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The Growing Popularity of Growler Beer

Craft on draft is showing up in more and more convenience stores as consumers drive the demand for this niche brew program. Pat Pape, Contributing Editor. Despite restrictions on where and how it can be sold, growler beer is a rapidly growing segment of the beer category, and convenience store operators are getting in on

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7-Eleven Retains NRC Realty & Capital Advisors For Store Sales

NRC Realty & Capital Advisors help 7-Eleven with the sale of 30 c-store properties in upstate and western New York. 7-Eleven Inc. retained NRC Realty & Capital Advisors to coordinate the sale of 30 gas stations and c-stores in upstate and western New York. 7-Eleven acquired these properties as part of its acquisition of Wilson

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The Carlyle Group Buys Sunoco’s Philadelphia Refinery

“We believe the changing nature of the energy paradigm in the U.S., coupled with a redefined operating model, can truly benefit this refinery,” says Carlyle managing director. Sunoco Inc.’s Philadelphia refinery, which was facing potential closure at the end of July, has been saved by The Carlyle Group. The Washington-based private-equity manager announced plans Monday

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E-Tobacco Shows No Signs of Slowing

Although the electronic cigarette category in the U.S. is barely five years old, a dizzying number of brands are vying for the attention of retailers—and more are entering the fray just about every day. By Marilyn Odesser-Torpey, Associate Editor In a report released in May, UBS Investment Research likened the chaotic e-cigarette category to the e-commerce

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Sunoco Launches Summer Fuel Rewards Program

Sunoco to give away fuel cards to loyal customers who promote the business this summer. Sunoco is kicking off its eighth annual Free Fuel 5000 to give one lucky driver 5,000 gallons of Sunoco fuel. Sunoco wants to reward customers who sport familiar Sunoco: Official Fuel of NASCAR decal on their automobiles between June and

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Caffeinated Partnership In Charleston, S.C.

Sunoco hosts a press conference with the Lowcountry Food Bank Monday to introduce their partnership plans. Sunoco executives plan to announce a partnership with the Lowcountry Food Bank during a press conference at 2 p.m. on Monday. Pat Walker, president and CEO of the Lowcountry Food Bank, Cynthia Archer, vice president of marketing and development

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Future Of Sunoco Gas Stations

Changes ahead for Sunoco with definitive merger agreement with Energy Transfer Partners Energy Transfer Partners, a Texas pipeline company, has received many calls about Sunoco’s gas stations since the merger was announced April 30, Martin Salinas Jr., the company’s chief financial officer, told analysts this May. Kelcy Warren, CEO of Energy Transfer Partners, bought Sunocoo

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Sunoco Acquired By Energy Transfer Partners

As part of the acquisition agreement, ETP is to own Sunoco’s branded retail business, which includes approximately 4,900 retail locations in the U.S. Energy Transfer Partners L.P. (ETP) has acquired Sunoco Inc. The two companies today announced that they have entered into a definitive merger agreement whereby ETP will acquire Sunoco in a unit and

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SVM LP Launches FuelCircle

FuelCircle to initially leverage SVM’s relationships with BP, Chevron, ExxonMobil and Sunoco to create the first branded, nationwide network for the redemption of stored value fuel rewards. SVM LP, a global provider of gift cards and prepaid cards for businesses, announced today the formation of a new business unit that will utilize its core competencies

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Sunoco Adds 11 Retail Locations

Latest acquisition strengthens Sunoco’s position as fuels retailer and convenience store operator in Florida. Sunoco Inc. has acquired 11 retail locations in Daytona, Fla., and the surrounding communities in Volusia County from First Coast Energy L.L.P. Each location will be company operated and include an APlus convenience store. “We continue to grow in areas where

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Sunoco Reports Preliminary Q4 2011 Pretax Results

Retail Marketing earned $40 million pretax in the current quarter versus $1 million in the fourth quarter of 2010. Sunoco Inc. has reported a net pretax loss attributable to Sunoco shareholders of $660 million for the fourth quarter of 2011 versus pretax income attributable to Sunoco shareholders of $119 million for the fourth quarter of

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Sunoco’s “Free Fuel 5000” Winner Announced

Sunoco gives away eight years worth of free gasoline. Roger Brooks of Bristol, Tenn. is the winner of Sunoco’s 2011 Free Fuel 5000 promotion. As this year’s grand prize recipient, Brooks won 5,000 gallons of high-quality Sunoco gasoline, enough fuel to keep him driving for eight years. As the official fuel of NASCAR, Sunoco’s Free

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Sunoco Reports Q3 Losses

“Market conditions continue to pose challenges for our refining and supply segment and, while the refineries’ operational performance improved during the third quarter with crude utilization averaging 90%, the segment reported another loss,” says Sunoco CEO. Sunoco Inc. has reported a net loss attributable to Sunoco shareholders of $1,096 million ($9.62 per share diluted) for

