NJOY Finishes Financial Restructuring

Following the restructuring, NJOY is majority-owned by Mudrick Capital Management, a multi-billion dollar investment firm, specializing in corporate turnarounds. NJOY LLC announced the acquisition of the assets of NJOY Inc. in connection with NJOY Inc.’s financial restructuring. In conjunction with this acquisition, NJOY completed a $35 million equity capital raise, and is now a well-capitalized

S. Abraham & Sons Celebrates 90 Years in Grand Fashion

More than 1,250 retailers and suppliers were on hand last week to honor S. Abraham & Sons (SAS) as the wholesaler celebrated its 90th anniversary at its annual trade show in Grand Rapids, Mich. “Once in a lifetime you get to celebrate 90 years.” said Alan Abraham, president of S. Abraham & Sons, which distributes to

Gulf Pay to Integrate with Masterpass

Masterpass to be added as a payment option in the new Gulf mobile application. Gulf Oil’s new mobile payment application, Gulf Pay plans to integrate with Mastercard’s Masterpass. Gulf Pay, powered by P97’s PetroZone mobile commerce platform, will enable Gulf customers to find the nearest Gulf gas station and utilize mobile payment technology to complete

Fostering a Pro-Business Climate

By Mark Radosevich A new day has dawned in the downstream oil business after this past November’s surprising election results. Just four short months ago at the Petroleum Marketers Association of America (PMAA) fall meeting in Atlanta, the list of probable legislative issues that our industry would be tackling seemed almost insurmountable, given the prospect

‘Experience Economy’ to be Showcased at IDDBA 17

Show and Sell to offer an interactive marketplace of merchandising ideas and retailing concepts. The International Dairy Deli Bakery Association’s (IDDBA) Show and Sell at IDDBA 17, set for Anaheim, Calif. on June 4-6, will reflect fundamental principles of the “Experience Economy,” exposing attendees to interactive and innovative merchandising concepts designed to energize their stores

Circle K Customer Wins KickBack Points Grand Prize

A Grants Pass, Ore. resident, takes home $55,000 as KickBack Points Points’ 2016 Grand Prize winner. Locally-owned My Circle K, powered by Colvin Oil, announced that the winner of the 2016 Kickback Grand Prize is a Grants Pass, Ore. resident. The winner of the grand prize, Verna Dietert, has been a KickBack Points cardholder for

GPM Raises $190,000 During MDA Fundraising Campaign

In the last three years alone, GPM has raised over half a million dollars to support the Muscular Dystrophy Association. GPM Investments LLC announced that its 2016 MDA Holiday Fundraising Program raised over $190,000 to help liberate children and adults from the harm of muscular dystrophy, ALS and related muscle-debilitating diseases. For the entire month

QuickChek Named A Best Place to Work in New York and New Jersey

The 2016 award recipient of CSD’s Convenience Store Chain of the Year earns rare distinction. QuickChek Corp. has once again been named one of the “Best Places to Work in New Jersey” and one of the “Best Companies to Work for in New York State.” The family-owned fresh convenience market chain based in Whitehouse Station,

Quenching Thirsts and Sales

Spring is almost here, which means summer isn’t too far behind. It’s time to get your beverage business in order. By Jim Callahan The warning, “Beware the Ides of March” probably resonates more with readers of Shakespeare’s play “Julius Caesar” than it does with c-store operators. Still, March is an important month to mark on

Wawa To Present Environmental Community Service Award

$10,000 in Honorariums set to be awarded in 2017 to two schools for outstanding programs. The Environmental Community Service Award, presented by Wawa, 6abc, and the environmental law firm Manko, Gold, Katcher & Fox LLP (MGKF), is celebrating more than a decade of supporting environmental programs that improve the local community. The goal of the

Kum & Go To Open New Store in Ozark

Brand new store features Marketplace store prototype, fresh food and a variety of fuel options. Kum & Go opened the doors Thursday, Feb. 16, at 6 a.m. to its newest store in Ozark, Mo., at 901 West Jackson Street. The 6,200+-square-foot store is the first store in Ozark and was built with the new Marketplace

Economic Analysis Exposes Problems with Moving RFS Point of Obligation

Growth Energy says impact of changing point of obligation would be “disastrous” for the industry. Growth Energy has released an expert economic analysis that identifies numerous problems associated with changing the Renewable Fuel Standard (RFS) point of obligation. Growth Energy strongly supports EPA’s proposed denial to move the point of obligation. “Changing the point of

