Susser Shareholders Make ETP Merger Election
CORPUS CHRISTI, Texas & DALLAS -- Holders of 85% of the outstanding shares, or approximately 18.58 million shares of Susser common stock, made a unit election regarding the form of merger...
View ArticleVercollone: 'Celebrate Failure'
DUXBURY, Mass. --"Celebrate failure," Leo Vercollone, president of VERC Enterprises, a leading convenience store and Gulf gas station operator with locations throughout Massachusetts, told attendees of...
View ArticleLunch and P.M. Snack Fastest-Growing Foodservice Dayparts in C-stores
Newsletter: CSP Daily NewsC-Store Day-Part DistributionYear ending December 2013While c-stores saw nice growth during lunch and p.m. snack day-parts, breakfast and supper saw losses.Day-partPCYA*Share...
View ArticleCider Now 1% of Total Beer Volume
CHICAGO --"Cider is swiftly moving toward logging in another year of significant double-digit volume gains in 2014, and the major beer marketers each are staking a claim in the evolving category,"...
View ArticlePriceAdvantage Debuts New Fuel Pricing Software
division of Skyline Products, is announcing version 2014.2 of its software. The new version gives company- and dealer-operated convenience stores a single platform to analyze complete wholesale, dealer...
View ArticleWhat Are the Key Lunch 'Needstates'? (Infographic)
CHICAGO -- Consumers regularly eat lunch away from home--a couple of days a week, on average. Foodservice operators have been focusing their efforts on gaining a larger share of lunch visits during...
View ArticleWill uberFRESH Eat QSR's Lunch?
SANTA MONICA, Calif. -- uber seems to enjoy stepping on toes. The upstart vehicle-for-hire and rideshare service has taxi companies up in arms over customer poaching and licensing requirements. And...
View Article7-Eleven, Belly Expand Loyalty Partnership
CHICAGO -- Digital loyalty platform Belly and convenience store retailer 7-Eleven Inc. have announced an expanded partnership in more than 2,000 locations. 7-Eleven customers can now use Belly's...
View ArticleAAA Expects Declining Pump Prices to Help Labor Day Travel (Infographic)
ORLANDO, Fla. -- AAA Travel projects that 34.7 million Americans will journey 50 miles or more from home during the Labor Day holiday weekend, the highest volume for the holiday since 2008 and a 1.3%...
View ArticleExpert Insight: An Autumn of Gas Prices Below $3?
WALL, N.J. -- U.S. pump prices this Labor Day weekend will as cheap as they have been since 2010, when we were in the middle innings of recovery from the Great Recession. GasBuddy forecasts that...
View ArticleMarathon Petroleum Gets Help to Fund Hess Retail Acquisition
FINDLAY, Ohio --Marathon Petroleum Corp. (MPC) has entered into a five-year senior unsecured term loan agreement with a syndicate of lenders providing commitments for $700 million in term loan...
View Article$13 Million to Settle Red Bull Marketing Lawsuit
WHITE PLAINS, N.Y. -- Members of a class-action lawsuit against Red Bull North America and its parent company will receive either a $10 reimbursement or about $15 worth of free Red Bull energy drinks...
View ArticleAllOver Media Acquires Gas Station Radio
MINNEAPOLIS -- AllOver Media Inc. has acquired Gas Station Radio, the nation's largest convenience store audio network. San Francisco-based Gas Station Radio delivers audio advertising to gas pumps in...
View ArticleRamen Soup Sales Flat in Convenience Stores
Newsletter: CSP Daily NewsRamen soups remain popular in c-stores, but unit sales are flat for the 52 weeks ending May 18. Dollar sales are up 5% with Nissan and Maruchan brands locking up nine of the...
View ArticleBP Rolling Out New Technology to Retail Network
CHICAGO --BP said that it will begin communicating a new technology solution and associated offer for BP-branded retailers in early 2015, with deployment expected to begin in mid-2015. The new...
View ArticleSusser Stockholders Give Thumbs Up to ETP Merger
CORPUS CHRISTI, Texas & DALLAS --Susser Holdings Corp. stockholders have voted to approve the proposed merger with Energy Transfer Partners LP at a special meeting of Susser...
View ArticleWill Reynolds-Lorillard Have to Part With More Brands?
WINSTON-SALEM, N.C. & GREENSBORO, N.C. -- Reynolds American Inc. and Lorillard Inc. said that the Federal Trade Commission (FTC) has requested additional information from each company in connection...
View ArticleBrent Eases Labor Day Gas Prices
WASHINGTON -- The U.S. average retail price for regular gasoline was $3.45 per gallon on Aug. 25, the lowest price on the Monday before Labor Day since 2010, according to the U.S. Energy Information...
View ArticleNew Logo, Brand Refresh for Hershey (Slideshow)
HERSHEY, Pa. -- The Hershey Co. is unveiling a refreshed corporate brand that it said builds on the company's legacy and creates a new, modern look and feel that positions it for the next 100 years. A...
View ArticleSusser Emerges from Merger as Private ETP Subsidiary
DALLAS & CORPUS CHRISTI, Texas --Energy Transfer Partners LP and Susser Holdings Corp. have announced the successful completion of the merger of an indirect wholly owned subsidiary of ETP with and...
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