delek closes on lion

Company increases its total interest to 34.5%. Delek US Holdings has completed the acquisition of a 6.24% equity interest in Lion Oil Co. Total cash paid to the selling shareholders by Delek was approximately $23 million. This acquisition, along with a previously completed transaction, brings Delek’s total equity interest in Lion Oil to 34.5%. Lion

simple approaches to reduce energy use

Keeping a cap on consumption can help cut costs and maintain budgets. by Mike Wardle, Roth Bros. Inc. Retailers spend nearly $20 billion annually on energy expenses, according to Energy Star, an Environmental Protection Agency (EPA) organization. And, as costs continue to rise, c-store operators need surefire strategies to conserve energy and maintain budgets. A

house votes in favor of chipra

Federal excise tax on tobacco comes one step closer to becoming a reality. Yesterday evening, the House passed a bill in favor of a $35 billion reauthorization for Children’s Health Insurance Program Reauthorization Act (CHIPRA). The act will be fully funded by a .61-cents-per-pack federal excise tax increase on cigarettes. The house voted 265-159 on

western convenience joins in the e85 momentum

Chain teams up with local supporters to offer biofuel options. Western Convenience Stores is teaming up with the Colorado Corn Growers Association (CCGA), the Colorado Governor’s Biofuels Coalition, Regional Air Quality Council and General Motors to celebrate the opening of a new E85 pump location in Thornton, Colo. The collaboration kicked off the launch of

stewarts given highest quality milk award

Cornell University study selects the company with the honor for a second time. Stewart’s Shops has won the 2007 Highest Quality Milk in New York State award with a perfect score. This is the second time in three years Stewart’s has won this award. This prestigious distinction, awarded by Cornell University’s Department of Food Science,

bp restructuring management

Recent events leave new CEO contemplating new structure. Tony Hayward, CEO of BP, is warning employees of an impending management “shake-up” in an attempt to refocus the company following a “dreadful” third quarter and a deeper reappraisal of the business after the exit of his predecessor, according to United Guardian. Hayward revealed new plans to

kennewick 7eleven becomes top slurpee seller

Washington town earns opportunity to premiere new flavor. Kennewick, Wash. has been deemed the Slurpee capital of the U.S. In August, the 7-Eleven store sold more Slurpee drinks than any other store in North America, shooting past reigning U.S. market champion Detroit and North American champion Winnipeg, Manitoba, Canada, to take the No. 1 position

bp and shell return to the gulf

Oil companies re-man their offshore stations after threat of storm passes. BP Plc and Royal Dutch Shell have both revealed that they are returning to normal operations in the U.S. Gulf of Mexico. Both companies evacuated their structures to avoid the potential threat caused by a particularly dangerous storm, according to Bloomberg News Oil and

newport goes up in price

Lorillard announces 5-cent-per-pack increase. In a recent newsletter, Citi Group Tobacco Analyst Bonnie Herzog unveiled Lorillard’s plans to increase the price of its best-selling brand, Newport, by 5 cents per pack. The news was collected from industry sources and distributed late yesterday. The decision to raise the prices follows the actions of Lorillard’s competitors, Philip

gas prices drop 2 cents

National average lowers, but relief may only be temporary. The average retail price of a gallon of gasoline in the U.S. has dropped 2.03 cents in the last two weeks, but unfortunately, prices are set to move up as crude oil prices rise, according to a recent Lundberg Survey. According to the recently published report,

michigan court affirms ruling against bulk petroleum corp

Company issued to pay $2.4 million for underground tank leakage. The Michigan Department of Environmental Quality’s (DEQ) director, Steven E. Chester, revealed that the Michigan Court of Appeals has affirmed a ruling against the Bulk Petroleum Corp. that requires the company to pay penalties totaling roughly $2.4 million for failing to properly clean up leaking

national restaurant association backs new bill

House representatives try to accelerate depreciation schedule to help foodservice proprietors. The National Restaurant Association is praising the introduction of a House bill aiming to address the tax code’s unfairness towards restaurants. The bill would make permanent the accelerated depreciation schedule of 15 years for both new building construction and improvements for restaurants across the

tennessee chokes outofstate cigarette sales

New law prohibits consumers to buy their over the border. Smokers in Tennessee have a new law to both fear and jeer, as the state announced that it is enforcing a two-carton limit on cigarettes purchased across state lines. The law, though it has been on the books for a while, is being revitalized. The

