gas_pumps

An End To Climbing Gas Prices?

Prices dip after a 40-day climb, but more fluctuation is expected. The national average price of regular unleaded gasoline dipped on March 8 for the first time since increasing for 40 consecutive days—the longest streak of daily price increases since 2011, AAA reported. During the 40-day rise, average gas prices grew by 43 cents per

Mobile

7-Eleven Launches 7Rewards Loyalty Platform on App

When customers buy six drinks they get the 7th free. 7‑Eleven Inc. is launching 7Rewards, an expanded customer loyalty platform that rewards customers with a free beverage for every six cups purchased through its 7‑Eleven mobile app. The program includes 7‑Eleven coffee and its other hot beverages, Big Gulp, Slurpee and Chillers drinks. “7‑Eleven is

kangaroo-express-celebrates-national-coffee-day01

The Pantry Stockholders Approve Merger With Couche-Tard

Stockholders to receive $36.75 in cash per share. The Pantry Inc. announced that its stockholders approved the previously announced Agreement and Plan of Merger with a U.S. subsidiary of Alimentation Couche-Tard Inc. at its special meeting of stockholders. Based on the tabulation of the stockholder vote, approximately 99% of the total votes cast, which represents

SAS Trade Show1

SAS Trade Show Spotlights New Items

Draws more than 200 exhibitors. The final curtain has closed and the award for “Best in Show” goes to S. Abraham & Sons for their 29th Annual Vendor Exhibit and Trade Show—“SAS Celebrates the Stars of Convenience Retailing.” More than 200 manufacturers exhibited their products to convenience store chains and single-store owners during the show,

travel centers of america logo

TravelCenters of America Acquires 26 Convenience Stores

Looks to rebrand newly acquired sites under its Minit Mart brand. TravelCenters of America LLC (TravelCenters), operator of the TA and Petro Stopping Centers travel center brands, and the Minit Mart convenience store brand announced that it has acquired a total of 26 gasoline/convenience store locations located primarily in Minnesota (18) and Kentucky (six) in

Cordele GA

VP Racing Fuels Branding Program Gets Rave Reviews

Retailers weigh in with their experiences. These days, the true identity of the “Mad Scientist” at VP Racing Fuels Inc., could be debated. While the persona had its origins in VP founder Steve Burns’ passion and talent for formulating performance fuels to maximize horsepower, the moniker could just as easily apply today to VP’s president,

GasPumpsLR

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

caseys 150

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

savealot

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

HersheyLogoFinal_2014_HIRES

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&Gosquare

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

American Marketing Association - Houston Chapter

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

customer

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

dollargeneral

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

Kelloggs

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

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

Moneystacks

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)

GasPumpsLR

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

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

gasnozzle

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

GasPumpsLR

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

cigarettes

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.

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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

parkers

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,

DUCHESS

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

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