U.S. convenience stores experienced record in-store sales of $233.0 billion in 2016—as well as their third straight year of $10 billion-plus in pretax profits—according to newly released “NACS State of the Industry” data, which provides benchmarks and key performance category insights for the convenience and fuel retailing industry. Convenience stores, which sell more than 80 […]
Tag: c-store
NACS: Surge In Store Sales Expected In Second Quarter
A combination of low gas prices, strong consumer confidence and warmer weather is expected to continue the year’s already strong sales at convenience stores into the second quarter of 2017. That’s according to a recent survey of convenience store owners conducted by the National Association of Convenience Stores (NACS.) A sizable percentage of retailers surveyed say that […]
New England C-Store Chain Owner And Former Gubernatorial Candidate Passes Away
Two-time Massachusetts gubernatorial candidate Mr. Christy Mihos, 67, the former owner of Christy’s convenience stores, died March 25 in Stuart, Florida, following a recent cancer diagnosis. Christy’s once had 144 stores in Massachusetts, Rhode Island and Maine. Most of the stores were sold to 7-Eleven. Mr. Mihos served as vice chairman of the Massachusetts Turnpike […]
Americans Increasingly Choose Fueling Locations Based On Quality Of Food At The Gas Station
Americans are increasingly seeking out fueling locations based on the quality of the food associated with the gas station, according to new national survey results released by NACS. The association represents the convenience store industry, which sells 80 percent of the fuel purchased in the U.S. While survey results show that gas price is still the […]
Group Pursues Lottery Commission Increase For New York Retailers
The New York Association of Convenience Stores (NYACS) is campaigning to convince the New York Legislature to increase the commission for lottery retailers for the first time in 50 years. The goal is to elevate the commission rate from 6 to 8 percent as part of the new state budget currently being negotiated. “While lottery […]
C-Store Design Firm Rebrands
Global design firm MoseleyBona Retail, which works with the c-store and fuel retailing industry, has rebranded and reincorporated as New York-based Bona Design Lab LLC. The change follows the sudden passing last March of longtime foodservice consultant Thomas Moseley Jr., who had co-founded Massachusetts-based MoseleyBona Retail with veteran c-store/petroleum designer and consultant Joseph Bona in December 2015. In launching the […]
QuickChek Celebrates 50 Years With 50 Promotional Offers
To celebrate its 50th anniversary, QuickChek of Whitehouse Station, New Jersey, is rewarding customers with 10 weeks of five offers each week. The fresh convenience market chain is featuring a variety of in-store and mobile app offers through April 30. Each week, shoppers will see a range of deals and savings, ranging from free coffee […]
NOCO Express Opens New Buffalo Store
NOCO Express recently hosted a grand opening celebration at its newest Buffalo, New York, store at 2058 Delaware Avenue. The family-owned and locally operated c-store chain purchased the former Sunoco location in 2016 and recently completed a three-month interior and exterior remodel. The company says the store, which was closed during the renovations, debuts a redesign […]
Bank Provides $20M Credit To Distributor Garber Bros.
Citizens Bank’s commercial unit is providing a $20 million credit facility to Garber Bros. of Randolph, Massachusetts. Garber distributes cigarettes, tobacco, health and beauty and grocery products to convenience stores located primarily in the Northeast. The revolving line of credit will be used for working capital purposes. “We appreciate the expertise of the team at Citizens,” […]
Rutter’s Unites With SOAR For Valentine’s Gifts To Troops
Rutter’s and Support Our American Recruits (SOAR) are teaming up for the 12th year, packing Valentine’s Day gift boxes to be shipped to American troops stationed abroad. The boxes will be filled with snacks, chewing gum, coffee and magazines donated by suppliers such as Hershey’s, Utz Snacks, Martin’s Chips, Harrisburg News, S&D Coffee, Wrigley’s and […]
Tyson Foodservice Revamps To Focus On Operator Concerns
To help today’s foodservice decision-makers deal with concerns such as increased competition, rapidly changing tastes and trends, and rising rents and wages, Tyson Foodservice says it is transforming into a customer-centric enterprise that understands what’s “on the line” for operators. To achieve this, Tyson Foodservice will challenge team members to help reduce risk and frustration for […]
Sunoco Explores Strategic Alternatives For 100-Plus Real Estate Sites
Dallas, Texas-based Sunoco LP has retained NRC Realty & Capital Advisors to assist it with strategic alternatives for more than 100 real estate assets that include company-owned locations, undeveloped greenfield sites and other excess real estate. Properties are located in Florida, Louisiana, Massachusetts, Michigan, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oklahoma, Pennsylvania, Rhode […]
Two Deals Shake Up Tobacco Industry
In two major developments this week, British American Tobacco (BAT) and Reynolds American Inc. agreed to merge, while the Altria Group agreed to purchase Nat Sherman. BAT will acquire the remaining 57.8 percent of Reynolds it does not already own. “Our combination with Reynolds will benefit from utilizing the best talent from both organizations. It will […]
Brookshire Brothers Opens Express Unit In Hudson, Texas
Brookshire Brothers opened its first store of the new year on Wednesday in Hudson, Texas. The Brookshire Brothers Express is located at 6564 Ted Trout Drive and features fresh meat and produce, a hot deli with daily specials, Western Union, money orders and a full-service courtesy booth. Stephanie Matthews, a Jasper native, leads the unit as […]
GACS President: Businesses Being Held Responsible For Fulton County’s ‘Sliders’ Problem
by Angela Holland/president, Georgia Association of Convenience Stores “Sliders” are not just small burgers in Atlanta. They also are persons who slide from one vehicle to another while the owner/driver is pumping gas. Many times, they steal valuables from the car, but if one leaves their keys in the car, they simply steal the car. […]
Merchant Groups Ask New Congress To Protect Debit Reforms
Now that a new Congress is in session, the National Association of Convenience Stores (NACS) and 170 state and national merchant groups are communicating to both branches of Congress about the importance of keeping debit reforms intact, which were enacted as part of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act. In a letter sent […]
RaceTrac Plans To Open 50 More Florida Stores In Next Two Years
RaceTrac says it is doubling down on its investment in the state of Florida as it closes out a year of strong growth. In 2016, RaceTrac opened 24 new stores in the Sunshine State, which gives the Atlanta-based c-store chain 207 stores in Florida. That makes up nearly half of RaceTrac’s entire 435-plus store fleet […]
National C-Store Sales Grow In 2016; NACS Optimistic About New Year
Low gas prices helped drive sales increases at convenience stores in 2016—and retailers expect those strong sales to carry over into 2017, according to a survey of retailers released this week by the National Association of Convenience Stores (NACS). More than two in three convenience retailers (68 percent) said their fuels sales increased in 2016 […]
7-Eleven Completes 77 Drone Deliveries
7-Eleven and Flirtey, a drone delivery service, have completed 77 autonomous drone deliveries to customers’ homes in the U.S. The test began in July with the world’s first autonomous drone delivery to a customer’s residence. Flirtey conducted regular weekend deliveries during November from a 7-Eleven store in Reno, Nevada, to a dozen select customers who were […]
Dover Fueling Solutions Completes Purchase Of Wayne Fueling Systems
Dover Fueling Solutions has completed its purchase of Wayne Fueling Systems, a global provider of fuel dispensing, payment, automation and control technologies for retail and commercial fuel stations. The Wayne acquisition is Dover’s fourth purchase in the retail and commercial fueling space in 2016. Dover is now combining these companies into a new business called […]
