Store Closing Data Revealing

Fung Global researchers found that year-to-date in 2017, store closing announcements in the U.S. increased by 97 percent year-over-year, to 3,296 locations. A new research study from Fung Global Retail & Technology, an international think tank that follows retail and technology trends, uses hard data to outline what retail property owners and managers already know—store

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Millennials Worry More Over Personal Finances

Young adults spend more time at work pondering bills and crunching numbers than their slightly older peers. When it comes to personal finances, there’s a significant confidence gap between the Millennials and baby boomers, according to a new report published recently by USA Today. Among 18- to 34-year-olds, 48% felt very positive about their financial

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Love’s Makes Two Key Promotions

As part of its growth spurt, the travel stop company is tapping employees to help oversee retail operations. Love’s Travel Stops (Love’s) has promoted two employees to help lead managers and team members at Love’s growing number of travel stops. Gary Price has been promoted to vice president of operations, and Tony Cribb has been

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7-Eleven Opens Vietnam Location

The convenience retailer expands its international footprint with new Southeast Asian location. Ho Chi Minh City residents soon will be able to enjoy convenience, 7-Eleven style, while many visitors to the country will recognize some of their favorites from home. Seven System Viet Nam JSC (SSV), a master franchisee of 7-Eleven Inc., will now have

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30th Annual ACE Conference Talks Market

ACE’s 30th annual conference also features a breakout session with Bosselman Enterprises and Husker Ag and how they are growing their volume by supplying ethanol directly to retailers by passing on Renewable Identification Number (RIN) value. Retailers who want to learn the latest ethanol issues can now register for the American Coalition for Ethanol (ACE)

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C-Stores Investigated In Illegal Cigarette Sales

Some of those indicted bought cigarettes in St. Louis using convenience stores they owned then sold them in high cigarette tax areas like Chicago and New Jersey without paying taxes. Police and federal agents recently made a series of arrests in Chicago and on the eastern area of St. Louis in an investigation of illegal

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QuickChek “Tags” Support For Military

For the fourth year, QuickChek customers are invited to purchase $1 paper “dog tags” in support of military families. Beginning June 10 and running through July 15, QuickChek customers will have the opportunity to support veterans, service members and military families through the convenience store’s “dog tag” campaign. For the fourth year, QuickChek customers are

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Apple to Introduce Peer-to-Peer Payments

Providing U.S. consumers another payment option, Pay Cash will allow one user to pay another user through their smartphone. CNBC recently reported that Apple announced that its new iOS 11 mobile-operating system will support peer-to-peer payments through a new feature called Pay Cash, making it a direct competitor to similar services offered by Square Cash,

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Casey’s Reports Fiscal 2017 Earnings

Fiscal 2017 marked the 16th consecutive year of positive same-store sales growth for the Iowa convenience chain. Casey’s General Stores Inc. has reported diluted earnings per share of $0.76 for the fourth quarter of its fiscal year ending April 30, 2017 compared to $1.19 for the same period a year ago. For the year, diluted

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Dawa is Dawa No More

A small New Jersey convenience opts to forgo its name after Wawa earlier this year filed a lawsuit, alleging that the similar sounding Dawa would diminish the value of Wawa’s trademark. Convenience store Dawa Food Mart has agreed to change its name to settle a copyright infringement lawsuit brought by Wawa. Wawa, the Pennsylvania-based chain

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Gift Card Demand Grows

When asked how many gift cards they gave last year, according to a new InComm survey, 100% of consumers said at least one and 92% said two or more. Gift cards are clearly a hot commodity, and there are many ways that retailers can leverage them to boost online and in-store traffic. Additionally, a recently

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Sobeys Prepping New express Location

Canadian grocer Sobeys continues the measured rollout of its convenience store program. Sobeys Inc. is remodeling one of its Charlottetown store as part of its expanding convenience store program. The company is converting a Needs Store on Euston Street in Charlottetown to a Sobeys express, according to the Guardian In December 2015, Sobeys—a wholly owned

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ALON Making Headway With Green Program

As part of reduced emissions initiative, ALON 7-Eleven will plant over 100,000 trees in partnership with the Arbor Day Foundation. As the Strive Reduced Emissions Fuel Program continues to drive positive results, ALON 7-Eleven plans a final rollout to their remaining 170 locations. Later this summer, the program will launch in El Paso and Abilene

