By Brian L. Milne, Refined Fuels Editor, Telvent DTN Retail gasoline prices are moving higher across most of the country as Americans finalize travel plans for the Thanksgiving holiday. AAA expects a 2.1% increase in automobile travel of 50 miles or more from home with this year’s holiday compared with 2008, projecting 33.2 million…
7-Eleven Expands in North Texas
Dallas-based 7-Eleven is adding 75 more stores n North Texas over the next three years, the Dallas Business Journal reported. The move is part of the company’s fast-track plan—spurred by opportunities that arose due to the commercial real estate downturn— to add 550 stores nationwide and about 4,000 worldwide during the next three years,…
Quick Chek to Offer Free Coffee on Black Friday
Quick Chek is offering free coffee on Black Friday, the day after Thanksgiving, for the second year in a row, through its promotion “Joe to the World,” reported NJBiz.com. The family-operated company headquartered in Whitehouse Station, N.J. has more than 120 retail locations throughout New Jersey and New York and is hoping to…
Coca-Cola Looks To The Future
At its first 2020Vision meeting since 1998, Coca-Cola CEO Muhtar Kent said the company will more than double revenue to $200 billion by 2020, from $95 billion in 2008, Advertising Age reported. The meeting took place last week with analysts and journalists. Coca-Cola laid out its goals concerning profit, people, portfolio, partners, planet…
Annual Survey Shows Small Businesses Optimistic
Some 52% of small businesses participating in the fifth annual Small Business Holiday Outlook Survey by Constant Contact reported that they expect holiday sales to increase compared to last year. This statistic marks a large increase over last year, when less than one-third of survey responders were similarly optimistic. More than 35%…
Southside Oil Buys 172 Exxon Station
Chester-based Southside Oil LLC has made a move to more than doubled it’s retail operations by acquiring 172 Exxon retail gasoline stations, mostly in Maryland, the Richmond Times-Dispatch reported. Southside Oil is a wholesale gasoline distribution company owned by Steven and Linda Uphoff, who also operate 42 Uppy’s Convenience Stores Inc. locations in…
NACS Responds To GAO Study on Credit Card Fees
The National Association of Convenience Stores (NACS) responded to the release of the U.S. Government Accountability Office (GAO) report, “Credit Cards: Rising Interchange Fees Have Increased Costs for Merchants but Options for Reducing Fees Pose Challenges.” “The GAO confirmed key problems that we have raised about credit card interchange fees, also known as ‘swipe’…
Uppy’s C-stores Honored
Chester, Va.-based Uppy’s Convenience Stores Inc. received the Greater Richmond Chamber’s Impact Award during the chamber’s annual dinner at the Greater Richmond Convention Center on Thursday, the Richmond Times-Dispatch reported. The award is given to a for-profit company that has expanded its sales and number of employees, demonstrates innovation, offers a quality work…
Ballot Could Poll Colorado Residents on Alcohol Sales
A ballot initiative is on file with the state of Colorado may give residents a chance to allow full strength beer and wine to be sold at grocery and convenience stores in the state, KRDO News reported. Currently, grocery and convenience stores can only sell beer with an alcohol content level of 3.2%. …
Hunt Brothers Pizza Welcomes New VP of Marketing
Hunt Brothers Pizza has announced the addition of Keith Solsvig as its new vice president of marketing. Solsvig brings more than 15 years of marketing experience, including eight years of success in the convenience store industry. “Keith has extensive experience in our niche market of convenience stores and has strategic marketing skills that…