Anheuser-Busch and Molson Coors Complete Divestiture

A $12 billion transaction has been completed between Anheuser-Busch and Molson Coors. A joint venture has been forged between Anheuser-Busch InBev and Molson Coors Brewing Co. regarding a complete divestiture of SABMiller plc’s interest in MillerCoors LLC in the U.S. and Puerto Rico. The transaction is valued at $12 billion and is conditional on the completion of

Parker’s Gives Back

Parker’s third annual golf tournament raised funds to benefit Georgia and South Carolina communities. Parker’s Fueling was able to raise $83,597 to benefit education, healthcare and other important causes in coastal Georgia and South Carolina through the 2015 Parker’s Fueling the Community Charity Golf Tournament. The tournament attracted 138 players from across the region, including a

Manitowoc Foodservice Gains New Board Members

Seasoned industry members have been chosen to serve on the Board of Directors for the newly created Manitowoc Foodservice Inc. Timothy Fenton and Thomas  Davis have been added to to the Board of Directors of The Manitowoc Co. Inc.’s wholly-owned subsidiary Manitowoc Foodservice Inc., which is planned to be spun-off from The Manitowoc Co. Inc. in the

22nd Century Group Settles Litigation with Former CEO

Differences have been settled between 22nd Century Group and former CEO. 22nd Century Group Inc. (the Company) and Joseph Pandolfino, the former CEO and founder of the Company, have settled all litigation and disputes between the parties. The details of this settlement have been disclosed by the Company in its filing with the U.S. Securities

McDonald’s CEO Weighs in on Refranchising Plans

McDonald’s officials are confident about the current turnaround plan. McDonald’s Corp. president and CEO Steve Easterbrook and members of senior management provided an update on the company’s Turnaround Plan during the its recent investor meeting. “The cornerstone of our System is our powerful and enduring brand. While we are still in the early stages of

7-Eleven Closes Deal on 101 Gasoline Locations

7-Eleven may rebrand newly-acquired stores. 7‑Eleven Inc. and its wholly-owned subsidiary, SEI Fuel Services Inc., acquired 101 gasoline locations in Florida from Biscayne Petroleum LLC and Everglades Petroleum LLC. The acquisition, advised by Matrix Capital Markets Group Inc., consists of 94 controlled real estate locations, seven fuel-supply-only contracts and some related assets. These operations are primarily

7-Eleven Offers Veteran Franchisee Opportunities

7-Eleven wants to help retired veterans live the American Dream. 7-Eleven Inc. is working to provide more franchise opportunities to qualified men and women who have served in the U.S. Armed Forces. The retailer has set a goal of recruiting 100 veterans and providing $2 million in discounts by the end of 2016. Launched in the

Murphy USA Announces Financial Results

Murphy USA third quarter financial results reveal that the company is on track with its organic growth plan. Murphy USA Inc. has released its financial results for the three and nine months ended Sept. 30, 2015. Three-month results For the three month period ended Sept. 30, 2015, the Company reported net income of $60.5 million or

Weigel’s Wins Blue Ribbon

Weigel’s takes on the competition and wins a blue ribbon for its chocolate milk. Weigel’s recently won its third blue ribbon in the Tennessee State Fair for its chocolate milk. Weigel’s also won blue ribbons for its chocolate milk in 2011 and 2014. This year’s competition was held at the Fairgrounds in Nashville, Tenn. from Sept. 11-20. “We are pleased

High Hopes for Holiday Shopping

Will lower gas prices lead to increased holiday spending? As gas prices remain low, industry professionals hope that consumers will spend more this holiday season. According to a survey from the National Association of Convenience Stores (NACS), more than one in four (26%) consumers expect to increase their spending this month, a seven-point jump over the past

QuickChek Helps Feed the Hungry

In the spirit of the holiday season, QuickChek is inviting shoppers to donate and help feed hungry families. During the upcoming holiday season, QuickChek Corp. will help feed hungry families through the Check-Out Hunger campaign. The Whitehouse Station, N.J.-based fresh convenience market chain is a campaign partner of the annual fundraiser that takes place every

Gulf Oil Expands Into Wisconsin

As Gulf continues with its national expansion plans, a partnership with Venture Fuels brings the brand back to Wisconsin for the first time in more than two decades. Gulf Oil LP and Venture Fuels, a major fuel distributor in the upper Midwest, have partnered to bring the iconic Gulf brand back to Wisconsin for the

How To Weather the Storm

From crafting a plan to installing automatic generators, stakeholders in areas that experience hurricanes share best practices for emergency preparedness. By Brad Perkins, Contributing Editor With the damage from Super Storm Sandy fresh in their minds, convenience store owners would have been right to be concerned when Hurricane Joaquin barreled toward the Atlantic Coast in

Heineken Launches Strategic Marketing Program

Heineken is looking to drive sales this football season with the return of its successful What’s Your Play? program. HEINEKEN USA will soon launch its What’s Your Play? portfolio retail program, which will run from Jan. 1 through Feb. 28. The comprehensive program includes eye-catching football themed POS materials, digital partnerships, a Twitter-driven sweepstakes, and cross-merchandising

How To Heighten The Customer Experience

More c-stores are coming up with innovative concepts to heighten the customer experience, resulting in increased sales. By David Bennett, Senior Editor In the competitive climate, in which convenience stores operate, one of the biggest advantages that the channel holds over other retail segments is obviously convenience. It’s the one business aspect that other channels

How to Maximize Mandatory Store Service Time

Everyone from the top to the bottom should understand what a good store manager does to keep the operation humming. By Fran Duskiewicz For the first 10 years or so that I worked for Nice N Easy, I spent most of my time on the road with store managers—training, opening stores, creating programs, whatever it

Big Red Loyalty Program

Big Red Stores offers customers discounts on gas when they make in-store purchases. Customers of Big Red Stores can now earn rewards for shopping at any Big Red Stores’ 32 locations. The new Discount Gas Card program allows customers to automatically earn more cents off gas prices when they purchase items inside the store. “The Big

Kum & Go Named All-Star Service Organization

Kum & Go goes above and beyond to help its customers. The National Customer Service Association (NCSA) has named Iowa-based convenience store chain, Kum & Go, the All-Star Service Organization of the Year 2015. This award is presented annually to a single business that consistently maintains a focused culture of service excellence. “Because of the excellent

Dollar Express Acquires 330 Family Dollar Stores

Sycamore Partners expects the newly-acquired stores to be well-positioned to become innovators in the market. Dollar Tree Inc. has divested 330 Family Dollar stores to Dollar Express LLC, a portfolio company of Sycamore Partners. The divestiture satisfied a condition as required by the Federal Trade Commission in connection with Dollar Tree’s recently-completed acquisition of Family Dollar

Walgreens Balance Rewards Available on Apple Pay

Walgreens is making it easier for customers to use their rewards account by making customer accounts available through Apple Pay. Walgreens Balance Rewards members can now use their accounts without scanning a Balance Rewards card or barcode. It now possible for more than 85 million active Balance Rewards members to earn and redeem loyalty points via Apple

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,