seveni holdings pour 24 billion into us stores

Japan-based parent of 7-Eleven preparing to increase its presence in the market. 7-Eleven’s parent company, the Japan-based retailer Seven & I Holdings revealed that it will invest $2.4 billion over the next four years to open 1,000 new stores in the U.S. while revamping existing outlets. The Japanese retailer has been only limitedly vested in

shell zone pricing suit dismissed

Six local dealers plan to appeal against ruling. A federal judge dismissed claims by six gas station owners who alleged that Shell Oil Co. charged them more for gasoline in order to drive customers to nearby company-owned locations. The month-long lawsuit was thrown out of a U.S. District Court in Santa Ana on Tuesday before

exxonmobil and conocophillips wave goodbye to venezuela

Tension between nation and oil companies on the rise, experts say. ExxonMobil Corp. and ConocoPhillips are packing up and leaving Venezuela, according to The Wall Street Journal. The paper reported the two oil companies are leaving behind their multibillion-dollar investments in Venezuela. Experts see this as further evidence that the relationship between Western oil companies

pearson fuels expands califs e85 market

New ARB grant helps company develop “greener” gas stations. Pearson Fuels has become a major recipient of grant funding from the California Air Resources Board (ARB). Under the grant, ARB has agreed to work closely with Pearson Fuels and financially support the company’s building of Ethanol (E-85) infrastructure throughout the state of California, according to

del cigarette tax worries retailers

Proposed 60-cent increase could threaten out-of-state business. Retailers in Delaware are preparing for a debate over a proposed 60-cents-a-pack increase in the cigarette tax–a tax lawmakers expect to be approved this week, stating it’s for the greater good of the state. “We have committed that it will go to help school construction and to help

maverik gives customer a free ride

Brand new Subaru awarded after four-week contest co-sponsored by Pepsi. Salt Lake City-based Maverik stores and Pepsi have proved that there is such a thing as a free ride, awarding a lucky drinker with a new Subaru. For four weeks in April, customers from over 150 participating Maverik stores across four states had the opportunity

cumberland farms break ground and donates money

Local police and fire department children’s education program benefits from charity. To mark the grand opening of its newest store, and in support of the young people of Epsom, N.H., Cumberland Farms presented a $1,000 donation Monday to support the Police and Fire Department’s children education program. The Dover Road address of the new Cumberland

texas oil companies prepare for emergencies

New protocol sets up state to handle possible fuel shortages. Texas oil company executives and state leaders are constructing measures to improve gasoline delivery during hurricanes, hopefully reducing the amount of stranded motorists often seen during such disasters, such as in 2005 when Hurrican Rita left roads filled with3.6 million fleeing residents. Because of those

milk prices jump

Are retailers ready to deal with consumer complaints once prices reach $5 per gallon? Think we’re talking about gasoline? Think again. Skyrocketing milk prices in New York will climb another 53 cents a gallon next month, and milk in the city could cost up to $4.40 a gallon. And it could get worse by year’s

gas prices fall eleven cents

Drop expected to taper off sooner than later. Gasoline prices fell an average of about 11 cents per gallon in the U.S. over the past two weeks, according to data published by the Lundberg survey. The survey revealed that the average price of self-serve regular unleaded gas stood at $2.9961 per gallon on June 22–a

common mistakes in battery pack development and how to avoid them

A few oversights can turn your battery project a nightmare. This whitepaper examines commonly made mistakes to keep in mind to ensure your project goes as smoothly as possible. Common Mistakes in Battery Pack Development (And How to Avoid Them) (pdf)To view this document, click here

senate passes new energy bill

CAFÉ and ethanol become hot topics in Washington. A new bill passed has called for a 40% increase in the Corporate Average Fuel Economy (CAF⊃) for automobiles. The increase is intended to force manufacturers to produce more fuel-efficient automobiles. The new bill calls for the CAF⊃ to be raised to 35 miles per gallon (mph)

indiana operator unleashes bold expansion plan

Jerry Tipps has already found success in his sole Jerry’s Junction store in Muncie, Ind. He’s had so much success, that he plans on increasing it tenfold by starting up 10 more stores by the end of the year. “It’s an aggressive number,” Tipps told the Star Press. “I’m hoping to have a minimum of

tenn law attacks underage sales

State is first to pass legislation to card all customers, no exceptions. Tennessee is set to become the first state in the nation to require carding of anyone, without exception, who buys beer for off-premises consumption starting July 1, thanks to the new Tennessee Responsible Vendor Act, according to the Associated Press. Designed to curb

