Refuel has relaunched its mobile app with an enhanced digital customer experience and new capabilities for charitable initiatives. Refuel released its new app in the fourth quarter of 2022, receiving over 100,000 loyalty sign-ups in just four months. Keeping in line with Refuel’s dedication to social responsibility in its communities, members can spend 1,000 reward…
What Will 2023 Mean for Your Business?
Raise your hand if you included the word “pandemic” in your 2020 business plan. Yeah, me neither. I went from traveling 200,000 miles in 2019, to not getting on a plane for 18 months. Today, my business is conducted via Zoom or Microsoft Teams and an occasional monthly business trip. Quite the change. Bye-bye Delta…
Children’s Food and Beverage Market Continues to Grow
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…
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…