapter 2014 Marketer of the Year Award. The American Marketing Association (AMA) Houston Chapter announced the 21 companies and organizations as Best in Category winners and Phillips 66 US Marketing as the overall 2014 Marketer of the Year for Houston on Thursday night, March 5, 2015, during AMA Houston

AAFES Works To Improve Customer Satisfaction

Names 2015 as the year of the customer. The Army and Air Force Exchange Service (AAFES) has launched an effort to improve customer satisfaction at its stores, according to The Military Times. The move came before AAFES recently learned of its low rating in a national customer satisfaction survey. Addressing customer satisfaction is the second

Dollar General Expands Into Three New States

Grand opening celebrations in Oregon, Maine and Rhode Island expands major retailer’s presence to 43 states. This morning, Dollar General marked another significant milestone in its company growth by celebrating new store grand openings in Oregon, Maine and Rhode Island, expanding the major retailer’s presence to 43 states. “It’s very exciting to move into these

Kellogg Co. Named Among Top Companies For Women Executives

NAFE names Kellogg Co. among the best for women senior leadership. Kellogg is pleased today to again be named among the “Top 50 Companies for Executive Women” by the National Association for Female Executives (NAFE). With four women on its board of directors, or 38%, and eight women holding spots on the company’s Global Leadership

Chuckles: A Family Affair

With new locations planned for Kentucky and Indiana, third-generation C.E. Taylor Oil is positioning its Chuckles convenience store chain for the future. By David Bennett, Senior Editor When C.E. Taylor Oil Inc. was just getting started, family members who were intent on growing the business realized that while gas was the base of operations, retail

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)

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 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

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

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

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.

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

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,

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 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

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.

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

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

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 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