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…
EZ Energy Sells 18 Stations in Lease-Back Deal
The land at two of the gas stations must be purchased before EZ Energy can complete the sale. EZ Energy Ltd., owner of Easy Trip stores, has sold 18 gas stations in the U.S. for $24.5 million in a sale and lease-back deal. The buyer will lease back the properties to EZ Energy USA Inc.…
Retail Trends for 2012
As technology continues to change the way we do business, retailers must weigh the benefits of being ahead of the curve versus the risks, and the disadvantages of falling behind. By Erin Rigik, Associate Editor. In a scene from the futuristic movie “Minority Report,” Tom Cruise’s character walks through a shopping mall while 3-D screens…
EZ Energy USA Announces New Hires
EZ Energy has announced a number of new hires and promotions. • Joe Schag has been promoted to controller. Schag has been with EZ Energy for four years in several positions, and most recently held the position of internal audit manager. • Tiffany Konkol joins EZ Energy as the payroll and treasury specialist. Konkol brings with…
EZ Energy Announces New Hires
From chief financial officer to marketing category manager and support center assistant, EZ Energy introduces new faces to its team. EZ Energy is welcoming a number of new employees, including Michael Paull as vice president & chief financial officer. During his 21+ years of corporate finance and accounting experience, Paull has worked in multiple industries…
EZ Trip Supports U.S. Soldiers and Their Families
“We here at EZ Energy understand that for those military families who have loved ones deployed in the theater of war, supporting their soldier(s) is the most important thing in their lives…and that support is constant – 24/7,” says EZ Energy spokesperson. Convenience retailer EZ Energy USA Inc. has teamed up with Support U.S. Armed…
Positive Outlook for Carbonated Beverages
Carbonated soft drink sales dipped in 2010, but are expected to show positive growth in 2011. “Because the economy is better and products like Coke Zero have done well with customers, we are predicting 2.3% growth in 2011 for carbonated beverages,” said Garima Goel Lal, senior consumer analyst for Mintel International. Overall sales of carbonated…
Calming the Beverage Storm
As marketing category manager for Mansfield, Ohio-based EZ Energy USA Inc., Deb Davis oversees the beverage category and makes the critical call as to which products head to the cooler, and which don’t make the cut. Having just finished meeting with soda vendors to finalize the 2010 soda contracts, Davis is now busy overseeing beer…
Names to Remember
August is always one of my favorite issues of the year. It’s the month we get to profile convenience store “Chains to Watch” for the next 12 months. This year we’ve focused in on two outstanding chains, Stripes, a division of Susser Holdings in Corpus Christi, Texas, and EZ Energy, a rapidly growing operator based…