Cary, N.C.-based The Pantry Inc., operator of Kangaroo Express, is purchasing 47 Presto Convenience Stores throughout Kansas and Missouri, including five in the Kansas City metro area. The locations-all but three of which are in Kansas-reported a revenue of about $194 million during the year that ended last May. The deal is expected to close…
POS Training At NACS
Gilbarco Veeder-Root will be hosting free Passport point of sale (POS) system training and also demonstrating remote diagnostics and help desk at the NACS Show, Oct. 6-8 in Atlanta, bringing key benefits of the system to the show floor. Current Passport users can take advantage of free Passport POS training “How to operate Passport in…
Executive VP of Smithfield Foods Retires
Smithfield Foods Inc.’s executive vice president Richard Poulson is retiring from Smithfield effective Sept. 1, 2010. “Dick has been an extremely valuable member of the senior management team and has been helpful in our growth from a domestic provider of excellent pork products into one of the world’s most respected and recognized meat protein suppliers.…
Rutter’s Farm Stores Named CSD’s Chain of the Year
Exceptional leadership, great stores and unsurpassed customer service are the hallmarks of the convenience store industry’s extraordinary chains. Following these guiding principles, Convenience Store Decisions is proud to announce Rutter’s Farm Stores as the 2010 Convenience Store Chain of the Year. At a time when many industry marketers are struggling with exorbitant credit card fees…
Casey’s Completes Financing for Recapitalization Plan
Casey’s General Stores Inc. has completed a private placement for $569 million of 5.22% senior unsecured notes due 2020. Casey’s plans to use the net proceeds from the offering to finance its previously announced recapitalization plan set to be executed through a modified “Dutch auction” self tender offer for up to $500 million in value…
7-Eleven Appoints Jesus Delgado-Jenkins
Jesus Delgado-Jenkins has been named senior vice president of merchandising and logistics at 7-Eleven Inc. He joins 7-Eleven Inc. with more than 20 years of experience in both the public and private sectors. Most recently, Delgado-Jenkins was president and CEO of JNI LLC, a convenience store-acquisition firm. Prior to that, he held the position of…
Brinker Appoints Joe DePinto
Brinker International Inc., a casual dining restaurant company, has elected Joe DePinto, president and CEO of 7-Eleven Inc., to its board of directors. In his current role, DePinto leads 7-Eleven Inc., which operates, franchises and licenses more than 38,400 stores worldwide of which some 8,200 are in North America. Previously, DePinto served in other executive…
Strengthening Safe Security
Cash control practices are an essential part of any c-store operation—from having a cash management system in place to training employees in proper security protocol in everyday cash handling and in the event of a robbery. But more often than not, it’s in-house theft that c-stores need to be most vigilant about. “If you have…
The Keys to Cleanliness
How can you get your employees to excel at a part of the job they probably can’t stand—cleaning the store in general and the restrooms in particular? “It’s a good question, and a never-ending pursuit,” said Tony Bartys, vice president of retail operations and marketing for Valero Energy Corp. in San Antonio. “It’s a challenge,…
Understanding Your Foodservice Customers
Now more than ever convenience store executives recognize that both survival and prosperity depend on their ability to adapt to changing customer preferences and the evolving business environment. Nowhere is this more apparent than in the changing role of convenience stores as a foodservice provider for budget-conscious, time-sensitive consumers that have scaled back on restaurant…
