Smoking Everywhere, a distributor of electronic cigarettes has agreed to cease sales in the State of Oregon, following a lawsuit settlement, the Miami Herald reported. Oregon last year became the first state to go to court to attempt to block the sale of the devices. Attorney General John Kroger said Smoking Everywhere did not seek…
Rutter’s Farm Stores Named CSD’s Chain of the Year
Exceptional leadership, great stores and unsurpassed customer service are the hallmarks of the convenience store industry’s extraordinary chains. Following these guiding principles, Convenience Store Decisions is proud to announce Rutter’s Farm Stores as the 2010 Convenience Store Chain of the Year. At a time when many industry marketers are struggling with exorbitant credit card fees…
Mail Order Cigarette Ban Upheld
Seneca cigarette businesses cannot ship cigarettes through the U.S. Postal Service, according to a federal district court ruling last week. Judge Richard Arcara upheld the mail-order ban contained in the Prevent All Cigarette Trafficking (PACT) Act but temporarily exempted more than 140 Seneca-owned businesses from a provision requiring them to comply with all taxing laws…
Walgreens Competes With Chicago C-stores on Food
Walgreens today is unveiling its new expanded food selection in several Chicago communities identified as food deserts, or areas that lack access to basic foods necessary to maintain a healthy diet. Walgreens has redesigned 10 of its stores on Chicago’s South and West Sides to include more than 750 new food items including fresh fruits…
Susser Reports Q2 Results
Susser Holdings Corp. posted a second-quarter loss on debt-refinancing impacts but also reported stronger merchandise and fuel sales. Its same-store merchandise sales for the second quarter of 2010 increased by 3.1%, compared with growth of 2.5% in the first quarter of 2010 and 4.6% in the second quarter of 2009. Retail merchandise margin increased to…
Casey’s Completes Financing for Recapitalization Plan
Casey’s General Stores Inc. has completed a private placement for $569 million of 5.22% senior unsecured notes due 2020. Casey’s plans to use the net proceeds from the offering to finance its previously announced recapitalization plan set to be executed through a modified “Dutch auction” self tender offer for up to $500 million in value…
7-Eleven and Slim Jim Sponsor SummerSlam
7-Eleven and Slim Jim are set to be co-presenting partners of World Wrestling Entertainment’s annual SummerSlam pay-per-view on Sunday, Aug. 15 at 5pm PT/8ET at the Staples Center in Los Angeles. SummerSlam weekend kicks-off Thursday, Aug. 12, and includes a two-day fan extravaganza: SummerSlam Axxess, at Nokia Plaza at L.A. Live, sponsored the National Guard.…
CSC Teams With Haskel Thompson & Associates
Haskel Thompson & Associates has welcomed Convenience Store Coaches as a Strategic Alliance Program member. Convenience Store Coaches Inc. (CSC) is a training and consulting firm specializing in human capital optimization within the petroleum/convenience industry. CSC helps organizations achieve greater financial results by optimizing store operator, store employee and store supervisor job performance; transforming…
Valero Selects Spacenet as a Broadband Provider
Valero has added Spacenet to serve as a provider for its broadband network managed services and offer connectivity to its nationwide branded wholesale locations. Spacenet Inc., is a wholly owned subsidiary of Gilat Satellite Networks Ltd., and a provider of broadband network solutions. Valero, an independent refiner in North America and a retail operator with…
Rally in Wholesale Gasoline Prices Hits Wall
By Brian L. Milne, Refined Fuels Editor, Telvent DTN When gasoline prices at the pump spike, consumers should realize that theses daily and weekly changes are muted when considering the extraordinary volatility in the wholesale market. This risk is primarily borne by wholesalers and retailers that look to more gradually pass on these costs to…