“Traffic through our stores remains brisk, and we saw increased sales across all of our key categories,” says Susser Holdings Corp. president and CEO. Susser Holdings Corp. has reported strong financial and operating results for the quarter ended April 1, 2012. Same-store merchandise sales increased by 6.7%, compared with growth of 5.6% a year earlier. …
QuikTrip Corp. Named To Fortune’s “100 Best Companies” List
Some 45 new QuikTrip stores in 10 states are set to debut in 2012. QuikTrip Corp. has made Fortune magazine’s list of the “100 Best Companies to Work For” for the 10th straight year. The company ranked No. 66, down from No. 34 in 2011. “It’s humbling, very humbling if you think about the amount…
7-Eleven To Introduce ATM Advertising
Advertising is coming to ATMs in 7-Eleven stores. Cardtronics plans to launch advertising on approximately 2,200 of its Vcom financial kiosks located in 7-Eleven stores in the U.S., on the heels of offering third-party advertising on about 800 ATMs operated by Bank Machine, Cardtronics’ United Kingdom subsidiary. Cardtronics signed a multi-year agreement with i-design, the…
Pettit Oil Becomes Voyager Channel Partner
Tacoma, Wash.-based Pettit Oil and U.S. Bank Voyager Fleet Systems Inc., a provider of universal fleet fueling and maintenance cards, have joined forces through U.S. Bank’s Voyager Channel Partner Program. Pettit Oil will begin issuing co-branded fleet cards for its customers to use at its retail locations in western Washington and at any of the…
Couche-Tard Quarterly Profit Down 23%
Alimentation Couche-Tard announced today that despite rising revenue, its quarterly profit dropped 23% due to lower U.S. gasoline margins, Reuters reported. Couche-Tard, North America’s second-biggest convenience store chain, operates more than 5,400 convenience stores, with some 3,600 of those also selling gasoline. The company earned $54.8 million, or 29 cents a share, in its third-quarter,…
The Pantry Inc. Posts First Quarter Loss
The Pantry Inc. has reported a wider-than-expected first-quarter loss, due to below-average fuel and grocery margins, Reuters reported. For the first quarter ended Dec. 24, the company posted a net loss of $26.1 million, or $1.17 a share, compared with a profit of $38.5 million, or $1.73 a share, last year. Excluding 90 cents…