According to Packaged Facts’ new report, Children’s Food and Beverage Market: Trends and Opportunities, the retail market for children’s food and beverage products experienced average annual growth of nearly 8% from 2017 to 2022 due to new value-added product introductions, boosted grocery sales during the pandemic and high levels of inflation that led to price…
2022 Brings Record Revenue and Profitability to ARKO
ARKO Corp. announced its 2022 financial results, which includes record numbers compared to 2021. The operating income for Q4 was $33.7 million, compared to $28.4 million in the prior year’s quarter. For the year, operating income was $167 million, compared to $142.1 million in 2021. The net income for Q4 was $12.86 million, compared to…
Text-to-Photo AI Tool
SWIPEBY launched a tool that enables restaurants to generate realistic images based on menu item descriptions and headlines. Called SWIPEBY Snapshot, it incorporates Open AI (artificial intelligence) and Stability AI text-to-photo models and technology to help restaurants make online menus more user-friendly and increase ordering rates in just seconds. SWIPEBY developed Snapshot to help clients […]
Bold and Edgy Soda Design
The new bold and edgy Coca-Cola Creations flavor is a collaboration with Grammy-award winning artist Rosalía called Coca-Cola Move. Coca-Cola Move features a striking packaging design featuring the colors vibrant pink and minimalistic black. The Coca-Cola Spencerian script morphs into sketches Rosalía drew while sampling Coca-Cola Move during a creative workshop. Cans and bottles include […]
435-Unit C-Store Chain Expands With NTI Sites, Acquisitions
Yesway reached the 435-store milestone with the opening of its newest Allsup’s stores in Ruidoso, N.M., and Texas’ Abilene, Springtown, Snyder and Whitney. In addition to opening five new stores, Yesway has acquired five existing Ranglers stores in the Texas cities of Clifton, Hamilton and Hico. With this latest expansion, the Yesway portfolio now includes…
Alimentation Couche-Tard to Acquire Big Red Stores
Alimentation Couche-Tard Inc. announced its plans to acquire 45 fuel and convenience retail sites from Big Red Stores, a successful company originally founded in 1997 by Doug and David Hendrix, that has grown mainly organically by opening new sites over the years. The transaction includes modern, high-quality and well-located sites across the state of Arkansas.…
Tobacco: New Year, Old Battles, Different Outcomes?
In many regards, the 2022 election set the stage for 2023 tobacco and nicotine sales in convenience stores. On the one hand, voters chose more regulation. For example, California’s Proposition 31 passed with 76% of the ballots, approving a statewide ban of almost all flavored tobacco products, including menthol. Only premium cigars and hookahs remain…
Elfbar Manufacturer Banned from Marketing E-Cigarettes
According to LAW360, the maker of Elfbar vape products was ordered by a Florida federal judge on Feb. 23 to stop marketing Elfbar e-cigarettes anywhere in the U.S. The judge found that VPR Brands LP, which makes and sells “Elf” brand vapes, is likely to succeed on its claims that the Elfbar vapes infringe its…
Warrenton Oil Acquires Thoele Oil Convenience Stores
Warrenton Oil Co., a family-owned and operated company founded in 1972 and located in Truesdale, Mo., has acquired Thoele Oil, a family-owned and operated Missouri-based company located in St. Charles, Mo. Warrenton Oil and its FastLane Convenience Stores will take over 10 convenience stores from Thoele Oil. The addition of the 10 convenience stores expands…
Marathon Continues to Feed Families in Need
Marathon Petroleums Corp.’s El Paso, Texas, refinery has renewed its partnership with the El Pasoans Fighting Hunger Food Bank (EPFH) to host three-hour events on the last Friday of every month at the refinery to continue feeding families in need this year. In fact, an average of about 350 families in need have been getting…