Locations for sale in Chicago and St. Louis markets. Buchanan Energy LLC is selling 38 ExxonMobil-branded gas stations in the Greater Chicago area, as well as 23 BP-branded stations in the Greater St. Louis area. All 61 stations are being sold with branded fuel supply with help from NRC Realty & Capital Advisors. “These stores…
Fas Mart and Shore Stop Poised For Growth
“Our customers will begin seeing innovative initiatives around our core service offerings that will both surprise and delight them,” says GPM Investments CEO. Richmond, Va.-based GPM Investments LLC, operator of both the Fas Mart and Shore Stop Convenience Store chains, announced today that it has entered into a new $35 million credit facility with…
Grocery Stores Utilize Cloud Hosting Platform
Using store specific characteristics and actual/planned volume, retailers can produce budgets, forecasts etc., that are not impacted by inflation trends or legacy metrics. Three grocery retailers have recently selected Logile’s enterprise labor planning and execution management solutions. Two are utilizing Logile’s SaaS cloud hosting platform. The new Logile customers include two regional supermarket chains with…
Frost & Sullivan Awards Telvent DTN
Telvent DTN’s customer-centric terminal automation solutions for the oil and gas industry win recognition. Frost & Sullivan has recognized Telvent DTN, a real-time IT solutions and information provider, with its 2011 North American Frost & Sullivan Award for Customer Value Enhancement based on its recent analysis of the terminal automation market for the oil and…
7-Eleven Confirms End of Discussions With Casey’s
7-Eleven Inc. has confirmed that discussions with Casey’s General Stores Inc. regarding a potential transaction have terminated. 7-Eleven made a preliminary proposal of $40 per common share for a consensual transaction on Sept. 2, 2010. After completing additional due diligence, 7-Eleven raised its offer to $43 per common share. 7-Eleven believes its revised proposal fairly…
Mansfield Oil Named Top Technology Innovator
Mansfield Oil Co., an independent supplier of refined fuels, ethanol and diesel exhaust fluid nationwide, has been selected as the top technology innovator in the Energy and Utilities industry in this year’s Information Week 500. The 2010 awards and overall rankings were revealed last week at a gala awards ceremony at the exclusive InformationWeek 500…
NATSO Fights Rest Area Commercialization
NATSO, a national trade association representing travel plaza and truckstop owners is warning Arizona of the dangers of rest area commercialization. Lisa Mullings, the president and CEO of NATSO told Arizona Director of Transportation John Halikowski that adding commercial services to rest areas would allow states to monopolize Interstate business, hurting established commercial enterprises operating at…
Victory For RaceTrac
Atlanta-based RaceTrac Petroleum has been awarded more than $3.4 million from a Financial Industry Regulatory Authority (FINRA) arbitration panel for damages the gas station chain sustained after it invested in the Bear Stearns hedge funds that imploded in 2007, Hedgefund.net reported. The FINRA arbitration award was issued in December, but was recently announced via the…
Healthful Food Choices A National Issue
In his FY 2011 budget proposal, President Barack Obama addressed the need for bringing healthy food options to underserved communities by calling for more than $400 million in investments in new and expanded supermarkets, farmers markets and other food stores. The public-private grant and loan program would dramatically reduce the roughly 23 million Americans who…