TouchPlay Turmoil Slowly Getting Resolved

The Iowa Lottery Board voted today to drop a claim of nearly $500,000 against a Cedar Rapids amusement company in anticipation of settling a lawsuit over the state’s ban on TouchPlay gambling machines. Camden Amusements had sued the state in Linn County District Court after the Iowa Legislature in May 2006 pulled the plug on

VERC, Exxon Aid Education

VERC Enterprises, an independent convenience store and gasoline station operator in New England, presented the Cold Spring Elementary School in Plymouth with a check for $500, a grant made possible through the ExxonMobil Educational Alliance Program. The $500 grant can be used for a broad range of academic enhancement or sports programs. Since 2000, the

TA Extends Bridgestone Firestone Agreement

TravelCenters of America LLC (TA) has extended its supply agreement with Bridgestone Firestone for truck tires through Dec. 31, 2014. TA will supply its fleet and owner-operator customers with Bridgestone Firestone and other leading truck tires at sites it operates across the U.S. and Canada. The "TravelCenters of America" and "Petro: Lube" branded truck repair

Cody’s Acquires Six Express Lane Stores

Cody’s Convenience Stores acquired six bankrupt Express Lane stores, making it the second-largest owner of convenience stores in southwest Missouri. With the purchase, which closed in bankruptcy court Dec. 28, Cody’s surpassed fellow Springfield-based chain Rapid Roberts’ 23 area stores. Cody’s portfolio now comprises 25 stores, second to West Des Moines, Iowa-based Kum & Go’s

Strong First Quarter for United Refining

United Refining Co. the Warren, Pa.-based operator of 371 Kwik Fill/Red Apple and Country Fair convenience stores in western New York and western Pennsylvania, reported net sales for the three months ending Nov. 30, 2007 jumped $109 million to $693.6 million, an increase of 18.6% over the same quarter for 2006. The company, which also

Atlas Oil Acquires R & J Inc.

Atlas Oil Co., a Taylor, Mich.-based fuel marketer, has acquired five convenience stores in Battle Creek, Mich., from R & J Inc. and has folded that company into its own retail segment. Terms of the deal were not disclosed. The transaction essentially buys out the ownership stake of R & J partners Richard Folk and

Kwik King Selling Off Stores

Many Kwik King Food Stores will get a new name, new look and new gasoline provider in the coming weeks. That’s because they have new owners. Bill Tuck, the co-owner and chief executive of Kwik King told The Ocala (Fla.) Star-Banner that the convenience store company has sold 19 of its 49 stores. Sam Patidar

Just Desserts

Despite unchanging consumer demand and fickle consumer tastes, the market for frozen desserts is expected to grow by more than $4 billion by 2012, according to The U.S. Market for Ice Cream and Related Frozen Desserts, a new report from market research publisher Packaged Facts. Dollar sales continue to grow annually, but not because Americans

Tidel Celebrates 30th Anniversary

Tidel Engineering, L.P., a provider of cash management systems and robbery prevention products, celebrates its 30th anniversary. Originally a subsidiary of The Southland Corp., (7-Eleven’s parent company), Tidel introduced robbery prevention cash controllers to the convenience store industry in 1978. Tidel’s cash management solutions have since expanded to virtually all varieties of retail stores. "Tidel

Krause Named Kum & Go’s Senior VP of Marketing

Kum & Go, L.C., one of the nation’s leading convenience store chains, is proud to announce that Kevin Krause has joined the Iowa-based, family-owned company as its new senior vice president of marketing. Krause has been involved with the Kum & Go organization for 20 years as a director and has extensive store operations experience.

