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Tesoro to Replace Dealers at 240 West Coast Stations

Posted by on Feb 15, 2012 in Blog | Comments Off on Tesoro to Replace Dealers at 240 West Coast Stations Switching to its own operators, rebranding to USA from ARCO, Thrifty SAN ANTONIO — Tesoro Corp. plans to rebrand 241 stations in southern California to its USA flag and will replace the dealers currently leasing the outlets with its own commission operators, CSP Daily News has learned. The stations are owned by long-time chain marketer Thrifty Oil but had been leased to BP for the last 20...
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E85’s Price Crunch

Posted by on Feb 14, 2012 in Blog | Comments Off on E85’s Price Crunch With VEETC expired, retailers try to make the numbers work OAK BROOK, Ill. — Consider it lucky timing. With the expiration of the Volumetric Ethanol Excise Tax Credit (VEETC) at the end of 2011, retailers selling ethanol blends faced an immediate price increase. For those selling E85, the impact was potentially more dramatic, considering that VEETC granted a 38.5-cent credit per gallon,...
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An Explanation of Sale-Leasebacks

Posted by on Feb 10, 2012 in Blog | Comments Off on An Explanation of Sale-Leasebacks By Robert E. Bainbridge Since 2006, a growing number of convenience retailers have adopted a strategy of leasing new stores rather than owning, according to industry figures. This trend peaked in 2008 with 72 percent of all new stores being leased, often through sale-leasebacks. An explanation of sale-leaseback transactions is provided below by industry experts John C. Flippen Jr. and John...
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SUNY New Paltz Adds Robotic C-Store

Posted by on Feb 9, 2012 in Blog | Comments Off on SUNY New Paltz Adds Robotic C-Store Partners with Shop24, Pepsi Cola of Hudson Valley NEW PALTZ, N.Y. — The State University of New York (SUNY) at New Paltz has partnered with Pepsi Cola of Hudson Valley and Shop24 Global LLC to provide students, faculty and other consumers a Shop24 “ultra-convenience store,” a self-contained, refrigerated and robotic c-store designed to enable 24/7/365 consumer purchasing. Shop24...
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Did You Know? California Plastic Bag Bans Apply to Convenience Stores

Posted by on Feb 7, 2012 in Blog | Comments Off on Did You Know? California Plastic Bag Bans Apply to Convenience Stores If you operate gas stations or convenience stores … be careful offering your customer “paper or plastic” at checkout! During the past few years, an increasing number of California Cities and Counties have adopted ordinances that effectively ban the use of plastic bags for your customers! The Law Office of Kriston Qualls (www.kdqlaw.com) has brought these laws to the attention of the GasMan...
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