The Beverage Market Faces Declines

Beverage manufacturers may need to resort to stronger pricing in order to offset volume sales declines. As consumers shift toward healthier lifestyles, the beverage market, especially the carbonated soft drinks sect, is struggling to regain favor among consumers. New data has revealed that the beverage market did not fare well in the recent four week

Emotion and Logic

By Bill Scott, President, StoreReport LLC Recently, I posted a link to an article regarding the effects Amazon has had on retailers. Many of you will suggests that Amazon has had little effect on the convenience store industry. On its surface I would agree… kind of. But I would also append that remark with the

Imagination Can Be A Dangerous Toy

By Bill Scott, President, StoreReport LLC As I write this first sentence, I am not even sure I will publish it. My computer is a vast landscape, consisting of words in the form of sentences, paragraphs, articles and partially written books that even I have forgotten. The truth is, my trusty computer made its way

CITGO Combats Muscular Dystrophy

2016 marks the 30th year of the partnership between CITGO Petroleum Corporation and the Muscular Dystrophy Association (MDA). Over the past 30 years, the partnership has raised nearly $200 million for the nonprofit health organization. In January 1986, CITGO partnered with MDA, and the company is now the organization’s largest corporate sponsor. CITGO and its

Mutual Oil Sells Unbranded Fuels Business

Selling its unbranded fuels business to TAC Energy will expand fuel supply, logistics capabilities and support services that Mutual can provide. Truman Arnold Cos. (TAC Energy) has completed the acquisition of the high volume unbranded fuels business from Mutual Oil Co. Inc. The transaction was advised by Matrix Capital Markets Group Inc. Dallas-based TAC Energy

White House Thwarts FDA’s Attempts to Restrict Flavored Tobacco Froducts

Language that would have significantly limited the availability of flavored tobacco products in the near future has been removed from the FDA’s final rule. Attempts made by the FDA to remove flavored tobacco products from the market has been thwarted by a White House office that has removed language from the FDA’s recently introduced tobacco

NCA Celebrates National Candy Month

American’s don’t need to look far for a reason to indulge in their favorite candy this month, because June is National Candy Month. The National Confectioners Association (NCA) has plans to help Americans celebrate National Candy Month this June. The NCA will be highlighting sweet innovation in chocolate, candy, gum and mints all month long.

Iced Tea is Trending

Many consumers will celebrate National Iced Tea Month, as the majority of tea drinkers prefer iced tea over hot tea. A recent survey of Americans from the Tea Council of the USA has revealed that iced tea is preferred over hot tea among tea drinkers (84% versus 75%). As June is National Iced Tea Month,

Snacking Satisfies

Consumers are turning away from traditional meals in favor of snacking to provide nutrition and to satisfy hunger. As snacking continues to grow to be a part of the American lifestyle, the notion of eating three meals a day is fading into the background. According to the new Top Trends in Snacks, Confectionery, and Desserts;

Cleveland Proposes $15 Minimum Wage

The proposed $15 minimum wage could be devastating for small business owners. Lawmakers in Cleveland recently proposed raising the city’s minimum wage to $15 an hour. According to a report from, if this minimum wage increase is approved, Cleveland will then be tied with Seattle for the highest minimum wage in the U.S. However,

Nutritional Beverages Replace Meals for On-the-Go Consumers

A growing number of consumers are turning to nutritional and performance drinks to attain proper nutrients in their busy lives. As consumers continue to grow more health conscious, and their busy lives continue to make it difficult to attain proper nutrition through the traditional three meals a day, many consumers are looking to alternative meal

Global Partners to Sell and Leaseback 33 C-Stores

A new sale and leaseback agreement will grant debt reduction and financial flexibility to Global Partners. Global Partners recently announced an agreement for the sale and leaseback of 33 gas stations and convenience stores to a premier institutional real estate investor. The stores will be sold for approximately $67 million, and the sale is expected

Casey’s June Pizza Special

Casey’s General Stores has kicked its Slice of Summer Savings up a notch for the month of June. This June, customers can visit their local Casey’s store and purchase a Large Supreme Pizza for only $13.99! Additionally, for customers with a smaller appetite, the chain is also offering a Medium Supreme Pizza for $12.99. This