omega helps the ymca

Association hands over check for $77,000. West Virginia’s Oil Marketers and Grocers Association (OMEGA) is showing its commitment to America’s youth with a recent donation to the YMCA’s of West Virginia on Thursday. The company handed over $77,000 to the youth organization last week. Money was raised in a variety of ways. For starters, OMEGA

tornado of flavor

El Monterey Tornados continue to be the consumer’s choice for foodsthat are convenient, flavorful and hot-to-go. Ruiz Foods introduces thenew 3-oz. El Monterey Tornado flavor—Firecracker Chicken—a hotwing style medley of tender chicken and Monterey Jack cheese meltedto perfection in a crispy seasoned tortilla. It’s recommended that theproduct is prepared on the roller grill, but then

growing through innovation

Richard Oneslager’s perspective of the convenience industry has benefited Balmar Petroleum, as he capitalizes on real estate and foodservice to differentiate his offering. CSD: You began your conveniencestore experience by managing the familybusiness in 1987. What did you learnthen that you are applying to your businesstoday? RO: Working with my family afforded me manykey learning

conceptual design

For merchants who need two merchandisersto accommodate refrigerated and nonrefrigeratedfoods, but only have space forone, Structural Concepts’ innovative HOUmodel combination cases were the first inthe industry to answer the call. The spacesavingcombination cases feature refrigeratedservice above self-service, and each side of theupper service display can be converted fromrefrigerated to non-refrigerated with StructuralConcepts’ proprietary baffle system.

payment alternatives show promise

Retailers work around expensive credit card processing fees while integrating rewards for customer loyalty. Due to the competitive nature of the current conveniencestore climate, retaining a loyal customer base ismore important than ever. But even when a store has astrong customer base, it can still be hurt by the excessiveprocessing costs on credit card transactions

moving parts

Car care accessories are building incremental sales with the help of private labels and impulse purchases. Customers have long ventured into local conveniencestores to grab a bottle of windshield washerfluid or oil for their cars. Years ago, a small displaywould hold a few bottles of automotive fluids in caseof an emergency. Today’s suppliers are stepping

topps treats

When seasonal holidays come around, ToppsConfections has low-calorie, fat-free interactivecandies that are a treat for kids, tweens andteens. Give little ghouls and goblins theHalloween treat that leaves a lasting impression:Halloween Baby Bottle Pops, HalloweenRing Pop and multiple varieties of BazookaBubblegum. Deck the halls this year with ToppsChristmas candies, the treats that satisfies asweet tooth while

freshness in full bloom

Exotic sushi, ready-made salads and fresh-cut fruit are ushering in tasty new eating options while helping customers watch their waistlines. When it comes to developingan exotic fresh food menu, U.S.retailers are drawing on inspirationfrom around the world. Take Torrance, Calif.-based FamimaUSA, for example. The U.S. subsidiary ofJapan’s FamilyMart Co. is drawing on itsJapanese heritage by

circle k launches line of proprietary energy drinks

Developed in conjunction with BooKoo Energy, beverages will be available in three flavors. Circle K Southeast, a division of Alimentation Couche-Tard, is launching the company’s first wholly owned, proprietary energy beverage, GazZu. According to Circle K officials, GazZu was developed to respond to the worldwide energy drink boom and lack of drinks that appeal to

fullflavor enhancement

General Tobacco (GT) announced the launch of the new Vaquero LittleCigars 100’s box. The line extension is the latest addition to the GT catalogand will feature a variety of flavors to choosefrom including: Natural, Light, Vanilla, Menthol,Peach and Cherry.For More Information fromGeneral Tobacco 877-500-9595www.generaltobacco.com

bright future for smokeless sales

Once upon a time, cigarettes were the embodiment of“cool.” Then came the health concerns. Then came thegovernment regulations. Cigarette smoking has reacheda point where it is so severely sneered upon that manycities have outright banned smoking in public establishments. Itshould be a surprise to no one that cigarette sales and gross profitmargins have been steadily

susser holdings to acquire towncountry food stores

Deal increases company-owned store count to 500, expands geographic footprint into West Texas and Eastern New Mexico. The industry’s merger and acquisition activity continued today in a big way as Susser Holdings Corp., the Corpus Christi, Texas operator and fuel supplier said it has signed a definitive agreement to acquire San Angelo, Texas-based Town &

css.php