John-NYC-238x300

Relocating A Store

By: John Matthews, founder and president of Gray Cat Enterprises Inc. The lease is up at your existing location, and the new center down the street is happening. The thought of relocating your business is daunting—when will you find the time and will you lose customers? An important decision faces your brand—do you relocate your

John-NYC-238x300

Facility Management

By John Matthews, founder of Gray Cat Enterprises Inc. It was the situation that everyone dreads. Out of the blue, the anxiety-filled request was made—the CEO had summoned me to his office. Thoughts raced through my head—mostly bad thoughts, mind you—of why I was being asked to join him and the COO in an impromptu

BP Image 88

BP Sells Its Carson Refinery And ARCO Retail Network To Tesoro

“As an established refiner and marketer, Tesoro provides a strong future for the business and for its employees,” says Iain Conn, chief executive of BP’s global refining and marketing business. BP reached an agreement to sell its Carson, Calif., refinery and related logistics and marketing assets to the Tesoro Corporation for $2.5 billion in cash

Cleveland-Browns-Logo

Pilot Travel Centers President In Talks To Buy Stake In NFL Team

James Haslam III considers an investment in the Cleveland Browns. The president of Pilot Travel Centers LLC, James Haslam III, who is also a part owner of the Pittsburgh Steelers, is reportedly in talks with Cleveland Browns Owner Randy Lerner to buy part of the National Football League team, Bloomberg reported. Pilot Travel Centers LLC

Gold-dollar

I.C. Pit Stop Strikes Gold

I.C. Pit Stop, a c-store in eastern Iowa, makes profits  buying gold from local consumers. The I.C. Pit Stop has bought gold for just over a year now, and so far, the business has been a success. Mark Paterno, owner of the c-store, said he gets a customer willing to sell gold products almost every

John-Blue-Shirt-Jeans-202x300

“If It Were Your Money…….”

By John Matthews, Founder, Gray Cat Enterprises. Back in my twenties, I worked for a growing pizza chain, Little Caesar Enterprises, with a career that spanned nearly a decade. Little Caesars, at the time I joined was a 1,300-store, $700 million company and over the first five years of my stint there, had grown to

bpstation

BP Community Scholarship Program Celebrates 25th Anniversary

More than $2.5 million in scholarships have been awarded since the program’s inception. Over the past 25 years, New York and New Jersey area BP station owners have provided over $2.5 million in scholarships to more than 1,700 promising students. This year, 185 local BP station owners will present a BP Fueling Communities grant donation

CWC-Counter_Deli_00311

Doing Deli the Right Way

Convenience store operators have plenty of help when it comes to investing in a foodservice program. By Jim Callahan. I recently read that China’s convenience stores are experiencing double-digit growth in deli sales primarily driven by hot dog sales. But let’s be frank, nobody does hot dogs better than Americans. From the quality of the

7eleven_logo

Breaking News: 7-Eleven Acquiring Open Pantry

7-Eleven Inc. is in negotiations to acquire most of the Open Pantry Food Marts of Wisconsin chain, a move that would give the c-store behemoth with 6,800 stores across the U.S. a foothold in Wisconsin, where it currently has no stores, the Milwaukee-Wisconsin Journal Sentinel reported. 7-Eleven has reportedly applied for licenses for Open Pantry locations

ATLAS

Atlas Oil To Distribute TankShield

“This product will give customers peace of mind and protect both their fuel and their profits,” says Atlas Oil spokesperson. Fuel theft from above ground tanks is becoming a growing problem in these tough economic times. To address this issue, Atlas Oil Co. has partnered with Burlingame Industries to distribute TankShield, an innovative fuel theft

dunkin2

Dunkin’ Donuts Opens Eight Restaurants in Des Moines

Franchise opportunities still available in Sioux City and Ottawa, Iowa, as well as in Lincoln and Omaha, Neb. Dunkin’ Donuts has signed a multi-unit store development agreement with sister and brother franchisee team, Lori Kelderman High and Jeff Kelderman, for eight new restaurants in Des Moines, Iowa. Two restaurants are slated to open in 2013 and

