Alabama Quik Mart Adds E85

Growth Energy has partnered with Edwards Oil to provide E85 at a Quik Mart Convenience Store in Florence, Ala., DomesticFuel.com reported. “We appreciate Growth Energy’s assistance in helping us to fund this infrastructure. Alabama has not seen much investment or sales demand for E85, we are hoping to have a role in changing that,” said

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Brinker Appoints Joe DePinto

Brinker International Inc., a casual dining restaurant company, has elected Joe DePinto, president and CEO of 7-Eleven Inc., to its board of directors. In his current role, DePinto leads 7-Eleven Inc., which operates, franchises and licenses more than 38,400 stores worldwide of which some 8,200 are in North America. Previously, DePinto served in other executive

Pizza Hut Launches Franchise Web site

Pizza Hut has launched PizzaHutFranchise.com, a new Web site that showcases franchising opportunities nationwide and makes it easier for potential franchisees to join the Pizza Hut team. “We’re excited to offer people a way to really understand, step by step, what it means to become part of the Pizza Hut franchise system,” said Jim Avery,

QuikTrip Expands Rewards Debit Card Program

QuikTrip is expanding its QuikTrip Rewards Debit Card program, using Tempo’s affinity debit card platform and re-issuing the cards with Tempo partner First Bank & Trust of Brookings, S.D., part of Fishback Financial Corp. Tempo-powered affinity debit cards link to consumers’ existing checking accounts and can be used everywhere Discover cards are accepted. The QuikTrip

The Pantry Announces Q3 Results

Cary, N.C.-based The Pantry Inc. has announced financial results for its third fiscal quarter ended June 24, 2010. The Pantry reported net income for the quarter of $18.0 million or $0.80 per diluted share, compared to a net loss of $749,000 or $0.03 per share in last year’s third quarter. The results for the third

Granting Wishes in West Virginia

The West Virginia Oil Marketers and Grocers Association (OMEGA) and the West Virginia chapters of the Make-A-Wish Foundation kicked off their fundraising drive Monday at the Par Mar Convenience Store at 720 Division St. in Parkersburg, allowing community members to buy stars to help grant wishes of local children with life-threatening medical conditions, Newsandsentinel.com reported.

Couche-Tard Extends Deadline

Alimentation Couche-Tard Inc. has extended its tender offer to acquire all of the outstanding shares of Casey’s General Stores Inc.’s common stock for $36.75 per share in cash until 5 p.m., New York City time, on Aug. 30, 2010, unless the offer is further extended. The offer had been scheduled to expire at 5 p.m., New York

Rallying Oil Futures Points to Higher Gasoline Prices

Brian L. Milne, Refined Fuels Editor, Telvent DTN July ended with a rally in wholesale prices for gasoline that either reversed or otherwise mitigated what would have been a decline in these costs for the last week of July. As a result, wholesale gasoline prices were mixed that will have a limited impact on pass

National S’mores Day Approaches

National S’mores Day is Aug.10 and The Hershey Co. and Kraft Foods have partnered to help families and friends create lasting memories on this delicious summer holiday. S’mores have been a centerpiece of summertime since the recipe was first published in the Girl Scouts handbook in 1927. The classic treat is fun to make and

A Third Investor Sues Casey’s

Casey’s General Stores Inc. now faces three lawsuits from investors, who demand the chain stop its defensive tactics and negotiate the hostile bid by Alimentation Couche-Tard Inc, The National Post reported. The most recent suit, came last week-a class-action petition filed in Iowa, by the Kentucky State District Council of Carpenters Pension Trust Fund. It

Speedway Adds Speedy Rewards Pay Card

Speedway SuperAmerica LLC (SSA), has partnered with the National Payment Card Association (NPCA), a provider of merchant branded PIN-based debit cards, in taking their Speedy Rewards loyalty program to the next level through the introduction of the Speedy Rewards Pay Card. Speedy Rewards members can now turn their loyalty card into a debit card by

Cardtronics To Manage Kroger ATMs

The Kroger Co. has entered into a multi-year ATM managed services agreement with Cardtronics USA Inc. to have Cardtronics provide ATM management services in approximately 800 Kroger grocery and convenience store locations, including ATM installation, complete cash management, maintenance, customer service, monitoring and transaction processing services. Cardtronics expects to begin managing the Kroger ATMs starting

