NACS announced the election of five retail members to serve on its Board of Directors. The new Board members assumed their positions during the NACS Board of Directors meeting at the NACS Show in Atlanta this week. The NACS retail members elected to serve on the Board of Directors are: * Rahim Budhwani, CEO of…
NACS Elects Executive Committee Officers
NACS announced the election of its 2010-11 Executive Committee during its Board of Directors meeting at the NACS Show in Atlanta this week. Jeff Miller, president of Norfolk, Virginia-based Miller Oil Co. Inc., was named the association’s 2010-11 chairman of the board. Miller also chairs the NACS Executive Committee, which provides strategic direction and financial…
Tom Joyce To Lead NACS Supplier Board
Tom Joyce, vice president of customer industry affairs for The Hershey Co., has been named 2010-11 chairman of the NACS Supplier Board. In addition, Scott Hill, vice president of convenience sales, Jack Link’s Beef Jerky, was named chair-elect and will succeed Joyce as 2011-12 chairman. Joyce and Hill were named to their positions during the…
Sunoco Shifts Focus To C-Stores
Lynn Elsenhans, Sunoco’s CEO, told analysts she hopes to expand the company’s profitable retail business by ramping up its convenience-store offerings, Philadelphia Inquirer reported. “An area of opportunity for us to unlock even more value out of our real estate is by changing our mind-set from a fuels retailer that also sells some convenience items,…
Coinstar Appoints Chief People Officer
Coinstar Inc. has hired Raquel Karls, a human resources and organization development leader, to fill the position of chief people officer. Karls starts her new role this week reporting to president and chief operating officer Gregg Kaplan. “We are delighted to have found an individual of Raquel’s caliber and experience to lead this very important…
Henderson Joins Sunoco
Sunoco Inc. has announced that Frederick “Fritz” Henderson has joined the company as a senior vice president to help prepare for the previously announced separation of SunCoke Energy from Sunoco. Henderson, 52, former president and CEO of General Motors, now is set to be chairman and CEO of SunCoke Energy upon completion of the separation.…
Mid-Atlantic Acquires Exxon Sites
Mid-Atlantic Convenience Stores (MACS), an investment platform backed by Catterton Partners, a consumer-focused private equity firm in North America, has acquired 58 convenience stores/fuel stations, located in Northern Virginia and Maryland, from Exxon Mobil Corp. Terms of the transaction were not disclosed. MACS is a convenience store operator in the Mid-Atlantic region and one of…
Confused on FDA Tobacco Regulations?
If you’re confused on the myriad of FDA tobacco regulations, you’re not alone, and help is on the way. The FDA’s Center for Tobacco Products has announced the dates, times and locations of four additional retailer training sessions on the new federal tobacco regulations. These training sessions are scheduled in Atlanta, Georgia, Chicago, Illinois, Dallas,…
Nine C-Store Sites For Sale
NRC Realty & Capital Advisors LLC has been retained in the sale of nine operating and former convenience stores and commercial land sites currently in foreclosure. The sites are located in Riverside, Rohnert Park and Sebastopol, Calif.; Harrington and New Castle, Delaware; and Belleville, Gap, Waynesburg and York, Pennsylvania. NRC represents the secured creditor and…
Industry Mourns John Hervey’s Death
John Hervey, a former NACS employee and PCATS executive director, with a long and distinguished career in the convenience and petroleum retailing industry passed away on Aug. 5. Hervey’s 40-year-plus career began at Mobil Oil Corp., where he served in a variety of capacities for 25 years, including providing retail automation solutions for its 1,000-plus…