U.S. convenience stores reached record in-store sales in 2013, with sales climbing 2.4% to $204 billion. Combined with motor fuels sales of $491.5 billion, overall convenience store sales were $695.5 billion, according to figures released today by the National Association of Convenience Stores (NACS). The industry’s 2013 numbers were announced at the NACS State of
Canadian convenience store Alimentation Couche-Tard reported a profit of $146.4-million (U.S.), up 24% for the fourth quarter, driven mainly by acquisitions, but the results came in below analysts’ expectations. In the U.S., Couche-Tard, which owns and operates the Circle K brand, also saw sales increases. Sales at established stores rose 2%, excluding tobacco products. Same-store
Gulf’s iconic orange disk logo begins to appear more throughout major cities in Ohio. Gulf Oil announced a new branded partnership agreement with R&R Takhar Oil Co. returning the motor fuel brand to major Ohio cities for the first time in two decades. R&R Takhar Oil Co., based in the greater-Dayton, Ohio area, plans to
Auto-engineering firm Ricardo Inc. reports that three out of every four vehicles will require a gasoline-type, higher octane fuel to operate a growing list of engine technology options. Automakers will need higher octane fuels to meet the coming increases in fuel economy and reductions in emissions called for by 2025, according to a new study
Gulf Oil has entered a new sponsorship agreement with Major League Baseball’s Baltimore Orioles in time for the Orioles’ home opener against the Toronto Blue Jays, the company announced Friday, April 9. The cornerstone element of the relationship will be new field level signage in right field, which will proudly display Gulf’s iconic orange disc.