The Pantry Inc. Posts First Quarter Loss

  The Pantry Inc. has reported a wider-than-expected first-quarter loss, due to below-average fuel and grocery margins, Reuters reported. For the first quarter ended Dec. 24, the company posted a net loss of $26.1 million, or $1.17 a share, compared with a profit of $38.5 million, or $1.73 a share, last year. Excluding 90 cents

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Thorntons Adds E-85 To New Albany Store

  Louisville, Ky.-based Thorntons Inc. has added E-85 fuel to its store at 2250 State Street in New Albany, Ind., Business First of Louisville. It is the ninth Thorntons store to carry the alcohol-based fuel, which is 85% ethanol and 15% petroleum. Thorntons has four stores in Illinois, two in Indiana, two in Kentucky and

Arkansas Court Sides With General Tobacco

  An Arkansas Court has denied the Arkansas Attorney General’s motion to remove General Tobacco’s cigarette brands from the directory of approved brands to sell in that state and ordered the Arkansas Attorney General to arbitrate the dispute ordered in 2006, holding that General Tobacco’s cigarette brands may continue to be sold lawfully in Arkansas.  Since

Customers Stock Up For The Super Bowl

  A recent survey by The Nielsen Company, a global information and media company, found that nine out of 10 households plan to watch Super Bowl XLIV at home or at a friend’s or relative’s house instead of watching it from a restaurant or bar. And for their home viewing, only 5% of households expect

DePinto Goes Undercover

  Dallas-based 7-Eleven Inc.’s Joe DePinto is starring on CBS’ new reality show Undercover Boss, later this February and is appearing on the Oprah Winfrey show to talk about what he discovered walking in his employees’ shoes, the Dallas Morning News reported. The show reveals the impact of decisions made at the corporate level, defining problems

Walgreens Announces Community Corner Program

  Walgreens, the nation’s largest drugstore chain, is introducing a new Community Corner program designed to highlight the successes of minority-owned businesses. This first-of-its-kind supplier diversity initiative is designed to allow consumers to easily identify and purchase products produced by diverse companies. Walgreens will recognize these vendor partners through print advertisements, in-store announcements, coupon booklets,

7-Eleven Debuts Cup With A Cause

  7-Eleven, Inc. aims to donate more than $2 million to charities as it launches its charity-focused coffee campaign this month: “7-Eleven Coffee Cup With A Cause.”   Throughout 2010, 7-Eleven will introduce limited-edition 20-ounce coffee cups designed by entertainment and sports celebrities to be sold in 7-Eleven stores nationwide. Proceeds from cups sold will benefit

Wayne Oil Co. Chooses KSS to Manage Fuel Pricing

  Wayne Oil Co. of Goldsboro, N.C., has chosen KSS Inc. and its PriceNet and PriceNet Web systems to automate and optimize fuel price management at the chain’s 13 locations across the Southeastern U.S. John Strickland Jr., president of Wayne Oil, says his company purchased PriceNet and PriceNet Web to help him boost his control

7-Eleven Gets in the Game

By Brett Wilshe, Contributing Editor When Apple released iTunes in 2001, music retailers began to question their futures. The music industry, once an invincible force in the global market, suddenly seemed vulnerable. But a much larger question loomed: Would it stop with music?  We live in an age where corporeal media is vanishing. Newspapers are

Calming the Beverage Storm

As marketing category manager for Mansfield, Ohio-based EZ Energy USA Inc., Deb Davis oversees the beverage category and makes the critical call as to which products head to the cooler, and which don’t make the cut. Having just finished meeting with soda vendors to finalize the 2010 soda contracts, Davis is now busy overseeing beer

Rite Aid Supports the American Heart Association

Drug chain Rite Aid is supporting AHA’s “Go Red For Women” movement by providing free heart health guides in all of its stores nationwide now through March and online. One in three women dies from cardiovascular disease, according to the American Heart Association (AHA), but there are steps women of all ages can take to

Excentus Corporation And Safeway Inc. Settle Lawsuit

Excentus Corporation and Safeway Inc. have entered into a settlement and licensing agreement settling all outstanding litigation between them. “We are pleased to put this litigation behind us,” said Safeway spokesman Brian Dowling. “We respect the breadth of the Excentus intellectual property portfolio and look forward to exploring ways to work together on fuel rewards.”

Welcome Back Economy?

