Coinstar Appoints Chief People Officer

Coinstar Inc. has hired Raquel Karls, a human resources and organization development leader, to fill the position of chief people officer. Karls starts her new role this week reporting to president and chief operating officer Gregg Kaplan. “We are delighted to have found an individual of Raquel’s caliber and experience to lead this very important

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Snoop Dogg Cup To Benefit SYFL

Snoop fans who want to support the Snoop Youth Football League (SYFL) can head into any participating 7-Eleven store across the U.S. to purchase his signature cup, on sale from Sept. 1 through Oct. 18 or while supplies last. 7-Eleven guarantees a $250,000 minimum donation to SYFL, but the support could increase depending on the

Casey’s Mystery Bidder Revealed

7-Eleven is  the previously unnamed third party bidder that has offered to buy Casey’s General Stores for $2.03 billion or $40 per share, the Wall Street Journal reported. 7-Eleven’s $40-a-share offer surpasses Alimentation Couche-Tard’s bid of $38.50 a share. Casey’s has rejected Couche-Tard’s advances since it placed its first hostile bid for the company back

Gasoline’s Seasonal Decline After Labor Day

Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline prices were mixed for the week ending on Labor Day, as the transition from summer grade gasoline blends to the less expensive to produce winter gasoline formulas prompt different trading activity. Gasoline prices moved lower along the West Coast amid ample supply, while short covering

Third Party Bids For Casey’s

Couche-Tard has some competition in its quest to acquire Casey’s General Stores Inc. Casey’s announced that it has received a preliminary proposal from a strategic third party regarding a consensual transaction at $40 per share in cash. Casey’s General Stores Inc.’s Board of Directors today, Sept. 7,  unanimously recommended against Alimentation Couche-Tard Inc.’s revised tender

FDA Releases Tobacco Guidelines

The Food and Drug Administration (FDA) has issued draft guidance for tobacco retailers on civil money penalties and no-tobacco-sale orders for violations of the Family Smoking Prevention and Tobacco Control Act. The guidance gives retailers insight into the FDA’s current thinking, and how it plans to address violations. NACS outlined the five main issues the

Quest Oil Acquires B&B Oil

Kerrville, Texas-based Quest Oil Inc., an independent oil and gas exploration company, successfully acquired all of the outstanding shares of B&B Oil, a private, independent oil and gas exploration and development company based in Fredericksberg, Texas, on Aug. 6. Quest Oil now holds a 100% equity interest in and title to B&B Oil’s assets. In

Rutter’s Announces Sixth Gas Winner

Delane Smith of Wrightsville, York County, Pa., regularly stops for coffee at Rutter’s on his way to his housekeeping job at York Hospital. And just as regularly, he enjoys a witty give-and-take with employees at the Rutter’s at Route 30 and Sherman Street. “What can I do to get you to smile when you come

FDA Releases Tobacco Guidelines

The Food and Drug Administration (FDA) has issued draft guidance for tobacco retailers on civil money penalties and no-tobacco-sale orders for violations of the Family Smoking Prevention and Tobacco Control Act. The guidance gives retailers insight into the FDA’s current thinking, and how it plans to address violations. NACS outlined the five main issues the

Quest Oil Acquires B&B Oil

Kerrville, Texas-based Quest Oil Inc., an independent oil and gas exploration company, successfully acquired all of the outstanding shares of B&B Oil, a private, independent oil and gas exploration and development company based in Fredericksberg, Texas, on Aug. 6. Quest Oil now holds a 100% equity interest in and title to B&B Oil’s assets. In

Rutter’s Announces Sixth Gas Winner

Delane Smith of Wrightsville, York County, Pa., regularly stops for coffee at Rutter’s on his way to his housekeeping job at York Hospital. And just as regularly, he enjoys a witty give-and-take with employees at the Rutter’s at Route 30 and Sherman Street. “What can I do to get you to smile when you come

Couche-Tard Responds

Alimentation Couche-Tard Inc. today responded to the announcement by Casey’s General Stores Inc. that it had authorized discussions with a third party regarding a preliminary non-binding proposal to acquire Casey’s: “We are pleased that Casey’s is now in ‘revlon’ mode given that the Casey’s Board of Directors has finally made the decision to put the

Sheetz Opens Rocky Mount, N.C., Location

Altoona, Pa.-based Sheetz is making it even more convenient for its customers in Rocky Mount, N.C., as it opens a second new store at 3715 North Wesleyan Boulevard. “North Carolina is still emerging for us and people there are getting excited about visiting our stores,” said Stan Sheetz, president and CEO, Sheetz Inc. “We have

