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Gasoline Futures Up From Four-Month Low

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Gasoline prices in spot market trading following the Memorial Day weekend were moving higher alongside an advance by gasoline futures known as the Reformulated Blendstock for Oxygenate Blending contract that trades on the New York Mercantile Exchange. Trading has been relatively thin so far in post-holiday

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More Downside for Retail Gasoline Prices

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline costs were mixed in metropolitan markets across the U.S during the final week of April, but retail gasoline prices should continue moving lower in early May. At $3.87 gallon on April 23, the Energy Information Administration’s US average for retail gasoline prices was at

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Wholesale Gasoline Prices Dive Lower on Industry News

Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline prices moved sharply lower during the third week of April, coming under heavy selling pressure as those in the market not hedging liquidated long holdings on growing sentiment that there will be enough supply this summer to avoid a tight market. There were a handful

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Bullish Geopolitics Overpower Bearish Gasoline Demand

By Brian L. Milne, Refined Fuels Editor, Telvent DTN The Energy Information Administration’s (EIA) U.S. average price for regular grade gasoline spiked to a $3.721 gallon 8-1/2 month high on Feb. 27, and is poised for a further advance despite mixed wholesale costs in early March. Retail prices have never been this high this early

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Retail Gasoline Prices at Five-Week High

The U.S. retail price average for regular grade gasoline reported by the Energy Information Administration (EIA) reached a five-week high at $3.299 gallon in beginning 2012, and is set to notch its third straight weekly increase amid higher wholesale costs. Several factors continue to drive gasoline prices higher despite ongoing weak demand, with preliminary EIA

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Gasoline Costs Pointed Up on EU Action, Geopolitical Risk

For the week through Dec. 5 U.S. wholesale gasoline costs mostly increased, while activity in the European Union coupled with heightened rhetoric from Iran are seen pushing gasoline prices even higher. Additionally, Sunoco Inc. announced Dec. 1 that it was beginning to idle the main process units at it Marcus Hook refinery near Philadelphia, Pa.,

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Retail Gasoline Prices Slipping in Front of Thanksgiving

After popping higher by a little more than a penny during the week-ended Nov. 14, the U.S. average for gasoline sold across the country’s retail outlets should resume its downtrend. The Energy Information Administration (EIA) releases its weekly gasoline average late afternoon on Mondays, with the average last reported 1.2 cents higher at $3.436 gallon

fuelnozzle

Wholesale Gasoline Mostly Higher Through Labor Day

By Brian L. Milne, Refined Fuels Editor for Telvent DTN Still feeling the impact from last month’s Hurricane Irene, wholesale gasoline costs in most metropolitan markets across the United States moved higher Labor Day, the celebrated end to the summer driving season. Irene made a rare appearance by a hurricane in the Northeast, impacting the

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Employee Unionization: Is Your Chain Ready?

How versed are you on current labor laws regarding union organizing? Do you know about the rules changes in regulations occurring within the National Labor Relations Board (NLRB) and the Department of Labor? Do you have a strategy plan for maintaining positive employee relations and effective union organizing strategies and tactics? If not, plan on

Mintel Predicts Consumer Trends

As the economy slowing recovers, customers are still adapting.  With that in mind, Mintel has predicted nine key consumer trends for the year ahead, examining how long term behavior has been implicated. In 2011, consumers are living for the long term with attitudes inspired by a changed value set. “The effects of the global economic

3 Rules of Social Media Marketing

Social networks like Twitter, Facebook and YouTube have put the power of the media in the hands of the average citizen. Entrepreneurs, information marketers, and college students have learned that they can be the media for audiences both large and small. They have also learned that the nightly news and the traditional print media will

Tax Planning and the IRS

It is no secret that the Internal Revenue Service (IRS) audits relatively few tax returns. In fact, each year the IRS publishes the figures. The IRS’s own data reveals that slightly more than 1% of all tax returns filed were audited. The audit figures for the almost 10 million business returns filed in fiscal 2009,

Driving Car Wash Profits

Increasing profits at the car wash depends on two tasks: drawing new customers and tempting current customers to increase the frequency of their visits. Determining which tactics will best accomplish these feats is where it gets complicated. Tactics that are working for many in the industry include touting loyalty programs, embarking on water-saving initiatives, participating

Delivering the Goods

Winning Over CPG Customers   According to a new study commissioned by MEI Computer Technology Group Inc., there is an increased emphasis on improving trade promotion effectiveness, as consumer packaged goods (CPG) manufacturers look to bolster the value and return on their trade spend, and capture wallet share from consumers.   Despite the current climate,

Is Your Land At Risk?

