“The acquisition of Brookside is an opportunity for Hershey to expand our portfolio in this category,” says Hershey’s CEO. The Hershey Co. has reached an agreement to purchase Brookside Foods Ltd., a privately held confectionery company based in Abbotsford, British Columbia. Brookside is a chocolate confectionery company with products based on a unique formula…
Susser Closes Public Offering of Common Stock
Susser intends to use the net proceeds from this offering for growth capital for new store development. Susser Holdings Corp. has closed its public offering of 3,500,000 shares of its common stock at a price of $21.75 per share. Net proceeds from the sale of these shares were approximately $72 million, after deducting underwriting discounts…
ATA Welcomes TravelCenters of America
“We intend to play an active role in the ATA to help promote the success of the trucking industry and continue to foster the respect its drivers deserve,” says TA CEO. American Trucking Associations has welcomed TravelCenters of America LLC as its newest allied member. “I am excited about becoming an ATA member. TravelCenters of…
Peter Tedeschi Named Vice Chairman of NACSPAC
As vice chairman of NACSPAC, Tedeschi spearheads the c-store industry’s support for political candidates that respond to legislation that impacts the industry. Peter Tedeschi, president and CEO of Tedeschi Food Shops Inc., has been named vice chairman of the National Association of Convenience Stores Political Action Committee (NACSPAC). As vice chairman of NACSPAC, Tedeschi spearheads…
FDA Webinar Clarifies Regulations
FDA Center for Tobacco Products (CTP) is hosting a series of webinars on federal tobacco regulations. These webinars are designed to provide FDA tobacco compliance education and information to retailers and small businesses. Each webinar includes a Q&A session to provide participants the opportunity to have their questions answered by FDA. Today, Dec. 8, 2011 from…
New Hampshire Customer Wins Free Gas
Irving Rewards program offered customers gas savings and chance to win free gas for a year. Garrett Bickford of Andover, N.H. has won free gas for a year thanks to Irving Oil. Bickford is one of six New England residents who will receive $2,100 worth of Irving gas cards for participating in the Irving Rewards…
Seeds in a New Slammer Pack
Thanasi Foods LLC introduces the new BIGS Slammers to its all-star lineup of BIGS Sunflower Seeds. The new BIGS Slammer, a 2.75-ounce tube packed with BIGS Sunflower Seeds, is now available in Salted & Roasted Original and Vlasic Dill Pickle flavors at a suggested retail price of 99 cents. The convenient pack is hitting store…
Casey’s Strong 2nd Quarter
A favorable gas margin and strong inside sales, give Casey’s a 15.6% increase in total gross profit for the fiscal Q2 2012. Casey’s General Stores Inc. has reported it’s second quarter results for fiscal 2012. The company reported $0.99 in basic earnings per share for the second quarter of fiscal 2012 ended Oct. 31,…
Thorntons Names Harris Chief Operating Officer
Harris’ leadership of Thorntons’ retail strategy has helped result in the chain’s unprecedented growth, says Thortons CEO. Thorntons Inc. has named Tony Harris chief operating officer (COO) of the Louisville, Ky.-based convenience store chain. Harris will be responsible for operations, marketing, gasoline pricing, brand management, customer experience and retail strategy. A Thorntons Inc. veteran of…
Ryko Acquires Commercial Washing Systems Inc.
The acquisition establishes direct sales and service support in central and south Texas for Ryko. Ryko Solutions Inc., North America’s largest manufacturer of car wash equipment and a major provider of service support and chemicals to the industry, has acquired and will fully integrate the brand, assets and operations of Commercial Washing Systems Inc., the…