Parker’s Hires New Fuel Administrator

Parker’s has hired a business economics expert as the company’s newest fuel administrator. Portia Keene has been hired as Parker’s newest fuel administrator. Keene is now responsible for completing fuel contracts as well as maintaining a record of sales and fuel delivery diversions in all states where Parker’s conducts business. A business economics expert, Keene

QuickChek Redefines “Fresh Convenience”

QuickChek customers can now use their smart phones to order, customize and select a convenient pick-up time for menu items. QuickChek customers can now order from among the brand’s freshly prepared menu items in advance, using their smart phones, making it easier than ever for customers to get their hands on their favorite QuickChek menu

Tobacco Dollar Sales Remain Strong

Tobacco dollar sales remain strong, while actual volume sales are declining. The tobacco industry remains in a difficult position as smoking rates among Americans continues to fluctuate. In order to combat declines in volume sales, most tobacco distributors are relying on strong pricing to maintain strong dollar sales in the category. Cigarette Dollar Sales Driven

Will Pump Prices Remain Low for the Summer Driving Season?

Fuel prices are expected to remain relatively low this summer, but there are a few factors that may cause them to shift higher in the coming months. The summer driving season has officially begun, and drivers are currently paying the lowest gas prices for this date in 11 years. According to a report from AAA,

Dunne Manning Acquires District Petroleum

Matrix has announced the successful sale of District Petroleum and related entities to Dunne Manning.  Dunne Manning Inc. has officially closed on its acquisition of District Petroleum Products Inc. and its related entities. The transaction was advised by Matrix Capital Markets Group Inc. District Petroleum, headquartered in Huron, Ohio, owns and operates 22 Hy-Miler convenience

Rutter’s Voted Best of York, Pa.

Rutter’s has been voted the best convenience store in York, Pa. Rutter’s Farm Stores was recently nominated in five different categories, and readers of The York Daily Record and The York Sunday News have voted the chain as first in three categories and third in the other two categories for which it was nominated. Rutter’s

U.S. Cities Seek to Tax Sugary Beverages

Beverage Industry analysts fear that a tax increase on sugar-sweetened beverages will discourage consumers from purchasing and consuming soft-drinks and other sugary beverages. As a number of cities across the U.S. begin to wage war against soft drinks, industry analysts fear that the new attention being placed on these sugar-sweetened beverages may threaten their sales.

Lovely Candy Enters Chocolate Industry

Lovely Candy will now be the sole manufacturer and distributor of Honey Acres confections in the U.S. The Lovely Candy Co. LLC has announced that it is entering into the chocolate industry through its recent acquisition of the exclusive rights to Honey Acres’ innovative honey based chocolates. “I’m delighted to build on Honey Acres 154

QuikTrip Extends Fuel Management Contract

QuikTrip Extends 23-Year Relationship with WEX. QuikTrip has announced that it will continue its long-standing fuel management program with WEX Inc. WEX is a leading provider of corporate payment solutions, and QuikTrip, a prominent convenience store and gasoline marketer, has agreed to continue to market their co-branded and proprietary commercial card programs. “We are honored

Craft Claims Gain Favor in Alcoholic Beverage Market

More than half of American alcohol consumers believe that craft alcohol brands are of better quality than big brands. New research from Mintel has revealed that craft alcoholic beverages are rapidly gaining global popularity. Not only have craft beer brands become highly sought after, but craft spirits are also on the rise. Indeed, new research

BURGER KING Introduces WHOPPER Meal Deal

BURGER KING is heating up the competition this summer, as two can now eat a full meal for only $10. BURGER KING has officially launched its new meal deal, the 2 for $10 WHOPPER Meal deal. The offer will be available at participating BURGER KING restaurants for a limited time. The WHOPPER sandwich is made

Starbucks Takes the Reigns of the Cold Coffee Market

Starbucks is heating up the competition in the cold coffee market, just in time for summer. Starbucks Corp. has laid the foundation for a new “cold bar” of coffee and espresso products, with the introduction of a new line-up of cold beverages. Affirming the company’s investment in the cold coffee category, this new menu focuses