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…
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…
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…
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…
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…
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…
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…
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…
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…
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…