The Pantry Names Mark Bierley as CFO

Cary, N.C.-based The Pantry Inc. an independently operated convenience store chain in the southeastern U.S., has appointed Mark Bierley as the company’s senior vice president and chief financial officer, effective Sept. 27, 2010. Bierley replaces Frank Paci, who has informed the board of directors that he plans to resign, effective Sept. 26, 2010, to pursue

Henderson Joins Sunoco

Sunoco Inc. has announced that Frederick “Fritz” Henderson has joined the company as a senior vice president to help prepare for the previously announced separation of SunCoke Energy from Sunoco. Henderson, 52, former president and CEO of General Motors, now is set to be chairman and CEO of SunCoke Energy upon completion of the separation.

Sheetz Opens New Virginia Location

Altoona, Pa.-based Sheetz continues to grow around the Lynchburg area of Virginia with a new location in Forest. The store officially opened to the public on Monday, and employees celebrated the opening at 14449 Forest Road with a reception and ribbon cutting at 3:30p.m. on Thursday, Sept. 2. “Virginia has been a great place for

Oil Rig Blast Reported In The Gulf

An offshore petroleum platform in the Gulf of Mexico exploded today, Sept. 2,  and was reported as burning by a commercial helicopter flying overhead, the Associated Press reported. The rig sits about 80 miles off the Louisiana coast, west of the site where BP’s Deepwater Horizon rig exploded in April killing 11 workers and leaking

The Pantry Purchases 47 Presto C-stores

Cary, N.C.-based The Pantry Inc., operator of Kangaroo Express, is purchasing 47 Presto Convenience Stores throughout Kansas and Missouri, including five in the Kansas City metro area. The locations-all but three of which are in Kansas-reported a revenue of about $194 million during the year that ended last May. The deal is expected to close

CITGO Celebrates 100-Year Heritage

CITGO Petroleum Corp. is celebrating its 100-year heritage today, Sept. 2. The brand dates back to the Cities Service Co. and continues today as a U.S. petroleum refining and marketing company. With the backing of its shareholder, Petroleos de Venezuela, S.A., the national oil company of the Bolivarian Republic of Venezuela, CITGO is the third largest independent refiner,

Kangaroo Express Launches “Freeze The Swamp” Campaign

The Pantry Inc. an independently operated convenience store chain in the southeastern U.S., is rallying behind University of Florida football fans to “Freeze The Swamp.” The campaign introduces ICEE products to 92 Gainesville and Ocala area Kangaroo Express locations. Kangaroo Express is collaborating with The ICEE Co. to co-promote the frozen beverages in concert with

Nielsen Polls Customer Gas Buying Habits

As U.S. consumers prepare to hit the road for Labor Day weekend, The Nielsen Co. finds that nearly half (45%) of U.S. households are diligently seeking lower gas prices. The economy has consumers looking for cost savings across the board, even as they revert to some pre-recession habits. “Although gas prices are not as high

Thorntons Debuts Remodeled Store

Thorntons has announced the grand re-opening of its existing store location at 4154 Bardstown Road in Louisville, Ky., on Aug. 31. With the addition of this location, Thorntons  operates 161 stores throughout Indiana, Kentucky, Illinois, Tennessee and Ohio. Customers can look forward to a clean and friendly environment with high quality foods, such as fresh

Couche-Tard Raises Bid

Alimentation Couche-Tard Inc. has increased its tender offer for Casey’s General Stores to $38.50 per share in cash, as Casey’s responds by advising its shareholders not to take any action as it reviews the revised bid. The revised offer of $38.50 is $0.50 per share higher than the price at which a majority of outstanding

Roadrunner Markets Ups Social Media Strategy

Roadrunner Markets of Johnson City, Tenn., has hired Creative Energy to create and manage the social media strategy for the chain’s 92 convenience store locations in Tennessee, North Carolina, South Carolina and Virginia. “Social media is an effective way to reach out to your customers and have a relationship with them,” said Creative Energy’s social

Valero Adds Touch-Screen POS System

Valero Energy Corp. has approved the Nucleus point-of-sale (POS) system by Dresser Wayne, an innovator of fuel dispensers and technologies, for implementation at Valero-branded fuel sites across the U.S. The popular touch-screen POS system has demonstrated its compatibility with the Valero payment network and seamless integration with Valero operations. To celebrate the announcement, both Dresser

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