Newest location features Dunkin’ Donuts and Subway in an effort to target customers throughout the day. By Erin Rigik, Associate Editor. Gilligan Oil Co. is aggressively embarking on a new foodservice model that aims to combine its c-stores and two QSR franchise partners under one roof to better pull a variety of customers into the…
Bid Deadline Set For Florida Panhandle Stores
NRC Realty & Capital Advisors, LLC (NRC) has announced that Feb. 15, 2011 has been set as the bid deadline for the previously-announced sale of up to 55 fee properties in the Florida Panhandle. Most of the properties are operating gas stations with convenience stores, including one closed site. Most of the operating stations are…
ExxonMobil Honors Hispanic Students
This fall, ExxonMobil, in conjunction with the Hispanic Heritage Foundation, is recognizing Hispanic high school students around the country for achievements in engineering and mathematics through the Hispanic Heritage Youth Awards. ExxonMobil has contributed more than $1.7 million to the Hispanic Heritage Foundation in the 10 years the company has sponsored the awards. ExxonMobil’s grants…
Global Partners Acquires 42 Exxon Stations
Global Partners LP, a wholesale distributor of gasoline, distillates and residual oil in New England, has completed the final phase of its acquisition of 42 Mobil-branded and operated retail gas stations and fuel supply rights in Massachusetts, New Hampshire and Rhode Island. Earlier this month, the Partnership completed the acquisition of 148 dealer-operated Mobil stations,…
ExxonMobil Aids Communities In Developing Countries
Exxon Mobil Corp. pledged $1 million at the Clinton Global Initiative (CGI) to invest in the expansion of high impact, sustainable technologies that advance women economically in the developing world. The program is expected to directly benefit more than 13,500 people, with indirect benefits reaching more than 475,000 people in the next two years. The…
Mid-Atlantic Acquires Exxon Sites
Mid-Atlantic Convenience Stores (MACS), an investment platform backed by Catterton Partners, a consumer-focused private equity firm in North America, has acquired 58 convenience stores/fuel stations, located in Northern Virginia and Maryland, from Exxon Mobil Corp. Terms of the transaction were not disclosed. MACS is a convenience store operator in the Mid-Atlantic region and one of…
Valero Rises to the Top
At a Glance: Valero Energy Corp. Valero operates 16 refineries and seven ethanol plants stretching from California to Canada to the Caribbean. The San Antonio-based operator generated more than $119 billion in revenues in 2008 with total assets of $34.3 billion. Other company highlights include: •Number of Employees: Approximately 22,000 •Refining Throughput Capacity: 3.1 million…
Cruising the Express Lane
Customers in Sandpoint, Idaho crave convenience, but even they were surprised by the speed of service offered at the new Express Lane drive-through convenience store. Express Lane’s founder Adrian Cox was looking to expand his company and found the drive-through concept too tempting to pass up. He described the offering as an appealing and cost-effective…
MAPCO Express Rolls On
While many chains are still feeling the crunch from the current economic recession, others are seeing opportunity. Count MAPCO Express among the companies waiting to pounce. MAPCO Express, a subsidiary of Delek US Holdings, has a long history in convenience retailing. It continues rolling out an upscale convenience store concept, branded MAPCO Mart, and is…
Driving Car Wash Sales
Doggy Drive Throughs One of the faster growing car wash trends is the do-it-yourself dog wash, which appears largely driven by financial considerations on the part of dog owners. No wonder: With dog grooming salons charging anywhere from $25 to $100 to bathe Fido these days, a $5 or even $10 self-serve alternative is a…