Global Partners Release Third Quarter Financial Results

Global Partners financial results reveal that positive results in certain areas offset certain weaknesses. Global Partners LP has released its financial results for the third quarter ended Sept.30, 2015. “Positive results in our Gasoline Distribution and Station Operations (GDSO) segment offset weakness in our Wholesale segment in the third quarter,” said Eric Slifka, the Partnership’s president and


Snyder’s-Lance Donates To Toys For Tots

Snyder’s-Lance is helping the less fortunate through sales of holiday snacks. Snyder’s-Lance Inc. has introduced new snack offerings to help customers celebrate this holiday season. The offerings include chocolate-covered pretzels, festive cookies and flavored popcorn. On top of helping customers celebrate, Snyder’s-Lance is helping families in need by donating partial proceeds from the seasonal snacks to the Marine Toys for Tots

Core-Mark Announces Third Quarter Financial Results

Core-Mark optimistic as third quarter results reveal company gains in the last quarter. Core-Mark Holding Co. Inc. has released the financial results for its third quarter ending Sept. 30, 2015.   “Core-Mark is having a very good year driven by significant market share gains and continued success in our core strategies. We remain focused on infrastructure investments to

Anheuser-Busch Announces Management Changes

Brewing giant Anheuser-Busch moves team members to new positions. Anheuser-Busch InBev (ABI) has announced organizational changes that will be put into effect on Jan. 1, 2016. David Almeida has been named to a global special project, reporting to ABI Global CEO Carlos Brito. Almeida came to the North American organization as vice president of finance after

Delek US Releases Third Quarter Financial Results

Delek US officials continue to evaluate growth opportunities, while their financial position remains conservative. Delek US Holdings Inc. has released financial results for its third quarter ending Sept. 30, 2015. Delek US reported a third quarter net income of $18.7 million, or 29 cents per diluted share, versus net income of $72.5 million, or $1.22 per diluted share,

Empire Petroleum and Patriot Capital Form Exclusive Partnership

Empire Petroleum looks to Patriot Capital to help meet aggressive growth objectives. Empire Petroleum Partners has entered into a strategic financing solution with Atlanta-based Patriot Capital. Empire retailers, whose brands include Shell, Sunoco, BP, Chevron, Texaco, Valero, Gulf, Marathon, ExxonMobil and Phillips 66 – may turn to Patriot to access enhanced financing options to upgrade

CST Brands Considers Strategic Options For California Stores

Wells Fargo weighs in on CST Brands’ acquisition of Flash Foods. On the heels of its agreement to acquire Flash Foods, CST Brands announced it is exploring strategic options for the company’s California network, comprised of 76 stores, to enhance shareholder value, including, among others, a potential tax-efficient like-kind exchange for properties proposed to be

CrossAmerica Divests Fuels Businesses

The company sells its fuels transportation, residential heating oil and tank wagon commercial fuels businesses to multiple buyers. CrossAmerica Partners LP has successfully sold its fuels transportation, residential heating oil and tank wagon commercial fuels businesses that were formerly operated by wholly-owned subsidiary, Petroleum Marketers Inc. (PMI) to multiple buyers. Reliable Tank Line, LLC, a

Details On CST Brands’ Acquisition Agreement With Flash Foods

The purchase would mark the largest network acquisition for CST Brands. CST Brands Inc., a San Antonio-based Fortune 500 fuel and convenience retailer, has entered into an exclusivity agreement to finalize the terms of the definitive agreement for CST to acquire 100% of the outstanding shares of Flash Foods Inc. and certain related entities in

Brewer Merger Deadline Extended, Again

The third extension has been granted to SABMiller and Anheuser-Busch to agree upon terms of possible takeover deal. Another extension has been granted to SABMiller and Anheuser-Busch InBev in their attempt to reach an agreement on the terms of a possible takeover deal. According to a report from The New York Times, the two companies

Manitowoc Foodservice Appoints New Chief Financial Officer

Seasoned businessman, John Stewart, has been appointed as the new chief financial officer of Manitowoc Foodservice as the company prepares for new opportunities. Effective Nov. 9, John Stewart will be the new chief financial officer for Manitowoc Foodservice Inc. “John is a seasoned leader with more than 20 years of experience in the food and

Ricker’s Launches Reduced Emission Fuel

Partners with GreenPrint to help customers reduce tailpipe emissions. Ricker’s has teamed up with GreenPrint LLC to introduce a Reduced Emissions Fuel Program across its 32 c-stores in Indianapolis. GreenPrint already has launched its reduced emission gasoline in Atlanta with BP and New Mexico with Alon 7-Eleven. The turnkey sustainability program reduces consumers’ tailpipe emissions

Town Star Holdings Acquires Five RaceTrac Stores

The newly-acquired Orlando area c-stores mark the second acquisition for the company. Town Star Holdings LLC, an affiliate of Junonia Capital LLC of Fort Myers, Fla. has acquired five convenience stores from RaceTrac Petroleum Inc. of Atlanta. NRC Realty & Capital Advisors LLC acted as exclusive financial advisor to the buyer in connection with arranging

Can Today’s Planning Systems Handle Omni-channel Demands?

