Hess Corp. has agreed to acquire an additional 20% interest in the Tubular Bells oil and gas field in the Gulf of Mexico from BP for $40 million and will become the operator. The increased ownership will bring Hess’ working interest in Tubular Bells to 40%. Chevron holds a 30% interest and BP will retain
BP plans to create a new safety division in the aftermath of this summer’s oil spill disaster in the Gulf of Mexico, CNN reported this week. The “powerful new unit” will have the authority to intervene in all aspects of BP’s technical activities, according to the company. The safety division is one of the new
Walgreens is highlighting the successes of Hispanic-owned businesses during Hispanic Heritage Month in October as part of its Community Corner program, a supplier diversity initiative designed to allow consumers to easily identify and purchase products produced by diverse companies. Walgreens is recognizing the Latino vendor partners through print advertisements, in-store announcements, in-store product demonstrations and
BP’s ampm brand is adding some spice to ampm convenience store shelves with the introduction of a new line of proprietary Hispanic snacks. The snacks, which hit the shelves in several ampm markets earlier this year, debuted under the store’s El Mero brand. “Hispanic consumers are looking for products with authentic flavors,” said Bill Fry,
Alimentation Couche-Tard Inc. has allowed its tender offer to acquire all of the outstanding shares of Casey’s General Stores Inc. for $38.50 per share in cash to expire at 5:00 p.m., New York City time, on Sept. 30, 2010. At the expiration of the offer, certain conditions to the offer had not been satisfied and
With everything there is to love about SNICKERS® —peanuts, caramel, nougat and milk chocolate—consumers will be nuts with the addition of peanut butter in new SNICKERS® Brand Peanut Butter Squared. Available in December 2010, each singles pack will have two delicious square-shaped bars in an optimal size to please consumers. Booth #2561 Marswww.mars.com
Many retailers are breathing a sigh of relief in regard to PCI, after this summer’s deadline for software compliance was relaxed after a request by the major oil companies, giving scrambling retailers a little more time to comply. But retailers be warned: chains that face a breach could still get hit with huge fines. “Some
JT International U.S.A. (JTI) has introduced its newest brand: WINGS. A high-quality, American blend cigarette with a smooth flavor, WINGS is designed for today’s value-seeking adult smokers with its bold, premium packaging and attractive price. WINGS is available in six top-selling box styles, including Red, Gold and Menthol in King Size and 100’s. WINGS is
Wing Dings® and fiery Wing Zings® Boneless wings mean grab-n-go convenience for your customers, as well as easy prep and high-margins for you. Spice up your foodservice sales with craveable boneless wings from Pierce Chicken. Our best selling Wing Dings® and fiery Wing Zings® products are fully cooked and ready for the oven or fryer.
Lighters can be an afterthought. There are relatively few manufacturers, everyone merchandises them near the front counter, liability issues have cut down on cheap products and differentiation is only skin deep. But even given the limited number of companies supplying products, lighters produce an excellent margin—between 40% and 60%—and sales have been steady for the
Land Mark New Product profile – Omelete Wrap Day’ N Night Bites Omelete Wrap is a delicious solution to the problem of enjoying breakfast on the go – mess. Instead of using crumbly scrambled eggs, the traditional egg-based breakfast wrap is more contained and far less likely to fall out of the tortilla. Day N’
Inc. magazine has revealed its fourth annual Inc. 5000 list, an exclusive ranking of the nation’s fastest-growing private companies. “The leaders of the companies on this year’s Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression,” said Inc. President Bob LaPointe. “The 2010 Inc. 5000 showcases
PDI provides software, hardware, and professional services to multi-unit convenience retailers and wholesale petroleum marketers. Worldwide, approximately 350 companies operating more than 23,000 locations rely on PDI’s systems for retail automation, supply-chain management, business intelligence, financial reporting, and employee selection and training. PDI’s flagship product, PDI/Enterprise, reflects the best practices of over 250 PDI customers.
Michelob “Gold Medal” Sampler Pack This fall, Michelob Brewing Co. will debut a new “gold medal” sampler pack comprised exclusively of Michelob beers that have received top honors at the Great American Beer Festival (GABF) or the North American Beer Awards (NABA). Available nationwide through February, the sampler pack includes Michelob Original Lager (2001, 2003
The recession of the past couple of years has not swayed consumers from their salty snack habits. In almost every type of data, salty snacks continue to thrive. According to NACS’ 2010 State of the Industry report, convenience store salty snack sales climbed 3.4%, while margin dollars climbed 4.8%. Since 2007, sales of salty snacks
Scripto® introduces the new electronic Mega Lighter® to it’s everyday line of popular disposable pocket lighters. The new Mega Lighter® features a wide tank, adjustable flame, clean electronic ignition and visible fuel supply. Available in an assortment of colors: white, burgundy, black and blue. Booth #6940 Calicowww.calicobrands.com
Gulfcoast produces uniquely designed and highly sophisticated tools to integrate POS and facility management devices with the latest video surveillance technologies. Booth #1517 Gulfcoast Software Solutionswww.cstorecameras.com
“While at NACS, be sure to visit Kretek International, booth #3726 for great deals on the all new ExtenZe Plus Male Enhancement 5-pack product, Djarum Filtered Clove Cigars, DjEEP lighters and CIG-2.0 Water Vapor E-Cigarettes. Booth #3726 Kretekwww.Kretek.com
The weak economy has not taken much of a bite out of meat snack sales. Americans are loathe to sacrifice edible indulgences, even in times of financial crisis. All three NACS snacks categories—salty, packaged sweet and alternative—showed increases in average sales per store from 2008 to 2009, and showed gross-margin percentage and average gross-margin-dollar-per-store gains.
To assist its independent merchants become and stay PCI (Payment Card Industry) DSS (Data Security Standards) compliant, Petroleum Card Services (PCS) specializes in understanding how the security standards affect independent petroleum merchants and makes it easier for clients to adhere to the standards. As a reseller of credit card processing for independent c-store merchants, PCS
Mission Foodservice® is excited to introduce their new authentic tortilla nacho chips that are packed in branded, 3 oz. portion bags assuring the chips stay crisp and fresh. Available packaging options includeMission-branded paper boat or clear, plastic clamshell. Mission’s nacho tortilla chips are perfect for most on-site environments. Booth #7741 Mission Foodswww.missionfoodservice.com/Ideas/NachoProgram.aspx
Milk’s Bumpy Ride In Mintel International’s new “Milk in the U.S.” report, senior analyst David Browne predicted a “bumpy ride” for the $11-billion milk market. Few categories, he noted, are as volatile as milk, which is reflected in the wild dollar sales swing during 2004-09. “Volatility may return to the market in late
Marfood USA is proud to announce the revived and refocused Pemmican Brand. New packaging. New product. New promotions. And most importantly, a new passion for returning to the traditions that built the Beef Jerky category. You know what we’ve done so far in 2010, now join us at NACS booth #4127 to see where