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Empire Petroleum Partners Buys Fuel Assets

The Dallas-based supplier to numerous convenience stores expands its southern footprint. The consignment and wholesale assets of Superior Transport Inc.’s (STi) were recently purchased by Empire Petroleum Partners, LLC. Usher Transport, Inc. acquired the transportation division assets. Terms of the deal weren’t disclosed. Empire Petroleum is a Dallas-based company, which distributes fuel to more than

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Hoosiers Prefer Cold Beer Purchases

A new survey indicates Indiana consumers support state c-stores being able to sell cold beer as part of Chill Indiana campaign. A statewide poll released June 5 indicates 70% of Hoosiers favor allowing drug, convenience and grocery stores to sell cold beer, while another 65% favor Sunday carryout alcohol sales. The survey was commissioned by

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Oil Price Forecasts Lowered on Crude Glut

WSJ’s May analyst survey puts crude at an average of $56 a barrel this year, down a dollar from April survey. Just as gas prices began to rebound some during the Memorial Day holiday, long range forecasts indicate that gas prices might stall in the next few months. AAA reported that the national average price

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C-Store Beverage Buzz Survey

Convenience store beverage sales were up 4-5% over the Memorial holiday weekend, a slight deceleration from last year as weak energy sales increased. Wells Fargo recently conducted a “Beverage Buzz” survey of beverage retailers representing thousands of c-store locations across the country to get a sense of beverage trends during the recent Memorial Day holiday.

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Walmart, McDonald’s Delivering More

Big retailers are pushing delivery strategies to engage customers. Walmart is proving that no matter how dependable a drone might be it can’t replace the human touch of a company volunteer. At least that’s what the retail giant hopes in its bid to bring online order delivery to customers ahead of Amazon. Enacting its newest

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Seattle Latest to Tackle Soda Tax

  Amended bill would add a 1.75 cents per ounce tax to sweetened beverages, which would be paid by distributors. Seattle officials are expected to decide a soda tax, which could impact soda sales in convenience stores. Seattle Mayor Ed Murray’s soda tax legislation was revised to kick out diet drinks before moving toward the final

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Haymakers Putting Up New Stores

The 5,200-square-foot convenience store project, scheduled to be completed in August 2017, features an updated design.   Niemann Foods Inc. is expanding its Haymakers convenience chain in both Illinois and Missouri with two new store locations. Niemann Holdings has partnered again with DBS Group to develop Haymakers’ newest convenience store in Macon, Missouri. The 5,200-square-foot

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Accountability Is Key to Loss Prevention

Convenience stores with high standards succeed at reducing shrinkage and cash loss. By Erin Rigik Del Conte, Senior Editor Loss prevention and inventory control at convenience stores begin at the top, with clear rules and best practices for employees and store management, followed by accountability for missteps. Convenience Store Decisions caught up with loss prevention

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Designing for Success

Branding accents can help weave a holistic design concept throughout the store. By Erin Rigik Del Conte, Senior Editor A convenience store’s design can convey an unconscious message to customers about its values, brand and food quality. Today, many convenience store chains are remodeling to feature a modern, upscale look that showcases their brand message

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Alta Convenience Ready to Grow

After a restructuring of ownership, this Colorado chain is in the process of branching out within its marketplace. By David Bennett, Senior Editor Alta Convenience c-store chain, based in Denver, has undergone big changes in the last few years. The latest transition alteration occurred in October 2016 when Alta Convenience parent Western Alta Holdings LP

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Young Executive Leadership

Developing a solid foundation for young executives is one of the cornerstones of the National Advisory Group’s (NAG) Young Executives Organization (YEO). Now these next-generation leaders will join forces this month to build a foundation for a family in Provo, Utah. YEO is proud to partner with Habitat for Humanity on May 23, just prior

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Adopting Technology for Tomorrow

The most savvy convenience retailers are applying automation that puts the focus on the customer. By David Bennett, Senior Editor Inventorying, loyalty perks, customer engagement, forecourt marketing and supply chain strategies carry weight in a successful convenience store operation. How developed each segment is and how well it functions more often than not depends on

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