The Kroger Co. reached a deal yesterday to acquire regional grocer Harris Teeter Supermarkets Inc. in a $2.5 billion deal, the latest in a string of grocery industry consolidations. The deal, approved by the boards of both companies, is expected to boost Kroger’s presence in the U.S. southeast. Competitors there include Publix and Wal-Mart Stores…
RaceTrac Kicks Off SodaPalooza
Social media promotion gives customers a chance to win free fountain drinks for a year. RaceTrac is kicking off SodaPalooza 365, which gives social media savvy customers a chance to win free fountain drinks for a year at RaceTrac. The promotion runs May 21-Aug 31, and the contest will see two weekly winners. Customers have…
RaceTrac Leverages Projectmates Construction Management Software
RaceTrac selects Projectmates for its flexibility, suite of business process workflows, and vast experience in the retail industry. RaceTrac convenience stores is leveraging Projectmates construction management software for its rapid expansion campaign. RaceTrac, which operates 320 retail gasoline convenience stores in five Southeastern states, is just one of the newest retail clients to adopt Projectmates—developed…
RaceTrac Debuts Prototype Store
“The whole goal is to take you back to the idea of a neighborhood store versus a traditional gas station,” says RaceTrac spokesperson. RaceTrac opened a new store this week on the corner of Cherokee Street and Lake Acworth Drive in Acworth, Ga., that is set to serve as the prototype for all new RaceTrac…
Is Big Oil Losing its Drawing Power?
For many, many years the power of the Big Oil brands was indisputable. They owned the refineries, the stations and the credit card networks to boot. While my father was an Exxon dealer and jobber for more than 30 years I distinctly remember seeing Shell and Texaco credit cards lying around the house. In those…