Valerologo

Valero Divesting Retail Business

Auction to sell convenience store sites expected to interest private equity firms, as well as c-store operators. Valero Energy Corp. is selling its retail business, which is comprised of nearly 1,000 U.S. stores and some 775 units in Canada. The stores are being divested through an auction that could bring in more than $3.5 billion

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Joe Venezia Joins The Pantry

The Pantry appoints new senior vice president of operations. Pantry Inc. has announced that Joe Venezia is joining the executive leadership team as senior vice president of operations. Venezia joins The Pantry from TitleMax. In his new role at The Pantry, he will lead the company’s store operations and be focused on driving sales, improving

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Oatmeal Dispensers

Hot oatmeal can deliver some cool breakfast profits for today’s savvy c-store operators. Curtis can help you capitalize on this popular trend with the new Café Oat3 Oatmeal Dispensing System. With digital precision, the unit optimizes the blending of hot water with all natural oats to consistently create great tasting oatmeal. Exact measurements are combined

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Sheetz President Recognized By Nation’s Restaurant News

“It takes vision and confidence in your strategy” to be a Golden Chain Award winner, says Randall Friedman of Nation’s Restaurant News. Sheetz President and CEO Stan Sheetz has been honored and named a 2012 Golden Chain Award winner by Nation’s Restaurant News for demonstrating overall business performance and growth. Sheetz will be presented the

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PureCloud Security

nCircle, leader in information risk and security performance management, announced the release of PureCloud Enterprise, a cost-effective scanning solution that assists with security visibility. Scan results can be seamlessly integrated into nCircle Suite360 Intelligence Hub to provide a single view of security risk. Pricing for the product starts at $2,417. The product offers the following

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EZ Energy Sells U.S. Stations

Sale expected to close Sept. 15. Israel-based EZ Energy Ltd. is selling its U.S. gas station and c-store operations for $64 million to a foreign operator, whose name has yet to be disclosed, Globes reported. The proceeds derived from the sale are expected to cover all the company’s debt to Israeli bondholders and the loans

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Connecting With Your Customers

Maximizing time spent right in your own stores is an investment that always pays off. By Jim Callahan. One of the common traits among top quartile chains is that we all invest a lot of hours in our businesses. For all of us, there is a finite number of hours that we can work and

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Gasoline Futures Up From Four-Month Low

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Gasoline prices in spot market trading following the Memorial Day weekend were moving higher alongside an advance by gasoline futures known as the Reformulated Blendstock for Oxygenate Blending contract that trades on the New York Mercantile Exchange. Trading has been relatively thin so far in post-holiday

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Creating An Advertising Plan

By John Matthews, president of Gray Cat Enterprises. As you have probably gathered from reading my other articles, I am a firm believer in planning for success. Whether it is operational excellence, de-branding a store or outlining your procedures and policies, prudent planning creates stronger execution and efficiency. While planning may come second nature to

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Wholesale Gasoline Prices Dive Lower on Industry News

Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline prices moved sharply lower during the third week of April, coming under heavy selling pressure as those in the market not hedging liquidated long holdings on growing sentiment that there will be enough supply this summer to avoid a tight market. There were a handful

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Innovative Dressings Package

The KRAFT YES Pack, an innovative dressings package introduced in January 2012 by Kraft Foodservice, is designed to deliver maximum yield with greater ease. Made from flexible yet durable plastic, the YES Pack allows operators to easily squeeze out up to 99% of the dressing inside without creating any inconvenient mess for the user. The

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High Expectations for Cigarettes

While there are those who would like to see cigarettes go up in smoke, c-store operators can rest assured that this critical category will continue to be ablaze with activity. “Among the trends I see for 2012 is that there is going to be continued or heightened competition among the second tier brands,” said Bonnie

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Casey’s Expands Into Kentucky

Casey’s takes on a 12th state as it prepares to break ground on its new Kentucky store. Casey’s General Stores Inc. has announced that the company has completed its final due diligence and will break ground on its first site in Kentucky later this month. This store will be located in Cadiz, Ky. and will

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Kroger Creates Director of Sustainability Position