stripes

Susser Accelerates Store Building Program in 2012

About 25-30 new Stripes convenience stores planned for next year. Susser Holdings Corp. plans to accelerate its new retail store building program in 2012, with an estimated 25-30 Stripes convenience stores expected to be built next year. “Our plan to pick up the pace of new store building next year reflects the strong traction our

tax

Tax Savings After the Deadline

With operating costs soaring in a sluggish economy, convenience store owners have a variety of tax benefits available to them from the IRS.  By Mark E. Battersby, Contributing Editor. Earlier this year, the Internal Revenue Service advised taxpayers to cool their heels and wait until mid- to late-February 2011 before filing their returns to allow

Healthful Food Choices A National Issue

 In his FY 2011 budget proposal, President Barack Obama addressed the need for bringing healthy food options to underserved communities by calling for more than $400 million in investments in new and expanded supermarkets, farmers markets and other food stores. The public-private grant and loan program would dramatically reduce the roughly 23 million Americans who

Dual Branding Strategy Drives Chevron

It’s been a challenging couple of years for convenience store operators, marked by wild fuel price fluctuations and exorbitant credit card fees. Despite the adversity, Chevron stood apart as one of the premier industry leaders. By advancing its Image Refresh program at ExtraMile convenience stores, growing the Texaco brand and introducing a no-fee credit card

Managing Today’s Retail Workforce

Because major shifts in the economy have created unparalleled effects on the labor market, Convenience Store Decisions and Humetrics Inc. collaborated on our first ever human resources study in order to help convenience store owners understand the actions those in our industry are taking–or planning to take–in the coming months. An in-depth survey asked more

Summer Fuel Outlook

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Understanding the market movements for energy commodities in 2009 has become complicated. The old way of looking at the market through the lens of supply and demand seems to hold less relevance. Now, broad-based economic indicators are overruling an inventory buildup or a slump in demand.

Construction Investments Slowing

It’s costing more than ever to build new convenience stores, according to the NACS’ 2009 State of the Industry report. This news comes at a time when the economy is dragging down sales and profits. As a result, operators face a crucial challenge as they try to grow business organically: build or renovate? The answer

C-stores Poised for Huge Growth Through 2013

In the midst of a cavalcade of negative news about the down economy, RNCOS Inc., a research firm, offers some positive news for c-store operators. The firm found that with help from increasing motor fuel and in-store sales, the U.S. c-store industry is expected to skyrocket in growth between 2009 and 2013. In it’s newly

Focused on the Franchise

BP At a Glance BP is one of the largest integrated oil companies in the world, with an estimated global market share of around 3% of oil & gas production and 4% of refining capacity in the major global markets in which it operates. Its U.S. retailing brands are BP, ARCO and ampm. Global sales:

Demographics Driving Cold, Frozen Sales

From movie promotions at 7-Eleven to new flavors, the cold and frozen category is generating some excitement despite the presence of chilly temperatures in many parts of the country. Actually, where you live may well play a large part in what customers want to see in your cold dispensers.  Mike Thornbrugh, manager of public affairs

How Foodservice Impacts Profits

Dennis Peters has no complaints about the proprietary fresh chicken program at two of his 24 Friendship Foods stores in Ohio. It’s popular, it’s profitable and it’s been a proven concept for the past 12 years. Well, maybe there’s one complaint. It’s a little too fresh. Not “peck-you-on-the-hand-when-you-grab-it” fresh, but certainly fresh enough to see

Reaching Your Target Audience

When times are good, you should advertise. When times are bad, you must advertise. There’s no doubt we’re trudging through some tough times—it’s been this way for at least the past year. And there’s certainly no “crystal ball” to tell us when it’ll all be over. We might pull out of this down cycle sooner

7ads6x98ycss.php