Stripes Stores Offers Selena Commemorative Cups

Cups to be sold for $2.99. Stripes Convenience Stores and Fiesta de la Flor presented by CITGO released two Selena commemorative cups that will be sold at participating Stripes Stores. Selena fans won’t want to miss the opportunity to add these two commemorative cups to their Selena collection. Stripes, the La Plaza Food Truck Court

Enmarket Helps Fight Childhood Obesity

Raises $15,000 for Partnership for a Healthier America during in-store campaign. Through a month-long customer donation campaign, enmarket, a convenience store chain operating in more than 60 locations in the U.S., raised $15,000 to support the Partnership for a Healthier America’s mission to ensure all kids grow up at a healthy weight. Throughout the month

Dollar General Opening 16th Distribution Center

The facility is expected to supply products to approximately 800 Dollar General stores throughout New York and the northeastern states that Dollar General serves. Dollar General is set to build its 16th distribution center, which will be located in Amsterdam, N.Y., in Montgomery County. At full capacity, the project is expected to create 430 new

Fuel Retailers, End Users Oppose Fuel Program Changes

Urge EPA to maintain current RFS compliance requirements. As the Environmental Protection Agency (EPA) public comment period on the Renewable Fuel Standard (RFS) closes, NATSO is encouraged by the vast support to keep the current compliance structure under the RFS. NATSO, the trade association of America’s travel plaza and truckstop industry, in collaboration with other

Yesway Partners with Paytronix To Launch Rewards Program

Yesway chooses Paytronix for its robust reporting and analytics capabilities. Convenience store chain Yesway has selected Paytronix Systems Inc., a provider of reward program solutions to restaurants and retailers, as its customer loyalty program provider. Yesway will be partnering with Paytronix to design, develop and launch the Yesway Rewards Program, an innovative and proprietary loyalty

Fruit-Based Snacks, Beverages Set to Grow

Packaged fruit snacks market expands as customers reach for healthier snacks. The global packaged fruit snacks market is expected to grow at a CAGR of more than 12% from 2017-2021, according to the latest market study released by Technavio. This research report titled ‘Global Packaged Fruit Snack Market 2017-2021’ provides an in-depth analysis of the

Gas Prices Steady Heading into March

Following OPEC agreement, participating countries implemented 90% of agreed upon production cuts. The national gas average stayed steady over the past week, growing by only “fractions of a penny,” AAA reported, to reach $2.28 per gallon for regular unleaded gas on Feb. 21. The price is five cents less than last month and 56 cents

Wawa Foundation Donates $100,000 to Winnie Palmer Hospital

Grant for Neonatal Intensive Care Unit will fund a new transport incubator. The Wawa Foundation has awarded Winnie Palmer Hospital for Women & Babies a $100,000 grant for its Neonatal Intensive Care Unit (NICU). Supporting The Wawa Foundation’s health-focused giving initiative, the grant funds will purchase a new incubator used to transport high-risk and critically-ill

Health Consciousness Drives Protein Alternative Consumption

As more consumers adopt healthier lifestyles, interest in meat substitutes is growing. While not fully committing to a meat-free lifestyle, ‘Meatless Mondays’ seem to be catching on among Americans as a way to cut back with new research from Mintel revealing that the top reason U.S. consumers use meat alternatives is because they occasionally like

Refrigerated Coffee Creamer Sales Climb

Clean labels and more plant-based creamers may be giving the segment a boost. Sales of coffee creamers are on the rise, according to a recent report “Refrigerated Coffee Creamers: U.S. Market Trends,” by market research firm Packaged Facts that estimates overall domestic retail sales for refrigerated coffee creamer products approached $2.5 billion in 2015, an

Burger King Parent Company Acquires Popeyes

The transaction is expected to close in April. Restaurant Brands International Inc. (RBI)—one of the largest global quick-service restaurant companies and owner of Burger King and Tim Hortons is set to acquire Popeyes Louisiana Kitchen Inc. $79 per share in cash, or $1.8 billion. The acquisition of Popeyes will add a successful, highly-regarded brand with

Gulf Oil Rolls Out Gulf Pay Mobile App

Pilot program begins at Gulf retail fuel locations in select New England and New York markets in the first half of 2017. Gulf Oil has launched a new mobile payment application called Gulf Pay. The new offering, powered by P97’s PetroZone mobile commerce platform, will enable Gulf customers to navigate to the nearest Gulf gas

Equipped for the Future

No matter the degree of foodservice expertise, pacing in the kitchen is imperative. To speed things along, innovations in foodservice equipment are making c-stores’ work easier. By Jeffrey Steele, Contributing Editor New innovations in foodservice equipment are constantly impacting the convenience store sector. Equipment quality continues to improve, based on advances in technology that affect