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 Current retail planning systems are out-of-date and don’t effectively address today’s requirements for an omni-channel planning environment, according to Boston Retail Partners’ 2015 Merchandise Planning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

7-Eleven Opens In Dallas-Fort Worth Airport

C-store customers can purchase a special ‘snack pack’ before their flight. Now airport customers in Dallas-Fort Worth can get all their convenience needs met before their flight. The first 7-Eleven store located behind security inside a U.S. airport terminal has opened at the Dallas-Fort Worth Airport (DFW). The new c-store boasts a first-class selection of

Love’s Debuts New Travel Stops in Italy, Texas

New site to serve the convenience needs of drivers traveling to and from the Dallas-Fort Worth area. Love’s Travel Stops has opened a new location in Italy, Texas, along Interstate 35E, Exit 386. The opening of the newest facility brings the total number of Love’s in the Lone Star State to 54. The new store

TravelCenters Acquires Eight Stop-a-Sec Stores

An eight-store family chain has been acquired by TravelCenters. Matrix Capital Markets Group Inc. has closed the sale of eight stores owned by Stop-a-Sec Inc. and Seck Enterprises Inc. of Luck, Wis. to TravelCenters of America LLC. All eight of the sites were owned in fee. The stores are located in western Wisconsin and serve the communities

NOCO Combats Cancer in the Community

NOCO raises over $25,000 to support local Leukemia & Lymphoma Society chapter. Throughout August and September, NOCO customers and employees raised $25,015 to support the Leukemia & Lymphoma Society’s Western & Central New York Chapter. “As a company firmly committed to giving back to our local community, NOCO has been a proud supporter of the Leukemia

Walgreens Buying Rite Aid

Walgreens Boots Alliance Inc. and Rite Aid Corp. announced on Tuesday, Oct. 27, that Walgreens will acquire all outstanding shares of Rite Aid, a U.S. retail pharmacy chain, for $9 per share in cash, for a total enterprise value of approximately $17.2 billion, including acquired net debt. The purchase price represents a premium of 48% 

7-Eleven Selects New Distributor For 900 Locations

Core-Mark will soon service 7-Eleven stores in three western regions. A five-year supply agreement was recently signed stating that approximately 900 7-Eleven stores in three western regions will be serviced by Core-Mark Holding Co. Inc. Core-Mark will be the primary wholesale distributor, delivering a wide range of products to these stores out of three of

How Falling Crude Costs Are Keeping Gas Prices Low

Drivers are getting relief at the pump, but will it last? The average pump price has fallen nationally for regular unleaded gasoline for 17 consecutive days, providing customers with a total savings of 12 cents per gallon. The national average currently sits at $2.20 per gallon, the lowest price since February, according to a report

SCV Oil Acquires Five C-Stores

SCV Oil expands presence in the Southeast. Southern South Carolina-based SCV Oil LLC has acquired five convenience stores located in Western Virginia and northeastern Tennessee from various related entities of Sunshine Fuel LLC of Florida. This is SCV Oil’s second acquisition this year, greatly expanding the company’s geographic reach to now encompass a wide area of the

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