Krause Named Kum & Go’s Senior VP of Marketing

<p>Kum & Go, L.C., one of the nation’s leading convenience store chains, is proud to announce that Kevin Krause has joined the Iowa-based, family-owned company as its new senior vice president of marketing. <p> Krause has been involved with the Kum & Go organization for 20 years as a director and has extensive store operations

McLane Grows in Texas

McLane Co. Inc. has bought the former building of an oil field manufacturing company in Alice, Texas, to use as a dispatch center for its distribution services. Trucks coming in from the distributor’s Temple, Texas headquarters already loaded will arrive at the dispatch center where 10 drivers will deliver the products to their destinations in

Coffee Gets Hotter at McDonald’s

McDonald’s is riding high, enjoying a resurgence fueled by new snacks and longer restaurant hours. But is it about to put the whole thing at risk by trying to take on Starbucks? The burger chain plans to install specialty coffee stations in all its restaurants over the next 18 months. The stations, which are a

Bottled Water Tax Scrutinized

The beverage and retail industries took a stand today for their already over-taxed customers by filing a lawsuit seeking to invalidate the city of Chicago’s new 5-cent-per-bottle tax on bottled water, which amounts to an astounding 30 percent tax on a case of safe, healthy bottled water. The first-of-its-kind tax, which took effect Jan. 1,

Counterfeit Products Targets

More than 20 retailers, including several convenience store owners in Houston County, Georgia, were cited during the past three months for the sale and distribution of counterfeit merchandise, a Houston County sheriff’s investigator said Tuesday. Counterfeit merchandise valued at $623,718, plus $11,612.25 in cash, were seized during a sting operation from Oct. 1 to Jan.

Black Market Tobacco Under Fire

Philip Morris USA filed two lawsuits in federal court yesterday in the Eastern District of New York against importers, C.H. Rhodes of Flushing, N.Y., and U.S. Sun Star Trading Inc. of Brooklyn, N.Y. The lawsuits are aimed at stopping the importation, distribution, and sale of counterfeit cigarettes and the unauthorized use of Philip Morris USA’s

SUBWAY Offering Online ServSafe Certification

The SUBWAY restaurant chain is proud to announce that it now offers online ServSafe Food Safety Training and Certification courses for its franchisees and their staff. ServSafe, developed by the National Restaurant Association Educational Foundation (NRAEF), is the premier source for food safety training, recognized by more jurisdictions than any other food safety program in

Clean-Diesel-Blitz in Full Swing

"German manufacturers have once again prevailed on the difficult U.S. market with excellent results. In 2007 they grew against the general trend and have boosted their sales by 3 percent to 948,000 light vehicles. We are confident that we will be able to continue to increase our U.S. market share even further this year and

Deal Brewing for Couche-Tard?

Competitive Assortment, Lower Prices Accelerate Cigar Growth

New insights on the cigar category reveal that retailers who manage the cigar category more strategically benefit from accelerated growth and a larger share of the market. The data was shared in a Convenience Store Decisions Webcast, sponsored by John Middleton Inc., titled “Cigars: Accelerating Category Profits by Increasing Strategic Focus,” and offered new evidence

Cigars And Moist Smokeless Drive Revenues Even With Concerns Over Tobacco Taxation

The long-predicted demise of cigarettes has not come to fruition, nor is it likely to. But the effect of tobacco taxation and smoking restrictions has made it much more difficult to rely on cigarette sales as the primary category for driving in-store profitability. But don’t read that to mean tobacco is suffering. Retailers are reporting

Slam Dunk

The influx of people moving to western North Carolina from the Northeast and Florida—both areas where Dunkin’ Donuts does a booming business—was one reason Citizens Fuel Co. is excited these days to be adding Dunkin’ franchises to at least three of its 10 Citi Stop c-stores. “We felt it was a huge opportunity to fill

Always Stay Prepared for the Worst

Several clients have recently challenged us to try to creatively refinance convenience mortgages tied to properties that were acquired over the last several years. These properties were purchased based upon high cash flow multiples of seven times or more–multiples that have become the norm with many transactions around the country. When considered in light of

United They Stand

United El Segundo Inc. Retail arm: United Oil Co. Primary areas of operation: Owns and operates convenience stores in Southern California in addition to maintaining a vast dealer-operated network and a chain of car washes. Long-range plans: Increasing market share while growing store count through new-to-market stores and acquisitions. Established: 1948 Net sales (2006): $1.27