SymphonyIRI works with more than 19,000 retailers by the end of 2012. SymphonyIRI builds its market position in convenience stores through recent retailer agreements, such as BP and Murphy Oil, which will provide data to more than 19,000 sample stores by the end of 2012. SymphonyIRI AllScan Convenience Store Tracking Service already serves more than…
Pilot Flying J To Make Acquisition Of Maxum Petroleum
Pilot Flying J creates new partnership with Maxum Petroleum to expand its business. Pilot Flying J, Metalmark Capital, Waud Capital Partners and Maxum Petroleum announced Pilot Flying J plans to acquire a controlling interest in Maxum for cash and Pilot Flying J’s contribution of Western Petroleum into Maxum. Maxum is one of the largest independent…
Athena Fights Against Breast Cancer
Athena fights breast cancer year-round. The company, founded by breast cancer survivor of Trish May and a division of DS Waters of America Inc., plans to contribute a minimum of $1 million to support breast cancer awareness, education and research by 2014. Retailers are encouraged to offer Athena water to serve to their customers to…
More Upside for Retail Gasoline Prices
By Brian L. Milne, Refined Fuels Editor, Telvent DTN Retail gasoline prices in the U.S. will continue to increase early this week, maintaining the trend seen this month, after wholesale costs jumped more than a dime nationally during the third full week of July. The string of price declines seen during the second quarter reversed…
AWMA & Merchants Grocery Co. Host FDA Plant Tour
Merchants Grocery Co. plant tour aims to help FDA better understand the distributor’s role in the tobacco distribution process. A group of Food and Drug Administration (FDA) regulators visited AWMA member Merchants Grocery Co. in Culpeper, Va., on Wednesday, July 18, and viewed the company’s tobacco processing operation at the invitation of AWMA and Merchants. …
Mark VII Awarded Circle K Car Wash Contract
Last year Mark VII expanded its relationship with Circle K to include three additional regions and now it is adding three more for a grand total of seven regions. Mark VII Equipment Inc., the North America subsidiary of WashTec AG of Germany, and producer of vehicle washing equipment worldwide, has been awarded a two-year contract…
The Pantry Announces Tender Offer
The Pantry Inc. announced the commencement of a cash tender offer for any and all of its outstanding 7.75% Senior Subordinated Notes due 2014. In conjunction with the tender offer, The Pantry is soliciting consents from holders of the notes to effect certain proposed amendments to the indenture governing the notes. The tender offer and…
Home State of Chester’s Gains Another Store
“We are excited to bring Chester’s great tasting chicken to the folks of Salem,” says Chester’s spokesperson. Chester’s, a fried chicken foodservice offering in the convenience store category, is celebrating the grand opening of a new location Salem, Ala. This location is in The Store, which is walking distance from Auburn University. This Chester’s location…
Agree Realty Acquires Three Wawa Stores
Agree Realty “pleased” to make Wawa acquisition. Agree Realty Corp. announced that it acquired a portfolio of three Wawa c-stores and fuel stores that are master leased by Wawa for $14,200,000. The cost of the portfolio acquisition includes the assumption of $8,580,000 of non-recourse mortgage debt, which will mature in June 2016, carrying a 6.56%…
EZ Energy Sells U.S. Stations
Sale expected to close Sept. 15. Israel-based EZ Energy Ltd. is selling its U.S. gas station and c-store operations for $64 million to a foreign operator, whose name has yet to be disclosed, Globes reported. The proceeds derived from the sale are expected to cover all the company’s debt to Israeli bondholders and the loans…