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Breaking News: Sunoco Selling Refineries

“Given the unacceptable financial performance of these assets, it is clear that it is in the best interests of shareholders to exit this business,” says Sunoco CEO. Sunoco Inc. announced today, Tuesday, Sept. 6, 2011, that it plans to exit the refining business. Philadelphia-based Sunoco, which owns two refineries—one in Philadelphia and one in Marcus

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Sunoco Acquires 14 Stores From Shipley Group

New acquisitions expected to be reopened as APlus Convenience Stores. Sunoco Inc. has acquired leasehold interests in 14 convenience stores in central Pennsylvania from the Shipley Group, a private York, Pa., company that operates the outlets as Tom’s Stores, the Philadelphia Inquirer reported. Terms of the deal were not disclosed. Sunoco is shifting its focus

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Sunoco Reports Q2 Results

“Sunoco Logistics Partners L.P. had its best quarter ever and our logistics segment contributed $54 million to Sunoco’s earnings. Likewise, our retail segment also contributed strong earnings that approached a record for second quarter results,” says CEO. Sunoco Inc. has released its second quarter 2011 financial results, reporting a net loss attributable to Sunoco shareholders

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Sunoco Expands Into Alabama

“Our recent success in winning over new distributors has helped Sunoco enter new markets such as Alabama and expand our presence along the I-95 corridor, and in the Midwest and other Southeastern states,” says Sunoco spokesperson. Sunoco Inc. has added 13 new Sunoco-branded sites to its growing network of more than 4,900 retail locations selling

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Gilligan Oil Pushes a Multi Brand Foodservice Strategy

Newest location features Dunkin’ Donuts and Subway in an effort to target customers throughout the day. By Erin Rigik, Associate Editor. Gilligan Oil Co. is aggressively embarking on a new foodservice model that aims to combine its c-stores and two QSR franchise partners under one roof to better pull a variety of customers into the

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Sunoco Releases Q1 2011 Results

Earnings from retail marketing saw a $22 million drop compared to the same quarter in 2010 due to lower average retail gasoline margins. Sunoco Inc. reported a net loss attributable to Sunoco shareholders of $101 million ($0.84 per share diluted) for the first quarter of 2011 compared to a net loss attributable to Sunoco shareholders

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Sunoco Wins 2011 Energy Star Award

Sunoco works hard to conserve energy by selecting better materials and improving how it operates, says Sunoco CEO. Sunoco Inc. has received the 2011 ENERGY STAR Sustained Excellence Award from the U.S. Environmental Protection Agency (EPA) for its continued efforts to protect the environment through energy efficiency. The 2011 ENERGY STAR Sustained Excellence Award recognizes

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Sunoco Completes Toledo Refinery Sale

Sunoco’s existing retail marketing and logistics operations in Ohio and neighboring states are not impacted by the sale. Sunoco Inc. has completed the previously announced sale of its refinery in Toledo, Ohio to Toledo Refining Company LLC, a wholly owned subsidiary of PBF Holding Co. LLC for approximately $400 million (consisting of $200 million in

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Sunoco and Sheetz Introduce Xenergy

Starting in March, energy drink Xenergy is set to appear in 818 corporate and 642 independently-owned Sunoco stores and 320 Sheetz locations. C-store chains Sheetz Inc. and Sunoco Inc. both have opted to add XYIENCE’s Xenergy, the official energy drink of the UFC, to their stores, expanding the brand’s presence on the East Coast. Between

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Sunoco Reports Fourth Quarter 2010 Results

Sunoco “finished the year with $1.5 billion in cash, achieved growth in our retail and logistics businesses and improved the competitiveness of our refineries,” says CEO. Sunoco Inc. has reported its fourth quarter results for 2010, including net income attributable to Sunoco shareholders of $87 million ($0.72 per share diluted) compared to the net income

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Sunoco To Continue With Separation of SunCoke

Settlement with ArcelorMittal resolves lawsuit on Coke pricing litigation. Sunoco Inc. is moving forward with the planned separation of SunCoke Energy after reaching an agreement with ArcelorMittal that resolves the lawsuit concerning coke pricing for the Jewell facility. Additional information regarding the planned separation of SunCoke Energy from Sunoco will be discussed on the previously

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SunCoke Energy Buys Virginia Coal Companies

SunCoke Energy, a subsidiary of Sunoco Inc. has purchased the Honaker, Va.-based Harold Keene Coal Co. Inc., its affiliated entities and their related assets for approximately $40 million in cash, including working capital. Coal reserve estimates for the assets of the entities being purchased total at least 16 million tons, with final estimates to be

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