Retailers look to upgrade merchandising systems. Current retail planning systems are out-of-date and don’t effectively address today’s requirements for an omni-channel planning environment, according to Boston Retail Partners’ 2015 Merchandise Planning Benchmark Survey. Many retailers are using planning applications designed for old retail business models with a large percentage of these systems installed in the

Buhler Named PanHellenic Scholarship Foundation’s Board Chairman

Robert Buhler succeeds Chris Tomaras, who passed away last month. The PanHellenic Scholarship Foundation has named Robert Buhler, president of Open Pantry Food Marts Inc., as its new chairman of the Board of Directors. Buhler succeeds Chris Tomaras, who passed away on Oct. 14, 2015. Formerly, Buhler served as vice chairman of the Board. “We

TravelCenters Announces Christmas Sweepstakes

UltraONE Driver Rewards program members have the chance to win daily prizes. TravelCenters of America LLC (TravelCenters), operator of TA and Petro Stopping Centers branded travel centers, is spreading Christmas cheer this holiday season with its “Believe and You May Receive” sweepstakes for its UltraONE Driver Rewards Program Members. From Nov. 1- 30, 2015, UltraONE

QuickChek Awards Fans During World Series

After each Mets win, QuickChek customers also win big. Fifteen years since their last World Series appearance and 29 years since their last World Series title, Mets fans now have another reason to root their team on during the Fall Classic. QuickChek is giving fans a chance to win a free item from its award-winning

ExxonMobil Sues Nielsen Spirits Over Trademark Infringement

ExxonMobil says its signature ‘Interlocking X’ logo has been stolen by Roxx Vodka. ExxonMobil has filed a lawsuit against the makers of Roxx Vodka for trademark infringement. The lawsuit was filed in the U.S. District Court for the Southern District of Florida against start up Nielsen Spirits Inc., the creator and owner of Roxx Vodka,

Jobs available

By Tony Huppert, CEO of Team Oil Inc. As I drive the highways, I can’t help but see ‘Help Wanted’ signs everywhere. Fast food, factories, hospitals, etc. all have ‘Help Wanted’ signs in their yards. I can’t help but wonder if the ads are misleading. Back in the 70’s I was working at the Armour

Retailers: Double Your Profits With This Simple Trick

By Bill Scott, founder of StoreReport LLC & Scott Systems Inc. In 1965, I made my living as a DJ pulling the morning shift at a local radio station, and selling radio commercials in the afternoon. I remember one sales call in particular. I sat across the desk from a Southland Corporation (Pak-A-Sak) executive in

How Family Express Became 2015 C-Store Chain of the Year

The Valparaiso, Ind. chain is a finely-tuned machine, excelling in self-distribution, foodservice, recruiting and training employees. Its commitment to excellence earns it Chain of the Year honors. By John Lofstock, Editor Innovation, outstanding operations, superior leadership and an ongoing commitment to con- venience retailing are the common characteristics of the best convenience store chains in

Pester Marketing Co. Acquired by World Fuel Services

Alta Fuels and Alta Transportation are included in the sale. World Fuel Services Inc. has acquired 100% of the equity securities of Pester Marketing Co. and its wholly-owned subsidiaries, Alta Fuels LLC and Alta Transportation LLC. Pester, headquartered in Denver, is an operator of 57 retail convenience stores and two terminals, and a distributor of

CST Brands, CrossAmerica To Release Q3 Earnings Results

Replay of conference call to be available for 60 days. CST Brands Inc. and CrossAmerica Partners LP are set to host a joint conference call on Nov. 4, 2015 at 9 a.m. Eastern Time to discuss third quarter earnings results, which will be released before the market opens that day. The conference call numbers are

RAI Releases Third-Quarter Report

RAI management possesses a positive outlook for the company’s future. Reynolds American Inc. has released its third-quarter 2015 financial results, and the company is in a favorable position. RAI has released third-quarter 2015 reported EPS of $0.46, up 4.5% from the prior-year quarter, benefitting from higher cigarette and moist-snuff pricing and volume, as well as the

MFA Oil Co. Acquires Elaine Petroleum Distribution

Acquisition to enhance MFA Oil’s service to agricultural customers in the Mid-South. MFA Oil Co., the seventh largest propane retailer in the U.S., has acquired Elaine Petroleum Distribution Inc., a refined fuels supplier based in Elaine, Ark. The purchase strengthens MFA Oil’s position in eastern Arkansas as the company expands its operating territory. “Elaine Petroleum