With fuel costs again on the rise, a fleet card network can attract new business while offering fleet managers the safety, security and reporting tools they need to be successful. By Howard Riell, Associate Editor. Fleet cards are a nice piece of business for c-store operators. But the key to keeping that business growing is
By John Matthews, founder and president of Gray Cat Enterprises Inc. It is time to create a stir. Some excitement. Some passion. Go ahead, pound your chest a bit. It is time to make yourself known. It’s Showtime! All too often, store operators – after their grand opening—sit back and wait for the phone to
As Terrance Marks steps down on Oct. 5, Edwin Holman, chairman of the Pantry’s Board, to take the helm as CEO. On Sept. 14, 2011, the Board of Directors of The Pantry Inc. appointed Edwin Holman to act as interim CEO, effective Oct. 5, 2011, the date of resignation for the current CEO Terrance Marks.
The former Chevron and Conoco-branded sites, once operated by Ever-Ready Oil, are acquired by two regional operators. In a deal valued at more than $15 million, San Diego-based Trigild Inc., in tandem with Dallas-based brokerage firm Annandale Real Estate, has closed the sale of a portfolio of 30 Albuquerque, N.M., area gas station/convenience stores once
The recent New York ban on Four Loko, a drink that contain 12% alcohol and as much caffeine as three cups of coffee, reportedly has many c-store owners and parents in the state breathing a sigh of relief. Four Loko, which is geared toward young adults, has been blamed for several deaths over the last
The Kroger Co. has promoted Jeffrey Burt to Group Vice President of Perishables Merchandising and Procurement. Burt previously served as vice president of Deli/Bakery Merchandising and Procurement for the company, a position he has held since 2004. Prior to that, Burt held leadership roles at QFC, the Kroger division based in Seattle. Burt began his
Coinstar Inc., a provider of automated retail, has appointed Mary Leonard to chief performance officer and member of the Coinstar executive management team. Leonard previously served as senior vice president of operations for redbox, a wholly-owned subsidiary of Coinstar. Reporting to Gregg Kaplan, president and chief operating officer of Coinstar Inc., Leonard will replace retiring
Tri-State Petroleum Corp., a family-owned convenience store operator and wholesale distributor of motor fuels in Ohio, West Virginia and Pennsylvania, has hired an experienced human resources professional to lead HR initiatives for the company’s 215-plus employees. David Denham brings more than 25 years of high-level experience as a human resources director to his new position.
NACS announced the election of five retail members to serve on its Board of Directors. The new Board members assumed their positions during the NACS Board of Directors meeting at the NACS Show in Atlanta this week. The NACS retail members elected to serve on the Board of Directors are: * Rahim Budhwani, CEO of
NACS announced the election of its 2010-11 Executive Committee during its Board of Directors meeting at the NACS Show in Atlanta this week. Jeff Miller, president of Norfolk, Virginia-based Miller Oil Co. Inc., was named the association’s 2010-11 chairman of the board. Miller also chairs the NACS Executive Committee, which provides strategic direction and financial
Lynn Elsenhans, Sunoco’s CEO, told analysts she hopes to expand the company’s profitable retail business by ramping up its convenience-store offerings, Philadelphia Inquirer reported. “An area of opportunity for us to unlock even more value out of our real estate is by changing our mind-set from a fuels retailer that also sells some convenience items,
Coinstar Inc. has hired Raquel Karls, a human resources and organization development leader, to fill the position of chief people officer. Karls starts her new role this week reporting to president and chief operating officer Gregg Kaplan. “We are delighted to have found an individual of Raquel’s caliber and experience to lead this very important
Sunoco Inc. has announced that Frederick “Fritz” Henderson has joined the company as a senior vice president to help prepare for the previously announced separation of SunCoke Energy from Sunoco. Henderson, 52, former president and CEO of General Motors, now is set to be chairman and CEO of SunCoke Energy upon completion of the separation.
Mid-Atlantic Convenience Stores (MACS), an investment platform backed by Catterton Partners, a consumer-focused private equity firm in North America, has acquired 58 convenience stores/fuel stations, located in Northern Virginia and Maryland, from Exxon Mobil Corp. Terms of the transaction were not disclosed. MACS is a convenience store operator in the Mid-Atlantic region and one of
If you’re confused on the myriad of FDA tobacco regulations, you’re not alone, and help is on the way. The FDA’s Center for Tobacco Products has announced the dates, times and locations of four additional retailer training sessions on the new federal tobacco regulations. These training sessions are scheduled in Atlanta, Georgia, Chicago, Illinois, Dallas,
NRC Realty & Capital Advisors LLC has been retained in the sale of nine operating and former convenience stores and commercial land sites currently in foreclosure. The sites are located in Riverside, Rohnert Park and Sebastopol, Calif.; Harrington and New Castle, Delaware; and Belleville, Gap, Waynesburg and York, Pennsylvania. NRC represents the secured creditor and
John Hervey, a former NACS employee and PCATS executive director, with a long and distinguished career in the convenience and petroleum retailing industry passed away on Aug. 5. Hervey’s 40-year-plus career began at Mobil Oil Corp., where he served in a variety of capacities for 25 years, including providing retail automation solutions for its 1,000-plus
The slew of new regulations governing the sale of tobacco products has convenience store operators scratching their heads and wondering where the next assault will come from and what to do about it. For example:• The federal Prevent All Cigarette Trafficking Act (PACT Act) went into effect on June 29, 2010. Its goal is to
BP officially announced today that Tony Hayward is stepping down as CEO and being replaced by Robert Dudley effective Oct. 1, the Associated Press reported. As an American, Dudley marks BP PLC’s first ever non-British chief executive, the company said as it reported a record quarterly $17 billion loss and set aside $32.2 billion to
BP’s Tony Hayward, whose blunders in relation handling the oil spill in the press have created an outcry, is on his way out as CEO, a U.S. government official told the Associated Press. The senior U.S. official who spoke on condition of anonymity because an announcement had not been made, told the Associated Press he
The Florida Petroleum Marketers and Convenience Store Association (FPMA) has accepted the resignation of its president and CEO, Jim Smith. Smith, a member of the FPMA Hall of Fame, was active in the association as both a marketer member and its chief executive for over 30 years. “Jim has been one of the strongest advocates