On May 20, 2021, the U.S. Food and Drug Administration (FDA) posted the list of deemed new tobacco products for which a premarket application was submitted to FDA via the Premarket Tobacco Product Application (PMTA) pathway by Sept. 9, 2020. The list includes over 6 million products. In February, FDA posted the list of deemed…
New Track My Order Tool Helps Core-Mark Customers With Delivery Logistics
Core-Mark International has made its innovative delivery management tool, Track My Order, available to all of the company’s 40,000 retail customers across the U.S. and Canada. Introduced in early 2020 in select Core-Mark divisions, the free Track My Order application enables retailers to receive real-time updates on delivery status, either by e-mail or text. It…
COVID and Consumer Behavior Kicks Off NAG/YEO Spring Leadership Series
The National Advisory Group and Young Executives Organization Spring Leadership Series kicked off May 19 with “How Consumer Behavior Has Changed During COVID,” a presentation from Casey Taylor, vice president of client success for market analyst and consulting firm CivicScience. Taylor outlined the changes wrought by a year and a half of pandemic lockdowns and…
ADD Systems Promotes Katsigiannis to Lead Support Teams
ADD Systems – also known as Advanced Digital Data Inc. – introduced Andy Katsigiannis as its new director of customer support and hardware operations. Katsigiannis joined the supplier of software solutions to the convenience store and energy distribution industries in 2002 as a member of the IT department on his way to rising to IT…
GPM’s Parent ARKO Releases Q1 Financials
Richmond, Va.-based ARKO Corp., the seventh-largest convenience store chain in the U.S., announced financial results for the first quarter ended March 31, 2021. The company operates or supplies fuel to approximately 2,950 locations in 33 states and Washington, D.C., comprised of approximately 1,325 company-operated stores and approximately 1,625 dealer sites to which it supplies fuel.…
7-Eleven Inks Agreements to Sell 293 Stores
7-Eleven Inc. announced this week that it has signed definitive agreements to sell 293 Speedway and 7-Eleven stores to three separate buyers. This follows the completion of 7-Eleven’s acquisition of Speedway from Marathon Petroleum Corp. on May 14. In March, 7-Eleven signed a definitive agreement to sell 124 Speedway and 7-Eleven sites in the Midwest,…
Parker’s Honored in Savannah
Parker’s, CStore Decisions’ 2020 Convenience Store Chain of the Year, continues to garner awards for retailing, recently being voted the “Best Convenience Market/Gas Station” for 2021 by readers of Connect Savannah, a leading news, arts and entertainment publication in Savannah, Ga. “We’re deeply honored to be voted Savannah’s top convenience store company and are incredibly…
Anabi Oil to Acquire 124 Speedway Stores From 7-Eleven
Anabi Oil, a family owned and operated business based in Upland, Calif., announced that it will purchase 124 Speedway stores in the Midwest, Northeast, Utah and Florida. Anabi Oil is acquiring the stores from 7-Eleven, which recently completed the acquisition of Speedway from Marathon Petroleum Corp. Anabi Oil is one of the largest Shell-branded wholesalers…
Performance Food Group to Acquire Core-Mark
Performance Food Group Co. and Core-Mark Holding Co. Inc. announced that they have entered into a definitive agreement for Richmond, Va.-based PFG to acquire Westlake, Texas-based Core-Mark in a stock and cash transaction. Under the terms of the transaction, which has been unanimously approved by the boards of directors of each company, Core-Mark shareholders will…
Merchants Call on Fed to Cut Debit Card Swipe Fee
The Merchants Payments Coalition called on the Federal Reserve to revise debit card swipe fee regulations adopted a decade ago, citing a new Fed report showing banks’ average cost of processing the transactions has fallen by half. MPC also welcomed the Fed’s announcement that it plans to clarify that debit card routing requirements apply to…