Two steps remain before spinoff can be completed. Valero Energy Corp.’s planned spinoff of its convenience stores remains set to occur during the second quarter of 2013, Valero Chief Financial Officer Mike Ciskowski told the audience at a luncheon sponsored by the Association for Corporate Growth’s Central Texas chapter. But before the spinoff can get…
Study Finds RIN Credits Not a Factor in Higher Gas Prices
Ethanol reducing pump prices. Contrary to information coming from the oil industry, the Renewable Fuel Standard (RFS) and its associated “RIN credits” have not been a factor in this spring’s higher retail gasoline prices, according to new analysis conducted by Informa Economics Inc. In fact, the study found ethanol costs significantly less than gasoline at…
Captain Black Cigarillos
Scandinavian Tobacco Group presents Captain Black Cigarillos. These aromatic cigarillos are packed with exciting flavors that are consistent throughout the entire smoking experience. Captain Black Cigarillos are packaged in a contemporary design that is as “cool” as the consumers that will smoke them. The cigarillos are available in a three-pack foil pouch and singles. Captain…
Wilbur Curtis Welcomes Reddington
Krista Reddington joins Wilbur Curtis as manager of sales support and marketing. Wilbur Curtis Co., a premiere manufacturer of commercial coffee and tea brewing systems, recently named Krista Reddington as new manager of sales support and marketing. The announcement was made by Curtis Executive Vice President, Kevin Curtis. Reddington brings with her over a decade…
Pilot Flying J Opens Casual Dining Concept
Variety-filled menu offers frozen yogurt bar, hot soups, pizza and more. Professional drivers spend hours on the road away from their families, transporting goods and materials across America. When they pull over to refuel, they’re looking for some familiar comforts and a little taste of home. That’s why Pilot Flying J is committed to making…
Straw-Ber-Rita Hits Shelves
Last April, Bud Light Lime Lime-A-Rita hit shelves, and in less than eight months, became the leading flavored malt beverage brand on the market, selling more than 500,000 barrels. The successful launch of Lime-A-Rita was second only to Bud Light’s other 2012 innovation, Bud Light Platinum, which was the No. 1 top-selling new product in…
Del Monte Brings Healthy Twist To Spring Break
College students from around the world compete in ‘Beach Bash Dash’ obstacle course and “banana dance.” Hundreds of Spring Breakers from around the world took part in the first Del Monte Fresh “Beach Bash Dash” in Daytona Beach, Fla. The event was part of a new campaign to promote healthful eating habits among college students,…
NATSO Elects 2013 Chairman of the Board
Tom Heinz Elected as Chairman, NATSO Board of Directors. NATSO, the national trade association representing truckstops and travel plazas, today announced that it has named Tom Heinz, President of Heinz Inc. and Coffee Cup Fuel Stops & Convenience Stores, as its 2013 Chairman of the Board. Heinz, who succeeds Darrin Flitton as Chairman of the…
Hess And Elliot Vie For Shareholder Attention
Both Hess and Elliott send letters to shareholders urging them to support their board nominees. Hess Corp. sent a letter to all shareholders, urging them to vote for the election of the board’s nominees. The letter accompanied its definitive proxy materials filed in connection with its 2013 Annual Meeting of Shareholders, set for May 16,…
7-Eleven Introduces New Smartphone App
Retailer invites users to help develop future features. 7-Eleven Inc. is turning over the future development of its new smartphone application (app) to the public. With hopes of making U.S. consumers’ lives even more convenient, the world’s largest convenience retailer is seeking public feedback as it expands features and capabilities of its recently released app. …