VP Racing Fuels is in the process of creating alternative branding solutions for the retail industry. VP hired both Bryan Noonen and Matt Schuster to be regional mangers of branded wholesale business development because of their background on branding. VP expects to leverage the valuable industry expertise Noonen and Schuster acquired at past companies to…
Rutter’s Gets New Pricing Solutions
Rutter’s Farm Stores integrates PriceAdvantage and OpenStore from the Skyline Products line to make smarter fuel pricing decisions. Rutter’s Farm Stores added PriceAdvantage and OpenStore to improve fuel price management and media marketing. The integration of PriceAdvantage and OpenStore help synchronize gas pricing across Rutter’s store POS, fuel pumps, electronic price signs, mobile apps and…
The Economy Cuts Both Ways on Gasoline
By Brian L. Milne, Refined Fuels Editor, Telvent DTN Retail gasoline prices continue to decline as a host of bearish issues arise, while talks this week with Iran and the permanent five members of the United Nations Security Council plus Germany offer the prospect of further easing in the likelihood from this year’s greatest threat…
Service to the Fleet
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…
Missouri Proposes Rule to Warn Customers About Gas Price Increase
State lawmakers in Missouri are kicking around a proposal that requires convenience stores and gas stations to tell customers before the enact fuel price changes. This proposal is from a republican state rep from southwest Missouri, Ray Weter, according to St. Louis (Mo.) Today. The proposal would require fuel distributors to tell the stations in…
Wholesale Gasoline Costs Climbing on RVP Switch, Iranian Export Decline
By Brian L. Milne, Refined Fuels Editor, Telvent DTN Retail gasoline prices, with regular grade averaging at a 10-month high of $3.867 gallon nationally per the Energy Information Administration’s (EIA) latest weekly release, is set to continue higher, with several analysts projecting a $4.10 to $4.15 gallon average before a retreat in pump prices. Throughout…
Clark Brands Grows West
Marketer is expanding its footprint beyond legacy states as it signs on independent operators. By Erin Rigik, Associate Editor Clark Brands LLC is pursuing an aggressive growth strategy in 2012, expanding from the Dakotas to Texas, from New Mexico to Michigan and all points in between, as more fuel marketers elect to join the Clark…
Climbing Gasoline Costs to Push Up U.S. Retail Average
By Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline costs were mostly higher across major metropolitan markets in the United States for a second straight week, which should reverse the decline in retail prices, while fuel issues impacted drivers in Minnesota and North Dakota earlier this month. Kwik Trip said 13 of its…
Effectively Managing the Fuel Market
As gasoline prices trend upward, retailers are struggling to stay competitive on price while protecting their margin. By John Lofstock, Editor. The cost of fuel has been roaring up and down like a rollercoaster, and so has the risk to retailers when purchasing fuel in large quantities. Fortunes can be made by accurately predicting which…
Instant Rewards for Fuel Customers
With gas prices again on the rise, consumers are pumped about loyalty programs that offer discounts on gasoline. By Pat Pape, Contributing Editor. Today’s competitive retailing environment makes it tough to attract and keep customers, so convenience stores are turning to loyalty programs that allow the faithful to earn points as they shop and redeem…