7eleven emphasizes innovativeproduct needs

Chain investing $1 billion to make stores “more presentable from the fresh foods perspective.” by David Orgel, Editor-in-Chief, Supermarket News 7-Eleven is urging suppliers to help boost the convenience store company’s innovative products pipeline, said Joseph DePinto, president and chief executive of the Dallas-based chain. In a speech last week, DePinto said the retailer, which

sheetz launches debit rewards program

  Sheetz Inc., operator of more than 330 convenience stores in six states, has partnered with Capital One to test an innovative new program that provides debit card customers with rewards similar to those available to credit customers.   The new Sheetz Debitz card links to a customer’s current checking account, regardless of the bank

tesco to test san diego

Seven stores are scheduled to be ready by the holidays. Tesco as revealed plans to open seven Fresh & Easy Neighborhood Markets in San Diego County by year end. The U.K.-based chain is scheduled to have stores in Fallbrook, Vista, Escondido, Casa de Oro and Chula Vista by the holiday season, according to the San

bp gives 75 to stanford university

New grant follows chain of other donations delivered by energy companies. BP Foundation gave a grant of $7.5 million to Stanford University’s Program on Energy and Sustainable Development, the Foundation for Taxpayer and Consumer Rights (FTCR) said today. The Foundation for Taxpayer and Consumer Rights (FTCR) is a non-profit, non-partisan consumer watchdog group. The gift

wilson farms forges agreement with nielsen

Chain brings in scanner-based sales tracking technology to all 199 stores. Wilson Farms has signed an agreement with The Nielsen Co. to facilitate the collection and reporting of their scan information. Wilson Farms is a locally owned New York-based convenience store chain that operates 199 stores across the state. Under the agreement between the two

handee marts extends contract with mclane

New agreement stretches relationship until 2012. Handee Marts Inc. has agreed to a contract extension with McLane Co. who will continue to be the primary wholesale-distributor through at least 2012. Headquartered in Gibsonia, Pa., Handee Marts holds exclusive rights to operate 7-Eleven stores in 20 counties in Western Pennsylvania, 14 counties in Northeastern Ohio, one

fas mart picks up 58 stores

Parent company acquires new units in Virginia and Tennessee. Mechanicsville, Va.-based GPM Investments, parent company of Fas Mart and Shore Stop stores, has signed an agreement ot pick up 58 stores in the Virginia and Tennessee markets. The seller, according to The Daily Times of Salisbury, Md., is currently operating all 58 of the units,

chs selects dtn

Company uses Guardian3 system for its automated fuel management systems. CHS Inc., an energy and grain-based foods company, selected DTN and its Guardian3 (G3) terminal automation system to manage fuel supply at its terminals supplying Cenex brand energy products. CHS will use DTN G3 to customize reporting from its terminals for better insight into product

food for thought

Product sampling and a thorough understanding of customers helps form an effective foodservice marketing plan. I remember my first managerial job in foodservice retail. The year was1987 and I was a manager trainee forLittle Caesars Pizza. I had just completed an eight-week apprenticeship andwas named company store manager inNorthbrook, Ill. Northbrook is a well-to-dosuburb of

ecofriendly cups

QwikStock.com added a new line of compostable paper hot cups to its assortment of online disposable packaging. Ecotainer cups provide a more environmentally sensitive alternative to traditional disposables. Sourced from fully renewable resources, these cups use a corn-based plastic as a moisture barrier rather than a petrochemical, yet provide all the same functionality as a

let the good times roll

Roller grills are turning out large profits with the help of visual promotions and dedicated suppliers. When a customer walks into their neighborhood convenience store, there are a few stapleitems they instantly look for—the soda fountain, the beverage coolers and the roller grill. The roller grill has proven to be one of those steadfast programs

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