Kroger Co., the Cincinnati-based operator of 791 convenience stores, 1,100 supermarket fueling stations and 2,435 grocery stores, has hired Suzanne Lindsay as director of sustainability, a new position leading the grocer’s sustainability initiatives. Lindsay, who previously created and led the sustainability efforts at PetSmart Inc., will lead Kroger’s Sustainability Leadership Team. “We have made substantial

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Bullish Geopolitics Overpower Bearish Gasoline Demand

By Brian L. Milne, Refined Fuels Editor, Telvent DTN The Energy Information Administration’s (EIA) U.S. average price for regular grade gasoline spiked to a $3.721 gallon 8-1/2 month high on Feb. 27, and is poised for a further advance despite mixed wholesale costs in early March. Retail prices have never been this high this early

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Susser Holdings Reports Q4 And 2011 Results

“Our newly built stores continue to perform very well, and as a result, we plan to increase our overall capital budget in 2012 to accelerate new store construction to a planned 25-30 stores,” says Susser Holdings CEO. Susser Holdings Corp. reported strong financial and operating results for the fourth quarter and full fiscal year 2011.

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Free Money For Energy Efficiency

By Ali Farsai Savvy owners realize that on their utility bill, they are paying for energy efficiency in the form of utility taxes and fees.   If you are paying to subsidize a program, you should also take advantage of its benefits before they run out of funding. Funding on all energy efficiency programs are

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MACS Donates $10,000 To Fight Hunger

Grant helps food bank distribute 50,000 meals. In partnership with the BP “Fueling Communities” program, Mid-Atlantic Convenience Stores (MACS), presented a check of $10,000 to FeedMore’s Central Virginia Food Bank, NACS reported. The grant is intended to help the food bank distribute 50,000 meals to the one-in-seven residents in central Virginia who live in food-insecure

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Speedway To Acquire 88 Gas America Locations

“They are very well-managed stores that will complement our existing network,” says Speedway spokesperson. Speedway LLC and GasAmerica Services Inc. have signed an agreement in which Speedway will acquire 88 operating locations situated throughout Indiana and Ohio from GasAmerica, plus several parcels of undeveloped real estate for future development. “GasAmerica Services, Inc. has been a

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NACS CAFÉ Helps Identify Foodservice Solutions

Certified foodservice managers have shown that they are competent and disciplined, and they tend to display outstanding human resources management skills. By Dr. Nancy Caldarola, Education Director, NACS CAFÉ Foodservice has taken a prominent place in convenience stores. This segment has grown from a humble cup of coffee to a wide array of fresh sandwiches,

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Coulson Oil Buys Two Arkansas Convenience Stores

While it usually leases properties to independent operators, Coulson Oil plans to operate its newly acquired stores. After years of supplying gasoline, North Little Rock, Ark.-based Coulson Oil Co. has purchased two convenience stores in the Texarkana, Ark. area, marking a new direction for the company, which chiefly sells fuel, Arkansas Business Online reported. The

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Local Store Marketing: Product Sampling

By: John Matthews, founder and president of Gray Cat Enterprises Inc. If you feed them, they will come…. One of the most successful local store marketing (LSM) tactics to build into your daily operations is a sampling strategy for your products.  If your retail establishment is foodservice, your customers will want to taste the product.

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Robin Oxford Joins NACS

NACS welcomes new director of political affairs. Robin Oxford has joined NACS as its director of political affairs. In this position, Oxford will be responsible for all elements of NACSPAC, the political action committee representing the convenience and fuels retailing industry, and will handle all day-to-day operations and strategic initiatives designed to maximize the NACSPAC’s

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C-Store Count Grows 1.2%

Today there is approximately one c-store per 2,100 U.S. residents. The U.S. convenience store count increased to a record 148,126 stores as of Dec. 31, 2011, a 1.2% increase (1,785 stores) from the year prior, according to the latest NACS/Nielsen Convenience Industry Store Count. The convenience retailing industry has seen remarkable growth over the last

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TETCO Donates $206,385 To JDRF

TETCO has gifted more than $800,000 to the nonprofit since 2005. TETCO has donated $206,385  to The Juvenile Diabetes Research Foundation (JDRF), South Central Texas Chapter, to help support the organization’s continued quest to find a cure for type 1 diabetes, a life-threatening auto immune disease. “TETCO has been such an amazing partner with JDRF

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