The question of eminent domain may sound scary and far fetched, but as a convenience store owner your land could in fact be seized by a municipality. It happens more than you think, said noted attorney William Goldman, who works with landowners facing this threat to ensure they get what they deserve. Goldman, and his

Cutting Down on Cooler Costs

Energy reduction remains an ongoing quest for convenience store operators as they look for ways to cut costs in an effort to improve their bottom lines. Building stores to LEED (Leadership in Energy and Environmental Design) standards and seeking LEED certification is something more chains are pursuing, including Kum & Go, Kwik Trip and Quick

The Keys to Cleanliness

How can you get your employees to excel at a part of the job they probably can’t stand—cleaning the store in general and the restrooms in particular? “It’s a good question, and a never-ending pursuit,” said Tony Bartys, vice president of retail operations and marketing for Valero Energy Corp. in San Antonio. “It’s a challenge,

Wilbur Curtis Co.

Wilbur Curtis Co. Beautifully styled, digitally advanced and financially rewarding, the Wilbur Curtis G3 Concept Series Primo Cappuccino (PCGT) Machine is available in 3-, 4- and 5-head models. With innovative G3 Technology, the Primo Cappuccino allows retailers to digitally control blending and dispensing functions for perfectly blended beverages. With Euro-styled lines and an impressive over-sized

HOSHIZAKI

HOSHIZAKI Hoshizaki America Inc. introduces the KM-650M_H Modular Crescent Cube Ice Machine, producing up to 680 pounds of ice per 24 hours. The slim line modular design is available in air-cooled, remote and water-cooled models. KM-650 Unit is protected by HoshiGuard Antimicrobial Agent within the ice making zone, and complies with all government guidelines. It

Hoshizaki America Inc.

Hoshizaki America Inc. Hoshizaki America Inc. introduces the KM-320M_H Modular Crescent Cube Ice Machine, producing up to 352-lbs. of ice per 24 hours. KM-320 unit is protected by HoshiGuard Antimicrobial Agent, within the ice making zone. The slim line unit also complies with all government guidelines, specifically the new California Energy Commission (CEC) requirement. The

Identifying More Effective Profit Building Strategies

Follett Corp.

Follett Corp. Follett Corp.’s automatic ice bagging and dispensing system, Ice Pro, with up to 1,000-lbs. of ice storage, automatically dispenses cube ice into bags, carts and other receptacles eliminating the need to shovel or scoop ice from the bin. Ice Pro’s easy-to-read controls offer mode selection and variable dispense times. Pins securely hold the

Shure Manufacturing Corp.

  Shure Manufacturing Corp. introduces the Shuresafe Model #670198 Transaction Drawers to the market. The drawers are stainless steel security drawers used for transferring items to and from the operator without opening doors. Use these dual-action pass-thru drawers for small transactions. A center divider maintains attendant security, controls environmental hazards and minimizes noise in the

Dixie Foodservice

Dixie Foodservice Dixie Foodservice is pleased to announce the all new Dixie Java Hot Cup. With the ultimate blend of flash and function, any retail coffee operation will benefit from the latest in eye-pleasing style and packaging technology. The Dixie Java Hot Cup has the strength of ultra-durable side wall construction and reinforced leak-proof seams,

ADVANCE

ADVANCE The Advolution 2710 battery-powered rider burnisher from Advance provides superior gloss and maximum productivity without the emissions or noise associated with propane burnishers. The machine increases productivity with its ride-on capability and extended run-time. The Advolution 2710 rider also utilizes a front steering system, allowing the operator to easily maneuver in congested areas and

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