Consumer Optimism Surges Despite Gas Prices
ALEXANDRIA, Va. -- Consumer optimism about the economy, despite gas prices, reached a 12-month high, good news for retailers hoping that a strong second half of 2014 can compensate for sluggish sales...
View ArticleBattle of the Beavers
LAKE JACKSON, Texas -- Buc-ee's Ltd. has gone after another retailer for having a logo--and in this case, a mascot--that it believes too closely resembles its own. The convenience store company filed a...
View ArticleWhat Restaurants Garnered the Highest Degree of Loyalty?
CHICAGO -- Repeat patronage is critical to most foodservice operators' success; however, customers' intent to return and their reasons for doing so vary considerably by generation, as revealed in a...
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Frozen-Pizza Sales Turn Around in C-Stores
Newsletter: CSP Daily NewsFrozen-pizza sales improved in 2013, and are up 4.1% for the 52 weeks ending May 18, 2014.Best-Selling Frozen Pizza Brands in Convenience StoresIRI Convenience AllScan data...
View ArticleIndiana C-Stores Appeal Cold-Beer Ruling
INDIANAPOLIS -- Executives and members of the Indiana Petroleum Marketers and Convenience Store Association (IPCA) will continue their legal challenge of Indiana's law governing the sale of cold beer...
View ArticleHershey Increases Wholesale Prices
HERSHEY, Pa. -- The Hershey Co. has announced an increase in wholesale prices across the majority of its U.S., Puerto Rico and export portfolio. A weighted average price increase of approximately 8%...
View Article7-Eleven Increases Franchising Incentive for New Military Vets
DALLAS -- With more servicemen and women leaving the military and seeking careers, 7-Eleven Inc. has increased its franchising-fee discount to 20%, capped at $50,000, as an added incentive for...
View ArticleHighway Bill Would Raid LUST Fund ... Again
WASHINGTON -- On July 15, the U.S. House of Representatives passed a bill, The Highway & Transportation Funding Act of 2014 (H.R. 5021), that would fund the highway program through May 2015 by...
View ArticleUnited Oil Primed for Growth (Part 1)
GARDENA, Calif. -- Last week's acquisition of the 130-store United Oil by affiliates of Fortress Investment Group underscored the convenience store industry's position as one of the hottest M&A...
View ArticleReady Training Online Acquires Service That Sells
ELIZABETHTOWN, Pa. -- Ready Training Online (RTO), a provider of online training for service-based industries, has acquired Pencom Press, Pencom International and the Service that Sells! brand from...
View ArticleChamplain Farms Executive Passes Away
SOUTH BURLINGTON, Vt. -- William Simendinger, vice president of the Champlain Farms (Wesco Oil) convenience store chain, died July 14, 2014, of a heart attack at the age of 52.He also served as the...
View ArticleFade to Black
MONTICELLO, Utah-- Exiting from the convenience store industry, Black Oil Co. has sold its five Out West Food & Fuel Stores and its corporate headquarters to Resort Retailers Inc., an authorized...
View ArticleICS Deploys Chip & PIN Outdoor Payment Terminals in Canada
WIND GAP, Pa.-- Innovative Control Systems (ICS), a leader in the car wash industry, has partnered with Ingenico Group, a leading provider of payment solutions, to bring outdoor payment terminals...
View ArticleL.A. Purchase
LOS ANGELES -- In a financial move involving 13 stores and two contributed sites, entrepreneur Eddie Abadi has created SB Holdings Inc. in a $41 million transaction that closed last month.Adabi bought...
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Fluid Thoughts Blog: Iced-Tea Insights From Twitter
BETHESDA, Md. -- I found a new infographic from Honest Tea interesting. It offers up some practical insights into who is drinking iced tea and what they’re doing while they’re drinking it. Make of it...
View ArticleHow the United Oil Bid Was Won (Part 2)
LOS ANGELES -- It was a complex deal involving more than 100 sites, multiple sellers, several law firms, assets and stock and a bidding war. But that did not stop the sale of United Oil to Fortress...
View ArticleCigarette Share of Market Pre- & Post-RAI/Lorillard Merger
Newsletter: CSP Daily NewsNEW YORK -- How close does the merger of Reynolds American Inc. (RAI) and Lorillard Inc. (LO) move the combined company to tobacco-industry leader Altria/Philip Morris USA (PM...
View ArticleHow Much Did This Gas Station Just Sell For?
NEW YORK -- A BP service station and auto repair shop in the East Village in New York--one of the area's last gas stations--has been sold to make way for a hotel.The price tag? $32 million.Rumors...
View ArticleShippensburg Sheetz to Sell Suds
SHIPPENSBURG, Pa. -- Convenience store retailer Sheetz Inc. has been approved by the Pennsylvania Liquor Control Board (PLCB) to sell beer at a new c-store in Shippensburg, Pa., reported The...
View ArticleRutter's Selects Second Winner of Free Gas for a Year
YORK, Pa. -- Rutter's Farm Stores has selected Jeff Weinman of Mountville, Pa., as the second winner of free gas for a year inthe convenience store chain's #SummerofFreedom sweepstakes.The company...
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