Fiscal Systems Honored With Award

Fiscal Systems has received a 2009 IBM Retail Sales Solutions (RSS) Sales Leadership Achievement Award. The award recognizes business partners who have demonstrated superior leadership in the delivery of IBM retail technologies, as well as the knowledge and capability to successfully meet client expectations. Fiscal was honored at the 2010 Retail Store Solutions Business Partner Forum

Quick Chek’s Summer Event Soars

Quick Chek’s 320-member team of volunteer employees helped welcome more than 112,000 to Readington, N.J.’s Solberg Airport for the 28th Annual Quick Chek New Jersey Festival of Ballooning. The highly-anticipated annual three-day festival held July 23-25, has consistently grown to be the largest summertime hot air balloon and music festival in North America.  Quick Chek

The Pantry And Marathon Partner

Cary, N.C.-based The Pantry Inc., operator of Kangaroo Express stores and Marathon Petroleum Co. LLC, the refining, marketing and transportation operations of Marathon Oil Corp. have announced a joint-branding fueling agreement set to take place this fall. Under the terms of the agreement, Marathon will supply fuel to more than 600 Pantry locations, with a

Sunoco Reports Q2 Results

Sunoco Inc. reported its 2010 second quarter results today, including a net income attributable to Sunoco shareholders of $145 million ($1.20 per share diluted) compared to a net loss attributable to Sunoco shareholders of $55 million ($.47 per share diluted) for the second quarter of 2009. “While market conditions during the second quarter remained challenging,

Interchange Reform Continues

Now that the Durbin Amendment, part of the Wall Street reform bill, has been signed into law by President Obama, the industry continues to address issues related to interchange reform. Texas Petroleum Marketers and Convenience Store Association (TPCA) President Chris Newton noted the amendment was “an important first step” in dealing with the negative impacts

Rite Aid Reports Sales Dip for July

Drug store chain Rite Aid Corp. has announced that for the four weeks ended July 24, 2010, same store sales decreased 1.1% over the prior-year period. Its July front-end same stores sales decreased 0.5%, while total drugstore sales for the four-week period decreased 2.2% to $1.886 billion, compared to $1.929 billion for the same period

Gas Station TV Hits 26 Million Monthly Impressions

Gas Station TV, a national away-from-home television network delivering a one-to-one consumer viewing experience, reached 26 million monthly Nielsen-verified fueling impressions this month, at a time when traditional home broadcast television is hitting historic record low viewership. For more than two years, Gas Station TV has been delivering Nielsen Pocketpieces to the advertising community. Next

Couche-Tard Responds To Casey’s Rejection

Alimentation Couche-Tard Inc. has responded to Casey’s General Stores Inc.’s rejection of its increased tender offer from $36 to $36.75 per share in cash, which was announced on July 22, 2010. “We are disappointed that the Casey’s Board of Directors has rejected our increased $36.75 cash offer and has initiated a recapitalization for only 25%

Hess Estimates Second Quarter Results

Hess Corp. has reported its estimated results for the second quarter of 2010, including a net income of $375 million compared with net income of $100 million for the second quarter of 2009. Exploration and production earnings totaled $488 million in the second quarter of 2010 compared with $215 million in the second quarter of 2009.

Hess Corp. to Acquire American Oil & Gas Inc.

Hess Corp. is set to acquire American Oil & Gas Inc., a move that is expected to increase Hess’ strategic acreage position in the Bakken oil play in North Dakota by approximately 85,000 net acres. “This acquisition builds upon our strong land position in the Bakken, leverages our nearby infrastructure and offers operational synergies,” said

Groups To Senate: Say No To Increasing Ethanol in Gas

On July 26, some 36 environmental and industry groups signed and sent a letter that went to the majority and minority leaders of the Senate urging opposition to any amendment to the upcoming energy bill that would authorize the sale of gasoline with more than 10% ethanol. The National Petrochemical & Refiners Association (NPRA), the

Casey’s Announces $500 Million Recapitalization Plan

Ankeny, Iowa-based Casey’s General Stores Inc.’s board of directors has unanimously approved a $500 million recapitalization plan for the company and has reaffirmed its strategy to continue to execute upon its growth plan. The recapitalization plan is expected to be executed through a modified “Dutch auction” self tender offer for up to $500 million of

Gasoline Pushes Higher

By Brian L. Milne, Refined Fuels Editor, Telvent DTN After inching off a one-month low last week to $272.2 gallon, the U.S. retail gasoline average is poised to post its second straight weekly increase, following wholesale costs higher. The US price benchmark for gasoline, the Reformulated Blendstock for Oxygenate Blending futures contract that trades on

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