In the fourth quarter, the economy soared at a faster pace than expected: 5.7%, marking the fastest pace in more than six years, as businesses made less-aggressive cuts to inventories and stepped up spending, Reuters reported. Economists had expected GDP to rise at a 4.6% pace. While the year closed out with a strong fourth

Chris Leader Joins Hoshizaki America

Hoshizaki America Inc. has welcomed a new Chief Operating Officer, Christopher R. Leader. In this position, Leader will have total company-wide responsibility for Hoshizaki America Inc. Leader is a graduate of the University of Notre Dame with a Bachelor of Science in Mechanical Engineering and the University of Michigan with an MBA from the Ross

Hershey Introduces Pieces Wrapper Rewards Campaign

Singer, songwriter and actress Ashlee Simpson-Wentz, who first achieved success in her music career with her song “Pieces of Me,” celebrates another “Pieces” debut as The Hershey Company adds to its Pieces Candies line.  Building off the success of the popular Reese’s Pieces Candy, the new Pieces Candies offer snackable, bite-sized versions of classic favorites

Hess, Crompco Sign Five Year Contract

Hess Corporation of Woodbridge, N.J., has entered a five year exclusive contract with Crompco LLC to have the company continue its role as Hess’ sole compliance management and testing service provider.  Crompco will support Hess by managing its under ground storage tank (UST), compliance testing schedules, station testing and various other compliance-related needs at Hess’

Bill Bradford to Retire From Valero

Valero Energy Corporation has announced that director Bill Bradford, 75, has decided to retire from the company’s Board of Directors. “Bill has provided 17 years of outstanding service to Valero and its predecessor companies,” said Valero Chairman and CEO Bill Klesse. “The company has benefited greatly from his experience and counsel. We owe Bill our

Valero Reports Fourth Quarter, Annual Results

Valero Energy Corporation has reported a fourth quarter loss from continuing operations of $182 million, or $0.32 per share, excluding special items, of $155 million, or $0.28 per share. This compared to a fourth quarter 2008 loss from continuing operations of $3.2 billion, or $6.22 per share, excluding special items, of $795 million, or $1.53

Stewart Shop President To Work Friday Shift At C-Store

Gary Dake, the president of Stewart’s Shops, which operates 327 c-stores in more than 30 counties across upstate New York and southern Vermont, is going to work a four-hour shift Friday Jan. 29 at the Stewart’s on the corner of Route 50 and Jones Road in Saratoga Springs. The special visit by Gary is to recognize the

Coca-Cola Launches Huge Campaign Around Winter Olympics

Coca-Cola is launching  a multi-faceted Olympic Games-themed marketing program in the U.S., anchored by a group of high-profile U.S. Olympians and U.S. Champions, known as the Coca-Cola “Six Pack” of athletes, limited edition Olympic Games-themed packaging, media and digital experiences. Currently hitting supermarkets, convenience stores and mass retailers are limited edition, Coca-Cola Olympic Games-themed collectible

Lifeway Foods Donates to Haiti

Lifeway Foods Inc., makers of the probiotic dairy beverage called Kefir, will donate 5% of the proceeds from all Lifeway and Helios brand Kefir and ProBugs product sales in the U.S. generated through shipments during February to the U.S. Fund for UNICEF in support of Haitian relief efforts. The effort strives to provide life-saving supplies

Independent C-store Retailers To Convene At Expo

The annual Independent C-Store Expo (I-C-Expo), hosted by Royal Buying Group Inc., is coming to Illinois this spring. This year’s expo will feature a trade show floor and meeting space, networking and educational seminars on various topics intended to help all convenience store operators. Speakers will include nationally recognized industry experts, supplier representatives, and a very

Jeffrey Newman Joins Boyd Coffee As President And CEO

Boyd Coffee Company, a family owned and operated purveyor of fine coffee, tea, food products and coffee brewing equipment nationwide, has appointed Jeffrey Newman as the company’s president and CEO. David Boyd and Dick Boyd will remain as owners and Co-Chairmen for Boyd Coffee Company. Newman started as president and CEO on Jan. 11. “We

Are Electric Cars The Future?

At the 2010 Washington Auto Show this week, an array of sleek electric cars—both concepts and production models will be presented. But amid all the buzz about fuel efficiency and environmental friendliness, decision makers should bear in mind two issues that will curb demand for these innovative vehicles: the cost and technological limitations of their

CITGO To Send 120 Tons of Aid To Haiti

 CITGO Petroleum Corporation, and its charitable organization the Simón Bolívar Foundation, have started shipping 120 tons of humanitarian aid to Port-Au-Prince, in coordination with the Embassies of the Bolivarian Republic of Venezuela and the Republic of Haiti in the U.S. This effort complements the contributions of the Venezuelan people through their government, led by President

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