This past June, Seibert’s fueling stations was able to donate over $6,000 to the Richmond Mayor’s Youth Academy, giving the education and youth-based program more support for mentoring and training local children for post-secondary education or vocation. Now, with the support of BP’s “Fueling Communities” Program, the Richmond, Va.-based fuel wholesale, service station, towing and…
Retail Gasoline Prices Extend Lower Trend
By Brian L. Milne, Refined Fuels Editor, Telvent DTN On Monday (12/12), the Energy Information Administration (EIA) reported the fourth consecutive weekly decline in its regular grade gasoline average, which fell 1.6 cents from the prior week to $3.274 gallon. That’s a nearly 10-month low in the average, although its 10% higher than during the…
Lower Gasoline Costs Moving Through Downstream Markets
By Brian L. Milne, Refined Fuels Editor, Telvent DTN Most wholesale gasoline costs countrywide are moving lower as we march toward the end of the third quarter, with the current decline consistent with its historical pattern of falling prices as demand eases from the summer peak and production costs decrease with the transition to winter-grade…
Steep Losses in Wholesale Gasoline Costs Trimmed
Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline costs mostly moved higher through the week-ended Monday (8/15) in major metropolitan markets across the U.S., paring steep declines incurred earlier in August amid heavy selling that had gripped markets of all stripes, and reached the panic level at some points. Macroeconomic signals continue to…
Attracting and Keeping 18-34-Year-Old Consumers
Do you fully understand your core demographic of 18-34 year old shoppers? Wonder about their price sensitivity toward key products like foodservice and beverages? Join us at the 2011 National Advisory Group (NAG) conference, September 10-13th to hear an exclusive MSA report from its pioneering cciPanel, the consumer research field’s first mobile panel to capture…
The Pantry Partners with Western Union
The Pantry Inc., which operates more than 1,600 convenience stores in 13 states, reached an agreement with Western Union to provide an in-lane money-transfer service, Western Union goCASH, at its Kangaroo Express Stores. The new service enables consumers to pay for a domestic or global money transfer while shopping at more than 1,650 Kangaroo Express…
Are Your Stores Compliant with the Americans with Disabilities Act (ADA)?
Is your chain meeting the rigid ADA compliance standards? Many operators think they, but are not and as a result find themselves facing federal fines and even litigation. Join us at the 2011 National Advisory Group (NAG) conference and hear from M. Bradley Gaskins, a leading accessibility architect who specializes in helping retail operators, including…
National Coalition of Associations of 7-Eleven Franchisees Boosts Charitable Funding
The National Coalition of Associations of 7-Eleven Franchisees announced that it has helped raise nearly $750,000 this year for two of its charitable partners, Hire Heroes USA and the Muscular Dystrophy Association (MDA). Hire Heroes is a non-profit organization offering transition assistance, job search assistance and job placement services to those veterans injured or disabled…
Construction Investments Slowing
It’s costing more than ever to build new convenience stores, according to the NACS’ 2009 State of the Industry report. This news comes at a time when the economy is dragging down sales and profits. As a result, operators face a crucial challenge as they try to grow business organically: build or renovate? The answer…
The Give & Take in Real Estate
Perhaps serendipity has placed Nikki DePhillips in an MBA program at The University of Iowa, a school whose wrestlers are known as some of the greatest in the nation. DePhillips, recently promoted to vice president of real estate at the Iowa-based convenience chain Kum & Go, could probably drop by the Hawkeye wrestling room on…