The National Advisory Group (NAG) is proud to announce that the association will honor Gus Olympidis, the CEO and founder of Family Express, with the 2019 NAG Lifetime Award for Convenience Retailing. Olympidis has left an indelible mark on the convenience retailing industry over the past 44 years. While many chains say they are committed…
Record-Breaking Number of Americans to Travel for Fourth of July
According to AAA, nearly 49 million Americans are making plans for a Fourth of July getaway this year — the highest number recorded by the company in 9 years. Overall travel volume for the holiday is expected to rise 4.1% over last year, with an additional 1.9 million people planning road trips and other vacations to…
Fuel Prices Decrease Despite Demand
According to AAA, although U.S. gasoline demand is hitting its highest level at 9.93 million b/d, for the week ending June 14, pump prices pushed even cheaper across the country. This is due to the recent trend in cheaper crude pricing and because crude comprises roughly 60% of the costs people pay at the pump.…
Improve Your Bottom Line with E15: Why Consumers Choose E15
With more than 70 million members, millennials represent the most significant demographic and disposable income available to retailers. They range from 18-35 years old, have a lower- to middle-range income and are environmentally conscious. Millennials are more focused on purchasing products that are “greener” than products their parents supported. Positioning E15 as a cleaner burning…
Weigel’s Named CSD’s 2019 Chain of the Year
Outstanding leadership, great stores and unsurpassed customer service are the hallmarks of the convenience store industry’s exceptional chains. Weigel’s checks each of these boxes and so much more. For decades, the company has been a respected member of the communities it serves, has built a strong foodservice program and has maintained a pristine reputation as…
Manage Your Store from Anywhere, Any Time
For an entrepreneur running a store, it’s a constant balancing act between personal, business and everything in between. A small, independent retailer is constantly challenged with managing the business and yet maintaining a comfortable work/ life balance. The challenge is most real for Mom and Pop shops, where budgets are low for hiring extra staff…
Summer Fuel Price Average Expected to Decrease
The national price of fuel is expected to decrease to $2.70 this summer, according to AAA. “For consumers today, paying more to fill-up their gas tank may feel less shocking due to the national average pushing within pennies of $3 per gallon the last two spring seasons,” said AAA spokesperson Jeanette Casselano. “However, there is good…
June 2019: Adapting to Tobacco Category Evolution
As regulations erect roadblocks to tobacco sales, c-store retailers expand into alternate segments in hope of finding new ways to grow sales. Throughout the first half of 2019, the tobacco category has been inundated with proposed legislative restrictions. One Hawaii lawmaker attempted to graduate the minimum purchase age to 100 (it soon fizzled out in…
Gas Prices Decrease Throughout Most of U.S.
According to AAA, most motorists across the country, apart from the Rockies states, Alaska and Indiana, are saving as much as 23 cents per gallon to fill up compared to last month. “Gas prices have been trending lower now for the past month, and there are no signs of pump prices changing gears toward more…
Growing Opportunities with E15: Why Engine Experts Recommend E15
E15 is rapidly growing in popularity, with consumers surpassing 9 billion miles driven on the fuel. Some of the benefits of E15 are immediately evident, like the fact that it can save drivers from $0.05 and at times up to $0.10 per gallon compared to regular E10. And consumers like that ethanol is a cleaner-burning…