Putting flow first fuels success. In a fiercely competitive world where declining fuelmargins are forcing companies to find new ways toincrease the bottom line, can small and mid-sizedconvenience store chains stay ahead of the game? According to Jeff Morris, president and CEO of Alon USA, theycanprovided they manage cash and credit wisely, make a pointof…
one family many owners
Experts are warning that fuel prices are likely toremain high until January 2007 as demand for petroleum products soars due to market shortages causedby the damaged pipelines out of BP
family affair
Just two months after Convenience Store Decisions was first to announce details of Tesco's foray into the U.S. market, we were able to get an exclusive tour of FamilyMart's operations in Southern California with Shiro (Sho) Inoue, president and CEO of Famima Corp., the Japanese retailer's U.S. subsidiary. Inoue's candid interview, part of our "2006…
all in the familyinside japans familymart
Japan’s FamilyMart, whose Famima convenience store brand is attracting an upscale clientele in Southern California, readies expansion to several new markets and New York City may be on the agenda. With the experience of operating 12,452 convenience stores worldwide, Tokyo-based FamilyMart Co. felt the time was right to take on the complex U.S. market. So…
southwest georgia oil targets new markets
New Sun Stop prototype appeals to women, elderly shoppers. Getting more stores and giving better customer service are two tried-and-true ways to boost c-store profits, so when Southwest Georgia Oil Co. (SWGO) decided to grow its business, both tactics made the short list. But a thirdand much less conventionalapproach seems to be working even better:…
tesco prepares for its us invasion
With the development of a new convenience store format to be unveiled in California early next year, UK retailers and analysts say marketers should prepare for Wal-Mart, Part II. By Andrew Don Not since The Beatles has a British invasion been so eagerly anticipated. But UK market observers warn that Tesco’s reputation as a bigger,…
back to the future
CSD examines the financial hurdles the industry faced over the past 10 years, and how retailers will compete in the future. Since the first 7-Eleven opened its doors more than 75 years ago, the industry has served as a home for entrepreneurs and family-run businesses focused on meeting the everyday needs of busy consumers. Through…
open pantrys upscale creations
Years ago, communities had little voice in whether a store would be built.But as markets grew more saturated, communities felt as though they were losingtheir identities. "Today, four or five people sit on a board and make the decision whether astore will be built," says Jim Fiene, senior vice president of Open Pantry FoodMarts of…
designing a retail strategy
Keeping a close eye on competitors, and an even closer eye on the changing needs of customers, is the key to becoming a destination. The late ’90s brought a lot of changes to Bill Gordy’s Delmar, DE-based convenience store business. As he witnessed the beverage category explode with the introduction of new SKUs, he saw…
chevron goes the extramile
Chevron Corp. (San Ramon, CA) has opened 43 ExtraMile Convenience Stores in the Seattle market. The stores feature a fresh look, healthier snacks and premium coffee, as well as easy access to chilled waters, energy drinks and more appetizing to-go food options. The ExtraMile stores opened throughout the city this summer to develop a potential…
