Company prepares to spin off fuel stations. Valero Energy Corp.’s board of directors has given the official OK for the company to sell or spin off its network of fuel stations, which could be worth as much as $2.8 billion, Businessweek reported. Spinning off the retail business is one of many moves CEO Bill Klesse…
Shell, Rainbow Help Customers Save With FuelPerks!
Customers who use their Roundy’s Rewards Card at Rainbow stores can redeem fuelperks! Rewards at local participating Shell stations. Roundy’s Supermarkets Inc. has teamed with Shell to give Roundy’s Rewards Cardholders the opportunity to redeem their fuelperks! Rewards at participating Shell stations in Minneapolis and St. Paul. Savvy consumers who use their Roundy’s Rewards Card…
Rotten Robbie Partners With OpenStore by GasBuddy
“The c-store industry is shifting to accommodate the on-the-go customer with mobile coupons, quick alerts to phones, and creating numerous portals to communicate and build loyalty with customers,” says president of Robinson Oil. Rotten Robbie, an independent private brand operator of 34 fueling stations and c-stores throughout the San Francisco Bay area, works hard to…
Sunoco Reports Q3 Losses
“Market conditions continue to pose challenges for our refining and supply segment and, while the refineries’ operational performance improved during the third quarter with crude utilization averaging 90%, the segment reported another loss,” says Sunoco CEO. Sunoco Inc. has reported a net loss attributable to Sunoco shareholders of $1,096 million ($9.62 per share diluted) for…
Pilot Flying J Opens New Travel Center
“The travel center will serve this community through products and services as well as contribute to the local economy through jobs and tax revenue,” says Pilot Flying J CEO. Pilot Flying J recently opened a newly acquired travel center in Collins, Mo., and will remodel the Pilot Travel Center to feature full amenities for professional…
Tesoro Acquires 290 Locations
As Supervalu divests stores, Tesoro plans to buy 51 Albertson’s Fuel Express stations, in addition to leasing 241 sites from Thrifty Oil Co. Tesoro Corp. is set to grow its fleet of retail stores by 25% with the acquisition of about 290 locations from Supervalu Inc. and Thrifty Oil Co. “The combined purchase and lease…
Pilot Flying J Offering Largest Network of DEF
“More pumps, more locations and more savings will make life easier for drivers everywhere,” says Pilot Flying J executive vice president. Pilot Flying J now offers Diesel Exhaust Fluid (DEF) at the pump at more than 600 fueling lanes at 135 nationwide locations, providing customers with the industry’s largest network of DEF at the pump.…
Mid-Atlantic Acquires Exxon Sites
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…
3,000 California Stations Order To Remove Latches
The California state fire marshal has ordered about 3,000 gas stations-one-third of all stations in the state-to remove the latches on gas nozzles that allow people to fill up their tanks while keeping their hands free by Oct. 15, the Associated Press reported. The mandate was put in place after the hold-open latches on at…
Kum & Go Acquires Two Sinclair Stores
Kum & Go L.C., has acquired two Sinclair fuel stations-one in Boulder, Colo., and one in Omaha, Neb. This marks Kum & Go’s first store in Boulder and its 19th store in the Omaha area. “The company is ecstatic to open our first store in Boulder,” said Kyle Krause, president and CEO of Kum &…